Bitcoin cryptocurrency is displayed in Ankara, Turkey, on Nov. 23, 2024. Anadolu | Anadolu | Getty Images The price of bitcoin retreated further from the psychologically important $100,000 milestone, as investors booked profits from the cryptocurrency’s post-U.S. election gains. The largest cryptocurrency by market capitalization was last lower by more than 4% at $90,999.30, according […]
The postelection rally is charging ahead. Both the Dow and S&P 500 closed at record highs, while bitcoin logged eye-popping gains to trade above $88,000.
The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other. “They should come out probably in about two or three months,” Venuto, the firm’s chief investment officer and co-founder, said on CNBC’s […]
