March 28, 2024
Crypto

Bitcoin Price Struggles. It’s Had a Very Bad Week—and the Selloff May Not Be Over.

Bitcoin and other cryptocurrencies were weaker Friday, struggling into the end of a bearish week for digital assets as Bitcoin plunged after notching an all-time high. While analysts and traders remained bullish on the outlook for crypto, there are still warning signs that a correction may not be over. The price of Bitcoin has fallen

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Finance

Barron’s 100 Most Influential Women in U.S. Finance: Alesia Haas

Coinbase Global’s stock has almost quadrupled since its chief financial officer was profiled here in 2023. That Alesia Haas’ strategy has been consistent speaks volumes more than the share price. Having steered the broker through a prolonged Bitcoin bear market, Haas, 47, is now riding the rally that has picked up since the Securities and

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Investment

Barclays plans hundreds of job cuts within its investment bank

Barclays is preparing a fresh wave of job cuts that will affect hundreds of employees within its investment bank, according to reports. The UK lender, which unveiled a strategy revamp in February in a bid to boost returns and cut costs, will strip out hundreds of roles across investment banking, research and markets, Bloomberg reported.

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Investors

Should Investors Buy Bitcoin ETFs? Financial Advisors Weigh In.

How are financial advisors feeling about Bitcoin these days? In years past, many have expressed deep skepticism, citing price volatility, regulatory uncertainties, and even cryptocurrencies’ use in criminal activities. While plenty of doubts remain, the landscape has changed. In January, the Securities and Exchange Commission approved 11 spot Bitcoin ETFs. Two of the biggest, BlackRock’s

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Crypto

Bitcoin Drops Near 10% in Crypto Correction. How Far Prices Could Fall.

Bitcoin and other cryptocurrencies fell on Friday in what looked like a short-term correction after a red-hot rally in digital assets. Prices could fall further even as traders continue to be bullish on the outlook for cryptos in the months ahead. The price of Bitcoin dropped 6% over the past 24 hours to below $68,000,

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Crypto

Coinbase Stock Has Soared. Why the Crypto Platform’s Shares Could Keep Rising.

Coinbase , one of the hottest stocks of the past year, still has room to run, according to some analysts. The trading platform’s shares continue to ride the wave of enthusiasm over financial advisors and institutions’ growing adoption of Bitcoin and other cryptocurrencies. Coinbase Global stock has been one of the top performers of the

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Finance

New Bitcoin ETFs Are Raking in Cash But Not From Financial Advisors. Here’s Why.

The new crop of exchange-traded funds offering direct exposure to Bitcoin may have accumulated billions in new assets in the two months since they hit the market, but experts say that’s not because advisors have suddenly jumped on the crypto bandwagon. Most advisors aren’t permitted to talk to clients about the so-called spot Bitcoin funds,

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Loans

Assumable mortgages are easier to find in these cities — but there’s a catch

Assumable mortgages, or home loans that pass on their mortgage rate from a home seller to a buyer, are considered an attractive option these days: They effectively allow buyers to inherit a far lower interest rate at a time when mortgage rates are higher than 7%. And while these loans are relatively hard to find

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Investors

Bitcoin rallies to highest level since November 2021 as investors eye record high

Published: Feb. 26, 2024 at 10:28 p.m. ET Bitcoin on Monday rallied to its highest level since November 2021, as exchange-traded funds investing directly in the cryptocurrency attract more capital into the space, while investors await the upcoming “halving” event, which has historically been bullish for bitcoin prices.  Bitcoin BTCUSD rose 9.5% over the past

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Mortgage

Commercial Mortgage REITs Weathered Another Quarter. They’re Cheap Again.

The year-end reports have come in from a cadre of lenders who hold loans on some of the more troubled kinds of commercial real estate. The December quarter wasn’t easy for mortgage real estate investment trusts like Starwood Property Trust and Blackstone Mortgage Trust . Earnings calls among the dozen or so members of this

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