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January 21, 2021
Bitcoin fell as much as 11% on Thursday after a report from BitMEX Research suggested that a critical flaw called "double spend" had occurred in the Bitcoin
January 20, 2021
Bitcoin is the most crowded trade, according to a Bank of America fund manager survey. The cryptocurrency is dethroning tech stocks, which have held the most
January 19, 2021
Saylor, the chief executive of business intelligence and software company MicroStrategy (MSTR), raised some eyebrows when he deployed $250 million of its balance sheet to buy bitcoin in August last year. The purchase marked the first time a publicly traded company invested in bitcoin as part of its capital allocation strategy.ย In September, he upped the ante and bought another $175 million worth of bitcoin. The move was followed by Jack Dorseys Saylor made the boldest move in early December...
January 17, 2021
This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Bank of Americas "Bull & Bear" indicator showed sentiment climbed on a 1-10 scale to 7.1 last week from 6.7 on December 17. This prompted Bank of Americas chief investment strategist, Michael Hartnett, to say in a January 7 note that investors were rationalizing "increasingly irrational price action on Wall St." Hartnett laid out six warning signs to watch tha...
January 9, 2021
Bitcoin has more than doubled in less than a month, leaving analysts and investors stunned and concerned about a possible market bubble. In many ways the tokens
January 9, 2021
Bitwise Asset Management This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Matt Hougan is the chief investment officer of San Francisco-based Bitwise Asset Management, whose $542 million Bitwise 10 Crypto Index Fund (BITW) has returned 242% since its launch. Hougan and Bitwise researcher David Lawant break down five approaches to valuing bitcoin and cryptocurrencies in a new 64-p...
January 3, 2021
Bitcoin crosses $34,000 first time in 12 years, rises $5,000 in 3 days A day after crossing $30,000, Bitcoin reached an all-time high of $34,544.94 on Sunday as the rally continued for the third day of 2021. It later gave up some gains to hover around $33,000 BusinessToday.In | January 3, 2021 | Updated 18:36 IST Bitcoin continued its unabated rally on the third day of 2021. The most popular cryptocurrency surged past $34,000 on Sunday, the day of Bitcoin Networks 12-year anniversary. The deve...
December 24, 2020
ยป Bitcoin is irrelevant to financial markets and investors are going to weep if regulators come down hard on crypto, says Kevin OLeary Bitcoin is irrelevant to financial markets and investors are going to weep if regulators come down hard on crypto, says Kevin OLeary Emily GraffeoDec 27, 2020, 20:29 IST "Shark Tank"/ABC bitcoin is irrelevant to financial markets and at risk of regulation. His comments come as an increasing number of institutions like Guggenheim and SkyBridge capital invest...