• Jan 03, 2025

BlackRock’s Bitcoin ETF Posts Record Outflow After Banner Year

(Bloomberg) -- Investors yanked a net $333 million from BlackRock Inc.’s iShares Bitcoin Trust ETF (IBIT) on Thursday, the most withdrawn from the record-breaking fund since its launch.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned-Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusThe fund

  • Jan 03, 2025

European stocks dip at the end of holiday-shortened week

Swiss stocks rose 0.2% in their first trading session of 2025. U.S. stock markets recorded a strong showing in 2024, helped by optimism around artificial intelligence and the Federal Reserve's interest rate cuts. Traders are awaiting U.S. manufacturing activity data as well as speeches by the Fed and the European Central Bank officials later in the day.

  • Jan 02, 2025

Should You Buy the Bitcoin Dip?

Bitcoin has lost some steam and is now trading at about $94,000 at the time of writing. While this is still a remarkable price level when considering Bitcoin's humble beginnings, uncertainty looms in the market, leaving many investors asking the critical question: Should you buy the Bitcoin dip? Bitcoin's recent pullback may have surprised some, but it aligns with a historical pattern seen in the years after a halving.