It was a banner day for the Bitcoin Investment Trust (GBTC) as the cryptocurrency experienced a cryptic price surge.Trading units of the Bitcoin Investment Trust surged 24% on record volume, the biggest one-day price move in more than seven months .Price moves in the trust units were commensurate with bitcoin itself.The Wall Street Journal reports that trading spiked over the weekend.As with all things bitcoin, the reason was opaque.The spike was reportedly in anticipation of a built-in bitcoin structural mechanism, due to take effect within the next month, that could limit the reward for creating bitcoins and potentially diminish supply.Bitcoin Investment Trust, which is quoted on the OTCQX over-the-counter market, is the first and only means to buy and sell bitcoin with a standard brokerage account in the U.S.This is structured as an open-ended trust, and the price of the trust is meant to represent 1/10 of bitcoin’s price.Daily turnover surged to a record 39,000 shares on Monday, with volume in dollar terms hitting a record $3.7 million.

Prior to Monday's eruption of volume, the trust's average volume since trading began in May 2015 is just about $339,000.bitcoin and rbiLatest In Focusonfunds Blogbest coin after litecoinThe Foundation for Peer to Peer Alternatives Blog PostsDiscussions (5)GroupsVideos Satoshi Nakamoto's Apps Satoshi Nakamoto's Friends Satoshi Nakamoto's Discussions Gifts Received (1) From Haans Satoshi Nakamoto's Page Latest Activity Profile Information Website: elms bitcoinby Tyler Durden Bitcoin is now up over 100% in 2017, amid global political uncertainty and increased interest in Asia, suddenly spiking above $2000 this afternoon for the first time ever... That is a year-over-year gain of more than 350%.ethereum is not safe

The move comes, as CoinDesk notes, amid a broader boost in the cryptocurrency market, which broke the $60bn barrier today.bitcoin ltc priceThe increase has taken place amid strong surges from Ripple's XRP, which seeks to lower costs in enterprise cross-border payments, and ethereum's ether token, a cryptographic asset that powers its decentralized app network.ecb on bitcoinIt appears Bitcoin is one of the only (un-rigged) assets in the world that is reflective of global policy and geopolitical uncertainty...An unhandled exception was generated during the execution of the current web request.Information regarding the origin and location of the exception can be identified using the exception stack trace below.We will try to fix your problem as soon as possible.Thank you for your patience.Wolfe Waves Tutorial,Trades on EURUSD, BABA and More Scripts.. This digest bringing you some of the top Trading ideas every week- generated by users, picked by analysts.

Now you will be able to see the most exciting ideas even if you don’t have enough time to look for them on TradingView.If you’d like your idea to be a part of the digest, please follow our House Rules when publishing an idea.Picks From Community Top Authors LESSON – Adv.Market Geo.: Step-Wise Geometry Development | $EUR 4xForecaster “A step-by-step demonstration of my own approach to Wolfe Waves detection, analysis and trading application” Alibaba -BABA -Daily – Range Expanding Up from a base By timwest Time to buy BABA… Promising Trades and Insightful Analysis Facebook- High Probability Trade To The Upside!By Tom_Killick Great trade setup on Facebook… Anticipatory Overview By MagnusTradingGroup Looks promising.Two possible scenarios for Bitcoin… CADJPY – COULD RESUME THE BEARISH CYCLE By DanV Dan’s Elliott wave count is clearly bearish on the CADJPY… EURUSD: Trading a la Carte By JasperForex One harmonic setup on the EURUSD suggests a long trade… BP(Daily) – Inverse HS potential-Double bottom.

By river_54 Will BP benifit of the recent recovery in oil prices, this trade suggests so… Google: Looks Ready for a Short!By Technician More downside for Google.According to Technician… In Scripts and Custom Indicators [RS][JR]RSI Ribbon + Candle By JR Value Chart [TheMightyChicken] By TheMightyChicken1 mutual fund, which made a killing off Amazon and Tesla, is now focused on these stocks Stocks exhale — but the next leg of the bull run is on the way This tech fund manager has stellar returns — and says the sector’s valuations are fine Altaba's stock surges as former Yahoo trades under new name, ticker symbol Altaba Inc.'sstock surged as it made its debut under a different name and ticker, after Yahoo completed the sale of its operating assets to Verizon Communications Inc.The stock, under the new symbol of "AABA," traded at $54.83 in morning trade, up 4.3% from Yahoo's closing price of $52.58 on Friday.Altaba is now registered as an "independent, publicly traded, non-diversified, closed-end management investment company," with its primary investments being a "substantial" stake in China-based e-commerce giant Alibaba Group Holding Ltd.

and Yahoo Japan Corp.Alibaba's stock rallied 2.9% in morning trade, while the S&P 500 tacked on 0.5% and Verizon shares slipped 0.4%.S&P 500 maintains support amid second FAANG-fueled downturn U.S.stocks are lower early Thursday, pressured amid ongoing reaction to the Federal Reserve’s policy directive, combined with a second round of FAANG-fueled selling pressure.Against this backdrop, the S&P 500 has thus far maintained near-term support, circa 2,416, while the Nasdaq Composite remains more firmly pressured, partly as a source of funds deployed to other sectors.Apple, Tesla shares are two of the biggest shorts in the world right now Marissa Mayer steps down as Verizon acquisition of Yahoo is complete Verizon Communications Inc.'sacquisition of Yahoo Inc.is complete, meaning the new company Altaba Inc.will emerge Friday and register with the SEC as a publicly traded investment company.Verizon bought Yahoo for $4.48 billion and the acquisition is still subject to certain adjustments.

Marissa Mayer, chief executive of Yahoo, has resigned from its board, as have other directors including Richard Hill, Jane Shaw and Maynard Webb.Thomas McInerney, a current board member, will become chief executive of Altaba, with Alexi Wellman as chief financial officer.After the sale, Yahoo's assets will include a 15% equity stake in in Alibaba Group Holding Ltd and about a 36% equity stake in Yahoo Japan.Yahoo's stock will continue trading on the Nasdaq under the symbol "YHOO" until Friday.Altaba's stock will begin trading June 19 under the symbol "AABA."Shareholders do not need to take any action.Shares of Verizon were down 1% Tuesday and shares of Yahoo were down 0.6%.Yahoo's remaining assets include 15% stake in Alibaba and 36% stake in Yahoo Japan Alibaba shares climb after price target increase at Raymond James Shares of Alibaba Holdings Group LTD.were climbing 2% in premarket trade Tuesday after the stock's price target was raised to $190 from $160 at Raymond James.The analysts increased their price target after increasing their fiscal year 2018 revenue and profit estimates, saying they have "increased confidence" in Alibaba's retail segment revenue growth, particularly as Taobao evolves.

Alibaba recently held an analyst day and said it expects revenue growth of 45% to 49% in 2018.Overall, the analysts are bullish on the stock, as Alibaba is showing strong revenue growth and margins, leadership in the cloud and they believe the company will narrow its losses in its investment areas such as digital media.Additionally, they say Alibaba's valuation is attractive at about 20 times its 2018 core commerce earnings per share.They reiterated a strong buy rating.Shares of Alibaba have gained 32% in the past three months, compared to the S&P 500's gain of 2.4%.Alibaba price target increased to $190 from $160 at Raymond James Alibaba turns positive after price target increase on cloud, e-commerce optimism Alibaba Group Holding Inc.flipped from losses to gains in Monday's session, despite a rough morning for tech stocks, after MKM Partners increased its price target on the stock and said its cloud offering is poised to dominate the Chinese market.MKM Partners analyst Rob Sanderson hiked his 12-month price target to $177 from $155 and extolled Alibaba's opportunity in e-commerce as well as enterprise technology in the world's most populous country.

"The company's strategy extends well beyond eCommerce or its ecosystem of online properties; Alibaba aspires to digitize all business in China and serve billions of consumers globally," Sanderson wrote in a note stemming from the company's bullish analyst day last week.Sanderson also wrote a separate note on Alibaba's cloud business after attending a cloud computing conference in China over the weekend, calling the company's Alicloud offering "the largest pool of computing resources in Asia."Alibaba shares, which were trailing Friday's closing price early in the session, moved to daily gains of more than 1.5% after the notes arrived about an hour into Monday's trading session.Alibaba stock price target raised to $160 from $137 at Pacific Crest Pay attention to the ominous pattern in big technology stocks plans expansion in developing markets Nasdaq closes at record as stocks edge up following Comey testimony Alibaba’s record stock surge sends Yahoo shares to 17-year high Alibaba's stock enjoys record rally to record close Shares of Alibaba Group Holding Ltd.

had their best day since going public 2 1/2 years ago, after the China-based e-commerce giant provided a sales outlook that was well above Wall Street projections.The stock shot up $16.70, or 13.3%, to a closing record of $142.34.The previous biggest one-day price gain was $6.48 on Aug.12, 2016, while the previous one-day percentage gain was 8.9% on Feb.Volume spiked to 80.9 million shares, about 7-times the full-day average, and the most since 97.9 million shares traded on Nov.The stock made its debut on the NYSE on Sept.19, 2014, after its IPO priced at $68.At Alibaba's investor day earlier Thursday, Chief Financial Officer Maggie Wu said fiscal 2018 revenue was expected to rise 45% to 49% above year-ago levels, while the FactSet consensus as of May 31 implied 36% growth.Alibaba's stock has soared 62% year to date, while U.S.stock has run up 38% and the S&P 500 has gained 8.7%.Snap targeted by short sellers before end of post-IPO lockup Alibaba CFO says revenue could grow 49% in FY18 Alibaba Group Holding said its annual revenue in fiscal 2018 could grow as much as 49%, sending its shares 11% higher in early trading Thursday.