The SPDR S&P Retail ETF (NYSE: XRT) saw unusually large volume on Wednesday ahead of a handful of retailers reporting earnings on Thursday. Investors bought 51,842 put options on the ETF, representing a 430 percent increase in typical volume activity of 9,775 put options. Here is a look at. Read More.
Dogecoin (DOGE) to ETH, which he called “insane.”
The money flow from $DOGE to $ETH right now has to be insane.
DOGE pumps bring $ into the crypto ecosystem and it ain t leavin
DOGE traded 2.96% lower at $0.52 at press time. The meme cryptocurrency fell by as much as 30% hours after
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk’s appearance on “Saturday Night Live” where he mentioned the coin several times.
Digital investment company Magnetic’s co-founder Megan Kaspar who predicted a previous spike of ETH to the mid $3,000 level has upped her price target.
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Kaspar now predicts ETH will now move to the $8,000 to $10,000 price range by the year-end, reported Yahoo Finance.
Ki pointed to what he called an “insane” Ethereum-Coinbase premium in a tweet.
“Selling [ETH] now seems not a good idea in the long term. Follow US institutional investors, not against them,” said the analyst.
Still an insane $ETH Coinbase premium.
Selling $ETH now seems not a good idea in the long term. Follow US institutional investors, not against them. https://t.co/mZcGk6Gvrspic.twitter.com/IX8cVP1ppY Ki Young Ju 주기영 (@ki young ju) May 8, 2021
Earlier, he said that U.S. institutional investors are buying ETH using the exchange run by
Coinbase Global Inc (NASDAQ:COIN).
Why It Matters: LikeFolio co-founder Andy Swan said Sunday that there was a flow from
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