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Crypto catalysts: What could spark the next rally?
Yahoo Finance· 2025-11-13 22:15
Market Trends & Price Movements - Bitcoin experienced a 22% decrease from its all-time high in October [1] - Ethereum is down 35%, and Solana has decreased by half [4] - Crypto market experienced a flash crash on October 10th, leading to about a quarter of crypto market makers going out of business [5] - Bitcoin's year-on-year return is estimated to be 35-40% [3] Regulatory Landscape - Potential signing into law of the Clarity Act could create a regulatory framework for crypto [7] - IRS provided clarity on tax issues around crypto [34] Investment Strategies & Opportunities - Dollar cost averaging into volatile assets like Bitcoin is considered a smart approach [4] - Galaxy Digital is a top pick, offering exposure to both institutional crypto platform and AI data center opportunities [19][20][22] - Robin Hood is viewed as a "killer app" with potential to 10x the company's revenue, targeting a $600 billion plus TAM [24][25] - Affirm is favored due to its unlimited total addressable market (TAM) in credit [27] - eToro is considered a value play with a stronger moat and lower valuation compared to Robinhood [28] Risks & Concerns - Market timing is identified as a significant risk for crypto investors [35] - Circle (USDC) is rated as a sell due to concerns about its valuation and the competitive stablecoin market [29][30][31] - The possibility of Bitcoin going to zero is considered unlikely due to its computational complexity and widespread adoption [18] Institutional Adoption & Ownership - Bitcoin ownership is shifting towards institutional investors, with ETFs contributing to retail ownership through an institutional wrapper [36][37] - Roughly 50% ownership of Bitcoin is estimated to be institutional versus retail [37] AI & Crypto Intersection - Energy is a key common denominator between AI and crypto, with companies like Galaxy Digital and Hut 8 leveraging energy assets for both Bitcoin mining and AI data centers [38][39] Future Outlook - Official price target for Bitcoin is close to $150,000 by 2027 [10] - Bitcoin will be a larger asset class than gold by the year 2035 [11]
Bitcoin's journey to quickly becoming the 'greatest asset of our time': Eric Trump
Yahoo Finance· 2025-11-13 21:30
Company Overview - American Bitcoin Corp (ABTC), led by Eric and Donald Trump, Jr, launched on Nasdaq in September [1] - The company aims to increase its bitcoin (BTC-USD) holdings through crypto mining [1] Leadership & Strategy - Eric Trump is the co-founder and chief strategy officer of American Bitcoin [1] - Asher Genoot, also the CEO of bitcoin miner Hut 8 Corp, serves as executive chairman [1] Industry Focus - Discussions involve the transformative power of the crypto asset class [1] - Topics include the relationship between Genoot's mining sites and AI data centers [1] - The state of the crypto space under President Trump's second term is also a point of discussion [1]
Eric Trump laughs off bitcoin sell-offs.
Yahoo Finance· 2025-11-13 20:45
the crypto industry is it's still volatile and look we're right in the middle of a the latest selloff in bit Bitcoin. What do you think about this sell-off and what do you tell your investors and contacts when prices do come off the highs like this. >> I laugh honestly Brian I like I I literally laugh because it's it's almost like not a serious question.Bitcoin exactly 2 years ago today was at 36,500 and what are we sitting at. You know 102 103 105 we're dancing in that region. We were at you know well over ...
Money choices: How to invest for retirement, choose a credit card, and pay off student loans
Yahoo Finance· 2025-11-13 20:26
This is Ask Yahoo Finance Anything, and we mean anything. I'm here with a powerhouse panel ready to answer your personal finance questions. Jeffrey Levine is Focus Partners Chief Planning Officer. Rian Han is founder and CEO of retirement platform Silver, and Lzetta Rainey Braxton is founder and CEO of Lzetta and Associates. You've sent in questions on student loans, retirement, credit cards, even buy now pay later. And we've got answers to help you get your finances in order. And reaching that goal often s ...
Bitcoin's decline doesn't phase Kraken's co-CEO: Here's why
Yahoo Finance· 2025-11-13 20:22
Crypto exchange Kraken will be marking its 15th anniversary in 2026, making it the veritable granddaddy in this still young industry. The market has gotten a lot more crowded in that time and more established. With more on where the industry is going from here, we're joined by Arjun Si.He is Kraken co-CEO. Thanks for being here, Arjun. >> Thanks for having me.>> I do want to ask about price first because there is some interesting price action today. We've seen Bitcoin fall below a 100,000. How closely do yo ...
Looking ahead to where the economy and markets are heading in 2026
Yahoo Finance· 2025-11-13 19:46
Josh Lipton sits down with ADP chief economist Nela Richardson, Truist chief investment officer and chief market strategist Keith Lerner, and People Inc. chief business editor Caleb Silver to look at the current state of the market and what investors should look forward to heading into 2026. How excited are investors about the potential of AI? And what will the economy look like if there are additional rate cuts next month? For full interviews, highlights, and key insights, check out more from Yahoo Finance ...
Pfizer CEO: RFK Jr. "clearly" was not his HHS Secretary choice
Yahoo Finance· 2025-11-13 19:16
lots of focus on uh Mr. . Mr. . uh Kennedy and his views on on vaccines.Those views do they provide any long-term risk to a business like Fiser. >> Not long term because we are not going to go back to past times, right. Vaccines have saved the world and we'll continue doing that in the long term is the most cost effective uh medical healthcare intervention.Now I interacted a lot with Bobby Kennedy and the secretary. Clearly that was not going to be my choice for it's a secretary but it's not my choice. It i ...
How retail investors are redefining stock trading with Dan Ives and Eric Jackson
Yahoo Finance· 2025-11-13 18:19
Retail Investor Influence - Retail investing flows have increased by approximately 50% from 2023 to early 2025, indicating significant growth in retail investor activity [1] - Retail investors are becoming a powerful and disruptive catalyst in the market, moving from the sidelines to a position of influence [1] - Traditional finance may underestimate retail investors, sometimes viewing them as less informed or "dumb money" [3][4] - Some companies are now actively trying to attract retail investors, recognizing their growing importance [6] - Retail investors are increasingly informed, with some demonstrating a deep understanding of companies and investment theses [9][12] Specific Company Examples - Palantir, Robinhood, and Tesla are highlighted as examples where retail investors have played a significant role [9] - Open Door is mentioned as a company where retail investor interest and advocacy have been notable [5][13][16][17] - Carvana's recovery from $3.50 to over $400 is cited as a successful investment identified by AI models, inspiring the search for similar opportunities [13][15] Investment Strategies and Challenges - Controlling emotions is crucial for retail investors, especially during periods of market volatility [20][21] - Identifying potential "100 baggers" is a goal for some investors, leading them to explore opportunities beyond mainstream stocks [15] - The fear of missing out (FOMO) can drive retail investor behavior, as seen in the interest in finding the "next Carvana" [16]
How to invest in AI with 3 top Wall Street insiders
Yahoo Finance· 2025-11-13 18:15
The AI trade has powered markets for nearly two years now, fueling trillion dollar valuations and reshaping entire sectors from semiconductors to cloud infrastructure. We hit the streets to get Americans take on AI and how it affects their lives. >> Are you afraid of AI taking your job.>> I think AI is coming and it's going to be used in ways that are good, but also possibly ways that are harmful. I do see where it's being supplemented. um for things writing emails, writing proposals and contracts.So I coul ...
Pfizer CEO: AI will help with medicine's next big breakthrough
Yahoo Finance· 2025-11-13 18:07
Strategic Acquisitions & Market Expansion - Pfizer is acquiring weight loss drug startup Metsera for $10 billion [1] - The acquisition of Metsera aims to enter the obesity market in Europe, China, US, and Japan [6] - Pfizer plans to invest heavily to win in the obesity space and develop treatments for related comorbidities [9][10] Drug Development & Innovation - Metsera's portfolio includes a weekly GLP-1, a monthly GLP-1, a monthly amylin injection, and a combination of monthly amylin and GLP-1 [6] - Metsera is developing oral amylin and GLP-1 peptides with improved formulation, eliminating the need for empty stomach administration [7] - Pfizer anticipates launching new obesity products as early as 2028 [8] Drug Pricing & Accessibility - Pfizer partnered with the federal government to extend most favored nation pricing to Medicaid recipients, aiming to lower drug costs [1] - The company is working to address the discrepancy in drug pricing between the US and other affluent countries [13] - High deductibles and out-of-pocket co-pays contribute to high drug prices for US consumers [14] Manufacturing & Investment in the US - Pfizer is investing $70 billion in the US over the next 3-5 years, focusing on manufacturing and research [22] - The company will build manufacturing capacity for Metsera in the US to produce obesity drugs domestically [22] - Pfizer has 11 manufacturing sites and two logistics centers in the US and does not rely on imports or exports from China [22] Artificial Intelligence in Medicine - AI is expected to have a profound impact on medicine, particularly in target identification and drug design [23][25][26] - AI can accelerate drug discovery and development by designing molecules and predicting their behavior in terms of toxicology and pharmacokinetics [26][27] - Pfizer is integrating AI into its processes and operations, training employees to utilize AI effectively [24]