最新ニュース Cingulate (NASDAQ:CING) 株価情報

Cingulate

Cingulate Inc is a clinical-stage biopharmaceutical company utilizing its proprietary precision timed-release drug delivery platform to build and advance a pipeline of next-generation pharmaceutical products designed to improve the lives of patients suffering from frequently diagnosed conditions characterized by burdensome daily dosing regimens and suboptimal treatment outcomes. The company focuses on the treatment of Attention Deficit/Hyperactivity Disorder (ADHD) and anxiety, and identifying and evaluating additional therapeutic areas to use PTR technology to develop future product candidates.

Cingulate Inc

COINSILIUM GROUP LTD ORD by Coinsilium Group Ltd.

Coinsilium Group Ltd

Murata Manufacturing (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MRAAY#OTC">MRAAY</a>) reported quarterly earnings of $0.25 per share. This is a 177.78 percent increase over earnings of $0.09 per share from the same period last year. The company reported $2.94 billion in sales this quarter. This is a 1.14 percent decrease over sales of $2.97 billion the same period last year.

Earnings

News

MRAAY

Murata Manufacturing Q3 EPS $0.25 Up From $0.09 YoY, Sales $2.94B Down From $2.97B YoY

Nvidia Corp.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) GeForce RTX 5090 and 5080 graphics <a href="https://in.benzinga.com/25/01/43378899/nvidia-rtx-5090-and-5080-sell-out-instantlyscalpers-jack-up-prices-to-6000-as-gamers-face-paper-launch-frustration">cards have sold out</a> almost immediately after their release. However, gaming enthusiasts can still acquire these powerful GPUs through high-end prebuilt gaming PCs.
What Happened: The GeForce RTX 5090 and 5080 graphics cards are nearly impossible to find due to limited availability. As a result, enthusiasts are turning to prebuilt gaming PCs to get their hands on these coveted GPUs.
These prebuilt systems, available on platforms like Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), come at a premium price.
For instance, a Sentinel gaming desktop featuring the RTX 5090 is priced at $5,599.99. It includes an Intel Core i9-14900KF processor, 64GB of DDR5 memory, and a 2TB SSD, among other high-end components.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/25/01/43377131/tim-cook-wont-say-how-apple-plans-to-handle-trumps-tariff-policies-but-heres-whats-at-stake-for-the-iphone-maker" target="_blank" rel="noreferrer noopener">Tim Cook Won't Say How Apple Plans To Handle Trump's Tariff Policies — But Here's What's At Stake For The iPhone Maker</a>
For those considering the RTX 5080, prices are somewhat lower. A Skytech Azure gaming desktop with the RTX 5080 is listed at $2,699.99. This setup includes an AMD Ryzen 7 9800X3D processor, 32GB of DDR5 memory, and a 2TB SSD.
While these systems are not discounted, they offer a way to access NVIDIA&#8217;s latest Blackwell GPU architecture without waiting for standalone cards to become available.
However, potential buyers should be prepared to pay a significant premium for immediate access.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: Previously, it was reported that the scarcity of RTX 5090 and 5080 graphics cards has led to scalpers inflating prices to as much as $6,000, further exacerbating the frustration among gamers.
Nvidia is set to announce its fourth-quarter earnings on Feb. 26. In the last quarter, the company <a href="https://www.benzinga.com/news/earnings/24/11/42099904/nvidia-beats-q3-revenue-eps-estimates-supply-constraints-ding-stock-huang-says-age-of-ai-is-in-full-steam">reported $35.1 billion in revenue</a>, reflecting a 94% year-over-year increase and exceeding Wall Street&#8217;s forecast of $33.12 billion.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/25/01/43221770/apples-ipad-turns-15-today-heres-a-throwback-to-when-steve-jobs-explained-called-it-the-third-category-after-phones-and-notebooks" target="_blank" rel="noreferrer noopener">Apple&#8217;s iPad Turns 15 Today: Here&#8217;s A Throwback To When Steve Jobs Explained Called It The ‘Third Category&#8217; After Phones And Notebooks</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Tech

AMZN

NVDA

Nvidia's RTX 5090 And 5080 Are Sold Out, But You Can Still Get One With These High-End Prebuilt Gaming PCs

Glo Fiber, powered by&nbsp;Shenandoah Telecommunications Company ("Shentel") (NASDAQ:<a href="https://www.benzinga.com/stock/SHEN#NASDAQ">SHEN</a>),&nbsp;announced that construction of their Glo Fiber 100% fiber optic broadband service is underway in Lancaster, Ohio. Glo Fiber's future-proof, reliable high-speed internet service is already available to more than 4,000 homes and businesses in Lancaster, and construction will expand service to approximately 10,000 additional homes and businesses in the city. Construction began in the summer of 2024 with expected completion planned for the second half of 2025.&nbsp;

SHEN

Shenandoah Telecommunications' Glo Fiber Expands High-Speed Internet in Lancaster, Ohio

Smart Share Global Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EM#NASDAQ">EM</a>) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that it received a notification letter (the "Compliance Notification") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq"), dated January 31, 2025, notifying the Company that it has regained compliance with the requirement of minimum bid price of US$1.00 per share set forth under Nasdaq Listing Rule 5550(a)(2).
As announced on August 9, 2024, the Company received a letter from Nasdaq indicating that it was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the closing bid price of its American Depositary Shares (the "ADSs") had been below US$1.00 per ADS for the previous 30 consecutive business days. The Company was provided with a compliance period of 180 calendar days, or until February 3, 2025, to regain compliance with the minimum bid price requirement.

Government

Regulations

Smart Share Global Avoids Nasdaq Delisting, Stock Price Back Above $1

Triumph Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) ("TRIUMPH" or the "Company") today announced that it has entered into a definitive agreement under which affiliates of growth-focused private equity firms Warburg Pincus and Berkshire Partners will acquire TRIUMPH through a newly formed entity for a total enterprise value of approximately $3 billion. Upon completion of the transaction, TRIUMPH will become a privately held Company, jointly controlled by Warburg Pincus and Berkshire Partners.
Under the terms of the agreement, TRIUMPH shareholders will receive $26.00 per share in cash. The purchase price represents a premium of approximately 123% over the Company's unaffected closing stock price and a premium of approximately 58% over the volume weighted average price (VWAP) of TRIUMPH common stock for the 90 days prior to January 31, 2025.

Triumph Group to Go Private in $3B Deal Backed by Private Equity Firms Warburg Pincus and Berkshire Partners, Implying A 123% Premium

Macro Economic Events

Econ #s

Economics

Eurozone Consumer Price Index (YoY) Preliminary For January 2.5% Vs. 2.4% Est.; 2.4% Prior

Eurozone Consumer Price Index (MoM) Preliminary For January -0.3% Vs. 0.4% Prior

Eurozone Core Consumer Price Index (YoY) Preliminary For January 2.7% Vs. 2.6% Est.; 2.7% Prior

Biotech

Large Cap

Health Care

General

AstraZeneca's Imfinzi (Durvalumab) Has Been Recommended For Approval In The European Union For Limited-stage Small Cell Lung Cancer Whose Disease Has Not Progressed Following Platinum-Based Chemoradiation Therapy

U.K. Manufacturing Purchasing Managers Index For January 48.3 Vs. 48.2 Est.; 47.0 Prior

Eurozone Manufacturing Purchasing Managers Index For January 46.6 Vs. 46.1 Est.; 45.1 Prior

Raymond James analyst Andrew Cooper downgrades Danaher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>) from Outperform to Market Perform.

Downgrades

Analyst Ratings

Raymond James Downgrades Danaher to Market Perform

Germany Manufacturing Purchasing Managers Index For January 45.0 Vs. 44.1 Est.; 42.5 Prior

France Manufacturing Purchasing Managers Index For January 45.0 Vs. 45.3 Est.; 41.9 Prior

Raymond James analyst Brian Gesuale upgrades Booz Allen Hamilton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAH#NYSE">BAH</a>) from Market Perform to Outperform and announces $150 price target.

Upgrades

Price Target

Raymond James Upgrades Booz Allen Hamilton to Outperform, Announces $150 Price Target

As the U.S. dollar continues to strengthen following the imposition of tariffs by President Donald Trump, this prominent hedge fund manager is forecasting an inevitable devaluation of the dollar.
What Happened: Kevin C Smith, founder and CEO of Crescat Capital, warns that the global economy is feeling the strain of the dollar's dominance, with global central bank assets now at their lowest level in over four years.
Smith attributes this contraction to the dollar&#8217;s strength, which is putting pressure on the world economy. He suggests that a devaluation of the U.S. dollar — whether through a coordinated or organic process against other currencies — is not only likely but &#8220;inevitable&#8221;.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Importantly, global central bank assets have contracted to their lowest level in over four years. This is largely due to the strength of the dollar, which is suffocating the global economy. We believe a USD devaluation, whether coordinated or organic against other currencies, is… <a href="https://t.co/eT5oIKq7ph">pic.twitter.com/eT5oIKq7ph</a>
&mdash; Kevin C. Smith, CFA (@crescatkevin) <a href="https://twitter.com/crescatkevin/status/1886177571571999153?ref_src=twsrc%5Etfw">February 2, 2025</a></blockquote>
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According to Smith, the U.S. dollar nearing its cyclical peak, and the long-term decline of the dollar is already visible when assessed on a 10-year rolling basis. He points to key factors that could lead to the dollar&#8217;s depreciation in 2025, like the decrease in fiscal stimulus and the sustained low interest rates, which are partly designed to ease the federal government's growing debt burden.
However, Smith stresses that currency movements are always relative, to other major economies. &#8220;Notably, no other major economy — whether Japan, Canada, the Eurozone, the UK, or Australia — faces the same imperative as the United States, which must sustain GDP growth of nearly 5% merely to service its debt,&#8221; he adds.
See Also: <a href="https://www.benzinga.com/25/02/43426284/palantir-technologies-pre-earnings-plunge-tariff-impact-or-investor-jitters-heres-what-technical-analysis-suggests" target="_blank" rel="noreferrer noopener">Palantir Technologies Plunges Overnight On Robinhood: Trump Tariff Impact Or Investor Jitters?</a>
Why It Matters: Smith also acknowledges that Trump&#8217;s tariffs may create short-term economic disruptions as they represent just one aspect of broader, long-term policy shifts under the new administration. He points to comments from Treasury Secretary Scott Bessent, who has articulated that a weaker dollar could still coexist with its status as the world's reserve currency — a vision championed by Trump.
Despite the short-term fluctuations that may lead to temporary dollar appreciation, Smith's outlook remains largely pessimistic for the U.S. currency. He believes that the broader trajectory of the dollar is headed toward long-term depreciation.
If this scenario plays out, Smith argues, the consequences could be profound, marking one of the most significant shifts in the global financial landscape since the 2008 Global Financial Crisis.
Trump&#8217;s Tariffs: Starting Tuesday, newly implemented tariffs on <a href="https://www.benzinga.com/news/25/02/43425796/el-erian-warns-of-consequential-uncertainties-in-trumps-new-tariff-impact">a third of U.S. imports</a>, including a 10% tax on Chinese goods, are set to take effect, potentially raising prices across a wide range of industries, from agriculture to automobiles. The U.S. Chamber of Commerce has <a href="https://www.benzinga.com/markets/25/02/43423288/trumps-tariffs-are-here-heres-what-will-get-more-expensive-from-canada-china-and-mexico">raised alarms</a> about potential supply chain disruptions and increased costs for American families. The group highlighted concerns over the $46 billion worth of agricultural trade with Mexico and $97 billion in energy exports from Canada, both of which could be impacted by the tariffs.
See Also: <a href="https://www.benzinga.com/news/25/01/43388482/after-imposing-tariffs-on-canada-donald-trump-threatens-100-levy-on-brics-for-move-against-dollar-ho" target="_blank" rel="noreferrer noopener">After Imposing Tariffs On Canada, Donald Trump Threatens 100% Levy On BRICS For Move Against Dollar: ‘How Will US Manage Production From Slippers To Ships?,' Asks Expert</a>
Price Action: The U.S. Dollar Index Spot was trading 1.3% higher at 109.776 on Monday, as of 3:07 a.m., ET. The 52-week high for the index stood at 110.1760 level. The index has risen by 1.06% year-to-date.
According to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>, the exchange-traded funds tracking the index, Invesco DB US Dollar Index Bullish Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>) and WisdomTree Bloomberg US Dollar Bullish Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USDU#NYSE">USDU</a>) have returned 5.62% and 7.08%, respectively, over the last one year.
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which tracks the S&amp;P 500 index, closed 0.53% lower at $601.82 on Friday. Meanwhile, the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which tracks the Nasdaq 100, fell 0.15% to $522.29.
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/03032823/USD-ETFs-1024x576.png" alt="" class="wp-image-762002" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/03032823/USD-ETFs-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/03032823/USD-ETFs-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/03032823/USD-ETFs-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/03032823/USD-ETFs-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/03032823/USD-ETFs.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/02/43427091/as-trump-imposes-tariffs-on-americas-3-largest-trading-partners-this-macro-strategist-calls-the-policy-a-tool-to-transition-us-to-a-more-sustainable-future-amid-grotesque-money-printing">As Trump Imposes Tariffs On America&#8217;s 3 Largest Trading Partners, This Macro Strategist Calls The Policy A &#8216;Tool To Transition&#8217; US To A More Sustainable Future Amid &#8216;Grotesque&#8217; Money Printing</a></li>
</ul>
Photo courtesy: Shutterstock

Forex

Markets

USDU

PowerShares DB US Dollar Index Bullish Fund

Trump Tariffs Strengthen Dollar, But Hedge Fund CEO Sees Impending Decline

U.S. technology stocks tumbled in pre-market trading Monday after President Donald Trump imposed substantial tariffs on imports from Canada, China, and Mexico, raising concerns about potential <a href="https://in.benzinga.com/markets/25/02/43423087/canada-retaliates-against-trumps-tariffs-with-countermeasures-25-tariffs-on-107-billion-of-us-made-goods">retaliation affecting the tech sector</a>.
What Happened: NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) fell 3.91% to $115.38 in pre-market trading, while Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) dropped 1.46% to $409.01. Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) declined 2.01% to $231.25, Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) slipped 1.66% to $677.76, and Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) decreased 2.11% to $19.02.
Semiconductor stocks have been particularly hard hit. Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) dropped 2.95%, while Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) fell 2.62%, and Taiwan Semiconductor Manufacturing Company Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) declined 3.26%.
The sell-off comes in response to Trump&#8217;s Saturday announcement of 25% tariffs on imports from Mexico and Canada, along with a 10% tariff on Chinese goods, <a href="https://in.benzinga.com/25/02/43423620/trumps-tariffs-fed-rate-decisions-and-americas-debt-crisis-this-week-in-economics">all effective Tuesday</a>. The U.S. Chamber of Commerce warned these measures could significantly disrupt supply chains and increase costs for American businesses and consumers.
See Also: <a href="https://www.benzinga.com/markets/equities/25/02/43427786/chamath-palihapitiya-relocates-business-to-nevada-citing-delaware-judicial-activism-against-tesla-shareholders">Chamath Palihapitiya Relocates Businesses To Nevada Citing Delaware &#8216;Judicial Activism&#8217; Against Tesla Shareholders</a>
Why It Matters: The new tariffs compound existing pressures on the tech sector, which was already grappling with last week&#8217;s <a href="https://www.benzinga.com/markets/equities/25/01/43256925/chamath-palihapitiya-warns-of-ai-shift-the-battle-is-now-more-about-ai-inference-vs-training-as-deepseek-sparks-nvidia-selloff">semiconductor sell-off</a> triggered by concerns over Chinese AI competition. That earlier decline had seen NVIDIA lose $600 billion in market value in a single trading session.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) also reflected the broader market uncertainty, falling 2.55% to $95,189.83 in the last 24 hours, as investors assessed the potential impact of escalating trade tensions on global markets.
The tariffs could particularly affect companies with <a href="https://in.benzinga.com/markets/25/02/43423288/trumps-tariffs-are-here-heres-what-will-get-more-expensive-from-canada-china-and-mexico">significant manufacturing operations</a> in Mexico and China, with economists warning about potential retaliatory measures from these trading partners. Professor Sung Won Sohn of Loyola Marymount University noted, &#8220;Consumers are going to be clearly worse off.&#8221;
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/02/43425232/gary-black-warns-teslas-18-export-volume-at-risk-amid-trump-tariffs-full-scale-retaliatory-trade-war-possible">Gary Black Warns Tesla&#8217;s 18% Export Volume At Risk Amid Trump Tariffs: &#8216;Full-Scale Retaliatory Trade War&#8217; Possible</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Global

$BTC

AAPL

AVGO

INTC

MSFT

SMCI

Nvidia, SMCI, Broadcom, And Other Tech Stocks Slide In Monday Pre-Market As Trump Imposes Tariffs On Imports From China, Mexico, And Canada

Raymond James analyst Brian Gesuale downgrades Aptiv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APTV#NYSE">APTV</a>) from Outperform to Market Perform.

APTV

Raymond James Downgrades Aptiv to Market Perform

Renowned economist Peter Schiff commented on Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) market slump on Sunday, drawing an unusual analogy with &#8220;soothsayer&#8221; groundhog &#8220;Punxsutawney Phil&#8217;s&#8221; prolonged winter prediction.
What Happened:&nbsp;Schiff took to X to point out the large drop in the value of Bitcoin and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), the two biggest cryptocurrencies by market capitalization.
Bitcoin <a href="https://www.benzinga.com/25/02/43425613/bitcoin-crashes-below-92000-ethereum-dogecoin-slump-as-trumps-tariff-war-spooks-investors-analyst">fell below $92,000</a> for the first time since Jan. 13, while Ethereum plunged over 25% to a nearly 3-month low on a day marked by the largest cryptocurrency liquidations ever, totaling more than $2 billion.
&#8220;It looks&nbsp;like Punxsutawney Phil was right&nbsp;about that long crypto winter,&#8221; Schiff said, in a cheeky reference to the popular groundhog.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">In case you haven&#39;t noticed, Bitcoin is down 7% tonight, trading just above $93,000, but Ethereum is crashing. It&#39;s down 20%, trading below $2,500, but an hour ago it hit $2,100, down about 33% in one night! It looks like Punxsutawney Phil was right about that long crypto winter.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1886251199164256301?ref_src=twsrc%5Etfw">February 3, 2025</a></blockquote>
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See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/02/43425216/elon-musk-supports-putting-treasury-department-operations-on-blockchain-to-fix-irregularities">Elon Musk Says Treasury Officials &#8216;Breaking The Law Every Hour&#8217; By Approving Fraudulent Payments — DOGE Lead Wants A Blockchain Fix</a>
Why It Matters:&nbsp;Punxsutawney Phil, the mascot of the Punxsutawney Groundhog Club in Pennsylvania, is a beloved animal <a href="https://www.benzinga.com/news/24/02/36911978/peta-casts-shadow-over-groundhog-day-wants-this-method-used-instead-how-does-stock-market-perform-on">known for predicting the length of winter</a>.
Each year, on Feb. 2, "Punxsutawney Phil" emerges from his home and predicts the upcoming weather. If Phil sees his shadow, it means six more weeks of winter. Not seeing his shadow means an early spring. This year, Phil saw his shadow, forecasting another six weeks of winter, <a href="https://apnews.com/article/punxsutawney-phil-groundhog-winter-forecast-ab11e8b4745227fe2b218d2ccebbbaa4">according </a>to AP News. 
Schiff linked it to the ongoing market-wide decline, calling it a &#8220;cryptocurrency winter,&#8221; a period when cryptocurrencies witness massive losses.
Schiff has been a vocal critic of Bitcoin, <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42878139/peter-schiff-doesnt-hate-bitcoin-but-warns-millions-will-lose-more-than-they-can-afford-in-speculative-mania">questioning the speculative frenzy</a> surrounding it and its narrative of a long-term store of value.
Price Action: At the time of writing, Bitcoin was trading at $95,410.00, down 4.40% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.&nbsp;
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43423466/how-does-pete-hegseth-feel-about-bitcoin-his-financial-filings-reveal-the-answer">How Does Pete Hegseth Feel About Bitcoin? His Financial Filings Reveal The Answer</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>
Photo courtesy: Shutterstock

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

Cryptocurrency

$ETH

Peter Schiff Highlights 'Crypto Winter' Prediction By 'Punxsutawney Phil' As Bitcoin And Ethereum Plunge

Acroname, a Valens Semiconductor company, today announced that it has launched a new product, the USBExt3c, a 3-port switchable hub with dedicated point-to-point USB3 and USB2 extension, combined with advanced PoE and USB-C power delivery. The product allows AV installers and OEM product manufacturers to control, manage and extend USB devices, streamlining product deployment for industries such as machine vision, corporate, and education.

Acroname, a Valens Semiconductor Company, Launches USBExt3c to Streamline USB Connectivity for AV and OEM Industries

An announcement from Cingulate Inc ( ($CING) ) is now available. Cingulate Inc. has reinstated the pre-cut salaries of its top executives and conti...

Cingulate Inc: Executive Pay Restored, Funding Up, FDA Study Launched

Cingulate files to sell 1.5M shares of common stock for holders

Cingulate reports Q3 results

Maxim upgraded Cingulate (CING) to Buy from Hold with an $8 price target Published first on TheFly – the ultimate source for real-time, market-movi...

Cingulate upgraded to Buy from Hold at Maxim

Cingulate (CING) has completed a financing transaction with an accredited investor which provided net proceeds to CING of $5M. The transaction was ...

Cingulate completes financing transaction for net proceeds of $5M

The latest announcement is out from Cingulate Inc ( ($CING) ). Cingulate Inc. has secured a $5 million financing arrangement through an unsecured p...

Cingulate Inc Secures $5M Financing for Strategic Growth

Cingulate (CING) announced that it has completed its final FDA-required study, which is a food effect study, for CTx-1301 for the treatment of Atte...

Cingulate completed final FDA-required study for CTx-1301 for ADHD

Cingulate Inc ( ($CING) ) has provided an announcement. Cingulate Inc. announced the completion of its final FDA-required food effect study for CTx...

Cingulate Inc Completes Key FDA Study for ADHD Drug

Naz Rahman, an analyst from Maxim Group, reiterated the Buy rating on Cingulate Inc (CING – Research Report). The associated price target remains t...

Cingulate Inc's Promising Market Positioning and Accelerated Path to Market Entry for CTx-1301

Roth MKM initiated coverage of Cingulate (CING) with a Buy rating and $12 price target The firm's optimism is driven by CTx-1301's Phase 3 data dem...

Cingulate initiated with a Buy at Roth MKM

CING

Screenshot 2024-09-03 at 6.27.41 PM

Interview

New ADHD Medication Is On Track For NDA Filing Within A Year – Hear From This Biotech&#39;s CEO

Screenshot 2024-07-02 at 9.57.07 AM

This Biotech Just Cleared A Big FDA Hurdle In Its Quest To Improve ADHD Treatment

Screenshot 2024-06-17 at 5.44.16 PM

Cingulate (NASDAQ: CING) Receives FDA Clearance To Apply For New ADHD Drug Approval

Screenshot 2024-05-07 at 10.50.27 PM

FDA New Drug Application In The Works For This Innovator In ADHD Drug Delivery

Press Releases

Cingulate Reports Second Quarter 2024 Financial Results and Provides Development Update on Major Milestones Achieved

Legal

Cingulate Issued European Patent for Lead Asset CTx-1301 for the Treatment of ADHD

Cingulate Announces Adjournment of Special Meeting

Cingulate to Participate in Benzinga All Live Access Event

September 04, 2024 09:00 AM, Eastern

Cingulate Initiates Final Study for Lead ADHD Asset CTx-1301

Cingulate's Shane Schaffer Joins Cast of Nationally Syndicated Big Biz Show

Cingulate Reports Third Quarter 2024 Financial Results Reflecting $19.5 Million Increase in Working Capital to Advance ADHD Drug to Market

Financing

Cingulate Completes Financing Transaction for Net Proceeds of $5,000,000

Final Study Completed for Cingulate's Lead Asset CTx-1301

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