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Those who own at least 1,000 Bitcoin, whether they are individuals or corporations, are referred to as Bitcoin Whales. Most do not disclose how many coins they own, but a select few have come forward.
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The crypto arm of trading platform Robinhood has received a Wells notice from the Securities and Exchange Commission (SEC) over allegedly violating securities laws.
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Rohan Reddy, director of research at Global X $TWTR ETFs, spoke with Quartz for the latest installment of our “Smart Investing” video series.
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The stock of Palantir $PLTR Technologies fell Tuesday morning as investors were unimpressed by its outlook for annual sales. The defense tech company’s stock was down over 13%, trading at $22 in the morning action.
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Bitcoin rebounded to $64,000 on Monday morning after experiencing a significant decline last week. The latest surge in Bitcoin price comes amid the resurgence of spot Bitcoin ETFs.
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Shares of the two ride-hailing giants were moving in opposite directions Wednesday morning. Uber $UBER stock fell more than 6% after the company released its first-quarter results. By contrast, rival Lyft $LYFT’s shares rose more than 8% after it reported better-than-expected quarterly earnings.
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As investors pile into quality, Rohan Reddy of Global X $TWTR ETFs suggests sticking with Nvidia $NVDA and Apple $AAPL because of their ‘fortress-like balance sheets’
