Tag Archives: sinks

Bitcoin (BTC) dominance, or the ratio of the largest cryptocurrency’s value to the overall market capitalization of digital assets, slipped below 50% for the first time since 2018, according to the data sites CoinMarketCap and CoinGecko. The ratio was 48% as of 15:44 coordinated universal time (11:44 a.m. ET) and came as ether (ETH), the native cryptocurrency of the Ethereum blockchain and the second-largest overall, surged to a new all-time high. Bitcoin’s market value is about $1.02… Source link

Bloomberg Family Offices Targeting 800% Returns With SPAC Economics (Bloomberg) — The Pritzkers built an empire spanning hotels to manufacturing before agreeing two decades ago to split up their fortune among 11 descendants.Karen Pritzker, one of the heirs, has parlayed that wealth into venture capital, backing firms such as Snap Inc. and Spotify Technology. Now she’s joined the wave of investors turning to blank-check firms.The Pritzker Vlock Family Office is the anchor investor for… Source link

Gonzaga’s Final Four matchup was supposed to be a walkover.  Instead, the Bulldogs won an all-time thriller to advance past UCLA. After Gonzaga survived a close call at the end of regulation, Jalen Suggs capped overtime with a prayer of a buzzer-beater to send the Bulldogs to a 93-90 win and into Monday’s national title game against Baylor.  Wild final sequence keeps Gonzaga’s perfect season alive With 3.3 seconds left on the clock, UCLA’s Johnny Juzang had just tied the game, seemingly… Source link

Bloomberg ECB Confronts Shifting Markets as Economy Stays Frozen: Eco Week (Bloomberg) — European Central Bank officials will set policy this week against a backdrop of investors betting on a global upturn even as the euro zone remains mired in pandemic lockdowns and painfully slow vaccinations.President Christine Lagarde will need to test her institution’s current stimulus plans against the challenges presented by those contrasting situations. While some of her colleagues have signaled… Source link

TipRanks J.P. Morgan: 2 Cruise Line Stocks to Bet on (And 1 to Avoid) The coronavirus pandemic crisis shows no signs of abating, even with a vaccine coming on to the markets. We’re still facing severe social lockdown policies, with a number of states (such as California, Minnesota, and Michigan) forcing even harsher restrictions on this round than previously.It’s a heavy blow for the leisure industry that is still reeling from one of the most difficult years in memory. The difficulties… Source link

Democratic Senate candidate Sara Gideon greets voters on primary day Tuesday in Portland, Maine, before winning the right to challenge longtime GOP Sen. Susan Collins. (Elise Amendola / Associated Press) President Trump’s faltering reelection campaign increasingly is dragging on the Republican Senate, giving Democrats their best hope in more than a decade of winning control of both houses of Congress as well as the White House. Democrats now threaten Republican Senate incumbents in Georgia,… Source link