Behold! On July 23, U.S.-listed spot Bitcoin ETFs bled $86 million in net outflows, according to SoSoValue data. This marks the third consecutive day of losses—a sharp reversal from their glorious 12-day inflow streak earlier this week. Oh, how fortunes change! 💔
Out of the 14 analysts polled by LSEG (LNST.Y) in July, eleven advised to either buy or strongly consider purchasing Ares Capital stock. If the stock price remains below $25, I believe the wise decision would be a definitive “yes” for investing. Here are four compelling reasons that support this viewpoint.
One smart investment choice currently is Taiwan Semiconductor Manufacturing Company (TSM). This company holds a strategic position within the semiconductor manufacturing sector and boasts numerous advantages pushing in its favor. Moreover, it seems reasonably priced given its anticipated growth over the coming years, making it an attractive option for potential investors at present.
Pippen, who may or may not have had tea with Satoshi Nakamoto in a dream (what a soirée that must have been!), has offered his followers a veritable smorgasbord of speculative delights. In true showman fashion, he framed his forecasts as a poll, inviting his 729,000 loyal fans to weigh in on what they think will happen by 2026. One can almost hear him saying, “Darlings, place your bets!” 🎲
This week, the intrepid data explorers at Glassnode have ruminated on some valuation models for Ethereum. You know, just the light stuff—Realized Price, True Market Mean, and Active Realized Price. Sounds like your typical dinner discussion, right?
A beneficial factor that’s gaining momentum is the trend of businesses incorporating Ethereum into their financial reserves. SharpLink Gaming (SBET) is spearheading this movement, having acquired 74,656 Ethereum coins from July 7 to July 13, bringing their total holdings to 280,706. At the time of writing (July 21), these coins are valued at over $1 billion. Currently, SharpLink Gaming holds more Ethereum than any other organization globally, even surpassing the Ethereum Foundation’s holdings.
He speaks of “faster and cheaper” transactions. Faster, perhaps, than a snail mail letter from Siberia, but cheaper… one suspects the cost is merely shifted, not truly diminished. A new layer of abstraction, a new set of hands reaching for their share. 💸 It benefits us all, he assures us, with the same sincerity one might expect from a man selling indulgences. And his pronouncements to Bloomberg… how predictable! A stage perfectly crafted for such announcements.
In essence, historical trends suggest that the stock market is poised for a rise, with many Wall Street analysts recommending buying shares in The Trade Desk (TTD) and Pure Storage (PSTG).
By July 18th, Nvidia shares and the digital currency Bitcoin (BTC) have seen almost identical increases in value for the entire year. The dramatic increase of Bitcoin has driven its price up close to $120,000 per coin, a new record high.
Although Roku investors have become slightly more hopeful compared to their lowest point, the stock continues to be traded over 80% lower than its peak record value.