Articles for category: Crypto

Market News

Big Changes Ahead: Nasdaq-100 Membership Updates and Their Impact on Investors

Every December, Nasdaq updates its Nasdaq-100 Index, which features 100 of the largest non-financial companies on the Nasdaq Stock Market. Established in 1985, the index is heavily influenced by the Market capitalizations of its members, including major tech giants like Apple, Microsoft, and Amazon. For December 2023, the index has shown impressive growth, gaining 53.8% ...

Market News

India’s Central Bank Governor Celebrates CBDC as Digital Rupee Surpasses 5 Million Users in Landmark Growth

India’s outgoing Reserve Bank of India (RBI) governor, Shaktikanta Das, has emphasized the country’s leading role in central bank digital currency (CBDC) development, highlighting its impressive growth with over 5 million users and 400,000 merchants participating in the digital rupee’s pilot since 2022. He believes CBDCs hold enormous potential for the future of currency. While ...

Market News

Trump’s $1 Billion Promise, RFK Jr.’s Ozempic Comments, and Microsoft Rejects Bitcoin: Key Highlights in Business News Today

President-elect Donald Trump is urging major companies and wealthy investors to inject $1 billion into the U.S. economy, promising to significantly reduce bureaucratic hurdles in return. Meanwhile, Robert F. Kennedy Jr., Trump’s nominee for Health and Human Services Secretary, has shared insights on popular weight-loss treatments. Starting January 1, 2025, minimum wage increases will benefit ...

Market News

Palantir Stock Joins Nasdaq-100: Key Insights for Investors Amid Super Micro Computer’s Exit from the Index

Palantir Technologies is making headlines as it has been added to the Nasdaq-100 index, a group of the largest non-financial companies on the Nasdaq stock exchange. This announcement came on Friday evening, just before the weekend, and is anticipated to increase demand for Palantir’s stock, given the visibility that comes with index membership. Recently, Palantir’s ...

Market News

Discover the Ideal Cryptocurrency ETF for Investors Hesitant About Digital Assets

Despite Bitcoin recently surpassing $100,000, many people are still hesitant about investing in cryptocurrency due to its volatility. The iShares Bitcoin Trust offers a straightforward option for those looking to invest in Bitcoin without the complexities of managing a cryptocurrency wallet or exchange. As a dedicated spot Bitcoin ETF from BlackRock, it exclusively invests in ...

Market News

Discover the Ideal Cryptocurrency ETF for Investors Hesitant About Digital Assets

Despite Bitcoin recently hitting a new high over $100,000, many remain hesitant about investing in cryptocurrency due to its volatility. The iShares Bitcoin Trust offers a straightforward way for investors to gain exposure to Bitcoin without the complexities of managing crypto wallets or exchanges. This spot Bitcoin ETF invests directly in Bitcoin and has quickly ...

Market News

Palantir Joins Nasdaq-100 Index While Super Micro Computer Exits: Key Information for Investors to Consider

Palantir Technologies, listed on NASDAQ as PLTR, received great news as it will be added to the Nasdaq-100 index, effective December 23. This index features 100 of the largest non-financial companies on the Nasdaq Stock Market. Palantir’s stock has seen a remarkable 343% increase in 2024, significantly outperforming the S&P 500. The announcement’s timing is ...

Market News

Discover the Ideal Cryptocurrency ETF for Beginners: Your Balanced Entry into the Crypto Market.

Despite Bitcoin reaching a record price of over $100,000, many are hesitant about investing in cryptocurrencies due to their volatility. For those open to taking on this risk, the iShares Bitcoin Trust, a popular exchange-traded fund (ETF), offers a straightforward way to invest in Bitcoin without the complexities of managing cryptocurrency wallets or exchanges. This ...

Market News

Nasdaq-100’s Newest Addition: Stock Surges 1,090% Since Last Year and Remains a Strong Buy for 2025

Palantir Technologies, a leading name in artificial intelligence, has seen its stock price soar over 1,000% in less than two years, with strong potential for future growth. Recently selected for the Nasdaq-100 index, Palantir has capitalized on the surge in demand for AI solutions through its innovative Artificial Intelligence Platform. The company reported impressive financial ...

Market News

Why Companies Are Embracing Bitcoin: Key Benefits and Trends Driving Adoption in 2023

MicroStrategy’s remarkable success with investing in bitcoin has sparked interest among other companies wanting to adopt a similar strategy. This year, MicroStrategy’s stock soared 501% thanks to its bitcoin investments, encouraging firms like Marathon Holdings and Acurx Pharmaceuticals to buy cryptocurrencies for their corporate treasuries. The appeal lies in bitcoin’s growing reputation as a safeguard ...

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