Cryptocurrencies are on the rise, but this time it's Ethereum, not Bitcoin, making the headlines. These 3 stocks are making new highs thanks to ETH strategies.
Strategy (NASDAQ:MSTR) is lagging Bitcoin (CRYPTO: BTC) despite BTC hitting all-time highs this week, raising concerns among traders about whether investing in the leading Bitcoin treasury company
Shares of business analytics software company MicroStrategy (NASDAQ:MSTR) fell 3.2% in the morning session after a nearly 4% drop in Bitcoin's price weighed on crypto-related stocks, amid growing concerns over the company's valuation and fundamentals. The downturn in Bitcoin was linked to a hotter-than-expected Producer Price Index (PPI) report, a key measure of inflation that can influence investor sentiment towards riskier assets. This macro news compounded existing investor worries specific to Strategy.
Nu Holdings Ltd. (NYSE:NU) shares are trading nearly 10% higher in Friday's pre-market trading, even as the company reported mixed earnings for the second quarter. NU is surging to new heights. Get the scoop here.
BIT Mining Ltd. (NASDAQ:BTCM) stock plunged 8% in Thursday's after-hours trading after the cryptocurrency mining company's half-yearly earnings disappointed investors. BTCM shares are retreating from recent levels. Watch the momentum here.
180 Life Sciences Corp. (NASDAQ:ATNF) shares slid 1.45% in after-hours trading on Thursday, coinciding with the decline of the company's primary reserve asset, Ethereum (CRYPTO: ETH).
A number of stocks fell in the morning session after markets pulled back as a hotter-than-expected wholesale inflation report for July dampened hopes for a Federal Reserve interest rate cut. The U.S. Producer Price Index (PPI), a key measure of wholesale inflation, rose 0.9% month-over-month in July, far exceeding the 0.2% increase that economists had predicted. Annually, prices at the wholesale level jumped 3.3%, also surpassing the 2.5% forecast. This hotter-than-expected data has poured cold water on widespread expectations for an interest rate cut from the Federal Reserve next month. Persistent inflation makes it less likely for the central bank to ease monetary policy. Sectors with high-growth stocks, such as SaaS, are particularly sensitive to interest rate changes, as the prospect of higher rates for longer can diminish the present value of their future earnings, leading to a decline in stock prices.
The cryptocurrency market is experiencing a remarkable resurgence, with Bitcoin (BTC) and Ether (ETH) leading the charge, trading near their all-time highs. Bitcoin has been hovering between $118,000 and $122,900, while Ether has seen significant gains, reaching $4,640-$4,679. This impressive rally signals a renewed bullish
Venture capitalist Chamath Palihapitiya has long been a staunch advocate of Bitcoin (CRYPTO: BTC) and did not mince words when criticizing legendary investor Warren Buffett’s scathing remarks about the asset.
Cardano (CRYPTO: ADA) raced to double-digit gains on Wednesday, riding on the optimism surrounding a potential exchange-traded fund filing by digital asset management company Grayscale Investments.
Decentralized exchange token Aerodrome Finance (CRYPTO: AERO) popped on Wednesday after being integrated into Coinbase Global Inc.’s (NASDAQ:COIN) main application.
According to CME Group’s FedWatch tool, 100% of traders have priced in at least a 25 basis point rate cut in the U.S. central bank’s next policy meeting.
The cryptocurrency market is experiencing an exhilarating surge, with Ether (ETH) leading the charge, rising by a remarkable 7% and inching closer to its all-time high above $4,700. Not to be outdone, Bitcoin (BTC) has firmly established itself above the $120,000 mark, signaling a robust and broad-based rally
Ethereum (CRYPTO: ETH) could be the most significant macro investment opportunity over the next decade, according to Fundstrat co-founder Tom Lee, who points to the convergence of artificial intelligence, tokenization, and Wall Street's
Metaplanet Inc. (OTC:MTPLF) on Wednesday disclosed in its Q2 2025 financial report that it holds 18,113 BTC, positioning the company as the fourth-largest corporate Bitcoin (CRYPTO: BTC) holder worldwide
The gains followed U.S. Treasury Secretary Scott Bessent’s suggestion that the Federal Reserve should weigh a 50 basis-point rate cut in September on Tuesday evening.
Shares of Bitcoin Depot Inc. edged higher in Wednesday's, August 13, pre-market trading after the cryptocurrency ATM operator reported nearly a threefold jump in second-quarter profits.
