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Bitcoin Hits New Highs: 6 Reasons Why the ETF Rally Could Continue
ZACKS· 2025-07-11 12:16
Bitcoin soared to a new all-time high on July 11, 2025, surpassing $117,000, driven by bullish momentum in risk assets. This rally mirrors the rise of tech giants like NVIDIA (NVDA) , which recently hit a $4 trillion valuation, highlighting Bitcoin's ongoing correlation with tech.As the Nasdaq Composite hit record levels and the S&P 500 followed closely behind, Bitcoin also benefitted from favorable policy signals and tightening supply. No wonder, Bitcoin-based exchange-traded fund iShares Bitcoin Trust ETF ...
X @Decrypt
Decrypt· 2025-07-11 12:13
Bitcoin ETFs Post Second-Biggest Day Ever: Why It Matters► https://t.co/86xJN3B0wI https://t.co/86xJN3B0wI ...
Better Fintech Stock: Block vs. SoFi Technologies
The Motley Fool· 2025-07-11 12:05
Core Insights - Investing in the intersection of financial services and technology presents significant growth opportunities for companies like Block and SoFi [1] Group 1: Block - Block, originally known as Square, has evolved from a small credit card reader provider to a comprehensive financial services company, handling $54 billion in gross payment volume in Q1 [3] - The Cash App platform, which serves as a personal finance tool, ended Q1 with 57 million monthly active users and offers various services including direct deposit and Bitcoin trading [4] - Despite strong growth in gross profits, Block's CEO has shifted focus towards Bitcoin, developing a hardware wallet and crypto mining equipment, which could enhance business if Bitcoin adoption increases [5][6] Group 2: SoFi - SoFi has established itself in the financial services sector by focusing on innovation and a strong user experience, currently boasting 10.9 million customers, more than tripling since the end of 2021 [7][8] - The company's revenue surged 20% year-over-year in Q1 to $772 million, with significant growth in financial services, where revenues more than doubled [9] - SoFi has transitioned from posting net losses to reporting positive net income, with expectations for rapid profit growth in the coming years [10] Group 3: Stock Performance - Over the past year, Block's stock price has increased by 4%, while SoFi's stock has surged by 211% [11] - Block's business growth has been notable despite macroeconomic challenges, while SoFi continues to demonstrate solid financial performance and improving profitability [12]
X @Ash Crypto
Ash Crypto· 2025-07-11 12:04
I have $270,000 USDC in my accountwhich altcoins i should buy ? https://t.co/nwZAHkKzal ...
X @Bankless
Bankless· 2025-07-11 12:00
Market Trends & Sentiment - Bitcoin reached a new all-time high, driving increased interest in Ethereum [1] - Ethereum sentiment is exploding, with ETH treasury firms stockpiling billions and Fidelity framing ETH as a store-of-value [1] - Mainstream media is finally paying attention to Ethereum [1] Key Events & Developments - An ICO will kick off this weekend [2] - Hyperliquid is outperforming Solana [1][2] - Robinhood is pushing tokenized stocks [1] - Prediction markets are facing a credibility crisis [1] - Jack introduced a decentralized messaging system without internet [2] Financial Figures & Investments - An $8.6 billion Bitcoin whale awakening was observed [1] - Pump's ICO is valued at $4 billion [1]
X @s4mmy
s4mmy· 2025-07-11 11:43
As Bitcoin hits price discovery it's important to pay attention to the coins showing strength.Nansen 24-hour net inflows show that AI tokens continue to run hard as majors break:i) @virtuals_io : ACP + Decentralized Governance.Once again 7-figure net inflows and top of the leaderboard as ACP gathers momentum.The first phase of governance proposals passed highlighting an engaged veVIRTUAL holder base.Expect more to come as innovative teams launch agents to disrupt their respective industries, and bolster the ...
Bitcoin Breaks Out, Ethereum Gains Momentum
CNBC Television· 2025-07-11 11:32
what is going on. I think it's also kind of interesting. We're seeing Bitcoin hit new records and the dollar actually kind of reversing its pattern all year long and the dollar moving higher at the same time.I don't think that normally happens, does it. They are each other's inverse. What is interesting about this Bitcoin rally is it is not like the blip that we saw on May 22nd when it hit its um previous all-time high.Uh this one looks like it does have a lot of staying power. It began in the middle of the ...
X @Decrypt
Decrypt· 2025-07-11 11:09
Bitcoin Price Reaches Pivotal Moment—Is $120K Next?► https://t.co/LeDJCVksv8 https://t.co/LeDJCVksv8 ...
X @Bloomberg
Bloomberg· 2025-07-11 10:56
As equities markets wobble in the face of a fresh tariff onslaught from US President Donald Trump, Bitcoin bulls are positioning for a fresh rally https://t.co/SfjMqCVqJ3 ...
X @Ash Crypto
Ash Crypto· 2025-07-11 09:57
🚨REMINDER:$5,101,900,000 WORTH OF BITCOIN AND ETHEREUM OPTIONS WILL EXPIRE TODAY. ...