SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time.  Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence. Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count.  Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon.  In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense.  XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.

Ripple

XRP is seeing active discussion around a recent dip, with some community members viewing it as a buying opportunity, while others express frustration with its price action relative to Bitcoin and other cryptocurrencies. Concerns about market manipulation and the long-term potential of XRP are also being debated, alongside the anticipation for upcoming ETF decisions.

Bitmine Immersion Technologies, Inc. is a blockchain technology company, which engages in industrial scale digital asset mining, equipment sales, and hosting operations. It operates through the Cryptocurrency Mining Industry segment. The company was founded on August 16, 1995 and is headquartered in Las Vegas, NV.

BitMine Immersion Technologies Inc

Bitmine Immersion Technologies Inc

Bitmine Immersion Technologies (BMNR) is trending due to a registered direct offering priced at a premium, leading to discussions about its valuation and relationship with Ethereum's price movements. The community is actively debating whether the offering is a strategic move to increase ETH holdings at a discount and how it might impact the company's net asset value (NAV). Some investors view the dip as a buying opportunity, while others express concerns about potential dilution and the influence of figures like Tom Lee.

D-Wave Quantum, Inc. engages in the development and delivery of quantum computing systems, software, and services. It provides customers with access to the company’s quantum computing systems via the cloud in the form of quantum computing as a service. It offers professional services such as customer assistance in identifying and implementing quantum-computing applications. The company was founded on January 25, 2022 and is headquartered in Palo Alto, CA.

D-Wave Quantum Inc

D-Wave Quantum (QBTS) is trending as community members weigh in on its potential, debating whether recent price movements are a short squeeze or driven by genuine accumulation. Discussions also involve the company's technology and potential acquisitions, with some cautioning against the stock's valuation. The stock's price action is attracting attention as it trades alongside sector peers.

IREN Ltd. is a vertically integrated data center business powering the future of Bitcoin, AI and beyond with renewable energy. It is strategically located in renewable-rich, fiber-connected regions across the US and Canada. IREN’s large-scale, grid-connected facilities are purpose-built for the next generation of power-dense computing applications. The company was founded by Daniel Roberts and William Roberts on November 6, 2018, and is headquartered in Sydney, Australia.

IREN Ltd.

Iris Energy Ltd

IREN is trending due to significant GPU purchases to expand its AI cloud capabilities, detailed in a recent Seeking Alpha article. Community discussions revolve around the company's growth potential and future data center capacity, with some expressing bullish sentiment and anticipating further upward movement. The stock's performance is also being compared to others in the AI infrastructure and Bitcoin mining sectors.

Oklo, Inc. engages in the development of fission reactors. It provides clean energy through the design and deployment of fast fission power plants. The company was founded by Jacob DeWitte and Caroline Cochran on July 3, 2013 and is headquartered in Santa Clara, CA.

Oklo Inc. - Ordinary Shares - Class A

Oklo Inc.

Oklo is trending due to a Wedbush analyst raising the price target, fueling excitement and debate about the company's future in nuclear energy. Community discussions revolve around whether the stock is overvalued, with some highlighting the lack of current revenue while others point to its potential in the AI-driven energy sector. News of Oklo breaking ground on its first Aurora Powerhouse has also contributed to the heightened interest.

Snap, Inc. operates as a technology company, which engages in the provision of a visual messaging application that was created to help people communicate through short videos and images. The company was founded by Frank Reginald Brown IV, Evan Thomas Spiegel, and Robert C. Murphy in 2010 and is headquartered in Santa Monica, CA.

Snap Inc - Ordinary Shares - Class A

Snap Inc

Snap Inc. is trending as speculation resurfaces around a potential buyout or partnership, with community members pointing to high trading volume and potential deals following news about TikTok. Discussions also highlight Snap's advancements in AR glasses and potential impact on ad revenue, with some suggesting a short squeeze is underway. Community members are actively debating the stock's potential, speculating on targets and possible acquisitions.

MBX Biosciences, Inc. is a clinical-stage biopharmaceutical company, which engages in the discovery and development of peptide therapies for the treatment of endocrine and metabolic disorders. Its product candidates and programs include MBX 2109, MBX 1416, and obesity portfolio. The company was founded by Peter Kent Hawryluk and Richard D. DiMarchi in August 2018 and is headquartered in Carmel, IN.

MBX Biosciences Inc.

MBX Biosciences is trending following the announcement of positive topline results from its Phase 2 trial of Canvuparatide, with community members discussing the potential for significant gains and highlighting the responder rates. Some caution that it is only phase 2 data while others point to a possible upcoming offering due to limited cash. The company is focused on developing therapies for endocrine and metabolic disorders.

BlackBerry Ltd

BlackBerry ($BB.TSX) is trending amid discussions around its QNX technology and potential partnerships, including speculation about Visteon and growing integrations in SDVs. The community is focused on QNX's expanding presence in automotive and rail, alongside anticipation for upcoming earnings results. Bullish sentiment is fueled by revenue potential from new partnerships and the company's increasing relevance in the SDV sector.

Bakkt Holdings, Inc. engages in the intersection of cryptoassets, loyalty and rewards, and payments. It also provides a platform to expand payment offerings, create new revenue streams, and increase customer loyalty. The company was founded in 2018 and is headquartered in Alpharetta, GA.

Bakkt Holdings Inc - Ordinary Shares - Class A

Bakkt Holdings Inc

Bakkt is trending due to the appointment of Mike Alfred to its board, sparking excitement among investors about the company's growth strategy in digital assets and AI. Community members are actively discussing Alfred's potential impact and the broader implications for Bakkt's position in the fintech landscape. This news arrives as the company navigates its evolving role in the crypto sector.

Viking Therapeutics, Inc. is a clinical-stage biopharmaceutical company, which engages in the development of therapies for metabolic and endocrine disorders. The company was founded by Brian Lian and Michael A. Dinerman on September 24, 2012 and is headquartered in San Diego, CA.

Viking Therapeutics Inc

VKTX is trending as investors discuss the implications of Pfizer's acquisition of Metsera, a competitor in the obesity drug market. Community talking points revolve around whether this deal impacts VKTX's prospects for partnership or acquisition, with some believing it narrows the field of potential suitors while others suggest it highlights VKTX's undervaluation. There's also active debate regarding management's strategy and the company's path forward in the competitive landscape of obesity and MASH treatments.

statis crypto Watchlist

Bitcoin

Ethereum

Solana

Dogecoin

Cardano

statis IN Watchlist

Nifty 50

Nifty Bank

Reliance Industries Ltd.

Zomato Ltd.

Tata Consultancy Services

Tata Motors Ltd.

HDFC Bank Ltd.

ITC Ltd.

Adani Enterprises Ltd

Axis Bank Ltd

Bajaj Finance Ltd

statis US Watchlist

SPDR S&P 500 ETF

Apple Inc.

Tesla Inc

Microsoft Corporation

NVIDIA Corp

 Hey, I want to invite you to join Stocktwits. It’s the largest global community of active traders. You’ll get access to the real-time market insights, news, discussion and much more! You can sign up using my unique link below 
 
