Bitcoin Cash (BCH) Surges Ahead of Hardfork, Goldman Sachs Onboards Crypto Clients

Here’s a summary of what’s been going on in the cryptocurrency market in the past few days. News includes:

  • Bitcoin Cash (BCH) surging over 20 percent ahead of the hardfork.
  • Goldman Sachs to expand its crypto exposure.
  • Coinbase to add Basic Attention Token (BAT).

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Bitcoin Cash (BCH) Surges Over 20% Ahead of Hardfork

First off Bitcoin Cash (BCH) became the king of top 100 cryptocurrencies as it surged over 20% on Sunday. The gains were potentially driven by the upcoming hardfork which is scheduled for November 15th. On that day at around 4:40 PM GMT, the Bitcoin Cash blockchain will split into Craig Wright’s nChain implementation and Bitmain’s Wormhole. Furthermore, Binance, the largest cryptocurrency exchange by trading volume, said it’s going to “support the upcoming bitcoin cash hard fork,” an announcement which added fuel to the already flaming support of the hard fork.

Goldman Sachs Onboards Clients for Future Crypto Products

Besides Bitcoin Cash, many other digital currencies saw gains last week throughout the weekend. Some of the fundamentals behind the gains may have been Goldman Sachs further foray into the industry. It’s reportedly onboarding clients for future crypto products.

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While the details are not finalized, the giant investment bank plans to roll out its bitcoin non-deliverable future contracts (NDF), a derivative product pegged to futures. According to sources, this service may allow investors to take a short-term position in Bitcoin even though the government may not allow such activities to be done on exchanges. Goldman Sachs is reportedly studying whether or not the industry needs a crypto NDF contract as a whole. 

Coinbase to Accept Basic Attention Tokens, BAT

In other news, one of the U.S. based largest crypto exchanges, Coinbase announced on Friday that it’ll begin accepting Brave’s Basic Attention Tokens, BAT. Coinbase is famous for creating a positive buzz everytime it adds support for new tokens. However, while BAT saw moderate gains on Friday and Saturday following the announcement, it actually dropped by 1.5% by the end of Sunday’s New York trading session.

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Basic Attention Token is ranked 30 in terms of coin market cap, with a circulating supply of 1 billion and a total supply of 1.5 billion BATs. Bitcoin and Tether were among other cryptocurrencies that saw moderate drops in an otherwise surging market. We have a brand new week in November ahead of us so invest responsibly and subscribe to get more updates! Remember that as the 4th point of the IDDA technique, you must calculate your risk tolerance before deciding on the investment strategy that is suitable for your portfolio.

Don’t forget to complete your risk management due-diligence before developing your investment strategy.

Invest responsibly,

Kiana

CrowdStrike Stock (CRWD): The Move No One Is Talking About But Everyone Should Watch

CrowdStrike is one of the biggest names in cybersecurity. They protect computers, cloud systems, and now even AI models. The company keeps growing fast, keeps making moves with giants like Nvidia and Google, and keeps expanding its platform into places most investors are not watching yet.

That is why this blog exists. There is a lot happening behind the scenes with CrowdStrike. Some of it is obvious. Some of it is quiet. Some of it could shape the future of the stock in bigger ways than the headlines show.

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Nvidia (NVDA) $5 Trillion Milestone Is Still Shaking Up Wall Street – Is This The Peak Of The AI Boom Or Just The Beginning?

After a period of unstoppable momentum, Nvidia (NVDA) is once again dominating headlines – and it’s no wonder Wall Street can’t look away. Once known primarily for gaming graphics, Nvidia has transformed itself into the beating heart of the AI revolution.

Its playbook, centered on innovation, scale, and ecosystem control, has turned the company into one of the most valuable and influential forces in tech history. But as investors cheer its meteoric rise, the question now looms: is Nvidia reaching new heights of sustainable growth, or is it flying too close to the sun?

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Netflix Stock (NFLX): Exciting 10:1 Split. Not-So-Exciting Earnings. What’s Under The Surface?

Netflix is one of the most recognizable companies in the world. It has a massive audience, strong brand awareness, and a long history of reshaping how we watch TV. Recently, Netflix announced a 10:1 stock split. A split does not change the value of the company, but it lowers the price per share and often makes the stock feel more accessible to everyday investors.

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Beyond Meat Stock (BYND) $900 Million Debt Deal News: Lifeline Or Last Gasp Before Collapse?

After months of steep declines and fleeting meme-fueled rallies, Beyond Meat (BYND) is once again in the spotlight – this time for its massive $900 million debt-for-equity deal. Once celebrated as the face of plant-based innovation, the company now finds itself fighting for survival amid collapsing sales, widening losses, and a heavily diluted shareholder base.

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Ferrari Stock (RACE) Plunged Hard. Is It A Short-Term Drop Or A Long-Term Decline?

Ferrari. A name that evokes speed, luxury, and precision.
But lately, its stock has been running into some rough turns.

After hitting record highs earlier this year, Ferrari’s share price took a sharp dive following its Capital Markets Day. Investors were caught off guard. Expectations were sky-high, and the company’s updated targets didn’t quite match the market’s adrenaline.

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