Nearly 700,000 BTC Now Held by Corporations

According to data provided by Bitwise, corporations now own a whopping 688,000 Bitcoins.  This represents a 16.11% quarter-over-quarter increase compared to Q4.  The total holdings of corporations now represent 3.28% of Bitcoin’s total supply, which is capped at 21 million coins.  The value of their Bitcoin holdings stood at $57 billion at the end of the…

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Pinnacle West Capital Corporati (PNW) Stock Forecasts

Advance Auto Parts Inc. (AAP) Stock Forecasts

Summary One way to make lemonade from lemons in a broad stock-market pullback is to weed out the losers from an investment portfolio, harvesting tax-loss carryforwards along the way. These losses can be used to offset future capital gains that may be generated when the stock market once again is in an uptrend. It takes…

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Strategy’s Saylor Strongly Hints at New Bitcoin Announcement

Michael Sayor, former chief executive officer at business intelligence firm MicroStrategy, has hinted that the company will announce another Bitcoin purchase on Monday.  The billionaire took to the X social media network earlier to write that there are “no tariffs on orange dots.”  The orange dots on the graph represent the company’s Bitcoin purchase.  As…

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Why a top strategist is sticking with his call for stocks to surge 22% even as the trade war roils markets

Why a top strategist is sticking with his call for stocks to surge 22% even as the trade war roils markets

Lucky-photographer/Shutterstock Craig Johnson isn’t deterred from his bullish S&P 500 call despite soaring market volatility. The Piper Sandler strategist said he still expects the S&P 500 to surge to 6,600 by year-end. “When people are vomiting up stocks, you gotta be in there cleaning it up,” Johnson said. In the aftermath of President Donald Trump’s…

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Mini Death Cross Avoided as Price Surges Above $2

XRP has effectively risen above the crucial $2 mark once more, allaying concerns about a possible mini-death cross that had been hovering over its chart. In addition to fresh optimism, the recent recovery might have avoided a significant bearish signal: the 50 EMA crossing below the 100 EMA, which is known as a mini-death cross…

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Why RLX Technology Inc. (RLX) Went Down On Friday?

Why RLX Technology Inc. (RLX) Went Down On Friday?

We recently published a list of 10 Firms Suffer Amid Optimistic Market Environment. In this article, we are going to take a look at where RLX Technology Inc. (NYSE:RLX) stands against other firms that suffer amid optimistic market environment. Wall Street’s main indices recovered losses on Friday, as investors repositioned portfolios while digesting the ongoing…

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