Fundstrat's Tom Lee said stocks should rally into year-end due to favorable seasonals and a "buy the dip" mantra among active fund managers.
Ethereum is primed for a breakout, according to top crypto analyst
Fundstrat's Sean Farrell has nailed Bitcoin's price the past two years. Now, he says it's Ethereum's time to shine
Bitcoin buyer MicroStrategy ends flat after getting Nasdaq 100 nod
(Reuters) -MicroStrategy shares briefly surged on Monday before faltering to end nearly unchanged, after the software company and bitcoin stockpiler was selected to join the tech-heavy Nasdaq 100 index, further brightening the prospects of the stock. The $25.7 trillion index that houses the largest non-financial companies will now gain indirect exposure to bitcoin via MicroStrategy, which holds $44 billion worth of the digital currency on its balance sheet, about 2% of the total supply of the world's largest cryptocurrency. The prospect of more buying from funds that track the Nasdaq 100 could further boost MicroStrategy's stock that has surged nearly 550% this year alongside a jump in the bitcoin price.
Bitcoin reaches new all-time high of $107,000 after Trump confirms plans for Bitcoin reserve
The currency surged after Trump promised to “do something great with crypto.”
MicroStrategy to Join Nasdaq-100 as Bitcoin Rallies
Bitcoin proxy’s upcoming addition to the index will drive buying by QQQ ETF and other funds.
Nasdaq Closes at Record High; Dow Falls Ahead of Fed Meeting
The Nasdaq Composite closed at an all-time high Monday while the Dow Jones Industrial Average fell a
US Stocks Close Higher With Fed Rate-Cut Expected: Markets Wrap
(Bloomberg) -- US stocks broadly ended Monday’s session higher as traders geared up for interest-rate decisions by major central banks across the globe due later this week. Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearThe S&P 500 rose 0.4% while the Nasdaq 100 gained 1.5% to notch another record high. Broadcom Inc. and Tesla Inc. were among the biggest gainers of the ses