MicroStrategy’s Implied Premium to Bitcoin Settling Into New Norm, BTIG Says

MicroStrategy’s Implied Premium to Bitcoin Settling Into New Norm, BTIG Says

[ad_1] “The premium is supported by a desire for investors to have exposure to bitcoin who may be unable to invest directly in bitcoin or in exchange-traded funds (ETFs), and also supported by MSTR’s ability to accretively raise capital to purchase additional bitcoin for shareholders,” the authors wrote. Due to the company’s capital market activity … Read more

Crypto Analyst Predicts ADA Price Crash To $0.34, Why Is Cardano Founder Bullish?

Crypto Analyst Predicts ADA Price Crash To $0.34, Why Is Cardano Founder Bullish?

[ad_1] Cardano (ADA) is again in the spotlight as crypto analysts continue to deliberate on its future trajectory. This time, crypto analyst Alan Santana has laid out a bearish narrative for the crypto token, which could cause its price to drop drastically.  How ADA Could Crash To $0.34 In his analysis, Santana stated that ADA’s … Read more

Cardano Price Tumbles As Grayscale Sells All ADA From Large Cap Fund

Cardano Price Tumbles As Grayscale Sells All ADA From Large Cap Fund

[ad_1] The Cardano (ADA) price is experiencing a notable decrease, dropping by 12% since the start of the week, with a 2.6% dip recorded today alone. Despite this, with a market capitalization of $20.27 billion, ADA maintains its position as the 9th largest cryptocurrency. This recent downturn comes amidst a broader crypto market experiencing mostly … Read more

U.S. Added 303K Jobs in March, Outpacing Expectations for 200K

U.S. Added 303K Jobs in March, Outpacing Expectations for 200K

[ad_1] Checking other report details, the labor force participation rate rose to 62.7% from 62.5%, suggesting sizable numbers of people returning to the workforce. Average hourly earnings rose 0.3% in March, in line with expectations and up from 0.2% in February. On a year-over-year basis, average hourly earnings rose an in line 4.1%, down from … Read more