Assessing the sustainability of AI stock surge | Entrepreneur
The stock market has surged 28% in recent months driven by AI stocks. Concerns exist about sustainability similar to past bubbles like EV stocks.
The pattern of technology stocks involves initial hype, followed by disappointment if profits are not realized, raising questions about the trajectory of AI stocks. [ more ]
Bitcoin's Stall at $52K May Foreshadow Imminent Pullback Before Higher Prices: Swissblock
Bitcoin's stalling momentum at $52,000 resistance could signal an "imminent pullback" as the recent rapid ascent is seen as unsustainable.
Despite the potential pullback, analysts still believe that the uptrend could continue and set a price target of $57,500 for the next leg higher. [ more ]
Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says
Cryptocurrency markets saw a broad-based bounce with the majority of currencies up, including Bitcoin and altcoins, following a decrease in funding rates for some. Stocks related to digital assets also surged. [ more ]
How to Know When to Pivot and When to Persevere in Your Business | Entrepreneur
Knowing when to pivot or persevere in business is crucial for success, requiring a mix of intuition, market understanding, and strategic thinking. [ more ]
Possibly the two best undervalued EV stocks to buy in 2024
EV stocks are currently struggling due to post-pandemic government overspending and raw material market instability, but the demand for clean energy indicates a potential rebound. [ more ]
Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction
Crypto markets experienced a significant downturn, with Bitcoin and various altcoins tumbling sharply, but there are bullish indicators such as the upcoming Bitcoin halving and increased institutional interest. [ more ]
Amazon y Apple son las marcas favoritas de ninos y adolescentes en Estados Unidos segun encuesta
El estudio Top Brands U18 2024 de Kids Corp revela preferencias de marcas de niños y adolescentes en EE. UU., destacando la relevancia de la tecnología y marcas como Apple, Amazon, YouTube, Nike, McDonald's y Lego. [ more ]
Why Stagwell's acquisition of Latin America agency PROS makes sense
Stagwell's acquisition of PROS in Brazil marks its entry into the Latin America market, signaling a strategic move towards expanding its presence globally. [ more ]
Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets
Cryptocurrencies tumbled as traditional market sentiment shifted, impacted by geopolitical risks, leading to significant losses in various digital assets. [ more ]
Bitcoin Buckles Below $69K as Crypto Bulls Endure $175M Liquidations
Bitcoin and ether dropped around 4%, while SOL and DOGE experienced losses of 6%-7% in the past 24 hours.
The drop in prices triggered a significant amount of leveraged long liquidations, with almost $200 million worth of positions being liquidated. [ more ]
Near Record High Funding Rate Suggests Bitcoin Pullback Not Over
Bitcoin recently hit a record high above $73,500 and retraced to $67,600, with potential for new highs indicated by positive funding rates.
High funding rates suggest dominance of long traders in the market, but historical data shows caution as similar rates in the past led to price drops. [ more ]
Bitcoin rises towards record high; SEC investigating if OpenAI investors were misled' business live
Bitcoin approaching all-time high at over $63,000 with gains driven by new Bitcoin ETFs and halving event in April.
Market anticipation of Bitcoin breaking November 2021 record of almost $69,000 fueled by institutional client inflows and strategic purchases like MicroStrategy's. [ more ]
Bitcoin Bulls Target $69K Lifetime Highs Ahead of Halving
Bitcoin is expected to surpass its lifetime high of $69,000 in March due to euphoric sentiment, institutional buying demand, and the upcoming halving event.
Halvings occur every four years, reducing block rewards to miners, and historically leading to price surges of several hundred percent in the following months. [ more ]
Bitcoin Steady Over $52K;Traders Target $55K in Short-Term
Bitcoin price remained stable around $52,000; ether gained over 5% amidst hopes for an ETH ETF. AI-related tokens surged as OpenAI's Sora launch renewed sector growth prospects. [ more ]