IBLC News and Press, iShares Blockchain and Tech ETF From 06/26/23

2023-06-26 12:25:00 ET Summary The market took a well-deserved rest last week after hitting a 2023 high on June 15th. The S&P 500 finished Thursday, June 15 at its highest level in 14 months. The index is up 13.3% year to date and is 9.3% below its record-high close on January...

2023-06-19 03:37:00 ET Summary The S&P 500 finished Thursday, June 15 at its highest level in 14 months, and its fifth consecutive weekly gain. The long-suffering Commodities asset class led the way higher last week, but is down YTD and since the October low. The top 7 sto...

2023-05-05 08:00:00 ET Summary Some investors may still be reluctant to invest in crypto despite bitcoin prices rising back to near the $30,000 level, while some long-term crypto fans are still adding to their crypto allocations. With lower prices and some investor reluctance, sev...

2023-04-06 01:22:42 ET Summary Interview with a 14-year blockchain veteran and FinTech CEO to better understand where we are and where we are going in blockchain development. Deep dive discussion and explanation of the recent blockchain technology advancements that are making paym...

2023-03-23 10:43:22 ET Shares of Block Inc. ( NYSE: SQ ) crashed 20% on Thursday morning after Hindenburg Research put out a short report on the stock. As a result, many exchange traded funds with heavy weightings towards the parent company of payment processing service Squa...

Summary The bitcoin hash rate measures the computational power of the bitcoin blockchain and is a proxy for how much bitcoin mining is being done. As bitcoin mining declines in a region, the correlation between bitcoin and local stock markets subsides as well. The United States and ...

Summary Crypto prices were in the high $60,000 range in 4Q21 and have seen pressure throughout most of 2022, averaging just under $30,000 for the year. In the crypto mining space, several other factors contributed to the rally. Much like the relationship of gold mining companies to the ...

Summary The allegations against FTX are that it lent out customer assets for risky activities. If this sounds familiar, it’s because it’s a move we have seen before in recent months with other bankruptcies. Most cryptocurrency values have been down significantly in t...

Summary In today's issue of the 1-Minute Market Report, I examine the market bounce since the October low, and highlight the areas of the market that are leading the way higher. On Thursday, for every stock that was down, there were 26 that were up. For the first time since August...

Summary After rallying 9% off the October 12 bottom, the market pulled back last week but still sits 5.4% above the low point. Commodities are trouncing all other major asset classes on a YTD basis, largely due to the rise in oil, natural gas, and agricultural prices. The newe...