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.
Weibo Corp (ADR) (NASDAQ:WB) shares are trading higher by $6.00 (7.6 percent) at $84.77 in Monday's session. The Chinese social media platform will announce Q2 earnings before the open on Wednesday.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Its price action ahead of the report suggests investors are looking for blowout numbers similar to Baidu Inc. (NASDAQ:BIDU) that far exceeded expectations for its Q2 report on July 27. Since its report, it has rallied from its July 27 close ($201.00) to the $230.00 area.
After a higher open, Weibo had a brief 12-cent retreat to $80.00 before continuing its move higher. It has easily surpassed its former all-time high from May at $82.28 as $85.24 stands as the high for the session as of 11:30 a.m. EST.