On December 18, 2024, the Federal Reserve’s unexpected announcement to limit interest rate cuts sent shockwaves through Wall Street, causing the CBOE Volatility Index, or VIX, to spike by 74%—marking one of the largest percentage increases in its history. This surge reflected heightened investor fear, with the VIX closing at 27.62, up from around 15. ...
On December 18, a significant Market panic ensued following a 25 basis point interest rate cut by the Federal Reserve and Chair Jerome Powell’s hawkish comments. This led to Bitcoin briefly falling below $100,000, while U.S. stocks dropped by about 3%, and the dollar index soared to a two-year high. The CBOE Volatility Index, or ...
The cryptocurrency Market attracts investors due to its volatility, offering the potential for significant returns. Dogecoin, originally created as a joke in 2013, has surged by about 340% this year, showcasing its explosive growth potential. Its rise is often influenced by Elon Musk’s support, which has historically driven its popularity. Though Dogecoin has shown impressive ...
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 ...
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 ...
The cryptocurrency Market has exploded, featuring over 10,000 different coins. However, not all cryptocurrencies are created equal. Some, like memecoins, might seem exciting due to social media buzz, but they often lack real value and can drop in price just as fast as they rise. For newcomers, the best approach is to invest in well-established ...
Bitcoin, the leading cryptocurrency, has long been a topic of debate, often criticized for its volatility and association with illegal activities. Despite this, it recently crossed the $100,000 mark, bolstered by support from advocates like Michael Saylor and even Federal Reserve Chair Jerome Powell, who likened it to digital gold. While Bitcoin faces challenges, such ...
The global cryptocurrency Market is set to grow by USD 34.5 billion from 2024 to 2028, with an annual growth rate of 16.64%. This expansion is driven by increasing investments in digital assets and growing acceptance of cryptocurrencies by retailers. Major companies like Starbucks and Tesla are beginning to embrace cryptocurrencies for everyday transactions, enhancing ...
Bitcoin has recently achieved a significant milestone, surpassing the six-figure mark for the first time. As of now, it is around $99,000, with a peak of $103,844 earlier. If you had invested $1,000 in Bitcoin one year ago, it would now be worth $2,305, reflecting a 130% gain. Over five years, that investment would have ...
As Bitcoin soared past $100,000, MicroStrategy’s stock saw a decline of 4.5%. The company holds over 402,000 Bitcoins, valued at around $40 billion, but despite Bitcoin’s milestone, investors sold off shares in crypto-related companies like MicroStrategy and Coinbase, which dropped by 3%. MicroStrategy has shifted focus from software to Bitcoin investment, resulting in a nearly ...
