October 29, 2012 11:27 AM | 1 min read |
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.
Hurricane SandyAs hurricane Sandy moves towards the east coast, both electronic and on-floor trading at the NASDAQ and NYSE have been closed for the day. At 4:00 pm eastern, it will be decided if markets will be closed Tuesday as well.Stay tuned to Benzinga for updates on the storm's progression and on decisions regarding the market opening tomorrow.
CommoditiesIn commodity news, oil traded down 0.29 percent to $86.03, while gold traded up 0.08 percent to $1,713.20.Silver traded down 0.13 percent Monday to $31.90.
EurozoneIn the Euro Zone this morning, markets were largely down, continuing to be weighed down by the financial woes of Spain and Greece.Italian prime minister Mario Monti stated this morning that his country does not need a bailout, he went on to say that the Italy-Germany Bond spready was wider than it should be, and that he could not be threatened by parliamentary supporters.France's president Francois Hollande also made a statement, saying that the Euro zone was close to exiting the crisis, drawing great skepticism from many investors.
EconomicsIn Economic news, personal income was reported at 0.4 percent, exactly as expected, and was slightly higher than the previous figure of 0.1 percent.The Dallas Fed manufacturing index was also announced, coming in at 1.8, well above the expected 0.0 and the prior figure of -0.90.
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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