Coinbase Shares Soar as Crypto-Related Stocks Continue Post-Fed Rally
Barclays analyst said Coinbase volumes rose 56% in January from the previous month. Source
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Stocks
Bitcoin price is up, but BTC mining stocks could remain vulnerable throughout 2023
Bitcoin mining stocks usually follow BTC’s price because it directly influences the company's earnings. These stocks were beaten down heavily in the last quarter of 2022, especially in the month of December. The downturn after FTX's collapse worsened with the bankruptcy filings of the largest U.S.-based Bitcoin mining company, Core
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Bitcoin due shake-up vs. gold, stocks as BTC price dips under $22.5K
Bitcoin (BTC) saw weakness at the Jan. 25 Wall Street open as United States equities fell in step. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price faces stiff resistanceData from Cryptox Markets Pro and TradingView showed BTC/USD heading below $22,500 after failing to crack resistance near five-month highs.U.S. stocks saw a
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Sen. Hawley Introduces Act to Ban Lawmakers from Trading Stocks
The bill was supported by some representatives of both the Republican and Democratic parties.A new bill has been submitted by Senator Josh Hawley, this bill is expected to refrain members of Congress from trading and possessing stocks, leveraging the name of his legislation to criticize the investment activities of Rep.
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UK Ad Mogul Martin Sorrell Believes US Tech Stocks to Rebound This Year
Advertising spending has reduced over the past year, contributing to the woes of Meta Platforms. However, Sorrell says the ease in the crackdown from Beijing is a positive growth factor for the US tech stocks.Martin Sorrell, the UK ad mogul and founder of the advertising agency, S4 Capital has weighed
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With Bitcoin Bounce Back, Crypto Mining Stocks Surge to Yearly Highs
A strong 28% jump in the BTC over the last two weeks has given crypto miners some relief after they faced acute financial stress last year.The strong rebound in the Bitcoin (BTC) price earlier this week has had a very positive impact on the crypto mining stocks. Stocks of the
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Crypto mining stocks surge to yearly highs after Bitcoin bounces back
The Bitcoin (BTC) price rebound to a multi-month high has rubbed onto the mining stocks as well. Many of these crypto-mining stocks recorded their best monthly performance in a year. The surge in mining stocks also came as a relief for the troubled miners who had to sell a significant
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How crypto tokens (but not Bitcoin) will outperform stocks in 2023 — Arca’s CIO explains
Digital assets will largely decouple from traditional equity markets in 2023, believes Arca chief investment officer Jeff Dorman. Discussing his outlook for 2023 in a recent interview with Cryptox, Dorman argued that as the global economy enters a recession this year, equities will be negatively affected while some cryptocurrencies will
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Bitcoin’s Modest Rally Sends Crypto-Related Stocks Sharply Higher
With most of the miners having begun the year priced as if they will follow peers Core Scientific (CORZ) and Argo Blockchain (ARBK) into either bankruptcy protection or some other form of restructuring, bitcoin's modest advance is having a big effect on Monday. Marathon is higher by 24% and the
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Chinese Tech Stocks Surge with Approval of Ant Group Capital Plan
Investors celebrated over the hope of a positive regulatory environment for private tech companies in China going ahead.On Wednesday, January 4, stocks of the US-listed Chinese tech companies soared after Chinese officials approved the expanded capital plan for Ant Group. After a major crackdown by Chinese officials on the local
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