Bitcoin Struggles Below $100,000, But ARK Invest Predicts $1.5 Million by 2030
Bitcoin has been struggling to break past the $100,000 mark since early February, with global trade tensions affecting its price.
Bitcoin's Acquisition Cost Hits Record $40.9K in 2024 as Analysts Predict $40K Floor Price
Bitcoin’s average acquisition cost reached an all-time high of $40,980 per BTC at the end of 2024, according to ARK Invest’s Big Ideas 2025 report.
Bitcoin Drops Below $95,000 as U.S. Inflation Rises 0.5% in January, Fed Signals No Rate Cuts Soon
Bitcoin’s price fell below $95,000 on Feb. 12 after U.S. inflation data for January came in higher than expected, shaking both crypto and traditional markets.
Bitcoin Miner Riot Adds New Board Member to Push AI Pivot
Riot also announced it has hired investment banks Evercore and Northland Capital Markets to lead discussions with potential AI and HPC partners.
Stock market today: Dow, S&P 500, Nasdaq futures climb with PPI inflation looming after hot CPI
Stock futures climb Thursday.
Elon Musk calls for the US to 'delete entire agencies' from the federal government
Elon Musk called on Thursday for the United States to “delete entire agencies” from the federal government as part of his push under President Donald Trump to radically cut spending and restructure its priorities. Musk offered a wide-ranging survey via a videocall to the World Governments Summit in Dubai, United Arab Emirates, of what he described as the priorities of the Trump administration interspersed with multiple references to “thermonuclear warfare” and the possible dangers of artificial intelligence. “We really have here rule of the bureaucracy as opposed to rule of the people — democracy,” Musk said, wearing a black T-shirt that read: “Tech Support.”
Thoma Bravo-backed SailPoint set for US market comeback after over two years
Stricter data privacy regulations, a surge in global cyberattacks and the rise of AI-driven cybersecurity threats have boosted the value of businesses like SailPoint. SailPoint first went public in 2017, three years after being acquired by private equity firm Thoma Bravo, which bought it again in 2022 via a $6.9 billion deal.
The latest inflation report shows that high prices are Trump's major economic challenge
As a candidate last year, Donald Trump suggested he could easily conquer inflation and ease voters' fears about the economy. Wednesday's consumer price index report showed that inflation is punching back — and President Trump could end up facing the same challenges that dragged down his predecessor, President Joe Biden. The annual inflation rate has risen in the three months since the November election to 3%, with gasoline prices climbing despite Trump's claims that his return to the White House would signal increased oil production that would lower energy costs.
3 Industrials Stocks in the Doghouse
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the industry’s six-month return of 8.6% has fallen short of the S&P 500’s 11.3% rise.
Indonesia to Allow Short-Selling to Broaden Stock Market Appeal
(Bloomberg) -- Indonesia plans to introduce short-selling in the second quarter this year, to increase options for investors at a time when the benchmark exchange sits just above bear-market levels.Most Read from BloombergWhy American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysThe local stock exchange, known as IDX, will allow