Tags: Wall Street

Bitcoin’s risk-adjusted returns now surpass S&P 500 despite 30% drop from peak, challenging traditional portfolio assumptions.

Nvidia stock (NASDAQ: NVDA) crashed by 17% in 24-hour intraday trading to start the week.

The crypto-trading platform could go public as early as the second quarter of this year.

Instead of a Santa Claus rally for cryptocurrencies and tech stocks in the Nasdaq, index markets are slumping over the year-end holiday. Here’s a quick rundown of what’s going on.

Both the stock and crypto markets have been hesitant since the most recent Fed rate cut and deflated in trading this week. Santa Claus rally, ahead? And if so, for stocks or crypto?

Riskier assets went up, while those considered as safe-haven didn’t do so well.

Analysts said it is common for higher-volatility assets like BTC to move later than lower-volatility ones like equities.

The crypto market has already been hit hard, but could it get any worse?

The total crypto market cap dumped to $2.350 trillion once more.

The S&P 500 and the Nasdaq Composite both reached new peaks last week.

Cantor Fitzgerald has been managing Tether’s now $90 billion Treasury portfolio since late 2021.

Veteran investor Stanley Druckenmiller praised Bitcoin for establishing its own “brand” during an interview with hedge fund manager Paul Tudor Jones.

Elliptic, the firm which Wall Street Journal sourced the data from, said it was “pleased” to see the news outlet acknowledge its mistakes.

Biggest Meme Coin ICO Raise in History, Wall Street Memes Presale Ends in Less Than 10 Hours

Several prominent financial institutions have filed for spot Bitcoin products in recent months.