PM Images Enbridge Inc. (NYSE:ENB) hasn’t had the best start to 2024 as its shares have declined by -6.62%. Shares of ENB have been in a perpetual decline as they have shed -9.36% of their value over the past five years, and -29.08% over the last decade. ENB reached $46.81 on May 30, 2022, and…
While to the greater Bitcoin culture, Bitcoin halvings are seen as a celebratory event, for miners, things tend to be a tad stressful. As Bitcoiners around the world gather to celebrate block 840,000, miners are hunkering down and preparing for their reward for mining blocks to decrease by 50%, while the cost of their operations…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. With Bitcoin’s next halving set to take place this month, miners are using record profits to…
2d illustrations and photos Four IPOs priced this past week, joined by one SPAC. After upping its terms at the start of the week, chipmaker Astera Labs (ALAB) priced above the raised range to raise $713 million at a $6.3 billion market cap. Astera offers its Intelligent Connectivity Platform, which comprises semiconductor-based connectivity products and…
Bitcoin surged past the $61,000 mark today, edging closer to a new all-time high as spot Bitcoin ETF inflows and investor enthusiasm continues to drive up prices. The milestone comes amid increasing interest in the Bitcoin market and growing adoption by institutional investors. JUST IN: $61,000 #Bitcoin 💥🚀 pic.twitter.com/gMLqQ7inTf — Bitcoin Magazine (@BitcoinMagazine) February 28,…
If you want to remove custodial risk from your bitcoin holdings, you must take self-custody. Bitcoin custody is determined by whoever has the keys to control the bitcoin—if you aren’t holding the keys to your bitcoin, then someone else is. As the saying goes, not your keys, not your coins. Once someone decides that they…
Tanankorn Pilong/iStock via Getty Images By Erin Bigley, CFA, Chief Responsibility Officer; Kent Hargis, PhD, Chief Investment Officer – Strategic Core Equities, Portfolio Manager – Global Low Carbon Strategy; and David Wheeler, CFA, Portfolio Manager – Sustainable Climate Solutions, Senior Research Analyst – Sustainable Thematic Equities Transcript Erin Bigley: There are several different ways you…
Several companies are anticipating the changes expected from the Bitcoin halving next year and have pumped in more mining investments. The Bitcoin mining industry has consistently picked up steam over the last few months. According to a report from Bitcoin mining consultancy and PR firm BlocksBridge Consulting, Bitcoin miner investment commitments have crossed $1.2 billion…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. With President Nayib Bukele’s re-election date less than three months away, Bitcoin is seeing continued increases…
PM Images While the S&P 500 (SP500) and Nasdaq (NDAQ) are up 13.17% and 29.48%, respectively on a YTD basis, the rally has been fueled by big tech. Many sectors have been crushed in 2023 as the following ETFs are all the red, Utilities Select Sector SPDR® Fund ETF (XLU) -15.89%, Financial Select Sector SPDR®…
CopterAnansak/iStock via Getty Images This article delves into the substantial financial advancements and long-term technical trajectories of T. Rowe Price Group, Inc. (NASDAQ:TROW). The article explores the economic growth of TROW in the second quarter of 2023, marked by an increment in assets under management (AUM) despite experiencing net client outflows. The future perspective for…
asbe Due to the high degree of operating leverage of silver miners, the ETFMG Prime Junior Silver Miners ETF (NYSEARCA:SILJ) has a strong history of outperforming during silver bull markets, and the stark underperformance over the past year creates a potential opportunity. However, the SILJ also has a long track record of underperforming silver prices…