Seeking Alpha
2022-01-09 19:44:50

SA readers double down on crypto, pick up Douglas Elliman and drop Blackberry

Investors turned away from cryptocurrencies last wee, sending the sector sharply lower. However, SA readers remain intrigued by the asset class, adding many of the top cryptos to their portfolios at a furious pace, according to an analysis of portfolio additions and deletions. Bitcoin (BTC-USD), Ethereum (ETH-USD), Avalanche (AVAX-USD), Algorand (ALGO-USD) and Luna (LUNA-USD) all received significant attention last week. Elsewhere, readers also snapped up a new member of the Wall Street family. They added recent spin-off Douglas Elliman (NYSE:DOUG) at a substantial rate compared to removals. On the other side of the spectrum, BlackBerry (NYSE:BB) saw its stock dropped from SA portfolios at a high rate, just as the once prominent player in the smartphone market shutdown service on its iconic mobile devices. Cryptocurrency: Bitcoin, Ethereum, Avalanche, Algorand, Luna The cryptocurrency space ran into a buzzsaw last week. Ongoing signals that the Federal Reserve intends to be aggressive in

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.