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Page 93 - கிரேஸ்கேல் பிட்காயின் நம்பிக்கை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bitcoin & DeFi Markets Are Rallying: Is a Pullback On the Way?

Another week in 2021 witnessed another few historic moments for Bitcoin. Last week saw a $1.5 billion investment in BTC by Tesla, and Mastercard’s announcement that it would be accepting Bitcoin on its network. This week, BTC crossed through the $50,000 mark for the first time and held levels above $50K for most of the week. The move past $50K has brought with it much media attention: Bitcoin, which was already riding high in the headlines because of the Tesla announcement, has stayed in the center of attention although not all of that attention has been positive. Bitcoin’s Rally Continues, and So Do Its PR Problems

First North American bitcoin ETF booms on debut with $165 million of trades

Cathie Wood Talks Tesla, Bitcoin, SPACs And More On CNBC: Here Are The Highlights

Famed investor and ETF manager Cathie Wood joined Scott Wapner and Bob Pisani on the “Halftime Report” on CNBC Wednesday to share opinions on some holdings across her funds. Wood On Tesla: Wood has been a notable bull on Tesla Inc (NASDAQ: TSLA) and it remains the largest holding in the signature Ark Innovation ETF (NYSE: ARKK). “Our confidence in Tesla has grown,” Wood said. The fund manager said no one is modeling the ride-share potential for Tesla when forecasting revenue and price targets. Rideshare could be more profitable for Tesla than electric vehicles. Related Link: 7 Stocks That Fit Cathie Wood’s Big Ideas 2021, Could Be Added To Ark ETFs Wood On Bitcoin: Wood has been bullish on Bitcoin recently hitting on the rise in valuation that could be seen if every S&P 500 company allocated 1% of cash to the cryptocurrency. “We have individuals now who really understand,” Wood said on Gary Gensler, the new U.S. SEC Chair. Gensler t

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