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Bitcoin Starts Off Weak In 2026, But Global Political Landscape Still Favors 'Digital Gold' Narrative
benzinga118d ago

Bitcoin Starts Off Weak In 2026, But Global Political Landscape Still Favors 'Digital Gold' Narrative

Bitcoin (CRYPTO: BTC) is off to slow start this year, but the political landscape in the U.S. should keep that "digital gold" narrative in place. That doesn't mean the main crypto trade will rise and fall along with gold. Recall last year that gold was a better buy than Bitcoin. But founders in the space think that it will continue to decouple from the tech stocks and be seen as a highly speculative gold alternative with a lot of upside."Bitcoin doesn't respond to politics—it responds to math and in periods of global stress, we see it is clearly decoupling from tech and re-entering the macro conversation, pricing credibility rather than growth stories," said Travis VanderZanden, founder & CEO of the fintech crypto savings firm called Buck.VanderZanden, also known as the founder of scooter sharing service Bird, now owned by Third Lane Mobility, said Bitcoin trading activity is becoming less speculative. Investors are holding it long, just as they would the SPDR Gold (NYSE:GLD) ETF. The Grayscale Bitcoin Trust ETF (NYSE:GBTC) is around 1.8% so far this year while GLD is up over 10%. The iShares Silver Trust (NYSE:SLV) fund, often seen as the real gold alt, is up 23.7%. One look at those numbers and it seems Bitcoin is starting off 2026 mimicking the Nasdaq again. The Invesco QQQ Trust ETF (NASDAQ:QQQ) is down around 1% at the time of this writing.Bitcoin’s correlation with the Nasdaq turned negative in 2025 for the first time since ...Full story available on Benzinga.com

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Stocks Rebound On Trump's Remarks, Natural Gas Rockets: What's Moving Markets Wednesday?
benzinga118d ago

Stocks Rebound On Trump's Remarks, Natural Gas Rockets: What's Moving Markets Wednesday?

After Tuesday's sharp sell-off, triggered by renewed fears of potential U.S. tariffs on Europe tied to President Donald Trump's stance on Greenland, Wall Street attempted a cautious rebound in Wednesday's session. • Lucid Group stock is showing exceptional strength. What’s behind LCID gains?Speaking at the World Economic Forum in Davos, Trump reiterated that acquiring Greenland remains a national security priority for the U.S. He said he expects NATO allies to understand the strategic importance of the issue, while ruling out any use of military force.Markets reacted with restraint. The Dow Jones Industrial Average rose about 0.6%, slightly outperforming both the S&P 500 and the Nasdaq 100, as investors remained defensive amid lingering geopolitical uncertainty.Shortly after Trump's remarks, Denmark briefly rejected Washington's request to open negotiations over Greenland, while the European Parliament moved to freeze work on a potential EU-U.S. trade agreement, adding another layer of tension to the transatlantic outlook.The clear standout of the session was the oil and gas sector, which strongly outperformed the broader market. On Wednesday, U.S. natural gas futures at the Henry Hub facility jumped nearly 24%, mirroring Tuesday's rally and marking the ...Full story available on Benzinga.com

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Equities Research Analysts’ Upgrades for January 21st (AAP, ALB, ANF, APLS, BABA, EAT, IVZ, LNT, OKLO, SFBS)
themarketsdaily118d ago

Equities Research Analysts’ Upgrades for January 21st (AAP, ALB, ANF, APLS, BABA, EAT, IVZ, LNT, OKLO, SFBS)

Equities Research Analysts’ upgrades for Wednesday, January 21st: Advance Auto Parts (NYSE:AAP) was upgraded by analysts at Northcoast Research from a neutral rating to a buy rating. They currently have $55.00 price target on the stock. Albemarle (NYSE:ALB) was upgraded by analysts at Truist Financial Corporation from a hold rating to a buy rating. They [...]

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Analysts’ Updated EPS Estimates for January 21st (ABM, ACRS, AIRG, AMH, AMZE, APA, CASY, CCS, CNX, COGT)
watchlistnews118d ago

Analysts’ Updated EPS Estimates for January 21st (ABM, ACRS, AIRG, AMH, AMZE, APA, CASY, CCS, CNX, COGT)

Analysts’ updated eps estimates for Wednesday, January 21st: ABM Industries (NYSE:ABM) had its hold rating reissued by analysts at Truist Financial Corporation. The firm currently has a $47.00 target price on the stock, down from their previous target price of $58.00. Aclaris Therapeutics (NASDAQ:ACRS) had its buy rating reiterated by analysts at HC Wainwright. They [...]

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USDT Premium in Venezuela Cools: Speculative Frenzy Eases as Market Finds Calm
bitcoinworld118d ago

USDT Premium in Venezuela Cools: Speculative Frenzy Eases as Market Finds Calm

BitcoinWorldUSDT Premium in Venezuela Cools: Speculative Frenzy Eases as Market Finds CalmIn Venezuela, January 2025—the dramatic premium for the dollar-pegged stablecoin Tether (USDT) is significantly cooling. This follows a period of intense speculative trading triggered by recent geopolitical events. Market data now shows the USDT premium falling by approximately 40%, returning to levels last observed in December. Experts attribute this normalization to easing political tensions and [...]This post USDT Premium in Venezuela Cools: Speculative Frenzy Eases as Market Finds Calm first appeared on BitcoinWorld.

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Sam Bankman-Fried's Former Girlfriend Caroline Ellison Released After 440 Days In Federal Custody
benzinga118d ago

Sam Bankman-Fried's Former Girlfriend Caroline Ellison Released After 440 Days In Federal Custody

Caroline Ellison, former CEO of Alameda Research and ex-girlfriend of FTX founder Sam Bankman-Fried, is scheduled to be released from U.S. federal custody on Wednesday after serving 440 days of a two-year sentence.Ellison's ReleaseAccording to Bureau of Prisons records, Ellison will be released from a residential re-entry facility in New York City after receiving credit for good conduct and transitioning to re-entry custody in October. Ellison was among several former FTX and Alameda executives charged following ...Full story available on Benzinga.com

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Is Bitcoin Entering A Correction Phase? Here's What The Data Tells Us
biztoc118d ago

Is Bitcoin Entering A Correction Phase? Here's What The Data Tells Us

Bitcoin (CRYPTO: BTC) falling below the $90,000 level has raised questions over whether the asset is entering a corrective phase, even as on-chain data shows a significant ownership shift.Bitcoin Correction And Macro PressureAccording to CryptoQuant, renewed tariff policies under President Trump...

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