News
Crypto spot ETF flows diverge, a sign of investor rotation
52+ min ago (526+ words) Investors appear to be rotating where they are placing their crypto bets, but not necessarily fleeing the asset class entirely." Last month, spot bitcoin ETFs registered $206.5 million in outflows, marking their fourth straight month of redemptions. Ethereum spot ETFs saw…...
Prediction markets show Jordan catching up to Chalamet following Actor Awards
1+ hour, 49+ min ago (846+ words) The Screen Actors Guild hosted its Actor Awards on Sunday, with the film awards closely monitored ahead of the Academy Awards. The Best Supporting Actor and Actress races remain suspenseful as Sean Penn (One Battle After Another) and Amy Madigan…...
Prediction markets show Chalamet in the lead for Best Actor, but Actor Awards could shake up race
2+ day, 22+ hour ago (800+ words) The final voting period has kicked off for the 98th Academy Awards. Up until last weekend,many of the main categories seemed like a lock. While "Hamnet" star Jessie Buckley has been the predicted front-runner for the Best Actress statuette for…...
McDonald’s pivoted to value and won. Now it's taking a big, beefy gamble on the Big Arch
3+ day, 5+ hour ago (366+ words) The fast food giant's biggest-ever burger has a premium price tag in a value-driven time. Can it deliver a big bump in sales or will it be a repeat of McDonald's most famous flop? Decades later, former McDonald's Head Chef…...
Bitcoin options market signaling “smart money is still paying up for downside protection rather than chasing the pump”
3+ day, 7+ hour ago (1102+ words) Bitcoin is heading toward its worst February since 2020 and its fifth consecutive month in the red. Bitcoin is about to close its fifth consecutive month in the red, down 16.3% for the month " its worst February since 2020, according to CoinGlass, and…...
Energy drink sales are soaring — but Red Bull’s still fly the highest
3+ day, 8+ hour ago (665+ words) The Wiiings seller's rivals reported record sales this week, but none come close to the biggest name in the game. As the cost of America's go-to caffeine fix surges to new highs, consumers appear to be replacing their long-brewed coffee…...
The threat of AI disruption has dawned on the bond market
4+ day, 16+ min ago (1038+ words) 22V Research economist Peter Williams noted that medium-term rate expectations have disconnected from recent encouraging labor market data. The stock market was ready to countenance and price in the notion of full-blown AI dystopia " if only for a day. That was…...
Ethereum struggles to hold market gains
4+ day, 24+ min ago (509+ words) After rallying from $1,830 to above $2,100 on Wednesday, ethereum struggled to hold on to its gains and dipped under $2,000, a round psychological price level, on Thursday." The seesaw price action helped liquidate $146 million worth of leveraged long and short positions on…...
Bitcoin’s brief bounce doesn’t signal the bottom, analysts warn
4+ day, 1+ hour ago (935+ words) With only two days to go in February, the asset is on track to notch its fifth straight month of losses. Bitcoin almost hit $70,000 on Wednesday, but the rally was short-lived. The asset remains stuck in the $66,000 to $68,000 range, still…...
How GLP-1s elevated Hims — and brought it back down to earth
4+ day, 23+ hour ago (250+ words) Hims & Hers executives spent much of its Monday earnings report assuring investors that the company is more than knockoff weight-loss drugs, a product line that has stimulated growth in recent years but also stirred legal troubles recently. The company does…...