In a recent interview on the “Making Money with Matt McCall” podcast, Matt Hougan, the Chief Investment Officer of Bitwise Investments, offered his insights on the cryptocurrency market and the assets that investors should consider. Hougan emphasized the importance of having both Bitcoin (BTC) and Ethereum (ETH) in a portfolio, pointing out that Bitcoin is “still a very critical crypto […]

Cryptocurrencies declined a little less than a percent in the past 24 hours after a forceful rally on Thursday post the FOMC outcome. Fed’s dovish hints had lifted cryptocurrencies to a multi-month high. Anxiety ahead of the jobs data due for release on Friday impacted sentiment in the digital assets market. Economists expect the additions to non-farm payroll in the […]

On Friday (3 August 2023), highly popular New Zealand-based crypto analyst Lark Davis declared his year-end price target for Bitcoin ($BTC). According to data from TradingView, in the year-to-date (YTD) period, the Bitcoin price has gone from $16,615 to $23,502, which is a gain of 41.45% (vs USD). Earlier today, Davis told his one million Twitter followers that although he […]

Shares of apparel maker Canada Goose Holdings Inc. (GOOS) are falling more than 14% Thursday morning after reporting lower profit in the third quarter. The company also reduced its full-year outlook. Profit for the third quarter decreased to C$134.9 million or C$1.28 per share from C$151.3 million or C$1.40 per share last year. Excluding one-time items, earnings were $1.27 per […]

Shares of software intelligence company Dynatrace, Inc. (DT) are rising more than 12% Wednesday morning after reporting better-than-expected results in the third quarter. The company’s fourth quarter outlook also came in above analysts’ view. Profit in the third quarter was $15.03 million or $0.05 per share compared with $14.59 million or $0.05 per share a year ago. Excluding one-time items, […]

Shares of homebuilding company PulteGroup, Inc. (PHM) are rising more than 7% Tuesday morning after reporting upbeat fourth-quarter results. The company reported net income of $882.23 million, or $3.85 per share, higher than $663.26 million or $2.61 per share in the same quarter a year ago. Excluding one-time items, earnings were $832 million, or $3.63 per share, that beat the […]

Shares of Eastern Bankshares, Inc. (EBC) are falling more than 11% Friday morning after the company’s fourth-quarter earnings missed analysts’ view. Net income for the fourth quarter of 2022 was $42.3 million, or $0.26 per diluted share compared with $35.1 million or $0.20 per share a year ago. Operating earnings per share was $0.31 per share, that missed te average […]

Nayib Bukele, the president of El Salvador, has taken a swipe at critics for their smear campaigns particularly aimed at discrediting his country’s ability to meet its debt obligations after its Bitcoin stash value fell in the red. In a thread of tweets Tuesday, the bitcoin bull condemned the so-called big media, financial analysts and the risk rating agencies for […]

A recent fourth-quarter (2022) fillings by the global EV manufacturing brand, Tesla, revealed that the company sold none of its estimated 10,725 Bitcoins throughout the last quarter of 2022. The Securities and Exchange Commission (SEC) filing report released yesterday, January 25th, showed that Tesla had held on to its Bitcoin over the last six months despite prolonged market crashes from […]