BlackRock’s spot Bitcoin BTC$93,679 exchange-traded fund (ETF) clocked more than $37 billion in net inflows during 2024, outpacing its competitors, according to data from Farside Investors. BlackRock’s iShares Bitcoin Trust (IBIT) netted more than three times the inflows of runner-up Fidelity Wise Origin Bitcoin Fund (FBTC), which attracted nearly $12 billion in net inflows this year, Farside said in […]
A fresh proposal to constitutionally mandate the Swiss National Bank (SNB) to hold Bitcoin on its balance sheet has been set in motion by the Swiss federal chancellery on Dec. 31. The proposal will need to accumulate 100,000 signatures for it to be put to a public referendum, according to Tether’s vice president of Energy and Mining Giw Zanganeh, […]
Washington, D.C., faces a minefield of deadlines with serious political and economic implications as it enters 2025. But Wall Street doesn’t seem too worried. The stock market closed out 2024 with serious gains across sectors despite a slight December skid, and experts see plenty of green ahead despite high potential for political turmoil. The S&P […]
Banks are writing off credit card debt at the highest level since 2010, a potential red flag for the economy as consumers have juggled inflation and higher borrowing costs in recent years. Americans are having more trouble paying credit card bills, forcing lenders to take steeper losses as they give up on collecting those debts. […]
Bitcoin is ending 2024 on a downward skid — falling nearly 5% in December — despite yet another big weekly purchase from MicroStrategy. As investors turn the calendar into 2025, historical market data indicates January could be a big month for Bitcoin and the rest of crypto. According to data compiled by Coinglass, Bitcoin has […]
Crypto prices are experiencing a rocky Monday due to poor U.S. macroeconomic data and rampant profit-taking. Bitcoin (BTC) has dropped 1.8% in the past 24 hours to $91,800, a price not seen since Dec. 5, the day it broke through $100,000 for the first time. The largest cryptocurrency has fallen more than 14% from its […]
This year, America’s once-in-a-generation housing slump deepened — but 2025 may not see much improvement. That’s partly because Americans who locked in ultra-low mortgage rates during the pandemic have little incentive to move into new homes and take on higher borrowing costs. “We’re coming into 2025 with a strong sense of déjà vu,” said Skylar Olsen, Zillow’s […]
As 2024 draws to a close, investors can look back on a strong performance for U.S. stocks and look to 2025 with excitement. Of course, amid that positivity lies doubt. Concentration risk in U.S. stocks, specifically in areas like tech, looms over potential further positivity. At the same time, valuations remain particularly elevated. Those factors […]
The market is entering the final two trading days of 2024, and stocks are set to post another strong year of gains. The Nasdaq Composite (^IXIC) once again led the charge in 2024, rising more than 30% thus far while the S&P 500 (^GSPC) has risen over 25%. The Dow Jones Industrial Average (^DJI) is […]
The S&P 500 (^GSPC -1.11%) has enjoyed a nice run since Donald Trump won the presidential race on Nov. 5, 2024. Although the widely followed index pulled back after the Federal Reserve hinted fewer rate cuts might be on the way than expected, it’s now rebounding and is only around 1% below the record high. How long will the […]
The cryptocurrency market has had an extraordinary year, and market participants are optimistic about the prospects for 2025 as a new administration takes over in Washington D.C., though plenty of uncertainty remains. Bitcoin (BTCUSD) rallied early in the year amid explosive demand from newly launched spot bitcoin exchange-traded funds (ETFs). Soon after, a bitcoin halving, which […]
Sunday has been a rollercoaster for bitcoin prices, with the top crypto asset dipping to a low of $92,941 per coin. The whole crypto market took a hit, dropping by 1.61%, while BTC itself lost 1.42% in the last 24 hours. Cryptoquant Data Shows Bitcoin’s Sell-Side Liquidity Plunged to 6.6 Months Bitcoin hit a low of […]
