crypto / Tuesday 8th of April 2025 16:51:00

CME's 11% YTD Gain: Is the Stock Overvalued at 23.82X P/E?

CME Group, a leading derivatives marketplace, has gained 11% YTD, with a PE of 23.82x. The company's strong performance is driven by increased trading volumes and market share gains. With its solid fundamentals and attractive valuation, now may be a good time to buy the stock.

crypto / Tuesday 8th of April 2025 16:35:14

Bitcoin's Market Dominance Could Soar 300% by 2025, Leaving Major Cryptocurrencies in Its Wake

Ripple's XRP price surged 15% following reports that former US President Donald Trump is planning to launch a cryptocurrency called "Trump Coin 2.0". The news sparked speculation that Trump's involvement could bring mainstream attention to the digital asset space.

crypto / Tuesday 8th of April 2025 16:31:25

The Crypto Revolution Will Reach $1 Trillion in Market Cap by 2025

Bitcoin's price is expected to surge from $65,000 to $225,000 in 2025 due to increased adoption, institutional investment and the rise of decentralized finance. As the asset's market capitalization grows, it will attract more investors and drive up the price.

crypto / Tuesday 8th of April 2025 16:28:16

Cryptocurrency Cartel Sentenced to 15 Years for $10 Million Money Laundering Scheme

Three Ukrainian nationals are sentenced to 13 years in prison and fined $7.3 million for money laundering and profiteering from the war. They used cryptocurrency to conceal illegal profits from the conflict.

crypto / Tuesday 8th of April 2025 16:24:26

Bitcoin's Baby Brother, Litecoin, Seizes Spotlight As Unlikely Safe Haven Amid Market Volatility

A new cryptocurrency, Inufartcoin, is gaining traction as a recession hedge, similar to Dogecoin and Shiba Inu. Despite its humorous name, Inufartcoin has seen a surge in value, with some investors viewing it as a safe-haven asset. Its market capitalization has increased by over 1,000% in recent weeks.

finance / Tuesday 8th of April 2025 16:18:50

Innovative Investors Flock to Verizon Options

Smart money is betting big on AT&T (T) options, with a surge in bullish bets on the telecom giant's stock. Open interest in T options has doubled in recent weeks, with 75% of the activity in calls. Analysts point to the company's strong 5G network and potential for growth in its media business as driving the optimism.

crypto / Tuesday 8th of April 2025 16:16:00

Citigroup Completes Acquisition of Selected Debt Obligations

Societe Generale announces the results of its offer to purchase certain debt securities, with a total nominal value of €1.25 billion. The offer was oversubscribed and will settle on April 15, 2025.

crypto / Tuesday 8th of April 2025 16:15:00

Kraken to delist 5 cryptocurrencies following community vote

Binance has delisted 14 tokens, including BitTorrent Token and Tron-based tokens, following a vote by the exchange's community. The delistings are part of Binance's efforts to improve the quality and credibility of its listed assets.

finance / Tuesday 8th of April 2025 16:10:13

Will General Electric's Next Earnings Report Confirm Its Resurgence in the Industrial Sector?

American International Group (AIG) is expected to report strong Q2 earnings, driven by its general insurance segment. Analysts forecast a 14% increase in EPS, with a 2% beat potential, based on historical trends. AIG's improving underwriting results and cost-cutting efforts are expected to contribute to the strong earnings.

finance / Tuesday 8th of April 2025 16:10:13

Will American International Group (AIG) Surpass Expectations in Its Upcoming Earnings Release?

Assurant (AIZ) has a strong earnings surprise history, beating estimates in 7 of the last 8 quarters. With a solid balance sheet and diverse product portfolio, analysts expect another beat in the next earnings report, driven by continued growth in its employee benefits and other lines of business.

finance / Tuesday 8th of April 2025 16:10:12

Will Ameris Bancorp's Earnings Streak Continue in Its Next Quarterly Report?

Ameris Bancorp (ABCB) is expected to continue its earnings beat streak in its next quarterly report. The company has exceeded estimates in each of the last four quarters, with an average surprise of 14.5%. Strong loan growth and a solid balance sheet have driven its performance.

finance / Tuesday 8th of April 2025 16:10:11

Wells Fargo's Earnings Surge to Surprise Investors

Truist Financial (TFC) is expected to beat earnings estimates again due to strong loan growth, low credit costs and a solid capital position. The company's diverse revenue streams, including investment banking and trust services, also bode well for its earnings potential.

crypto / Tuesday 8th of April 2025 16:09:31

The Market's Next Move: Unpacking the Key Factors That Will Drive Trading on Wednesday

The Indian stock market is expected to be driven by earnings season, global cues, and macroeconomic data. Key events include RBI's monetary policy decision, IIP data, and earnings from companies like TCS, HUL, and Maruti Suzuki. Market experts will also keep an eye on global events, including US-China trade talks and Brexit developments.

crypto / Tuesday 8th of April 2025 16:06:32

Coinbase Acquires Prime Brokerage Arm for $2.5 Billion

Ripple is acquiring Prime Brokerage, a hidden road, for $1.25 billion. The deal will enable Ripple to expand its financial services, offering institutional investors access to the XRP market.

crypto / Tuesday 8th of April 2025 16:03:34

FBI Abandons Investigation into Major Cryptocurrency Fraud Ring

The Trump Administration has shut down the Department of Justice's Crypto Crime Unit, a group established in 2018 to combat cryptocurrency-related fraud and money laundering. The unit's closure comes amid a broader shift in the government's approach to cryptocurrency regulation.

finance / Tuesday 8th of April 2025 16:02:45

AppLovin's Mobile Gaming Empire Reaches New Heights

AppLovin's stock surged 22% after the mobile gaming platform announced a $400 million investment from KKR and a partnership with Unity, a leading game engine provider. The deal aims to accelerate AppLovin's growth and expand its presence in the growing mobile gaming market.

crypto / Tuesday 8th of April 2025 16:00:51

BitVMX Unleashes SDKs for Scalable Bitcoin Applications

Rootstock is set to release Software Development Kits (SDKs) for Bitcoin layer 2 solutions using BitVMX. The move aims to simplify the development process for creators of Bitcoin-based decentralized applications (dApps) and sidechains.

crypto / Tuesday 8th of April 2025 16:00:49

Ethereum's Quiet Exodus: Insiders Unload Holdings as Market Volatility Looms

Long-term Bitcoin holders are selling their coins, a trend that may signal a major sell-off on the horizon. This shift could lead to a significant correction in the market.

finance / Tuesday 8th of April 2025 16:00:00

Investors Who Lost Money in Bakkt Holdings, Inc. Urged to Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

Bakkt Holdings Inc. (BKKT) investors who suffered losses are advised to contact Glancy Prongay & Murray, a law firm, to explore potential claims. Deadline to file is July 25, 2023.

finance / Tuesday 8th of April 2025 15:56:24

Investors of Virtu Financial, Inc. Urged to Seek Counsel Following Recent Market Volatility

Kuehn Law encourages investors of Virtu Financial Inc. to contact the law firm regarding potential claims related to alleged securities violations.