Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Pre-open movers
U.S. stock futures traded mixed in early pre-market trade. The National Association of Home Builders' housing market index for March is schedule for release at 10:00 a.m. ET.
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Futures for the Dow Jones Industrial Average dropped 68 points to 25,831, while the Standard & Poor’s 500 index futures gained 0.70 points to 2,830.50. Futures for the Nasdaq 100 index rose 4.25 points to 7,347.50.
Oil prices traded mixed as Brent crude futures rose 0.04 percent to trade at $67.19 per barrel, while US WTI crude futures fell 0.15 percent to trade at $58.43 a barrel.
A Peek Into Global Markets
European markets were higher today, with the Spanish Ibex Index rising 0.6 percent, STOXX Europe 600 Index climbing 0.2 percent and German DAX 30 index dropped 0.1 percent. The UK's FTSE index was trading higher by 0.6 percent, while French CAC 40 Index gained 0.1 percent.
In Asian markets, Japan’s Nikkei Stock Average rose 0.62 percent, Hong Kong’s Hang Seng Index climbed 1.37 percent, China’s Shanghai Composite Index rose 2.47 percent and India’s BSE Sensex rose 0.19 percent.
Broker Recommendation
Analysts at William Blair downgraded Restoration Robotics Inc (NASDAQ:HAIR) from Outperform to Market Perform.
Restoration Robotics shares rose 1.7 percent to $0.92 in pre-market trading.
Breaking News
- American Midstream Partners LP (NYSE:AMID) agreed to be acquired by an affiliate of ArcLight Energy Partners Fund V, L.P. for $5.25 per share in cash.
- Dermira Inc (NASDAQ:DERM) disclosed that its Phase 2b study of lebrikizumab in patients with atopic dermatitis met its primary endpoint.
- Synaptics, Incorporated (NASDAQ:SYNA) lowered its guidance for the third quarter and reported the departure of CFO Richard Bergman.
- Consolidated Water Co. Ltd. (NASDAQ:CWCO) reported downbeat results for its fourth quarter.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.