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Chinese Stocks Surge As Investors Bet On Economic Turnaround: 7 ETFs To Watch
Wednesday, May 8, 2024 - 12:03pm | 1189Once haunted by a domestic real estate collapse reminiscent of a Lehman-like crisis, Chinese stocks witnessed a significant rally in the first part of the year, reviving investor bets on the beginning of a more serious and robust recovery. On Tuesday (May 7), the SSE Composite Index, which includes...
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There's A New ETF Tracking S&P 500 That Offers '100% Downside Protection' But Here's The Catch
Tuesday, April 30, 2024 - 12:03am | 665A new exchange-traded fund (ETF) is set to launch, offering investors a unique proposition of “100% downside protection” to the stock market, but with a few conditions. What Happened: The Calamos S&P 500 Structured Alt Protection ETF – May will be introduced on Wednesday under the...
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Ethereum Outpaces Bitcoin With 8% Surge Fueled By US ETF Approval Rumors
Tuesday, April 9, 2024 - 2:39am | 671Ethereum (CRYPTO: ETH), the world’s second-largest digital asset, has experienced an 8% surge in the last 24 hours, outperforming Bitcoin (CRYPTO: BTC). What Happened: This sudden increase is believed to be connected to rumors about the possible approval of U.S. exchange-traded funds (...
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Unlock The Potential Of Leveraged ETFs With Expert-Led Trading Boot Camp
Friday, March 22, 2024 - 8:49am | 636Traders and investors looking to deepen their understanding of exchange-traded funds (ETFs) will soon have an opportunity to expand their knowledge. In collaboration with Direxion, Benzinga is set to host an exclusive boot camp titled “Level Up Your Trading with Leveraged ETFs.”...
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ETF Named After Nancy Pelosi, Tracking Congressional Democrats' Stock Trades, Surpasses S&P 500 with Tech Triumph
Thursday, February 29, 2024 - 3:25am | 831An exchange-traded fund (ETF) that tracks the stock trades of Democratic members of Congress has been outperforming the S&P 500 since its launch in 2023. What Happened: The Unusual Whales Democratic ETF (BATS:NANC), in a nod to former House Speaker Nancy Pelosi, has seen a 30% surge since its...
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Bitcoin's $59K Surge Leads To $71M In Short Squeezes—Here's What's Happening
Wednesday, February 28, 2024 - 5:27am | 422Bitcoin (CRYPTO: BTC) on Wednesday morning saw its value surge to $59,000, fueled by enthusiastic market sentiment, substantial institutional investment, and anticipated gains from the upcoming ‘halving’ event. What Happened: The last instance when Bitcoin exceeded the $59,000 mark was...
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Bitcoin Could Hit $50K, Says Analyst As King Crypto Price Breaks Above $45K For First Time Since ETF Launch
Friday, February 9, 2024 - 12:11am | 658The price of Bitcoin (CRYPTO: BTC) has surged above $45,000 for the first time since the introduction of Bitcoin exchange-traded funds (ETFs) in January. This development has sparked predictions of a potential $50,000 push. What Happened: The price of Bitcoin hit $46,047, marking a 1.65% increase...
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EXCLUSIVE: SEC's Green Light to Bitcoin ETF — Is 2024 A New Era For Cryptocurrencies?
Thursday, January 25, 2024 - 6:06pm | 631In a landmark decision, the U.S. Securities and Exchange Commission (SEC) approved a Bitcoin Exchange-Traded Fund (ETF), marking a pivotal moment in the history of cryptocurrencies. This move, long-awaited by the crypto community, signals a significant shift towards mainstream acceptance. It could...
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Jim Cramer Weighs In On BTC's Decline After ETF Launch: 'Nasty Beginning To The Bitcoin Selloff... And Then Almost No One Shows Up'
Friday, January 19, 2024 - 1:23am | 614CNBC’s ‘Mad Money’ host Jim Cramer on Thursday, weighed in on Bitcoin’s (CRYPTO: BTC) notable decline following the launch of several Bitcoin exchange-traded funds (ETFs). What Happened: Cramer on X said, “Nasty beginning to the bitcoin selloff. Someone’s...
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Long-Dormant Ethereum Address Comes To Life After 8.5 Years Amid Growing Speculation Of ETH ETF
Monday, January 15, 2024 - 3:05am | 539An Ethereum (CRYPTO: ETH) address that stood inactive for eight and a half years sprang to life as it transferred 2000 ETH, worth approximately $506,140, Etherscan data confirms. What Happened: The reactivated wallet held ETH that cost between $0.42 to $1.39 back when the cryptocurrency was...
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Crypto Sentiment Shifts To Neutral Following Bitcoin ETF Hype As $116M In Liquidations Hit Traders
Monday, January 15, 2024 - 12:08am | 520The Crypto Fear and Greed Index, a measure of market sentiment, indicates that enthusiasm in the Bitcoin (CRYPTO: BTC) market has receded to “neutral” for the first time since October 2023, following the authorization of spot Bitcoin Exchange-Traded Funds (ETFs) in the United States....
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Elon Musk Takes A Stab At SEC After X Account Hack Via A Dogecoin Meme — Jokes 'LFGDogeToTheMoon' Was Regulator's Password
Tuesday, January 9, 2024 - 10:55pm | 514Elon Musk, on Tuesday evening, took a jab at the Securities and Exchange Commission after the regulatory authority’s account falsely tweeted about approving the Bitcoin (CRYPTO: BTC) Spot Exchange-Traded Funds (ETFs). What happened: Musk had not remarked on Dogecoin (CRYPTO: DOGE) for an...
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Peter Schiff Says Bitcoin Speculators Expect A Rally But 'Hard To Believe The Market Will Deliver' After Fake News Pump: 'Better To Sell Today'
Tuesday, January 9, 2024 - 9:15pm | 811Noted economist Peter Schiff cautioned that the much-anticipated Bitcoin ETF approval rally may not meet speculators’ expectations and that it would be “better to sell today.” What Happened: Schiff, in a tweet on Tuesday, noted the volatility of Bitcoin (CRYPTO: BTC) following a...
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Jim Cramer Believes BTC 'Topping Out' As ETF Approval Deadline Approaches, But Advises: 'If You Want Bitcoin, Buy Bitcoin'
Tuesday, January 9, 2024 - 2:56am | 425CNBC's ‘Mad Money' Host Jim Cramer on Monday said "Bitcoin's (CRYPTO: BTC) topping out" following its ascent to the $47,000 mark, energized by the market’s optimism for a potential spot Bitcoin ETF approval. What Happened: While fielding questions about Riot Platforms’ stock, Cramer...
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Former SEC Chair Jay Clayton Says Bitcoin ETF 'Approval Is Inevitable. There's Nothing Left To Decide'
Monday, January 8, 2024 - 11:25pm | 457The former chairman of the Securities and Exchange Commission (SEC), Jay Clayton, has stated that the regulator’s approval of a spot Bitcoin (CRYPTO: BTC) Exchange-Traded Fund (ETF) is essentially guaranteed. What Happened: Clayton said in a CNBC interview that the approval of a spot Bitcoin...