Author: Anthony M. Orbison

Spot Ethereum exchange-traded funds broke a crucial record as their inflows continued rising. Ethereum (ETH) ETFs have had inflows in the last 16 consecutive days, breaking a personal record. The net inflow on Friday, Dec. 14 stood at over $23.6 million, bringing the total amount since inception to over $2.26 billion. According to SoSoValue, all spot Ethereum ETFs hold over $13.7 billion in assets. The Grayscale Ethereum ETF is still the biggest with over $5.6 billion. It is followed by iShares Ethereum Trust ETF, Fidelity Ethereum Fund, Bitwise Ethereum ETF, VanEck Ethereum ETF, and Franklin Ethereum ETF.  One reason for…

“Don’t judge a book by its cover” is an old saying that should be heeded when considering high-yield dividend stocks. A great example is the nearly 15% yield on offer from AGNC Investment (NASDAQ: AGNC). It is, in fact, too good to be true if you need a reliable income stream. Most investors would probably be better off with Realty Income (NYSE: O) and its 5.6% yield. There is nothing inherently wrong with AGNC Investment. The mortgage real estate investment trust (REIT) has done a fairly respectable job of generating total returns for its shareholders over time. But investing for…

(Reuters) -The U.S. Treasury has informed Japan’s Nippon Steel that the panel reviewing its proposed $14.9 billion purchase of U.S. Steel has not yet come to an agreement on how to address security concerns, the Financial Times reported on Sunday. Treasury, which leads the Committee on Foreign Investment in the U.S. (CFIUS), wrote to both companies on Saturday saying the nine agencies on the panel were struggling to reach a consensus ahead of the deadline to submit a recommendation to President Joe Biden, the report added, citing several sources familiar with the talks. CFIUS, a powerful committee charged with reviewing…

Este artículo también está disponible en español. As speculation swirls around the future trajectory of Bitcoin (BTC) and the broader cryptocurrency market, asset management firm VanEck has released a set of predictions that bolster optimism for continued upward momentum.  VanEck Forecasts Bitcoin Soaring To $180,000 VanEck predicts that the crypto bull market will reach a “medium-term peak” in the first quarter of 2025, followed by new all-time highs by the year’s end. The firm estimates Bitcoin could soar to approximately $180,000, while Ethereum (ETH) may exceed $6,000, Solana (SOL) could surpass $500, and Sui (SUI) might reach over $10. The…

Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe US Treasury has told Nippon Steel that the panel vetting its proposed acquisition of US Steel has not reached consensus on how to mitigate security risks, raising the odds that President Joe Biden will block the $15bn deal.Treasury, which chairs the Committee on Foreign Investment in the US, wrote to Nippon Steel and US Steel on Saturday to explain that the nine agencies on the Cfius panel were struggling to reach agreement ahead of a December 23 deadline to…

On the 44th anniversary of its initial public offering (IPO), Apple  (AAPL)  has plenty to celebrate. The tech sector leader has enjoyed a year of fairly steady growth, with shares rising 25%. Don’t miss the move: SIGN UP for TheStreet’s FREE daily newsletterThis week also brought a key product update as Apple released a software update that features an integration between Siri and ChatGPT, a long-awaited advancement for artificial intelligence (AI).Over the past few months, the release of Apple Intelligence through the iOS 18.1 update has kept Apple in full focus as consumers adjust to the new AI capabilities now available…

Este artículo también está disponible en español. With the XRP price set to make its next move, crypto analyst Dark Defender has revealed the next major support and resistance levels for the crypto. The analyst also suggested that XRP’s next move could happen sooner than expected.  Next Major Support And Resistance Levels For The XRP Price In an X post, Dark Defender mentioned $2.42, $2.52, $2.71, and $5.85 as the next major support levels for the XRP price. Meanwhile, the crypto analyst highlighted $2.29, $2.24, $2.10, and $2.02 as the next major support levels for XRP. The analyst made these…

The U.S. stock market posted a stellar performance in 2024, with the benchmark S&P 500 index reaching an all-time high closing value of 6,090.27 on Dec. 6. But things may turn even better in 2025. According to Charles Schwab, based on 14 interest rate cycles since 1929, the S&P 500 index has posted positive returns 12 months from the first rate cut in the cycle 86% of the time. The benchmark index posted negative returns after rate cuts in 2001 and 2007, attributed mainly to the recessionary environment. In September 2024, the Federal Reserve commenced the ongoing rate cut cycle by…

(Reuters) – Boston-based regional banks Berkshire Hills (NYSE:) Bancorp and Brookline Bancorp (NASDAQ:) are in merger talks, the Wall Street Journal reported on Saturday, citing people familiar with the matter. The deal would merge the two banks, which each has about $12 billion in assets, and could be announced as soon as next week, according to WSJ. Brookline has a market cap of $1.12 billion, and Berkshire Hills has a market cap of $1.3 billion, according to LSEG data as of Friday. Berkshire Hills and Brookline did not immediately respond to a request for comment on the merger. Source link

$11.5 trillion asset manager BlackRock has recently said that up to 2% allocation in Bitcoin is a “reasonable range” for multi-asset portfolios. Indeed, the largest asset manager on the planet has noted that the leading cryptocurrency has a growing place in modern investment, according to a Bloomberg report.BlackRock currently runs the latest Spot Bitcoin ETF on the planet. Launched in January, it quickly rose to prominence, with data showing more than $6 billion in new investments has entered the crypto-based investment vehicle this week alone. BlackRock’s iShares Bitcoin Trust (IBIT) has dominated those products, recently surpassing 500,000 BTC.JUST IN: BlackRock…