Category: News

Nasdaq 100 Rallies To Record Highs, Magnificent 7 Market Cap Tops $17 Trillion, Bitcoin Soars To $100,000: What’s Driving Markets Wednesday?

An inline November inflation report unleashed a surge of bullish momentum across markets on Wednesday. Traders priced in near-certainty of a 25-basis-point rate cut at next week’s Federal Reserve meeting, fueling optimism for a more accommodating monetary policy. The Consumer Price Index rose by 2.7% year-over-year in November, matching...
Read More

‘Dogecoin Is Back’ With A 10% Single-Day Rally: How High Can DOGE Go?

Dogecoin (CRYPTO: DOGE) is making waves again, with a notable 10% rally over the past 24 hours spurring bullish predictions on social media. What Happened: Crypto trader Scofield declared Dogecoin “is back” and stronger than before. $DOGE Is back Stronger than before🚀 pic.twitter.com/99m2ypMu8Y — Scofield (@Crypto_Scofield) December 11, 2024...
Read More

Trump Admin’s Crypto Push Revives Industry Hopes For Banking Access

The cryptocurrency sector is pushing for a reset with the banking industry following years of strained relations and regulatory crackdowns. What Happened: The collapse of key industry players like FTX in 2022 and subsequent bank account closures left many crypto companies and founders struggling to secure financial partnerships. However,...
Read More

‘Consumers Expect Immediate And Efficient Transactions’: Tokenization Gains Momentum

Integrating real-world assets into blockchain systems opens new possibilities in the digital asset space. At the recent Benzinga Future of Digital Assets event, panelists explored the intersection of traditional finance and blockchain, highlighting how tokenization creates opportunities for financial innovation and accessibility. Bridging the Old and New Panelist Robert...
Read More

$SHIRO: Why the Original Might Be the Real Winner

The cryptocurrency world is no stranger to rivalries, and the battle between the two $SHIRO tokens is a prime example of how competition can shape the narrative of a meme token. On one side is @CTOShiroNeko, also known as the “OG Shiro,” which claims to be the first $SHIRO...
Read More

What Does Fair Value Accounting Mean For Bitcoin In Corporate Strategy?

At the Benzinga Future of Digital Assets conference, experts discussed the far-reaching impact of recent and potential regulatory changes on digital asset markets. The conversation centered on how these developments could accelerate institutional adoption, with key insights into the repeal of SAB 121 and the effects of updated accounting...
Read More

Bitcoin’s Next Move: $105,000 Or $85,000? Poll Finds Over 60% Say…

The price of Bitcoin (CRYPTO: BTC) has soared in 2024 thanks to several catalysts including Bitcoin ETFs, more companies acquiring the cryptocurrency and expectations for a more pro-crypto White House administration with Donald Trump winning the 2024 presidential election. As Bitcoin dips below the $100,000 level, Benzinga readers predict...
Read More