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May 29, 2021
This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Cathie Wood and Tom Brady were among the keynote speakers at the 4-day crypto Consensus conference. Wood said a bitcoin supercycle is now out the window and shared her bullish outlook for ethereum. NFL legend Brady revealed how he got involved in crypto and why hes starting an NFT platform. Much like how crypto trades 24/7/365, the biggest virtual crypto gathe...
May 25, 2021
Major cryptocurrencies suffered double-digit declines as volatility extended into the weekend. At Consensus 2021, investors pondered whether the sell-offs signal the end of this bull cycle. They also shared how bitcoin can live up to Hal Finneys historic $10 million price prediction. It was the kind of volatility that keeps investors eyes glued to the screen. As last weeks wild fluctuations extended into the weekend, none of the major cryptocurrencies was spared from double-digit declines. Bi...
May 24, 2021
Blockchain.com Peter Smith is the CEO and cofounder of the Baillie Gifford-backed crypto startup Blockchain.com. Smith shared how, in 10 years, he built the firm from nothing to a business valued at $5 billion. He also laid out the four crypto trends and assets on his radar these days. The crypto market is tumbling. But Peter Smith, the chief executive and cofounder of Blockchain.com, is "hodling." "Ten years in crypto and I still havent figured out how to sell," S...
May 19, 2021
Wells Fargo Investment Institute Darrell Cronk is the president of Wells Fargo Investment Institute, an investment-research division. He told Insider his team is in the final stages of adding a crypto strategy for wealthy clients. He explained why they changed their minds on crypto and the key merits and risks of the asset. Major cryptocurrencies are down in the doldrums after Elon Musk, Teslas chief executive, fired off a whirlwind of tweets over the weekend. But ...
April 23, 2021
THORChain (RUNE). "DeFi is probably the best sector in terms of value drivers," he said. "All of these are growing entities where the token is either bootstrapping and helping facilitate that growth or directly capturing the revenue through some sort of a pass-through mechanism." Even before the Covid-19 pandemic, Dorman and his team noticed the desire for fans to stay engaged from home. While the internet and social media have made it possible for fans to connect with their idols, blockchain h...
April 12, 2021
The boom in cryptocurrencies is creating enormous opportunities for tech and finance companies. Wedbush Securities shares 5 stocks of companies that are "attracting this new market opportunity." It also highlights an altcoin that could double its valuation over the next 12 to 18 months. Back in 2013, Wedbush Securities was the first Wall Street brokerage to issue a research report about bitcoin and its underlying blockchain technology. The company said the digital token could rise to as much ...
February 27, 2021
R.Tsubin/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. After breaching a record-high of $58,000 last Sunday, bitcoin slid to $47,000 on Friday. Despite regulatory uncertainty, three CEOs of money managers are still bullish. They explain why bitcoin is still in its early stages and set to mature into a gold-like market cap. Is bitcoin entering a ...
February 23, 2021
With Bitcoin sliding on Monday after surging Sunday night, Treasury Secretary Janet Yellen admonished investors about the pitfalls that...
February 23, 2021
Tesla stock fell another 3.75% on Tuesday and has now entered a bear market, with a number of analysts attributing the stock's drop to Bitcoin.
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...