Author: Benzinga Neuro

As Bitcoin’s (CRYPTO: BTC) value continues to climb, reaching unprecedented heights, the question arises whether the traditional four-year market cycle that has characterized its growth is nearing its conclusion. What Happened: Bitcoin’s traditional four-year market cycle may be disrupted by new market players and mechanisms, CoinFlip’s CEO Daniel Polotsky suggests in a recent op-ed for…

The ongoing excitement surrounding AI has prompted an analyst to highlight potential indicators of an impending market correction. Richard Windsor, a seasoned tech stock analyst and founder of Radio Free Mobile, has identified three recent occurrences that could signify an AI bubble. What Happened: In a research note named “Magic Money Tree,” Windsor voiced concerns…

The cryptocurrency sector is experiencing a surge in meme coin activity, with Dogwifhat (CRYPTO: WIF) witnessing a significant increase in short liquidations. What Happened: Dogwifhat, a meme coin based on the Solana (SOL) blockchain, has seen a substantial rise in its price. The token, which features a Shiba Inu dog wearing a pink knitted cap,…

On Thursday, Cathie Wood-led Ark Invest purchased a substantial number of shares in Tesla Inc. (NASDAQ:TSLA), despite the electric vehicle giant’s recent dip in stock price. The TSLA Trade Ark Invest’s ETFs, ARK Innovation ETF (NYSE:ARKK) and ARK Next Generation Internet ETF (NYSE:ARKW), purchased 65,514 and 14,437 shares of Tesla respectively. This move comes after…

Peter Schiff, a prominent critic of Bitcoin (CRYPTO: BTC), has expressed his views on the potential of gold outperforming Bitcoin in the upcoming month despite the lack of recommendations for gold ETFs on CNBC’s Fast Money. What Happened: On Tuesday, Schiff took to X (formerly Twitter) to voice his thoughts on the recent investment advice…

In a recent discussion, CNBC’s Jim Cramer emphasized the expanding market landscape, highlighting the emergence of winners such as Nvidia (NASDAQ:NVDA) despite its recent drop. What Happened: Cramer analyzed the top twelve stocks in the S&P 500 year to date, underlining that firms from diverse sectors are witnessing substantial gains, CNBC reported on Tuesday. He…

On Thursday, the investment firm led by Cathie Wood, Ark Invest, made a significant move by purchasing shares of Meta Platforms Inc (NASDAQ:META) even as the company faces fresh legal challenges. The Meta Trade On Thursday, Ark Invest purchased a total of 90,253 Meta Platforms shares through ARK Innovation ETF (NYSE:ARKK), ARK Next Generation Internet…

David Gokhshtein, a well-known advocate for Dogecoin (CRYPTO: DOGE), recently expressed his admiration for Cardano (CRYPTO: ADA), attributing it to his long-standing interest in the cryptocurrency. What Happened: Gokhshtein, the founder of Gokhshtein, took to social media platform X formerly known as Twitter to voice his support for ADA. “I’ve always been a big fan…

Crypto trader and noted economist Alex Krüger believes that the Bitcoin (CRYPTO: BTC) bull market is just warming up, with the full effects of the recently sanctioned Bitcoin ETFs yet to unfold. What Happened: In a recent conversation on the 1000x Podcast, Krüger delved into the complexities of an ETF product and why he is…

In a recent report, global wealth manager UBS identified the sectors likely to drive the next wave of technological innovation and the stocks that stand to benefit. What Happened: UBS has pinpointed artificial intelligence (AI), cybersecurity, health tech, Greentech, and fintech as the sectors that will produce the “next big thing” in tech. The bank…