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.
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- ExxonMobil (XOM) - Shares were down nearly 14% as the price of crude oil fell more than $9/barrel. Saudi officials decided to instigate a price war by cutting production over the weekend. Crude oil last traded around $32/barrel.
- SPDR Gold ETF (GLD) - This ETF was up about 0.3% in opposition to the move in oil. Gold also benefited amid reports the number of coronavirus cases confirmed outside China nearly tripled since last week.
- Boeing (BA) - The stock was down about 9% following a report the FAA may require the company to fix electrical wire issues before the 737 MAX can return to flight.
- Tesla (TSLA) - A weekend article from the FT suggested notable investor James Anderson, head of global equities for Baillie Gifford (Tesla's largest shareholder), said he was now "more comfortable" with the company following a recent management shuffle. Anderson called the appointment of Robyn Denholm, an independent board member since 2014, a “decisive move.”
- Spherix (SPEX) - A new coronavirus play as of Friday, shares continued higher Monday morning. After closing up 131% on Friday, shares were up another 60% Monday morning. On Friday, the company announced the execution of exclusive option deal with University of Maryland for "Methods of Treating Coronavirus Infection" patent.
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.