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Showing posts with the label nasdaq

Shiba Inu Beats NASDAQ, Dow Jones, S&P 500 Index in 5-Year Returns

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SHIB was the ‘biggest investment of a lifetime’ if traders had bought $1,000 worth of tokens during its early days. Yes, Shiba Inu’s 5-year returns are so robust, that it single-handedly beat the profits of the NASDAQ Composite, Dow Jones Industrial Average, and the S&P 500 index combined. Even the US stock market has not delivered that many returns in 5 years the way SHIB generated money. Also Read: Want 50 Million in Shiba Inu (SHIB)? It Will Cost You Only $590 NASDAQ, Dow Jones, and S&P 500 Index Bow Down To Shiba Inu Shiba Inu was trading at $0.000000000056 (10 zeroes) in the indices in August 2020 days after its launch. An investment of $1,000 at that time could have enabled investors to accumulate around 17 trillion SHIB tokens. The $1,000 investment in Shiba Inu would have generated life-changing gains which even the NASDAQ index failed to do. From August 2020 to July 2025, the dog-themed token has deleted six zeroes and is now trading with four zeroes...

Mining News in July:Trump Supports U.S. Bitcoin Mining, Marathon Fined $138 Million, WhatsMiner Releases New Mining Machine, sponsored by Bitdeer

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Title sponsored by Bitdeer, a NASDAQ-listed mining company. 1. Ensure that the United States becomes the cryptocurrency capital of the world and the bitcoin superpower of the world, and we will make it happen, Trump said at the Bitcoin conference. If cryptocurrency is going to define the future, I want it to be mined, minted, and manufactured in the United States. We’ll build power plants on-site, we’ll generate electricity from fossil fuels because we have to, we’ll use nuclear energy, we’ll do it in an environmentally friendly way, but we’ll generate enough electricity. 2. Northern Data AG is speaking with potential advisers about a US initial public offering of its combined artificial intelligence cloud computing and data center businesses. Banks asked to pitch for a role have suggested valuations for the business from about $10 billion to $16 billion, the people said. Under the current plan, Northern Data would list an entity comprising its cloud computing activities, dubbed Taiga,...

Litecoin 'head fake' rally? LTC price technicals hint at 65% crash

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LTC price could drop alongside riskier assets as macro analysts sound a bull trap alarm over this potential "head fake" recovery. Litecoin (LTC) has rebounded by 130% to almost $100 after bottoming out near $40.50 in June 2022. The primary reasons include broadly improving risk-on sentiment and euphoria around the Litecoin halving in August 2023. However, technicals suggest that LTC may wipe out most of these gains in the coming months. LTC price paints giant bear flag  Litecoin stands to pare its gains mainly due to a giant bear flag on the weekly char.  A bear flag is a bearish continuation pattern that occurs when the price consolidates inside an ascending, parallel channel after undergoing a strong downtrend. It resolves after the price breaks below its lower trendline with a rise in trading volumes Litecoin has been painting a similar pattern since early June 2022. Previously, the LTC/USD pair had undergone a 70% price correction from $130 to $40.50. Thus, from the tec...