Bitcoin soars amid new wave of Wall Street interest in cryptocurrency
Bitcoin and other cryptocurrencies shot upward this week amid news of more institutional interest in digital assets.
Source: washingtonexaminer.com
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Coinbase Chief Executive Armstrong sold US$291.8m in shares on opening day | Money
Monday, 19 Apr 2021 09:16 AM MYT A Coinbase App and logo is seen displayed on a smartphone and a laptop in the background January 1, 2021. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. NEW YORK, April 19 — Coinbase Chief Executive Brian Armstrong sold about US$292 million (RM1.2 billion) in shares in total during the cryptocurrency exchange’s first day of trading on the Nasdaq in the past week, according to regulatory filings. Armstrong sold 749,999 shares in three batches at prices ranging from US$381 to US$410.40 per share for total p...
Source: malaymail.com
Ray Dalio On Why Bitcoin Is Zooming And Why It Faces Hurdles As An Alternative Asset
Ray Dalio on why Bitcoin is zooming and why it faces hurdles as an alternative asset The American billionaire hedge fund manager says Bitcoin’s rise is phenomenal and bubble-like. That’s what can deter investors from considering the cryptocurrency as an alternative store of value. Source: Reuters Bitcoin is the talk of the global financial markets as the digital currency is seeing a huge trading frenzy. With Tesla acquiring $1.5 billion of the cryptocurrency, Bitcoin’s price has zoomed into the stratosphere. One Bitcoin is now worth about $45,500, higher by 57% in 2021; even more than 2...
Source: moneycontrol.com