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BITO News and Press, ProShares Bitcoin Strategy ETF From 01/23/24

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Company Name: ProShares Bitcoin Strategy ETF
Stock Symbol: BITO
Market: NYSE

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BITO - 3 Stocks to Sell as the Cryptocurrency Craze Fades

2024-01-23 13:50:06 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Anticipating the U.S. Securities and Exchange Commission ( SEC ) approval of a Bitcoin ( BTC-USD ) ETF, the digital currency exploded from an October low of about $25,000 to...

BITO - Bitcoin slumps to lowest level in two months as selling pressure continues

2024-01-23 09:34:33 ET More on Bitcoin USD Bitcoin: The Wall Street Takeover Is Complete Bitcoin Is A Sell, Again Here Is What The Bitcoin Halving Cycle Entails For The Rest Of 2024 SEC unveils new details about its X account hack Bitcoin falls back t...

BITO - The 1-Minute Market Report January 22, 2024

2024-01-22 05:00:00 ET Summary After a correction from August through October, the market has been on a tear. Technology had a very good week, especially among the Magnificent 7 mega-cap stocks. The S&P Top 7 stocks continue to dominate the market, but that dominance is sl...

BITO - Cryptocurrency Decoded: Investing In Digital Assets

2024-01-20 01:50:00 ET Summary Digital assets have become a fascinating and sometimes perplexing phenomenon in the financial landscape. Cryptocurrencies offer decentralized and borderless transactions challenging the long-established norms of the financial system. When we thin...

BITO - Rose's Income Garden: 27 Transaction Review In 2023

2024-01-19 08:35:50 ET Summary Rose's Income Garden Portfolio is a quality, value-built, primarily defensive income portfolio with rising dividends for income generation. RIG ended 2023 with a green value up 2.41% without dividends and a 5%+ dividend yield. RIG had 13 sells an...

BITO - Tracking Cathie Wood's ARK Invest 13F Portfolio - Q4 2023 Update

2024-01-18 21:08:20 ET Summary ARK Invest's 13F portfolio value increased by 29% this quarter, reaching approximately $16.89 billion. The top three holdings in the portfolio are Coinbase Global, UiPath, and Tesla. ARK Invest made new stakes in ProShares Bitcoin Strategy ETF an...

BITO - My Favorite Spot Bitcoin ETF: None Of Them- Hype Vs. Technical Analysis, IBIT Is Now A Bitcoin Indicator

2024-01-18 12:04:28 ET Summary Bitcoin's price pattern looks weak and is getting progressively weaker, raising concerns about its future performance. Bitcoin is more of a trading vehicle than a reliable store of value for long-term investors. The iShares Bitcoin Trust is worth...

BITO - Bitcoin Is A Sell, Again

2024-01-17 14:52:33 ET Summary The ProShares Bitcoin Strategy ETF has collapsed 40% since its debut, while gold has risen more than 13%. The approval of regulated ETFs investing directly into Bitcoin is seen as bullish for its price, but the recent performance suggests a "sell the...

BITO - Here Is What The Bitcoin Halving Cycle Entails For The Rest Of 2024

2024-01-17 08:20:49 ET Summary Past Halving Cycles suggest that the "100x"-type return is behind us, where the bull market upside diminishes with each cycle. Bitcoin is expected to remain between the $40,000-$50,000 price level until the Halving Event in April 2024. Bitcoin is...

BITO - (BITO) Technical Pivots with Risk Controls

2024-01-17 04:58:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

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