sixday

BlackRock buys $1.4B Bitcoin over six-day streak amid ETF boom

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BlackRock buys $1.4B Bitcoin over six-day streak amid ETF boom

ETF issuer and asset management firm BlackRock is expanding its Bitcoin portfolio with billions of dollars in fresh investments. According to Arkham Intelligence data, on June 17, BlackRock purchased $250 million worth of Bitcoin (BTC). The acquisition is part of a broader accumulation streak that has now spanned six consecutive days, bringing the firm’s total … Read more

Dow drops 115 points as S&P 500’s six-day rally ends

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DOW Jones up 140 points on retail spending figures and Wallmart price hike warning

Wall Street’s momentum stalled Tuesday as investors pulled back from tech stocks and rising bond yields renewed pressure on equities. The Dow Jones Industrial Average fell 114.83 points, or 0.27%, while the S&P 500 dipped 0.39%, ending a six-day winning streak.  The Nasdaq Composite slid 0.38% as chipmakers and megacaps retreated, led by losses in … Read more