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Why Did XRP See a 4% Drop This Weekend?
Yahoo Finance· 2026-02-23 19:58
Among the leading cryptocurrencies investors pay close attention to, XRP (CRYPTO: XRP) has seen significant volatility build over the past weekend. As of 2:00 p.m. ET Monday, XRP has dropped 4.2% from Friday at 4:00 p.m., though this decline was closer to 6% earlier this morning. Much of this recent move is driven by overall market momentum, as other mega-cap tokens declined on the day. That said, there have been some positive catalysts for XRP investors worth exploring as potential drivers of this digita ...
Bitcoin falls to nearly $64,000 as 2026 crypto woes continue
CNBC· 2026-02-23 14:52
Bitcoin was last down more than 2% at $65,836.68 at 9:40 a.m. ET.The token traded as low as $64,830 early as it continued a nearly 5% slide that began a day earlier. Over the weekend, that decline brought the digital asset to $64,324 at its nadir, marking its lowest level since Feb. 6 when it hit $60,062.The world's oldest cryptocurrency has taken a dive, particularly as geopolitical and macroeconomic uncertainties spark investors' flight from risk-on investments. Last week, U.S. President Donald Trump said ...
Dominion Energy forecasts annual profit below estimates, raises spending plan
Reuters· 2026-02-23 13:54
Core Viewpoint - Dominion Energy forecasts annual profit below Wall Street expectations while increasing its five-year capital spending plan by nearly 30% to meet rising electricity demand [1] Group 1: Financial Forecasts - Dominion Energy expects fiscal 2026 operating earnings of $3.45 to $3.69 per share, with the midpoint below analysts' average estimate of $3.60 [1] - The company's fourth-quarter operating expenses rose nearly 11% to $3.33 billion compared to the previous year, impacting overall financial performance [1] - Dominion's adjusted profit for the quarter ended December 31 was 68 cents per share, slightly exceeding estimates of 67 cents [1] Group 2: Capital Expenditure Plans - Dominion plans to spend $64.7 billion on capital investments from 2026 through 2030, an increase from its prior budget of $50.1 billion through 2029 [1] - The utility has contracted nearly 48.5 gigawatts of data center capacity as of December, reflecting a 1.4 GW increase since September [1] Group 3: Market Context - U.S. utilities, including Dominion, are increasing capital expenditure budgets due to extreme weather conditions and rising demand for new power capacity from data centers, particularly those focused on artificial intelligence and cryptocurrency [1] - Dominion serves the world's largest data center market, which exceeds the combined capacity of the next five largest markets in the U.S. [1]
Outflows Streak Hits Week Five: US$288M Exodus Drags Crypto Funds Deeper into the Doldrums
Yahoo Finance· 2026-02-23 13:32
Key Takeaways Crypto investment funds saw $288 million in outflows last week, marking the fifth consecutive week of net selling and pushing year-to-date outflows to $4 billion. U.S. investors led the exodus with $347 million withdrawn, while Europe and Canada showed modest inflows of $59 million, highlighting a clear regional split in sentiment. Bitcoin funds recorded the largest outflows at $215 million amid very low trading volumes of $17 billion, the weakest since July 2025, signaling growing investo ...
XRP Price Breakdown Makes Bears Cheer, But Are They Missing the $1.28 Trap?
Yahoo Finance· 2026-02-23 13:00
XRP price has entered a critical phase after falling more than 5% in the past 24 hours and confirming a bearish head-and-shoulders breakdown on the 8-hour chart. This move has strengthened bearish sentiment across derivatives markets, where traders are increasingly positioning for further downside. Yet beneath this pessimism, several on-chain signals suggest the breakdown may not be as straightforward as it appears. XRP Pattern Breakdown Draws Bears, But Is the Space Overcrowded? The confirmed head-and ...
Crypto Funds See $288 Million in Outflows Amid US-Europe Divide
Yahoo Finance· 2026-02-23 11:40
Digital asset investment products recorded $288 million in net outflows for the week ending February 21, marking the fifth consecutive week of negative crypto fund flows. This brings cumulative outflows over five weeks to $4 billion. While the pace of withdrawals is significant, it remains below the $6 billion lost over the same period last year, suggesting a more measured market adjustment rather than panic selling. Crypto Outflows Show Divergence as US Investors Lead the Retreat Trading volumes also r ...
Jim Cramer Says Cryptos Are 'Getting Slaughtered,' Dismisses Bitcoin As Iranian War Hedge
Yahoo Finance· 2026-02-21 23:31
Group 1: Market Trends and Investment Opportunities - The potential for a sustained air war has positively impacted defense equities, with companies like Karman Holdings Inc and Kratos Defense & Security Solutions Inc experiencing significant gains as the market predicts a 48% chance of regime change in Tehran by September [1] - Amidst fiscal and military instability, capital has shifted from digital assets to traditional gold, indicating a lack of confidence in cryptocurrencies as a store of value [2][4] - Rad AI offers an investment opportunity in the AI sector at $0.85 per share, allowing investors to diversify into early-stage AI innovation [6] Group 2: Cryptocurrency and Market Sentiment - Jim Cramer has expressed skepticism about Bitcoin's role as a safe-haven asset, particularly in light of rising tensions between the U.S. and Iran [4][2] - The current market sentiment reflects a significant decline in cryptocurrencies, with Cramer noting that they are "getting slaughtered" [2][4] Group 3: Diversification Strategies - Investors are encouraged to build resilient portfolios by diversifying across various asset classes, including real estate, fixed-income opportunities, and alternative investments [5] - Platforms like Arrived Homes and Lightstone provide accessible real estate investment options, allowing investors to diversify without direct property management [7][9]
Better Data Center Stock: Applied Digital vs. Riot Platforms
The Motley Fool· 2026-02-21 00:30
Data centers are popping up across the country to handle AI demand. Which of these two stocks has greater upside?As the demand for artificial intelligence (AI) compute has increased exponentially, so has the need for massive data centers to process all that data at high speeds. It has led to a boom in not just the chips and AI infrastructure that processes that data, but also in the construction and development of actual data centers.Applied Digital (APLD 7.90%) and Riot Platforms (RIOT 3.33%) are both data ...
Bit Digital (BTBT)’s January Ethereum Treasury Numbers Reflect Both Volatility and Size Risk
Yahoo Finance· 2026-02-20 17:00
Bit Digital, Inc. (NASDAQ:BTBT) is one of the 7 most volatile stocks under $5 for day trading. Bit Digital (BTBT)’s January Ethereum Treasury Numbers Reflect Both Volatility and Size Risk Bit Digital, Inc. (NASDAQ:BTBT), on February 6, 2026, released January Ethereum treasury numbers, which reflect both volatility and size risk. On January 31, 2026, Bit Digital, Inc. (NASDAQ:BTBT) had 155,239.4 ETH, which was worth around $380.2 million at a closing price of $2,449, compared to an average acquisition co ...
Bitcoin vs. Ethereum: Which Is the Smarter Buy for 2026 and Beyond?
Yahoo Finance· 2026-02-20 16:30
Core Insights - Bitcoin and Ethereum have both experienced a 30% decline in value over the past year due to high Treasury yields, expectations of slower monetary easing, reduced institutional interest, and leveraged liquidations [1] Group 1: Differences Between Bitcoin and Ethereum - Bitcoin utilizes a proof-of-work (PoW) consensus mechanism, requiring significant energy for mining, while Ethereum transitioned to a proof-of-stake (PoS) mechanism in 2022, allowing for staking and the development of decentralized applications [2] - Bitcoin has a supply cap of 21 million tokens, with nearly 20 million already mined, and undergoes a "halving" every four years, enhancing its scarcity value [3] - Ethereum has a circulating supply of 121.6 million tokens without a maximum limit, with new tokens created through staking and excess tokens periodically burned to manage supply [4] Group 2: Investment Considerations - Both Bitcoin and Ethereum are considered more conservative investments compared to smaller altcoins, supported by their own spot price ETFs; however, Ethereum is favored for its clearer growth catalysts [5] - The Ethereum Foundation plans significant upgrades to enhance scalability, reduce network congestion and gas fees, and improve overall efficiency, which may strengthen Ethereum's position among developer-oriented blockchains [6]