Nasdaq announces MicroStrategy’s inclusion in Nasdaq-100, what’s next?

Key Takeaways MicroStrategy, Palantir Technologies, and Axon Enterprise will join the Nasdaq-100 on December 23. MicroStrategy’s inclusion is expected to attract significant buying activity from ETFs tracking the Nasdaq-100. Share this article... Read more »

Nasdaq expected to announce MicroStrategy’s inclusion in Nasdaq-100 today

Key Takeaways MicroStrategy is likely to be included in the Nasdaq-100 index, pending its classification as a technology company. ETFs tracking the Nasdaq-100 may need to buy MicroStrategy shares if included, impacting... Read more »

Australia’s big super fund allocates $27 million to Bitcoin: report

Key Takeaways AMP allocated $27 million to Bitcoin, marking Australia’s first super fund investment in the digital asset. The Bitcoin investment aims to enhance returns and manage risk as part of AMP’s... Read more »

US November CPI matches expectations, Fed rate cut likely ahead

Key Takeaways US consumer prices rose 2.7% annually in November, keeping inflation above the Federal Reserve’s 2% target. Traders are anticipating a quarter-point reduction in the federal funds rate at the upcoming... Read more »

Crypto crash wipes out $1.7 billion in leveraged positions, Bitcoin plunges toward $94,000

Key Takeaways The crypto market crash led to $1.7 billion in leveraged position liquidations within 24 hours. Despite concerns over quantum computing’s impact on crypto security, current threats remain minimal. Share this... Read more »

Chinese app giant sells all Bitcoin ahead of $100,000 milestone

Key Takeaways Meitu sold 940 Bitcoin and 31,000 Ethereum for $180 million before Bitcoin reached $100,000. 80% of the proceeds from Meitu’s crypto sale will be distributed as a special dividend. Share... Read more »

Altcoin Google searches spike to 2021 all-time highs

Key Takeaways Google searches for ‘altcoins’ hit a record high of 100 on November 30, driven by overall market optimism post-election. The Altcoin Season Index has risen to 89, indicating strong market... Read more »

TRON jumps 85% to new record high, market cap tops $36 billion

Key Takeaways TRON’s TRX token soared to an all-time high of $0.43 with a 85% single-day increase. TRX’s market value surged from $19 billion to $36.7 billion in 24 hours. Share this... Read more »

Bitcoin crashes to $62,000 on Upbit after South Korea enacts emergency martial law

Key Takeaways Bitcoin plunged over 30% on Upbit following South Korea’s martial law declaration. Fear and uncertainty have gripped the market, leading to widespread selling and a loss of investor confidence. Share... Read more »

Ripple’s market cap hits record high of $140B, flips Tether and Solana to become third most valuable crypto asset

Key Takeaways Ripple’s XRP market cap has surged to $140 billion, placing it as the third most valuable crypto asset. The token’s rise follows positive sentiments from political changes and ongoing regulatory... Read more »
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