Core Scientific, Inc. (NASDAQ:CORZ) Sees Stake Boosted by Arizona State Retirement System
Arizona State Retirement System acquires 17,797 shares of Core Scientific Inc. (NASDAQ:CORZ), a leading cloud computing and data center infrastructure company.
Arizona State Retirement System acquires 17,797 shares of Core Scientific Inc. (NASDAQ:CORZ), a leading cloud computing and data center infrastructure company.
Crypto analyst says XRP will "massively outperform" Ethereum, citing its faster transaction times and lower fees. However, this prediction comes with a caveat: XRP's growth is dependent on its adoption by institutional investors and its integration into existing financial systems.
Bitcoin whales are accumulating large amounts of BTC, scooping up 26,430 coins in recent days. This buying surge is seen as a sign of increased confidence ahead of the $100,000 price milestone, as investors wait for the market to reach new heights.
MT Bank Corp acquired 3,310 shares of Mara Holdings Inc (NASDAQ:MARA), increasing its stake in the company.
Spot traders bought $29 million in TRX, while derivatives traders sold $10 million, limiting price gains. This buying pressure pushed TRX up 15% in a day, but derivatives selling pressure capped gains. The market is balancing supply and demand, with spot traders driving price increases and derivatives traders limiting them.
Ripple's XRP is a cryptocurrency with a unique value proposition. Its low volatility, high liquidity, and use cases in cross-border payments and supply chain management make it an attractive long-term investment. Additionally, XRP's scalability and speed make it well-suited for real-time transactions.
Trump's surprise announcement about a reserve plan for Trump-backed cryptocurrencies Ripples XRP and Cardano has sparked massive market interest. The plan aims to stabilize the volatile market by creating a reserve of these cryptocurrencies, similar to a central bank. This move could bring stability and attract new investors, potentially increasing the value of these coins.
Bitcoin Pepe's presale is nearing $5 million as Bitcoin's price rebounds. The NFT collection, featuring cartoon characters, has seen significant demand as Bitcoin's value recovers. The presale has already raised $4.5 million, with the majority of funds coming from small investors.
Jelu Coin launches multi-chain presale, introducing staking rewards and referral incentives. The presale allows users to participate in the Jelu ecosystem, with rewards for early adopters. Referral incentives encourage community growth, while staking rewards provide a passive income stream.
Ross Gerber, Tesla investor and CEO of Gerber Kawasaki, shares his 2025 investment predictions. He recommends buying Nvidia, Meta, Bitcoin, and gold, citing their potential for growth and diversification. Gerber also suggests Tesla stock will continue to rise, driven by electric vehicle demand and Autopilot advancements.
The Arizona State Retirement System has a significant stake in CleanSpark Inc (NASDAQ: CLSK), holding approximately 676,000 shares.
Atria Investments Inc sold 2,534 shares of iShares Bitcoin Trust (NASDAQ: IBIT), a popular ETF tracking the price of Bitcoin. The transaction occurred on March 12, 2025, and the shares were valued at approximately $355,000.
Steward Partners Investment Advisory LLC increased its stake in Mara Holdings Inc. (NASDAQ:MARA) by 15.5% in the fourth quarter. The institutional investor now owns 15,000 shares of the company's stock, valued at approximately $1.4 million.
Renowned analyst Benjamin Cowen warns that if Bitcoin's price plummets to $20,000, it could trigger a new bear market, potentially ending the current bull cycle. He notes that a drop to this level could lead to a loss of confidence and a subsequent decline in value.
A US lawmaker claims that the US Bitcoin Reserve will enrich President Trump and his allies, rather than taxpayers. The reserve, established in 2018, holds 90,000 Bitcoins, worth approximately $1.5 billion, and is managed by the US Treasury. The lawmaker argues that the reserve's profits will benefit the President and his allies, rather than being used to benefit the country.
Ethereum's value surged 30% in a week, reaching a new high. The altcoin market saw a 12% increase, led by Ethereum and Dogecoin. The market capitalization of Ethereum surpassed $100 billion, making it the second largest cryptocurrency after Bitcoin.
YieldMax Bitcoin Option Income ETF (NYSE: ARCAY) is a trading ETF that provides exposure to the performance of Bitcoin options. It has experienced a 4.6x increase in time to buy, making it an attractive option for investors seeking to profit from the growing cryptocurrency market.
Bitcoin may be entering a consolidation phase in 2024, similar to 2019, according to a crypto analyst. This could lead to a price action where the cryptocurrency trades sideways, potentially between $15,000 and $30,000, before making a significant move.
The article highlights top-performing cryptocurrency and stock picks for March 13th, including Ethereum, Solana, and Polkadot, which have shown significant growth. It also mentions stocks like Shopify, Zoom, and DocuSign, which have strong fundamentals and potential for future growth.
Mara (NASDAQ: MARA) shares plummeted 2.8% after an analyst downgrade. The blockchain-based social media platform's growth prospects were questioned, sparking concerns about its ability to compete with established players. The stock's decline comes as MARA faces increased competition in the social media space.