Recent analysis from on-chain analytics firm IntoTheBlock suggests that Bitcoin’s historical cycles point towards a significant rally potentially occurring in 2025. The average duration between Bitcoin’s halving events and the subsequent peak has been approximately 480 days. This pattern indicates that the next peak could be expected in the summer of 2025. Bitcoin’s Halving Events
As the summer holidays come to an end, investors in China are facing a challenging outlook as consumption and growth are expected to remain sluggish for a while. This sentiment was echoed by JPMorgan, which recently downgraded its opinion on Chinese stocks to neutral from overweight due to the tough economic conditions. The team at
Investors looking for promising stock picks in the current economic climate can turn to the recommendations of leading Wall Street analysts. One such pick is Planet Fitness (PLNT), a well-known franchisor and operator of over 2,600 fitness centers. Despite the initial turbulence in September, the company reported impressive second-quarter results and maintained its full-year guidance.
It’s no secret that corporate governance can sometimes be a murky environment where decisions are made that may not always benefit shareholders. In the case of Ionic Digital, concerns have been raised about potential misconduct by the Board of Directors. Specifically, Figure Markets and shareholder Veton Vejseli have requested access to company records in order
Veteran commodities trader Peter Brandt, who has been in the industry since the 1970s, recently shared a pessimistic view on the current state of Bitcoin. In response to the digital currency’s near 6% decline in the last 24 hours, Brandt pointed out that Bitcoin had dropped from $56,500 to $53,200, reaching a low not seen
In the midst of the recent downtrend in the price of Bitcoin, Michael Saylor, the co-founder and chairman of MicroStrategy, has made a bold statement that has caught the attention of the crypto community. He took to Twitter to assert, “You do not sell your Bitcoin.” This message comes at a critical moment when some
The popularity of pickleball has skyrocketed in recent years, with more and more people getting involved in this fast-paced sport. Life Time Group Holdings, an upscale fitness and lifestyle company, has emerged as a major beneficiary of this trend. According to Bank of America analyst Alexander Perry, Life Time is poised to capitalize on the
The automotive industry is making a comeback in advertising during the National Football League (NFL) season after a period of decline. Automakers such as Toyota Motor Corporation, Hyundai Motor Company, and the Detroit automakers are seizing the opportunity to leverage the NFL and its games as primary advertising platforms. Toyota, in particular, is making waves
In the beginning of September, chip stocks faced a significant downturn, marking their worst stretch in over four years. This decline was largely driven by the loss of momentum in artificial intelligence frontrunner Nvidia and growing concerns over U.S. economic growth. The VanEck Semiconductor ETF (SMH) plummeted by 11.7% in a Labor Day-shortened, four-day trading
Boeing’s Starliner spacecraft finally undocked from the International Space Station after being delayed for months, missing its original departure schedule. Despite delivering two astronauts to orbit in early June, NASA test pilots Butch Wilmore and Suni Williams remained on the ISS, extending their stay until February. The undocking process of Starliner worked differently than it