Category: Markets
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XRP Surges 5% As ETF Inflows Hit $17M: What’s Going On?
in MarketsXRP (CRYPTO: XRP) is up 5% on the day and 7.5% over the past week as spot ETFs recorded $17.11 million in net inflows on April 15, the highest single-day figure in almost two months. The ETF Surge ETF demand began picking up on April 14 with $11.20 million in inflows, forming the strongest two-day…
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Tom Lee Says $60 Billion Iran War-Led Defense Boost Is Absorbing $12 Billion Gas Price Hit: ‘Sounds Counterintuitive But…’
in MarketsTom Lee, the head of research at Fundstrat, said that the ongoing war and increased defense spending are playing a significant role in the economy’s resilience and the continued rise of stocks. Speaking to CNBC host Brian Sullivan at the show ‘Power Lunch’ on Monday, Lee stated that the war is “actually quite stimulative to…
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Sam Altman Wants To Talk—Six Takeaways From His Bold Proposal On AI, Wealth Distribution, Governance
in MarketsSam Altman, CEO of OpenAI, released a 13-page document on Monday comparing the shift towards superintelligence to past major technological transitions like electricity or the combustion engine. It is a comprehensive proposal on how governments should tax, regulate, and redistribute wealth from AI technology. Six major insights from Altman’s plan: 1-Shared Benefits Altman advocates for a proactive…
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Trump’s Shocking 1987 Take On Iran Oil Resurfaces As Ongoing War Escalates— ‘Grab It And Keep It’
in MarketsPresident Donald Trump has brought a decades-old interview back into the limelight, where he proposed that the U.S. should take control of Iranian oil facilities if attacked. Trump, on Monday, took to his Truth Social to share a snippet from a 1987 interview he had with the late Barbara Walters. The original interview, aired on…
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Africa May Be The Most Underrated Crypto Market In 2026
in MarketsAfrica is quickly becoming one of the most interesting emerging markets in the world of crypto, though it is still largely untapped by institutional investors. While markets in North America and Europe are becoming increasingly developed, African markets are growing in real-world use cases. According to Chainalysis, the total value of on-chain activity within the…
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Forget $5 Trillion, Dan Ives Thinks Nvidia Is $6 Trillion Company In Making
in MarketsDespite recent stock market “digestion,” Wedbush Securities analyst Dan Ives remains ultra-bullish on Nvidia Corp. (NASDAQ:NVDA), projecting the chipmaker will hit a $6 trillion market capitalization by 2027 as the artificial intelligence (AI)revolution enters its next aggressive phase. The ‘Godfather’ Of AI Revolution In a recent interview with CNBC International, following Nvidia’s GTC event, Ives…
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Tesla Rival BYD’s Hong Kong Shares Surge Amid Overseas Sales Boost: Report
in MarketsHong Kong-listed shares of BYD Co. Ltd. (OTC:BYDDF) (OTC:BYDDY) surged following a reported overseas sales boost in South America. The automaker’s shares listed on the Hong Kong stock exchange surged 8.3%, the most in more than a year, after reports emerged that the automaker’s facility in Brazil received an order of 100,000 units from Mexico…
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American Airlines Group Unusual Options Activity For March 06
in MarketsInvestors with a lot of money to spend have taken a bearish stance on American Airlines Group (NASDAQ:AAL). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don’t know. But…
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There Is No Bitcoin Conspiracy, Bitwise’s Matt Hougan Says: ‘Reality Is More Boring’
in MarketsBitwise Chief Investment Officer Matt Hougan dismissed conspiracy theories blaming Jane Street and others for Bitcoin’s (CRYPTO: BTC) decline, arguing “a bunch of people who were long Bitcoin sold their Bitcoin exposure” as BTC consolidates between key Fibonacci levels. The Boring Reality Hougan on X pushed back against escalating conspiracy theories targeting different firms each…
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‘Bitcoin Is A Bet On Trump’s Success, Gold A Bet On America’s Failure,’ Strategist Claims
in MarketsWellington-Altus Chief Market Strategist James Thorne argues buying Bitcoin (CRYPTO: BTC) means betting Trump’s economic reforms succeed, while buying gold is betting America fails—framing the two assets as opposing verdicts on the country’s future. The Two-America Thesis Thorne argued on X gold no longer functions as a simple inflation hedge. Rising gold demand reflects growing…