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BTCUSD

Max Keiser, a Bitcoin advocate, compared buying Bitcoin at its current price to purchasing Berkshire Hathaway shares when they were at $1,500, suggesting a potential for significant growth. He forecasted a possible 41,828% increase in Bitcoin's value, which would elevate its market cap to over $454 trillion. This comes alongside his warning of an impending market crash, where Bitcoin would emerge as a safe haven.

Portfolio Pulse from Mehab Qureshi

February 26, 2024 | 10:21 am

AA

Alcoa announces an all-stock acquisition of Alumina Limited for approximately $2.2 billion, aiming to strengthen its global leadership in bauxite and alumina production. This transaction is expected to provide significant long-term value to both companies' shareholders by enhancing operational flexibility and creating a stronger, more diversified portfolio. Alumina Limited's largest shareholder, Allan Gray Australia, has agreed to allow Alcoa to acquire up to 19.9% of its issued share capital. An investor conference call is scheduled to discuss the acquisition.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 8:08 am

BTCUSD

Andrew Tate, a controversial influencer facing legal charges, stated on the Rob Moore podcast that he will never launch a cryptocurrency, criticizing crypto trading as akin to gambling and not beneficial to society. Despite claiming to have made $60-70 million through crypto investments, Tate expressed a moral stance against launching his own crypto or investing in NFTs, aiming not to enrich 'dorks' involved in the crypto space. He also criticized the identity culture around cryptocurrency gains. Meanwhile, BTC was reported to be trading at $51,521, up 0.46%.

Portfolio Pulse from Mehab Qureshi

February 26, 2024 | 7:35 am

KOS

Kosmos Energy forecasts a 2024 production range of 71,000 to 77,000 barrels of oil equivalent (boe) per day, with capital expenditures projected between $700M and $750M. The company also anticipates Q1 production to be between 65,000 and 68,000 boe per day. Operational expenses, depreciation, depletion & amortization (DD&A), general & administrative expenses (G&A), exploration expenses, net interest expense, and taxes are detailed for both Q1 and the full year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 7:08 am

GS

Goldman Sachs Group Inc (NYSE:GS) has entered into a $1 billion private credit deal with Abu Dhabi's Mubadala Investment Co. to expand its private credit business in the Asia-Pacific region, focusing on India. This move is part of Goldman's strategy to grow its presence in the alternative investment space and capitalize on the surging interest in the Asia-Pacific market. The deal follows a trend of increasing private credit collaborations in the Middle East, with Barclays and Mubadala engaging in similar partnerships.

Portfolio Pulse from Benzinga Neuro

February 26, 2024 | 6:35 am

SHIBUSD

A 'whale' transferred 421.6 billion Shiba Inu (SHIB) tokens, resulting in a $6M+ loss. The transaction involved depositing 311.6 billion SHIB to Binance and selling 110 billion SHIB on a DEX. Despite the large sale, SHIB's price remained stable, showing only slight fluctuations.

Portfolio Pulse from Mehab Qureshi

February 26, 2024 | 6:26 am

BTCUSD

'Rich Dad Poor Dad' author Robert Kiyosaki expressed concerns over the worsening banking crisis and the potential for central banks to push for Central Bank Digital Currencies (CBDCs) for surveillance. He advocates buying more Bitcoin and silver coins, viewing them as safeguards against these developments. Kiyosaki also mentioned his strategy for dealing with a potential Bitcoin market crash, which involves waiting for the market to stabilize before purchasing more. He believes market crashes present buying opportunities. Kiyosaki has previously predicted Bitcoin could reach $100,000 by June 2024, citing high national debt and demand for U.S. bonds as factors.

Portfolio Pulse from Mehab Qureshi

February 26, 2024 | 4:02 am

FBTC

GBTC

IBIT

Cryptocurrencies showed mixed performance with Bitcoin near $52,000 after a two-week rally. Grayscale Bitcoin Trust (GBTC) saw its lowest outflows since January, while BlackRock's IBIT and Fidelity's FBTC reported significant inflows. Ethereum surpassed $3,000, indicating a potential upswing for altcoins. Analysts are divided on Bitcoin's short-term direction, with some predicting a correction post-halving. The global cryptocurrency market cap decreased by 2.19%.

Portfolio Pulse from Mehab Qureshi

February 26, 2024 | 3:15 am

BTC

ETH

NVDA

Ivan from Mad Crypto Money discusses the potential of gaming as the next big retail-driven bubble in crypto, citing crypto VC Andrew Kang's views. He also touches on the challenges of timing market cycles in crypto, the simplicity of investing strategies like DCA, and the emerging 'superbubble' of crypto and AI, highlighting Nvidia's role. Ivan suggests that the real opportunity lies in AI and crypto integration, advising readers to stay informed on new developments.

Portfolio Pulse from Ivan Crnogatić

February 25, 2024 | 11:19 pm

BRK

BTCUSD

Berkshire Hathaway's Q4 earnings report revealed a cash reserve of over $167 billion. Anthony Scaramucci speculated on X (formerly Twitter) about the possibility of Warren Buffett investing in Bitcoin as a cash hedge, despite Buffett's historical skepticism towards cryptocurrencies. Buffett has previously criticized Bitcoin as a 'gambling token' without intrinsic value. Bitcoin's value has surged, breaking above $50,000 for the first time in two years.

Portfolio Pulse from Shanthi Rexaline

February 25, 2024 | 10:32 pm