Tag: cap

Bitcoin Market Cap To Hit $1 Trillion By 2022, Blockstream CEO Predicts

KEY POINTS

  • Blockstream CEO Adam Back believes Bitcoin’s market cap will increase by 400% within two years
  • This is in response to another forecast which said Bitcoin will hit that mark by 2025
  • At the moment, Bitcoin is marred by lower volatility

Famed cryptographer and Blockstream CEO Adam Back believes Bitcoin can easily hit a market cap of $1 trillion by 2022, three years earlier than the estimate from investment company Ark.

Ark made news in the past because of its aggressive price prediction for Tesla. Back said Ark’s forecast that Bitcoin would hit a $1 trillion market cap by 2025 was very conservative. “I’d say Bitcoin likely sees a $1 trillion market cap within 2 years, probably sooner,” he said on Twitter.

Back’s message was a response to Yassine Elmandjra, an analyst from Ark Investment Management. Last month, Elmandjra said Bitcoin was in its path to monetization, with substantial

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50 Best Small Cap Stocks In Q3 (NYSEARCA:IJR)

In the third quarter of 2020, the large cap S&P 500 (SPY) benchmark soared 8.9%. The S&P Smallcap 600 Index (IJR) rose just 3.2%. Smallcap stocks, which outperformed large cap stocks in the year following the general bottoming for stocks in 2009 and 2002, are lagging in this recovery as the megacap tech stocks lead. While smallcaps underperformed, on average, the 50 best performing small cap stocks (up 67% on average) did outperform the 50 best performing large cap stocks (up 34% on average) over the course of the third quarter.

In the table below, I have listed the 50 best performing S&P Smallcap 600 constituents in the third quarter.

Best performing small cap stocks in 3Q Here are a few observations from this list:

  • Only four stocks in the S&P 500 – L Brands (LB), FedEx (FDX), Advanced Micro Devices (AMD), and UPS (UPS) – gained more than 50% in the third quarter, but 24 small
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4 supersalty lakes may be hiding under the ice cap at Mars’ south pole

Remnants of water once found on the surface of Mars may be hidden in a handful of small lakes below the Red Planet’s south pole, and more could exist, according to new research.

For decades, researchers have suspected that water lurks below the polar icecaps of Mars, just as it does here on Earth. In 2018, scientists detected evidence for such a reservoir on the Red Planet — signs of a lake about 12 miles (19 kilometers) across and hidden below about a mile (1.5 km) of ice at the south pole of Mars.

At the time, the researchers said that studying this underground pool of water could yield insights on the past and present chances for life on Mars. However, scientists had many more questions than answers about the origin, composition and longevity of this lake and its water.

Related: The search for life on Mars (a photo

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Apple has quietly dropped 22% from its peak, giving up $500 billion in market cap

Well, that was fast.

It took just 12 trading sessions for Apple to plunge more than 20% from its all-time high, shedding more than half a trillion in market capitalization.

The tech giant has plunged 22.6% from its intraday record high of $137.98 from Sept. 2, losing around $532 billion in market value. Apple’s fast and furious decline followed its massive run-up in August ahead of its 4-for-1 stock split, while the steep losses also came as Apple’s recent product event — its first in 2020 — didn’t live up to the hype.

The Tim Cook-led giant on Tuesday announced a bunch of new hardware and some updated software, including the Apple Watch Series 6, the iPad Air, a fitness service and service bundles called Apple One.

However, Apple did not announce any new iPhones. Also, the biggest thing missing from Apple One’s bundle that would make it much more

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Small Cap Stocks Poised for $5.4 Billion India Regulatory Boost

(Bloomberg) — India’s mid- and small-cap stocks are set to receive a boost after the regulator tweaked rules for multi-cap mutual funds, a move analysts say could push about 400 billion rupees ($5.4 billion) to the broader market.

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Multi-cap funds must hold at least 75% of their assets in equities — up from 65% at present — with 25% each in large, medium and smaller companies to ensure they stick to their mandate of investing in a wide set of stocks, the Securities & Exchange Board of India said in a circular late Friday.

The ruling that lays out how equity assets are to be spread across segments is aimed at balancing the playing field in a polarized market, where a handful of large companies have helped the main stock indexes erase the bulk of virus-induced losses even with India becoming the new global Covid-19 hotspot. Multi-cap funds

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Best And Worst Q3 2020: Small Cap Growth ETFs And Mutual Funds

The Small Cap Growth style ranks last out of the twelve fund styles as detailed in our Q3’20 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Small Cap Growth style ranked last as well. It gets our Very Unattractive rating, which is based on an aggregation of ratings of 19 ETFs and 544 mutual funds in the Small Cap Growth style. See a recap of our Q2’20 Style Ratings here.

Figures 1 and 2 show the five best- and worst-rated ETFs and mutual funds in the style. Not all Small Cap Growth style ETFs and mutual funds are created the same. The number of holdings varies widely (from 28 to 3213). This variation creates drastically different investment implications and, therefore, ratings.

Investors should not buy any Small Cap Growth ETFs or mutual funds because none get an Attractive-or-better rating. If you must have exposure to this style,

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Borderlands 3’s Latest Update Adds DLC Support And Raises The Level Cap

A new update for Borderlands 3 is scheduled to arrive today on PlayStation 4, Xbox One, Stadia, and PC. Aside from adding support for the new campaign DLC Psycho Krieg and the Fantastic Fustercluck, the update also addresses general, character, and mayhem fixes.

As part of the new campaign add-on, the Borderlands 3 level cap has been raised by five levels to 65. In terms of general fixes, the update adds two more ammo SDU upgrades for pistols, shotguns, submachine guns, assault rifles, and grenades, plus two expansion SDU upgrades for the Lost Loot machine on Sanctuary III. It also addresses an issue where the “Refill Ammo” prompt would persist in multiplayer sessions, and made sure player class icons will now show profile pictures for Steam and Epic Games Store players using cross-platform on PC.

When it comes to Mayhem, players will now have a chance to redeem themselves in

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Ignore FAANG Stocks, Buy These Small Cap Tech Stocks Instead

There are plenty of good reasons to invest in Facebook, Amazon, Apple, Netflix, and Alphabet’s Google, also known as the FAANG stocks. These companies have all built strong businesses with wide moats, and it’s likely that they’ll all make good investments for years to come. 

But FAANG stocks aren’t for everyone. For one thing, they tend to grow slower, and they don’t always have the same opportunity for big share-price gains as smaller companies do. For investors looking for a few small-cap companies that have the potential to become great investments, here’s why you should consider Magnite (NASDAQ:MGNI), Baozun (NASDAQ:BZUN), and Limelight Networks (NASDAQ:LLNW).

We asked these three Motley Fools contributors for advice on investing in small cap tech companies: Danny Vena, Brian Withers, and Chris Neiger.

A tablet sitting on a piece of paper with a chart on it.

Image source: Getty Images.

Magnite: riding the connected TV trend

Danny Vena (Magnite): With the onset

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Best And Worst Q3 2020: Mid Cap Value ETFs And Mutual Funds

The Mid Cap Value style ranks seventh out of the 12 fund styles as detailed in our Q3’20 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Mid Cap Value style ranked sixth. It gets our Neutral rating, which is based on an aggregation of ratings of 12 ETFs and 140 mutual funds in the Mid Cap Value style. See a recap of our Q2’20 Style Ratings here.

Figures 1 and 2 show the best and worst rated ETFs and mutual funds in the style. Not all Mid Cap Value style ETFs and mutual funds are created the same. The number of holdings varies widely (from 31 to 688). This variation creates drastically different investment implications and, therefore, ratings.

Investors seeking exposure to the Mid Cap Value style should buy one of the Attractive-or-better rated ETFs or mutual funds from Figures 1 and 2.

Figure 1: ETFs with

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Best And Worst Q3 2020: Large Cap Value ETFs And Mutual Funds

The Large Cap Value style ranks first out of the 12 fund styles as detailed in our Q3’20 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Large Cap Value style ranked first as well. It gets our Very Attractive rating, which is based on an aggregation of ratings of 67 ETFs and 780 mutual funds in the Large Cap Value style. See a recap of our Q2’20 Style Ratings here.

Figures 1 and 2 show the five best and worst rated ETFs and mutual funds in the style. Not all Large Cap Value style ETFs and mutual funds are created the same. The number of holdings varies widely (from 20 to 808). This variation creates drastically different investment implications and, therefore, ratings.

Investors seeking exposure to the Large Cap Value style should buy one of the Very Attractive rated ETFs or mutual funds from Figures 1 and

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