La cadena de opciones muestra datos clave de las opciones de acciones de Nauticus Robotics a varios precios de ejercicio y fechas de vencimiento. Los operadores utilizan esta información para analizar posibles operaciones y evaluar el sentimiento del mercado para Nauticus Robotics..

Nauticus Robotics (NASDAQ:KITT) Bolsa, Cadena de Opciones

Nauticus Robotics

Nauticus Robotics Inc develops fully electric autonomous robotic solutions for subsea applications. The company's business model includes using robotic systems for service, selling vehicles and components, and licensing related software to both the commercial and defense business sectors. The company's addressable markets include upstream, midstream, and downstream oil and gas, defense, offshore renewables, seafloor telecommunications, aquaculture, port security, oceanographic research, and subsea mining.

Pre-Market Outlook

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ACON

AEON

BCTX

CPHC

EKSO

Sunrise New Energy Co., Ltd - Ordinary Shares

EPOW

KITT

LDTC

MBOT

MEGL

MNSO

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WFCF

Explora los mayores movimientos en el premercado con ganancias superiores al 100% y pérdidas significativas antes de la apertura.

Acciones de Smart Share Global se disparan un 44%; 20 acciones que se mueven en el premercado

Nauticus Robotics Inc

Scotiabank analyst Eric Winmill maintains Torex Gold Resources (TSX:<a class="ticker" href="https://www.benzinga.com/stock/TXG#TSX">TXG</a>) with a Sector Outperform and raises the price target from C$48 to C$50.

News

Price Target

Analyst Ratings

TSX:TXG

Scotiabank Maintains Sector Outperform on Torex Gold Resources, Raises Price Target to C$50

Trading Ideas

MULN

Mullen Automotive Shares Resumed Trade Then Again Halted On Circuit Breaker To The Upside, Stock Now Up 166.4%

Brookfield Asset Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAM#NYSE">BAM</a>) announced on Wednesday a <a target="_blank" href="https://www.benzinga.com/pressreleases/25/06/g45766460/brookfield-to-advance-ai-infrastructure-in-sweden-through-sek-95-billion-investment" rel="noreferrer noopener">commitment of up to SEK 95 billion (roughly $10 billion)</a> to build artificial intelligence infrastructure in Sweden, representing one of its largest AI investments in Europe to date.
Brookfield plans to anchor the funding around a new AI-focused data center campus in Strängnäs, a project intended to strengthen Sweden&#8217;s national AI capabilities and digital resilience.
Brookfield has secured rights to about 350,000 square meters of land to more than double the site&#8217;s energy capacity from 300MW to 750MW. The project is expected to generate over 3,000 jobs, including 1,000 permanent positions and 2,000 for the construction phase.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/25/06/45767936/tech-bull-says-nvda-can-be-a-250-stock-if-trump-takes-a-step-back-from-tariffs" rel="noreferrer noopener">Tech Bull Says NVDA Can Be A $250 Stock If Trump Takes A Step Back From Tariffs</a>
&#8220;This marks another important step for boosting sovereign compute capabilities for both public services and private enterprises in Europe,&#8221; said Sikander Rashid, Head of Europe at Brookfield.
The investment targets critical infrastructure beyond data centers, including energy generation and chip storage, all seen as foundational for deploying AI technologies at scale.
Brookfield has invested more than €100 billion globally in digital infrastructure, renewables, and semiconductors. Earlier this year, the firm pledged €20 billion to France, with half going toward a major AI factory project. The firm has been active in Sweden since 2018, with holdings across telecom, clean energy, logistics, and public assets.
Brookfield Asset Management reported strong <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/g45216531/brookfield-asset-management-announces-record-first-quarter-results" rel="noreferrer noopener">first-quarter 2025</a> results, with fee-related earnings up 26% year-over-year to $698 million, driven by robust fundraising and real estate inflows. The firm raised $25 billion in Q1, deployed $16 billion across asset classes, and closed $6 billion for its real estate flagship, now at $16 billion.
Related ETFs: Global X Artificial Intelligence &amp; Technology ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIQ#NASDAQ">AIQ</a>), iShares Expanded Tech Sector ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IGM#NYSE">IGM</a>).
Price Action: BAM shares are trading higher by 0.23% to $56.57 at last check Wednesday.
Read Next: 
<a href="https://www.benzinga.com/markets/equities/25/06/45765484/dow-futures-edge-higher-after-two-days-of-gains-expert-says-trump-tariffs-distorting-pretty-much-everything" target="_blank" rel="noreferrer noopener">Dow Futures Edge Higher After Two Days Of Gains: Expert Says Trump Tariffs&#8217; Distorting Pretty Much Everything&#8217;</a>
Photo by Gorodenkoff via Shutterstock

Tech

Brookfield Bets Big On European AI With $10 Billion Investment

Nasdaq&#xAE; (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) announced today that the company has partnered with Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions to private companies, employees, and investors, to provide greater price transparency and valuation visibility into private, pre-IPO companies, including unicorns and other startups through NPM's Tape D&#xAE; private company dataset.
As the exclusive distributor of the Tape D API, Nasdaq is enhancing essential transparency and access to an increasingly complex private company landscape. Now available to Nasdaq clients through API integration via <a href="https://www.globenewswire.com/Tracker?data=e8UOS7xZyVizFg7wSvyweBqoDHzpRp-jtP4cTAv_zkvDKflOREsrzhlNm4L6Kt_2zCI2rqDUythDVMsjkZdYfKfzPX7xYrnkV-XSzysmlb2HR27TEeKTD0G-IOxPJMWG">Nasdaq Data Link</a>, Tape D addresses critical transparency challenges by helping investors evaluate private holdings with greater confidence, enabling banks to structure private transactions more effectively, supporting wealth advisors and shareholders in managing liquidity needs, and equipping private companies with valuable insights for capital raises and tender offers. This comprehensive data product delivers real-time private market pricing by seamlessly integrating primary round data, secondary market transactions, and accounting data including mutual fund marks and 409A valuations.

NDAQ

Nasdaq Partners With Nasdaq Private Market To Provide Greater Price Transparency And Valuation Visibility Into Private, Pre-IPO Companies

SXTP

60 Degrees Pharmaceuticals Shares Resume Trade

Scotiabank analyst Patrick Colville maintains CrowdStrike Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) with a Sector Perform and raises the price target from $370 to $480.

CRWD

Scotiabank Maintains Sector Perform on CrowdStrike Holdings, Raises Price Target to $480

Mullen Automotive Shares Halted On Circuit Breaker To The Upside, Stock Now Up 166.1%

Scotiabank analyst Francisco Suarez maintains Cementos Pacasmayo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPAC#NYSE">CPAC</a>) with a Sector Perform and raises the price target from $6 to $6.4.

CPAC

Scotiabank Maintains Sector Perform on Cementos Pacasmayo, Raises Price Target to $6.4

WIIM

Embraer-Empresa Brasileira De Aeronautica

Embraer shares are trading higher after HDBV upgraded the stock from Hold to Buy and raised its price target from $45 to $57.

Mullen Automotive Shares Resume Trade

Scotiabank analyst Allan Verkhovski maintains Asana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASAN#NYSE">ASAN</a>) with a Sector Perform and raises the price target from $12 to $16.5.

ASAN

Scotiabank Maintains Sector Perform on Asana, Raises Price Target to $16.5

The world of crypto has weathered many storms over the years ; exchange thefts, market collapses, government shutdowns, and myriad predictions of the end of days for it., but there&#8217;s a new threat emerging on the horizon that potentially could destroy at its core the very nature of digital assets we now hold dear: quantum computing.
This is no distant science fiction scenario anymore; it&#8217;s a rapidly evolving reality that demands our immediate attention. For years, quantum computing has been science fiction, Star Trek-style, theoretical and way, way off on the horizon, never to be practical. That&#8217;s changing fast. The giant technology companies like IBM, Google, and Amazon are investing billions of dollars into quantum research, and the breakthroughs have been advancing at a rate that&#8217;s becoming really alarming. What&#8217;s so troubling for cryptocurrency investors is that quantum computers don&#8217;t simply provide incremental gains over traditional computers; they offer an entirely different paradigm for computing that could make our existing security precautions obsolete overnight. The tech is accelerating. The crux of the matter is that cryptocurrencies protect our money.
Every Bitcoin transfer, every Ethereum smart contract, every virtual purse is secured by cryptographic routines that are basically impenetrable to hackers using computers now. These mathematical problems would take classical computers millennia to crack, effectively rendering them impossible to solve.
Quantum computers, however, operate on entirely different principles, using quantum bits that exist in many states simultaneously. Quantum parallelism allows them to test millions of solutions simultaneously, potentially cracking these &#8220;impossible&#8221; cryptographic problems in hours or days instead of millennia. Think about what that means for your Bitcoin wallet. Your private key is now being protected by cryptographic methods that would take conventional computers longer than the universe has currently existed. But an enormous enough quantum computer could possibly break through that protection in hours. It&#8217;s not just Bitcoin, though ,Ethereum, Litecoin, and basically all other cryptocurrencies are built atop similar cryptographic concepts that are potentially vulnerable to quantum attacks. The better news is that the cryptocurrency world is not idly standing by. Ethereum co-founder Joe Lubin has been vocal and adamant about the necessity of quantum-resistant infrastructure, and has had ongoing conversations with sovereign wealth funds and large financial institutions regarding deploying quantum-resilient systems across the Ethereum platform. (source:  <a href="https://decrypt.co/323502/ethereum-co-founder-sovereign-wealth-funds-buy-eth">https://decrypt.co/323502/ethereum-co-founder-sovereign-wealth-funds-buy-eth</a>)
These discussions represent a valuable step in the positive direction, considering institutional engagement is likely to accelerate the development and deployment of fresh security solutions. Layer-1 and Layer-2 solutions are looked at as potential ways towards quantum resistance. Layer-1 upgrades involve enhancing the underlying blockchain protocol itself so that it incorporates quantum-resistant cryptographic methods. Layer-2 solutions, however, might offer quantum-resistant transaction processing atop pre-existing blockchain infrastructure. Both schemes make sense, but they need collaboration throughout the entire cryptocurrency ecosystem in order to work. But infrastructure upgrades will only take things so far if individual wallets remain vulnerable. That is where everyday cryptocurrency users need to step up and demand change. Wallet providers, whether they be hardware companies like Ledger and Trezor, or software companies building mobile and desktop applications need to be made aware by their users that quantum-resistant cryptography matters. I have a Ledger Nano X wallet and am now corresponding with them to inquire about what developments that they are focused on. Too many of the providers are playing a game of &#8220;wait and see,&#8221; thinking they&#8217;ll have sufficient time to incorporate quantum-resistant protocols once the threat is closer. The reality is that progress in quantum computing isn&#8217;t on a schedule. It could accelerate.
Advances could come quickly, and by the time a quantum computer ready to crack today&#8217;s cryptography defenses is about to be announced, it could already be too late to implement protective technologies. The crypto community learned this the hard way with many security vulnerabilities being exploited prior to patches being available. For individual investors, there are some things you can do today to reduce your quantum risk, but they do not remove the risk completely. Never reusing addresses is critical. Every address on a Bitcoin only needs to be used once because reused addresses expose more cryptographic information that could be hypothetically attacked by quantum algorithms. Maintaining wallet firmware updated guarantees you the most up-to-date security patches and enhancements. Having decentralized swap protocols over centralized exchanges cuts the number of possible attack vectors, although this is more a matter of overall security hygiene rather than quantum-specific defense. The window of opportunity for being prepared ahead of time is closing. Scientists estimate that the introduction of quantum computers to crack existing encryption measures will occur between a five to ten year period, but with some estimates placing it sooner if breakthroughs accelerate innovation. Unlike other technological changes, however, this one will offer no gradual transition period. The shift from quantum-vulnerable to quantum-resistant will need to take place rapidly once practical quantum computers emerge. The crypto sphere has always been convinced of being on the cutting edge and technologically smart. Now it is time to live up to that reputation by demanding quantum-safe technology when it is not absolutely necessary yet. Security for the future of digital assets is what we do today.
&#x2A;&#x2A; See more about crypto risk management at <a href="https://cryptoflowzone.com/" title="https://cryptoflowzone.com/">https://cryptoflowzone.com/</a> Disclosure: The author holds Bitcoin (BTC).

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Opinion

General

The Quantum Threat To Cryptocurrency: Why We Need To Act Now

60 Degrees Pharmaceuticals Shares Halted On Circuit Breaker To The Downside, Stock Now Down -4.81%

Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) has outperformed the market over the past 5 years by 10.19% on an annualized basis producing an average annual return of 23.45%. Currently, Meta Platforms has a market capitalization of $1.73 trillion. 
Buying $1000 In META: If an investor had bought $1000 of META stock 5 years ago, it would be worth $2,956.81 today based on a price of $684.23 for META at the time of writing.
<h3>Meta Platforms's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749048341_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 5 Years Ago, You Would Have This Much Today

Mullen Automotive Shares Halted On Circuit Breaker To The Upside, Stock Now Up 116.3%

Activity in the U.S. services sector—long the backbone of the economy—unexpectedly showed no signs of growth in May, while cost pressures surged to their highest level in over three years, intensifying fears that tariffs and trade frictions are <a href="https://www.benzinga.com/news/econ-s">stoking a stagflationary environment.</a>
The Institute for Supply Management's Services Purchasing Managers Index fell to 49.9% in May, down from 51.6% in April, missing consensus expectations of 52%. The reading marked the first marginal contraction in services activity since June 2024. The ISM Services PMI&nbsp;has contracted in only four of the last 60 months dating back to June 2020.
New orders plunged to 46.4%, a 5.9 percentage point drop on the month, while business activity stagnated at 50%, down sharply from April's 53.7%. 
Employment improved slightly to 50.7%, after two months in contraction territory. The Backlog of Orders Index sank to 43.4%, its lowest since August 2023, while inventories contracted again, with the index falling to 49.7%.
&#8220;May's PMI&nbsp;level is not indicative of a severe contraction, but rather uncertainty that is being expressed broadly among ISM Services Business Survey panelists,&#8221; said Steve Miller, chair of the Institute for Supply Management.
&#8220;Respondents continued to report difficulty in forecasting and planning due to longer-term tariff uncertainty and frequently cited efforts to delay or minimize ordering until impacts become clearer," he said.
<h3 class="wp-block-heading">Heavy Price Pressures Hit Services Activity</h3>
The standout figure was the Price Index, which jumped to 68.7%, up 3.6 percentage points from April and the highest level since November 2022. Prices have surged 7.8 points in just two months, an acceleration not seen since late 2022.
&#8220;Tariff impacts are likely elevating prices paid by services sector companies, with the Prices Index hitting its highest level since November 2022, when the Bureau of Labor Statistics' CPI indicated that prices had increased 7.1 percent as compared to November 2021,&#8221; Miller added.
<h3 class="wp-block-heading">Market Reactions: Treasury Yields Hit 1-Month Low</h3>
Wall Street pared early morning gains after the data, with the S&amp;P 500 – as tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) – trading flat for the day. 
The U.S. dollar lost further ground, extending losses suffered earlier in the day after a weaker-than-expected employment growth in May. 
The Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>) – which tracks the U.S. dollar index (DXY) – fell 0.5% for the session. 
Investors flocked to Treasuries amid rising growth concerns. Yields on 10-year Treasury bonds tumbled to 4.37%, hitting the lowest levels since May 9. The yield on the 30-year Treasury bond fell 8 basis points to 4.90%. 
Read Next:
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<li><a href="https://www.benzinga.com/markets/economic-data/25/06/45768817/us-private-sector-hiring-slows-the-most-in-2-years-powell-must-now-lower-the-rate-trump-says">US Private Sector Hiring Slows The Most In 2 Years: &#8216;Powell Must Now Lower The Rate,&#8217; Trump Says </a></li>
</ul>
Photo: Shutterstock

Macro Economic Events

Broad U.S. Equity ETFs

Econ #s

Economics

ETFs

PowerShares DB US Dollar Index Bullish Fund

Services Activity Slips Into Stagnation In May As Cost Pressures Surge To November 2022 Highs

Genesco Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCO#NYSE">GCO</a>), on Wednesday, reported <a target="_blank" href="https://www.benzinga.com/pressreleases/25/06/b45766387/genesco-inc-reports-fiscal-2026-first-quarter-results" rel="noreferrer noopener">mixed first-quarter 2026 results</a> and reaffirmed fiscal 2026 EPS guidance.
The company reported an adjusted loss per share of $2.05, missing the street view of $2.00 loss. Quarterly sales of $473.973 million (increased 4% year over year) were above the analyst consensus estimate of $465.30 million.
Net sales were driven by a 5% increase at Journeys, 4% at Schuh, and 7% at Genesco Brands, partly offset by a 3% decline at Johnston &amp; Murphy.
Also Read:<a target="_blank" href="https://www.benzinga.com/markets/large-cap/25/06/45770679/alibaba-jd-see-sales-soar-in-618-festival-apple-and-xiaomi-emerge-as-top-selling-brands" rel="noreferrer noopener"> Alibaba, JD See Sales Soar In 618 Festival, Apple And Xiaomi Emerge As Top Selling Brands</a>
Comparable sales rose 5%, with stores up 5% and e-commerce up 7%. On a constant currency basis, Schuh sales rose 1%.
The first quarter&#8217;s gross margin fell to 46.7% from 47.6% a year ago, mainly due to brand mix shifts at Journeys and Schuh, promotions at Schuh, and lower margins from product liquidations at Genesco Brands.
Genesco reported a GAAP operating loss of $28.1 million, or 5.9% of sales, down from $32.1 million, or 7%, a year ago. On an adjusted basis, the loss narrowed to $27.9 million from $30.0 million, with the operating margin improving to a loss of 5.9% of sales from a loss of 6.5% in the first quarter last year.
As of May 3, 2025, Genesco held $21.7 million in cash, up from $19.2 million a year earlier. Total debt rose to $121 million from $59.4 million, mainly due to a 15% inventory increase to support higher demand at Journeys.
Genesco repurchased 604,531 shares for $12.6 million, or $20.79 per share, during the quarter. Under its expanded buyback program, announced in June 2023, it has $29.8 million remaining.
In the first quarter, capital expenditures totaled $19 million, mainly for retail stores and other projects. The company opened four new stores and closed 26, ending the quarter with 1,256 stores. This represents a 5% decrease from 1,321 stores at the end of the first quarter last year. Overall square footage also decreased by 3% year-over-year.
Mimi E. Vaughn, Genesco&#8217;s Board Chair, president, and CEO, said, &#8220;While an already choppy consumer environment has become more pronounced recently from the increased uncertainty due to tariffs, our diversified sourcing and mitigation actions position us well to manage the current tariff impact. In addition, our strong strategic positioning and track record of evolving our businesses in the face of market disruptions are giving us confidence in successfully navigating the current environment.&#8221;
&#8220;Today, we are reiterating our full-year adjusted EPS guidance of $1.30 to $1.70, incorporating the impact of current tariffs. Although there is ongoing external market uncertainty, we know our businesses are strong, and we are making investments in product, stores, and marketing across all brands to drive growth,&#8221; commented Sandra Harris, Genesco&#8217;s Senior VP of Finance and CFO.
For fiscal 2026, Genesco reaffirmed its expectation of adjusted diluted EPS between $1.30 and $1.70 versus the consensus estimate of $1.47, factoring in current tariffs.
Total sales are now projected to rise 1%–2%, up from prior guidance of flat to 1%, due to favorable foreign exchange. Comparable sales range outlook narrowed to up 2% to 3% versus the prior range of up 2% to 4%, with no additional share buybacks assumed and a 29% tax rate.
Price Action: GCO shares are trading higher by 1.39% to $22.66 at last check Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com/markets/earnings/25/06/45768682/dollar-tree-q1-same-store-sales-jump-5-4-warns-of-near-term-profit-drop-on-tariff-pressure-transition-costs" target="_blank" rel="noreferrer noopener">Dollar Tree Q1 Same-Store Sales Jump 5.4%, Warns Of Near-Term Profit Drop On Tariff Pressure, Transition Costs</a></li>
</ul>
Photo by JHVEPhoto via Shutterstock

Earnings

Guidance

Genesco Acknowledges 'More Pronounced' Tariff Impact, Stands By Guidance

Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) volatility is well known, but Bitwise Chief Investment Officer Matt Hougan argues that when viewed within the context of a broader portfolio, the asset may improve performance without <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42170334/bitcoin-investor-turns-daily-30-purchases-into-1-million-portfolio-in-7-years-10-months-and-12-days">proportionately increasing risk</a>.
In a note <a href="https://experts.bitwiseinvestments.com/cio-memos/more-return-with-less-risk">published</a> by Bitwise Asset Management on June 3, Hougan questions the conventional practice of evaluating Bitcoin in isolation.
"When you think about adding Bitcoin to a portfolio, don't do it in isolation. Think about it in the context of your entire risk budget," he wrote.
Hougan examined several hypothetical portfolio allocations from 2017 to 2024, comparing traditional 60/40 stock-bond splits with variations that include Bitcoin. 
While a 5% allocation to Bitcoin significantly increased returns, from 107% to 207%, the overall portfolio volatility, measured by standard deviation, increased only modestly from 11.3% to 12.5%.
This risk-return profile, Hougan said, shows that "adding Bitcoin to portfolios has historically boosted returns without significantly increasing risk," citing Bitcoin&#8217;s low correlation to both equities and fixed income.
But Hougan proposes that a more effective method may involve adjusting other portfolio components to compensate for Bitcoin's risk. 
In one model, Hougan explores a portfolio that adds 5% Bitcoin while simultaneously increasing bond exposure and tilting it toward short-duration Treasuries. 
Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45767539/anthony-scaramucci-says-sam-bankman-frieds-25-year-sentence-is-too-steep">Anthony Scaramucci Says Sam Bankman-Fried&#8217;s 25-Year Sentence Is &#8216;Too Steep&#8217;</a>
This combination, referred to as Portfolio 3, outperformed the traditional allocation and even matched the return of the Bitcoin-enhanced portfolio, with lower risk.
The analysis goes further with a Portfolio 4, which drops equity exposure to 40%, increases bonds to 50%, and allocates 10% to Bitcoin. 
This configuration delivered higher returns with less volatility than portfolios with more equity risk and less crypto exposure.
"Portfolio 3 generated higher returns than Portfolio 1 and roughly the same returns as Portfolio 2 with less risk than either," Hougan noted. 
The suggestion is not prescriptive, but rather a prompt for investors to rethink how they fit Bitcoin within their broader financial strategy.
Hougan acknowledged the outsized returns of Bitcoin in earlier years may not repeat, cautioning, "Of course, there's no guarantee this will persist in the future." However, he insists that rethinking the allocation method is critical: "It makes you wonder: What if you push this further?"
The analysis is rooted in data from Bloomberg, covering a range of traditional and crypto assets from January 2017 through December 2024, and does not account for taxes or transaction fees. 
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45757170/trump-branded-crypto-wallet-sparks-controversy-trump-family-denies-involvement">Trump-Branded Crypto Wallet Sparks Controversy, Trump Family Denies Involvement</a></li>
</ul>
Image: Shutterstock

$BTC

Can Bitcoin Boost Portfolio Returns Without Increasing Risk? Bitwise's Matt Hougan Says It Can

Scotiabank analyst Robert Hope maintains Algonquin Power (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AQN#NYSE">AQN</a>) with a Sector Perform and raises the price target from $6 to $6.5.

Scotiabank Maintains Sector Perform on Algonquin Power, Raises Price Target to $6.5

Crypto analyst <a href="https://www.benzinga.com/topic/benjamin-cowen">Benjamin Cowen</a> warns that Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) recent correction could deepen through Q3, pointing to familiar patterns in key technical indicators.
What Happened: In his June 4 <a href="https://www.youtube.com/watch?app=desktop&amp;v=Is7v_45oxoM&amp;feature=youtu.be&amp;ab_channel=BenjaminCowen">podcast</a>, Cowen noted that Bitcoin has dropped around 7–8% from all-time highs, nearing his forecasted 10–15% pullback following a golden cross. He <a href="https://www.youtube.com/watch?app=desktop&amp;v=Is7v_45oxoM&amp;feature=youtu.be&amp;ab_channel=BenjaminCowen">emphasized</a> that the "supply in profit" metric, currently at 96.71%, is flashing warning signs as previous market tops have occurred when this indicator exceeds 97–99%.
Cowen explained that historically, market pullbacks follow when profit-taking saturates the market. Notable peaks, including those in March 2024 and December 2024, coincided with this metric topping 97–98%.
When the supply in profit gets really well above 90%, you at least need to be on the lookout for a pullback, Cowen warned.
Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45757206/bitcoin-stalls-at-106000-whats-coming-next">Bitcoin Stalls At $106,000: What&#8217;s Coming Next?</a>
What's Next: Cowen <a href="https://www.youtube.com/watch?v=x4ptTIHciXI">sees</a> mid-June as a critical period. He flagged a recurring seasonal pattern where Bitcoin has shown weakness in Q3 for the past two years. If BTC fails to break higher soon, it's probably setting up for some Q3 weakness.
Cowen outlined two scenarios:
<ul class="wp-block-list">
<li>Bullish case: BTC holds the bull market support band as it did in 2023, allowing a continued uptrend.</li>
<li>Bearish case: A deeper correction toward the $60,000s, potentially signaling that the current cycle has peaked.</li>
</ul>
Despite near-term caution, Cowen remains more bullish on Bitcoin than altcoins, saying Bitcoin offers better upside-to-downside risk. He noted that altcoins tend to stand still when Bitcoin rallies.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45767169/bitcoin-ethereum-xrp-dogecoin-tick-up-as-battle-for-105000-intensifies">Bitcoin, Ethereum, XRP, Dogecoin Tick Up As &#8216;Battle For $105,000&#8217; Intensifies</a></li>
</ul>
Photo: Shutterstock

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