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Over 50% of Americans sell gold or stocks to buy Bitcoin

Most people who read about cryptocurrencies know that Bitcoin, due to its characteristics, is often referred to as ‘digital gold.’ A new study reveals that more and more people in the U.S. prefer Bitcoin to gold. The GameFi platform ChainPlay conducted a joint survey with Storible. In their study, they asked 1,428 Americans about cryptocurrencies … Read more

US stocks post best week since Donald Trump’s election win

Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. US stocks notched up their best week since Donald Trump’s election victory, boosted by strong bank earnings and softening underlying inflation data, which raised the chances of further interest rate cuts this year. The blue-chip … Read more

Over 50% of Americans sold gold and stocks to buy Bitcoin, survey shows

More than two-thirds of Americans now own cryptocurrency, ChainPlay and Storible’s survey reveals. A new survey from ChainPlay and Storible reveals that nearly 70% of Americans now own crypto, marking a big step for digital assets in the U.S. The survey, which included 1,428 participants, shows crypto is becoming a go-to investment for people of … Read more

Wall Street stocks post biggest rally since Donald Trump’s election victory

Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US stocks roared to their best day since Donald Trump’s election win after data showed underlying price pressures in the world’s largest economy eased and Wall Street banks posted strong quarterly results. The S&P 500 … Read more

Fund manager reveals what needs to change for her to invest in luxury stocks

A slump in Chinese consumer confidence is holding Sanlam investments’ Hannah Gooch-Peters back from buying luxury stocks like LVMH. Speaking to CNBC’s Silvia Amaro, the portfolio manager said she would need a “larger margin of safety” before investing in the world’s largest luxury group. “A lot of these European companies were really deriving their growth … Read more

MicroStrategy Stocks Set to Surge Another $100, Analysts Say

Wall Street sees a potential 20% upside in MicroStrategy stock, citing its crypto-driven strategy. As reported by Seek Alpha on Jan. 13, Brett Knoblauch, who is the Head of Crypto and Digital Assets Research at Cantor Fitzgerald, said that he believes the MicroStrategy (MSTR) stocks would reach $613. Currently, the average price of MSTR on … Read more

Quantum computing stocks sell-off accelerates after Zuckerberg comments

Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Quantum computing stocks sold off Monday after Meta Platforms CEO Mark Zuckerberg cautioned that uses for computers with these capabilities remain years away. “I’m … Read more

Top Wall Street analysts like the growth opportunities for these three stocks

An Uber rideshare sign is posted nearby as taxis wait to pick up passengers at Los Angeles International Airport (LAX) on February 8, 2023 in Los Angeles, California. Mario Tama | Getty Images The new year has only just started, but macro uncertainty is already hanging over investors, with Federal Reserve officials raising concerns over … Read more

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