Get $10 for Every 100 Followers!

Don't miss out on this limited-time offer! For every 100 followers you gain, you'll receive $10.

Hurry, the campaign ends without prior notice! Be sure to take advantage before it’s too late.

For more details, check the banner.

I remember the excitement in the market when BlackRock (NYSE: BLK) launched its U.S. spot exchange-traded fund (ETF) linked to Bitcoin (BTC) in January 2024.
After all, the world's largest ***** et manager had decided to launch a Bitcoin product after much hesitation and the move had indicated Wall Street finally embracing cryptocurrency.
Related: BlackRock reveals retail traders' next portfolio move
More than two years have passed since then, and BlackRock's iShares Bitcoin Trust (Nasdaq: IBIT) has accumulated $62.9 billion in net inflow as of Jan. 23, as per the onchain ***** ytics platfo

GameStop has transferred its entire Bitcoin stash to Coinbase Prime, triggering fresh speculation that the video game retailer may be preparing to unwind its short-lived Bitcoin treasury strategy.
Key Takeaways:
GameStop moved its entire 4,710 BTC stash to Coinbase Prime, sparking speculation of a potential exit from its Bitcoin treasury.
If sold near current prices, the company would realize an estimated $75M–$85M loss on its Bitcoin holdings.
The transfer comes as corporate crypto treasury strategies face pressure amid falling digital **** et prices.

https://finance.yahoo.com/...

Sneaker retailer files Chapter 11, closes most of its stores

At some point, sneakers, which used to be solely about athletic performance, crossed over into fashion.
Before his wedding, my brother actually told me that he had to tell his friends they could not wear Jordans with their Hugo Boss tuxedos. Being a little older than the rest of the wedding party, it never occurred to me that sneakers had become so fashionable that some people would wear them in a situation that calls for dress shoes.
Clearly, sneakers have crossed over culturally, with certain models now functioning as luxury i

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) saw $1.4 billion in liquidations over the past week as retail capitulates on altcoins and rotates back into majors.
What Happened: Bitcoin slipped below $85,000 mid-week before grinding back to $90,000 by the end of last week, though it has failed to follow through this week.
Ethereum dropped below $3,000 as liquidations hit $600 million Monday, then another $400 million on Wednesday and Thursday, respectively
The damage was severe but short-

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Bitcoin (CRYPTO: BTC) is down $40,000 from its peak at the start of October.
According to new ******* ysis it wasn’t retail traders or overleveraged longs that did the damage—it was whales who bought around the $126,000 all-time high and panic-sold into $84,000.
Large holders who bought near the top were forced to realize massive losses, creating sustained selling pressure that knocked Bitcoin down 32%.
Don't Miss:

https://finance.yahoo.com/...

Getty Images
Retail crypto's mood is "extraordinarily negative," but institutional investors are "unremittingly bullish," according to Bitwise ******* et Mangement's Matt Hougan.
Amberdata's Greg Magadini expects interest in bitcoin as a "debasement hedge" to pick up next year.
The rise and subsequent retreat of bitcoin perfectly encapsulates the crypto industry's year. It won big—but it doesn't have much to show for it yet.
The price of bitcoin, the world's most well-known cryptocurrency, soared above $126,000, a record, but those gains evaporated and it's poised to finish down for 2025.

Bitcoin dominance continues its relentless climb as markets consolidate into year-end, leaving altcoins trapped under heavy supply pressure and an unforgiving token unlock schedule.
Wintermute’s latest market update confirms what many traders feared. Retail investors are rotating out of altcoins and back into major **** ets, signaling the end of the anticipated altcoin rally that typically follows Bitcoin’s strong performance.
The broader crypto market extended losses over the past 24 hours, with Bitcoin slipping 1.12% below $87,000 and Ethereum dropping 1.5% near $3,000.
Several altcoins s

Bitcoin is trading near $87,550, down roughly 2.6% over the past 24 hours, as short-term sentiment cools across crypto markets. Despite the pullback, the broader structure suggests consolidation rather than collapse. Bitcoin remains the largest digital ***** et by market value, with a capitalization of $1.74 tn, while daily trading volume holds above $42 bn, signaling continued institutional and retail participation.
Market-wide indicators reinforce the cautious tone. The Crypto Fear and Greed Index sits at 29, firmly in “fear” territory, while the Altcoin Season Index reads just 17, undersco

Everyone is talking about a K-shaped economy, in which lower- and middle-income households are increasingly being squeezed by a weakening job market and rebounding inflation.
The backdrop has taken a toll on consumer wallets, shifting spending from discretionary to essential purchases. It's also led to consumers rethinking where they spend their hard-earned money, with an increasing number seeking out retailers with a history of low prices, including discount chains and dollar stores.
Dollar General is one of the leading beneficiaries of this shift in customer behavior, as evidenced by its r

Alongside Walmart and Dollar Tree, value-oriented chain Dollar General just posted one of its strongest quarters in years. And just as with those other retailers, the results point to a consumer economy under significant strain.
The discount giant on Thursday reported almost 5% sales growth to almost $11 billion, with same-store sales up 2.5%. This kind of trade-down activity, which sees shoppers moving from middle-of-the-price-point chains to more value-oriented stores, is often ****** ociated with economic downturns.
In other words, Dollar General's quarter shows that Americans are still b

FDA issues a mass recall of more than 1 million bags of shredded cheese

The Food and Drug Administration has issued a mass recall of more than 1 million bags of shredded cheese sold at major retailers, including Aldi, Publix, Target and Walmart, across 31 states and Puerto Rico.
The shredded cheese manufacturer, Great Lakes Cheese Co. of Hiram, Ohio, initiated the voluntary recall, saying the products may be contaminated with metal fragments, which may cause internal injuries if consumed.
The FDA rated the recall as a Class II, which means the product could “cause temporary or medically r

Ukraine’s evolving plastics rules amid the ongoing war

Even as the Russia-Ukraine war continues to place extraordinary pressure on the country’s economy and infrastructure, Ukraine has pressed ahead with modernising its plastics and packaging laws.
The government’s commitment to aligning with European Union standards has not slowed; if anything, it has accelerated as Ukraine positions itself for closer EU integration and looks to rebuild its industries on more sustainable foundations.
For packaging producers, retailers and importers, this means navigating a regulatory landscape shaped not

Bitcoin briefly plunged below $87,000, wiping out a week’s gains in one session.
The fast selloff triggered $400 million in liquidations within just 60 minutes and pushed the global crypto market capitalization down 4% to $3.04 trillion. Trading activity surged as both retail and institutional investors reacted swiftly to price pressure.
Liquidations surged across leveraged positions, reflecting the speed of the downturn. Market data noted $400 million liquidated in just one hour. This rapid wave of losses highlights the risks for traders during sharp price moves.
Trading volume spiked to o

The so-called Costco Effect is a phenomenon that boosts the wages of local economies as companies aim to compete with Costco's (NASDAQ:COST) wages, as defined by the "Micro" YouTube channel.
"Surrounding businesses raise wages up to 40% more," the video said.
Costco's ability to help local businesses is shocking when you compare it to Walmart (NYSE:WMT). While "Micro" discusses the Costco Effect, it also touches upon the Walmart Effect, which demonstrates how a big box retailer can destroy a local economy.
Don't Miss:
Fast Company Calls It a ‘Groundbreaking Step for the Creator Economy' —

Black Friday retail sales soared this week with billions of dollars spent despite a jittery economy, prompting President Donald Trump to celebrate the “Trump ******* p.”
Savvy shoppers in the U.S. spent a record $11.8 billion online on the year’s biggest shopping day, jumping up 9.1 percent from 2024, according to Adobe ******* ytics, which tracks e-commerce sales.
U.S. shoppers also spent more in the days leading up to Black Friday, with a record-setting $6.4 billion on Thanksgiving, up from $6.1 billion in 2024.
Top areas that saw an uptick in sales include video games and consoles, elect

By Matt Tracy
Nov 30 (Reuters) - President Donald Trump has commuted the seven-year sentence of former GPB Capital Holdings CEO David Gentile, with a ‌White House official on Sunday countering the claims at trial brought by the Biden ‌administration that led to Gentile's conviction last year.
Founded in 2013, GPB Capital Holdings used investor funds to take stakes in automotive, retail and other types of companies. It paid out regular ⁠annual distributions to investors ‌from returns on these holdings.
Former President Joe Biden's Department of Justice convicted then-CEO Gentile of securitie

US retail sales on Black Friday, the busiest shopping day of the year, climbed 4.1% compared with last year, according to data released Saturday by Mastercard SpendingPulse. Online shoppers alone spent $11.8 billion, up 9.1% from 2024, according to data collection platform Adobe **** ytics.
But those gains don’t account for higher prices due to inflation, so actual spending could be flat.
“We have 3% inflation, so maybe (the 4.1% increase in spending) is a real increase of just 1% or so, which is not that much of an increase,” Rick Newman, who writes The Pinpoint Press, a newsletter on the U

Electricity prices hit record high — and it's set to get even worse

The average retail price for electricity gained 7.4% in September to a record 18.07 cents per kilowatt-hour, the biggest gain since December 2023, according to data released Tuesday.
(Bloomberg) -- American households are paying more than ever before for electricity after prices surged the most in almost two years, according to the US Energy Information Administration.
Most Read from Bloomberg
Despite Star Architect’s Alleged Misconduct, New Harlem and Princeton Museums Shine
High-Rises Are Changing the Slovak Capital o

US retail sales slowed in September as investors got the first official glimpse of consumer spending in two months on Tuesday morning after the government shutdown halted a wide swath of economic data.
Headline retail sales climbed 0.2% in September, below economists' expectations of a 0.4% month-over-month increase. By comparison, sales rose 0.6% in August, according to Census Bureau data.
The control group, which excludes several volatile categories and factors into the gross domestic product (GDP) reading for the quarter, decreased 0.1% following a 0.6% gain in August. Economists polled b

A slew of earnings reports from some of America's biggest retailers this week showed the industry, like consumers visiting their stores, splitting into a series of winners and losers.
Retailers that are leaning into value and low prices reported strong results and were rewarded by investors as a K-shaped economy pushes consumer sentiment to near-record lows. Investors more harshly judged companies that reported flagging sales in their latest quarter.
"Higher-income households will keep spending, but middle- and lower-income shoppers are feeling the squeeze, pushing them toward discounters li

Buying Bitcoin now is like trying to catch a falling knife. For all that’s clear, sentiment is in tatters. Crypto has been in turmoil for the past few weeks.
After Bitcoin crashed below $100,000, it has been a one-way trip. There have been dead cat bounces here and there, but sellers are pretty much in charge.
Following the dip below $90,000, the total crypto market cap is below $2.9 trillion. What’s more? As retailers dump, there is a clear rotation to stablecoins. The Bitcoin and Ethereum dominance is falling, while that of stablecoins like USDT has increased over the last week of trading.

Bitcoin (BTC) whale Owen Gunden has sold his entire holdings.
The eighth richest crypto holder in the world has unloaded roughly $1.3 billion worth of BTC over the past month as retail sentiment plunges.
Blockchain data from Arkham shows the wallet attributed to Gunden transferred his final 2,499 BTC, worth $228 million, to Kraken on Nov. 20.
The move completes a full liquidation of 11,000 BTC since Oct. 21.
Gunden’s exit comes as Bitcoin trades under heavy pressure, with market conditions deteriorating.

https://finance.yahoo.com/...

Bitcoin whale Owen Gunden dumps entire $1.3B stack as institutions tighten grip

Bitcoin OG Owen Gunden sells $1.3 billion in BTC as retail panic grows, while institutional ownership of Bitcoin ETFs climbs to 40% despite market fear.
Owen Gunden, one of the richest early Bitcoin holders, has sold his entire Bitcoin position as retail investors flee the market and institutions continue increasing their share of spot Bitcoin exchange-traded funds.
The wallet tagged as Owen Gunden by blockchain data platform Arkham transferred his last 2,499 Bitcoin
BTC
$89,413
worth $228 million to crypto

This article first appeared on GuruFocus.
Bitcoin's (BTC-USD) latest slide has pushed the crypto market into a new, uneasy chapter, with the world's largest token sinking to $88,522 before a tentative rebound early Thursday. The move extends a wipeout of more than $1 trillion across digital ***** ets and has left investorsfrom retail dip-buyers to digital-asset treasury firmstrying to make sense of a market that has lost two of its earlier pillars: expectations of Federal Reserve rate cuts and hopes of sustained institutional adoption. A stronger revenue outlook from Nvidia (NASDAQ:NVDA) help

How Target's new CEO plans to overhaul your shopping experience

Brian Cornell effectively signed off to Wall Street on Wednesday.
It felt something like a bittersweet goodbye for Cornell, who after 11 years as Target Corp.’s chief executive officer will pass the torch to Michael Fiddelke in February.
More from WWD
Target Plans to Spend Another $1B on Merchandising, Store Experience Next Year
From Fertility Supporting Lubricant and Libido-enhancing Supplements to Retail Commitment and Brand Expansion, Women's Wellness Is Broadening

https://www.yahoo.com/fina...

Middle-class shoppers are pulling back, sending alarms through the retail industry

Home Depot missed forecasts as middle-class shoppers pulled back on big projects.
Milder weather and housing pressures hit demand for home improvement supplies.
One ******* yst warned the consumer backdrop is going from "from soft to softer" heading into winter.
Home Depot just became the latest major retailer to warn that the slowdown in consumer spending is spreading.
The home improvement cut its full-year outlook on Tuesday, reporting weakening sales growth for Q3.

https://www.yahoo.com/fina...

Target warns of tepid holiday season as consumers battle through affordability crisis

Target (TGT) has consistently delivered on one thing in 2025: Serving up brutal warnings about its business on earnings days.
The discount retailer cut its full-year profit guidance on Wednesday and warned of a tepid holiday season as strapped consumers battle through an affordability crisis for food, healthcare, and housing.
"Many of the themes remain largely consistent with what we've shared in prior quarters. Guests are choiceful, stretching budgets and prioritizing value. They're spending where it ma

Target (TGT) has consistently delivered on one thing in 2025: Serving up brutal warnings about its business on earnings days.
The discount retailer cut its full-year profit guidance on Wednesday and warned of a tepid holiday season as strapped consumers battle through an affordability crisis for food, healthcare, and housing.
"Many of the themes remain largely consistent with what we've shared in prior quarters. Guests are choiceful, stretching budgets and prioritizing value. They're spending where it matters most, especially in food, essentials, and beauty," Target chief commercial officer

Large Bitcoin holders have increased their positions to a four-month high of 1,384 wallets holding at least 1,000 BTC. At the same time, retail investors with 1 BTC or less dropped to an annual low of 977,420.
This divergence highlights a recurring pattern: experienced whales accumulate during downturns, while smaller holders exit in fear.
According to Glassnode data, wallets holding at least 1,000 BTC rose to 1,384 this week from 1,354 three weeks ago—a 2.2% increase. This count is the highest for large holder wallets in four months, suggesting renewed confidence among institutional and hig

This article first appeared on GuruFocus.
Bitcoin (BTC-USD) didn't just slip below $90,000 it yanked global markets into a sharper downdraft, unsettling investors who were already uneasy ahead of Nvidia (NASDAQ:NVDA)'s earnings and shifting expectations for US rate cuts. The cryptocurrency fell as much as 2.8% before trimming part of the loss, but according to Fidelity International's Joseph Zhang, the broader decline across ***** ets over the past week could be tied to spillover from crypto. Some strategists warned that the drop may prompt retail traders to sell other holdings to meet margin