Robinhood CFO Believes That Bitcoin ETFs Have Not Disrupted Direct Trading

Robinhood CFO Believes That Bitcoin ETFs Have Not Disrupted Direct Trading

[ad_1] Bitcoin ETFs are now the trending topic in the crypto market, attracting a large volume of liquidity. While some believe that it may disrupt direct BTC trading, Robinhood CFO Jason Warnick thinks it wouldn’t.  In a recent report by the firm, Warnick shared his belief that direct Bitcoin trading remains more popular than ETFs. The CEO … Read more

BlackRock And Fidelity Bitcoin ETFs Record The Biggest Debut On ETF Market In 30 Years

BlackRock And Fidelity Bitcoin ETFs Record The Biggest Debut On ETF Market In 30 Years

[ad_1] Activities within the ETF market scaled higher following the SEC’s recent approval of spot Bitcoin ETFs. The US Securities and Exchange Commission (SEC) approved 11 spot BTC ETF applications on January 10, 2024. Among all existing players in the ETF market, BlackRock and Fidelity’s spot BTC ETFs took the lead in performance scale. The two … Read more

Pinterest Struggles with Weak Q1 Forecast Amid Heated Competition for Ad Dollars

Pinterest Struggles with Weak Q1 Forecast Amid Heated Competition for Ad Dollars

[ad_1] Pinterest released a disappointing forecast for first-quarter revenue on Thursday that fell mainly below Wall Street expectations. This signals the intense competition Pinterest faces from more prominent social media players as the digital advertising market stabilizes after a rocky 2022. The San Francisco-based visual discovery platform saw its shares drop over 9% in extended … Read more

Experts Envision Broader Financial Risks Following US Bitcoin ETFs Launch

Experts Envision Broader Financial Risks Following US Bitcoin ETFs Launch

[ad_1] There is a suspicion that the recently approved Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will be risky to the broader financial system. This move has become the topic of discussion amongst experts who are concerned about the future of the financial sector. The U.S. SEC reportedly approved 11 … Read more

Wall Street Analyst Forecasts New IPO Valuation Record of $500 Billion for XRP at $3.84 ATH

Wall Street Analyst Forecasts New IPO Valuation Record of $500 Billion for XRP at $3.84 ATH

[ad_1] Wall Street Analyst Linda Jones believes that Ripple might set an unmatched IPO valuation if XRP returns to its all-time high of $3.84. However, Jones’s predictions rest on different imaginary scenarios. The main factor is the ongoing legal battle between Ripple and the SEC.  Jones believes a favorable resolution could push XRP above its ATH … Read more

Elon Musk Desires 25% Voting Control at Tesla to Meet AI Goal

Elon Musk Desires 25% Voting Control at Tesla to Meet AI Goal

[ad_1] On January 15, Elon Musk, Tesla’s CEO, expressed his discomfort with the idea of expanding the company’s leadership in artificial intelligence and robotics without securing at least a 25% voting control, a nearly twofold increase from his current ownership. Through a post on the social media platform X, Musk emphasized the importance of having … Read more