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7 hours ago
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'November 2021 All Over Again' For Bitcoin? Veteran Trader Sparks Debate With Haunting Chart
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin may be set to replicate a tumultuous time in its history, according to veteran commodities trader Peter Brandt. 'November 2021 all over again?' Brandt said last weekend on X, sharing Bitcoin's weekly-candle chart. Much like today, in November 2021 Bitcoin had just surged to new all-time highs. For many cryptocurrency market participants, it felt like the asset was unstoppable. Just as many are predicting a $1 million price for Bitcoin today, many at the time were betting on the asset continuing its run to $100,000. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . But what followed was far from what many anticipated. Instead of a straight run to $100,000, Bitcoin kicked off a massive correction culminating in a nearly 80% drop from its 2021 high of $69,000 to trade at about $15,600 almost a year later. Brandt's weekly-candle chart highlights that Bitcoin could be forming the same bearish double-top chart pattern it did in 2021. A repeat of the same price action could see the asset tank as low as the $25,000 price point from its high of $112,000. Could this time be different? Responding to Brandt, Grayscale Head of Research Zach Pandl said unlike 2021, the Federal Reserve 'is more likely to start cutting rates than raising rates.' This remark comes as many view rapid interest rate hikes from the Fed starting in Q1 2022 as one of the major catalysts for the ensuing cryptocurrency bear market. The central bank had embarked on this course of action to fight inflation. Unlike in 2021, inflation presently appears to be steadily inching closer to the Fed's 2% target, making interest rate cuts more likely. It also helps that lower interest rates align with President Donald Trump's policy agenda. Trending: New to crypto? on Coinbase. Pandl is not alone in thinking this time could be different for Bitcoin. Crypto analyst 'AetherX Capital' said the asset's fundamentals are significantly better. 'Bitcoin's fundamentals have never been better,' they said. 'From a technical perspective, there's no reason to worry yet.' Fellow prominent crypto trader 'IncomeSharks' was even more optimistic. They said it would likely be 2021 all over again for Bitcoin. While the tail end of 2021 proved to be underwhelming, the asset had surged as much as 138% within the year. In the near term, Bitcoin is ranging between its all-time high at $112,000 and $100,000 amid macroeconomic uncertainty and escalating tensions in the Middle East. In a Monday note, MEXC Chief Operating Officer Tracy Jin said that all eyes are on the Strait of Hormuz. 'About 20% of the world's oil (20 million barrels) goes through this narrow stretch of land, and any kind of conflict could lead to a sharp rise in energy prices,' Jin said. 'Experts are saying that the price of Brent could go above $115, which might add 70-90 basis points to inflation by the end of the year. That sort of supply shock would probably lead to a risk-off move, which would put pressure on both crypto and equities.' Read Next: A must-have for all crypto enthusiasts: . Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Image: Shutterstock This article 'November 2021 All Over Again' For Bitcoin? Veteran Trader Sparks Debate With Haunting Chart originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11 hours ago
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A Florida Home Has Been Sitting On The Market For Over 200 Days. After Several Price Cuts, The Seller Feels 'Like It's Never Going To Sell'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. More than 200 days have passed since a 2,500-square-foot pool home just north of Tampa, Florida, went up for sale. Despite multiple price cuts, the seller still hasn't found a buyer. 'I feel like it's never going to sell,' the homeowner wrote in a recent Reddit post that's drawn hundreds of replies. Originally listed at $525,000, the home is now priced at $470,000. It's located in Spring Hill, a small town about 50 miles north of Tampa. Many commenters pointed out that homes in that area are going for much less. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can 'At $470,000 you are well over the median home price by over 150k,' one person said, referencing Zillow data. Another added, 'No one with a under 55 would be so far away from anything.' Others were blunt: 'If it's not selling for 200 days, the price is too high,' said one of the most upvoted responses. Another simply put it: 'It's not some magic solution, it's always the price.' Florida's housing market has been under pressure. High property insurance, limited availability of coverage, and recent changes to Federal Emergency Management Agency support have made it harder to sell. 'Florida is not attractive to buyers right now,' one commenter wrote. 'High insurance and interest rates ruined the market. It's not your fault.' Spring Hill, in particular, has been described as oversaturated. The seller agreed: 'Very over-saturated market where I'm at unfortunately.' 'There are literally hundreds of posts asking why a house won't sell. Short answer: it's not 2022 anymore,' one user commented. 'House values are on a decline in many areas.' Trending: , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. The home was purchased about four years ago, during the peak of the COVID-era housing frenzy. Several users mentioned that homes bought during 2020–2022 were often overvalued. 'You bought in '21 while the Tampa Bay Area (and FL generally) market was going hyperbolic,' one person wrote. 'You're now selling after 4 years of continuous homeowner insurance hikes.' Another person noted, 'Most who bought between 2020-2022 that are trying to sell now would not make money.' The homeowner admitted the situation is frustrating and financially stressful. 'I am going to lose money on it,' they wrote. Several people shared similar experiences. One person said they took a huge loss on a house in Arizona after sitting on the market for 150 days. 'You just gotta accept it or your cost to carry is going to kill you,' they said. Another repeated that view: 'Acceptance that you'll be in financial loss is the first step towards financial freedom. Drop the price.'Advice in the thread leaned toward realism. Suggestions ranged from cutting the price drastically to taking the house off the market and relisting later, or renting it out until the market recovers. 'Everything will sell. Just not everything sells at the price we list them,' one person noted. A real estate photographer added another perspective: 'There definitely comes a point in a listing where the number of days on the market becomes a critical issue and reducing the price only makes things worse, not better.' Others encouraged the seller to reset the listing and change agents. 'Take it down off the market. Hire a new agent... maybe get professional staging, get some new photographs,' one person suggested. Many believe that waiting could make things worse. 'You're going to take a bit of a loss, but if you wait another 200 days, how much more will you lose? Is the time and headache worth a few extra grand?' one Redditor asked. Read Next: Maximize saving for your retirement and cut down on taxes: . This Jeff Bezos-backed startup will allow you to .This article A Florida Home Has Been Sitting On The Market For Over 200 Days. After Several Price Cuts, The Seller Feels 'Like It's Never Going To Sell' originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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12 hours ago
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How Much Would It Take To Earn $100 A Month From Arbor Realty Stock
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Arbor Realty Trust Inc. (NYSE:ABR) invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the U.S. The 52-week range of Arbor Realty stock price was $8.43 to $15.94. Arbor Realty's dividend yield is 11.60%. It paid $1.20 per share in dividends during the last 12 months. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can On May 2, the company announced its Q1 2025 earnings, posting adjusted EPS of $0.31, beating the consensus estimate of $0.27, while revenues of $75.44 million came in below the consensus of $77.17 million, as reported by Benzinga. If you want to make $100 per month — $1,200 annually — from Arbor Realty dividends, your investment value needs to be approximately $10,345, which is around 999 shares at $10.36 each. Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (11.60% in this case). So, $1,200 / 0.116 = $10,345 to generate an income of $100 per month. You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock. Trending: Invest Where It Hurts — And Help Millions Heal: The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis. For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40). In summary, income-focused investors may find Arbor Realty stock an attractive option for making a steady income of $100 per month by owning 999 shares of stock. Check out this article by Benzinga for three stocks offering high dividend yields. Read Next: , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Maximize saving for your retirement and cut down on taxes: . Image: Shutterstock This article How Much Would It Take To Earn $100 A Month From Arbor Realty Stock originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Time of India
a day ago
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- Time of India
Crypto bets on Polymarket show rising odds of a U.S. strike on Iran — should we be worried?
As tensions escalate between Iran and Israel's latest conflict, an unusual indicator is drawing attention—crypto prediction markets, as per a report. Donald Trump's Warning Sparks Concern After US President Donald Trump urged citizens of Tehran, Iran's capital, to 'immediately' evacuate the city, home to around 10 million people, on Monday, cryptocurrency bettors increased the likelihood that the United States would join Israel in the war against the Middle Eastern country, reported Benzinga. He took to his social media site, Truth Social, to write that, "Iran should have signed the 'deal' I told them to sign. What a shame, and waste of human life. Simply stated, IRAN CAN NOT HAVE A NUCLEAR WEAPON," quoted Benzinga. ALSO READ: How bunker buster bombs could pulverize Iran's Fordow nuclear site: The science behind these deep-Earth destroyers White House Signals Urgency While, the White House Press Secretary Karoline Leavit had also said that the US president would cut short his G7 summit "because of what's going on in the Middle East," as quoted in the report. Live Events Crypto Prediction Market Reacts Swiftly On Polymarket , a popular blockchain-based betting platform, the odds of a United States military strike on Iran before June 30 have jumped sharply, climbing 15 percentage points in just 24 hours to reach 44%, as of June 19, according to Benzinga. Over $5.3 million has been wagered on the bet, and the market would resolve to "Yes" if the United States initiates a military action on Iranian soil, airspace, or maritime territory or against any Iranian embassies or consulates before June 30, as per the Polymarket's rules. FAQs Why are crypto traders betting on a US strike on Iran ? Because of rising tensions and strong public statements from US president Donald Trump, traders are reacting to the possibility of war on Polymarket. What is Polymarket? Polymarket is a crypto-based prediction platform where users bet on real-world events using blockchain technology.
Yahoo
2 days ago
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People Are Confused—If Houses Aren't Selling, Why Aren't Prices Dropping? 'That's Insane,' One Buyer Says
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A growing number of homebuyers are scratching their heads. Despite homes sitting on the market for weeks or even months, prices remain sky high. In a recent post on r/RealEstate subreddit, one Reddit user summed it up like this: "In a lot of places, the home prices themselves have doubled since Covid... and when you factor in the interest rates, you're looking at paying three times as much money in the long run. That's insane. Why is this happening and if the houses are not selling, why are the prices not coming down to earth?" Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can In many parts of the country, homeowners are still hoping to cash in on the pandemic housing boom—even if their expectations are outdated. As one commenter put it, 'It seems like a lot of people are selling who bought in 2022-2023 so they paid a premium and they're trying to break even, including closing costs.' The result is a standoff: overpriced listings that sit unsold while sellers wait for offers that never come. 'People list a house for $100k more than they bought it for in 2022 after doing nothing to the house,' one person noted. 'Then you watch the price reductions fall under what they paid for it at the top.' Many homeowners have mortgage rates under 4% and are reluctant to give that up for a new home with a 7% interest rate. 'If I sold my own house to myself it would cost me like $100k,' one person wrote. Another added, 'We won't be able to sell for MANY years because our house hasn't appreciated at all and rates are higher now.' Trending: If there was a new fund backed by Jeff Bezos offering a ? Even those willing to move aren't necessarily desperate. 'The sellers I know aren't greedy or delusional. They simply can't move if the price falls much further, so they are prepared to remain in the home for a long time,' one commenter explained. Buyers, on the other hand, are exhausted. After touring dozens of homes with inflated prices and misleading listings, they're tuning out. 'As an out-of-town buyer who has been to a million houses with dishonest photos, I put those houses that have been sitting forever with multiple price drops in my low-priority bucket,' one buyer said. Some are just waiting for sellers to face reality. 'Smart ones will get out while they still can before everything tanks,' another to several commenters, the market is paralyzed by unrealistic expectations. One agent said the homes sitting on the market are often not 'priced aggressively' and 'have some kind of deficiency that keeps them from meeting buyers' expectations.' Others point out that this situation is very different from 2008. 'Qualified mortgage rules... have meant that homeowners in the last 15 years are significantly more stable and unlikely to default,' one person explained. With many owners sitting on large equity cushions or renting their homes instead of selling, price drops are likely to be slow and uneven. As one poster put it: 'Prices will always come down slower than they rose. It's a strange market, there's a lot of pent-up demand but there are too many factors working against people who want to buy.' And if there is a broader price drop, it could take years. 'The process will take 4-5 years, and it will likely become apparent suddenly rather than gradually,' one person predicted. Many commenters agree: unless unemployment spikes or a serious recession hits, sellers can afford to hold out. 'People are still hoping for dream prices... the houses that get to reasonable levels sell fast and the dream prices just sit.' Read Next: Maximize saving for your retirement and cut down on taxes: . Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – This article People Are Confused—If Houses Aren't Selling, Why Aren't Prices Dropping? 'That's Insane,' One Buyer Says originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
