Streetbeat News

BTCUSD

Bitcoin / US Dollar

Industry

Digital Currency

Bitcoin is an innovative payment network and a new kind of money. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

The Shiba Inu burn rate has surged by 14,500%, but the market is reportedly heavily manipulated, with even Elon Musk unable to influence Dogecoin. In US markets, TransDigm, BJ’s Wholesale, and AbbVie were highlighted on CNBC's 'Final Trades'. Wall Street shows optimism ahead of retail sales data and the Fed decision, with tech stocks recovering.

Portfolio Pulse from Akanksha Bakshi

September 17, 2024 | 2:47 pm

DBS Bank, Singapore's largest bank, has launched over-the-counter cryptocurrency options trading and structured notes for Bitcoin and Ethereum, targeting institutional investors. This move aligns with the growing interest in digital assets and aims to provide institutional-grade access to the digital asset ecosystem.

Portfolio Pulse from Murtuza Merchant

September 17, 2024 | 2:41 pm

CleanSpark Inc (NASDAQ:CLSK) shares rose after the company announced the acquisition of two new Bitcoin mining sites in Mississippi and the closure of a site in Wyoming. The acquisitions are expected to significantly increase CleanSpark's operational capacity and support its future growth targets.

Portfolio Pulse from Adam Eckert

September 17, 2024 | 2:36 pm

Microsoft announced a $60B stock buyback, a 10% dividend increase, and new AI features in Office 365. Amazon is requiring workers to return to the office. Retail sales data does not support a 50 bps rate cut. Positive money flows are seen in major tech stocks and ETFs. Trump's crypto project details are boosting Bitcoin.

Portfolio Pulse from The Arora Report

September 17, 2024 | 2:27 pm

Donald Trump credits his sons for introducing him to cryptocurrencies, highlighting the success of his NFT collections as a key factor in his growing interest. Despite initial skepticism, Trump's experience with NFTs and crypto payments has shifted his view, emphasizing the importance of the U.S. leading in the crypto space. His new DeFi platform, World Liberty Financial, aims to promote dollar-pegged stablecoins.

Portfolio Pulse from Murtuza Merchant

September 17, 2024 | 2:15 pm

MicroStrategy Inc (NASDAQ:MSTR) has significantly increased its Bitcoin holdings, now valued at $9.45 billion, by purchasing $1.11 billion worth of Bitcoin recently. The company's stock has surged due to its Bitcoin strategy, but technical indicators suggest potential short-term weakness. Despite long-term bullishness, investors should be cautious of a possible pullback.

Portfolio Pulse from Surbhi Jain

September 17, 2024 | 1:24 pm

A trader named BasedBoi has placed a $200,000 bet on the Federal Reserve keeping interest rates unchanged at the upcoming meeting, despite market expectations of a rate cut. This bet contrasts with the CME Fedwatch tool's 100% probability of a rate cut. The decision has significant implications for the broader market, including digital assets like Bitcoin and Ethereum.

Portfolio Pulse from Murtuza Merchant

September 17, 2024 | 12:21 pm

U.S. stocks are set for a positive start as traders anticipate the August retail sales report and a potential Fed rate cut. Tech stocks, including Intel and Microsoft, are gaining attention. Analysts expect a 25 basis-point rate cut, with labor and growth data being crucial for future market movements.

Portfolio Pulse from Shanthi Rexaline

September 17, 2024 | 11:02 am

Economist Peter Schiff warns that upcoming Federal Reserve rate cuts may not lower borrowing costs and predicts rising mortgage rates and a potential dollar collapse. Schiff suggests a 100 basis points rate hike as a solution. The Federal Open Market Committee is set to meet on September 18, with debates on the size of the anticipated rate cut.

Portfolio Pulse from Benzinga Neuro

September 17, 2024 | 3:50 am

Former President Donald Trump has launched a new cryptocurrency venture, World Liberty Financial, to promote stablecoin adoption. The platform will introduce a new cryptocurrency, $WLFI, with a significant token sale planned. Despite past criticism of crypto, Trump has shifted to support digital currencies.

Portfolio Pulse from Benzinga Neuro

September 17, 2024 | 3:10 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.