Bitcoin, crypto to drive Nasdaq 100 gains instead of Big Tech argument

Bitcoin, crypto to drive Nasdaq 100 gains instead of Big Tech argument

The tech-driven Nasdaq 100 may be undergoing a historic shift as it turns 40 this week. According to Strategas Securities’ Todd Sohn, cryptocurrency companies could fuel the next wave of gains. “Bitcoin is to crypto as the QQQ … is to technology type stocks,” the firm’s exchange-traded fund and technical strategist told ‘s “ETF Edge” this week. “Bitcoin is…

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Profit falls and cost target scrapped

Profit falls and cost target scrapped

Germany’s largest lender Deutsche Bank on Thursday reported weaker-than-expected profit that fell sharply in the last three months of 2024, as legal provisions weighed on the bottom line. Frankfurt-listed shares of the bank pared back some of the losses from earlier in the day to close down 1.9%. Net profit attributable to shareholders hit 106…

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Grayscale Investments Launches Bitcoin Miners ETF

Grayscale Investments Launches Bitcoin Miners ETF

Grayscale Investments LLC has officially launched the Grayscale Bitcoin Miners ETF (MNRS), providing investors with a unique opportunity to gain exposure to the Bitcoin mining industry. This ETF is designed for those who want to invest in Bitcoin miners without directly purchasing Bitcoin itself, making it an attractive option for traditional investors looking to diversify…

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German GDP, fourth quarter 2024

German GDP, fourth quarter 2024

The Frankfurt skyline at dusk on a November day. Helmut Fricke | Picture Alliance | Getty Images The German economy shrank by 0.2% quarter-on-quarter in the three months ending in December, according to preliminary data released by Germany’s statistics office Destatis on Thursday. The figure is adjusted for price, calendar and seasonal variations. Analysts polled…

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