Tag Archives: Bitcoin

(Bloomberg) — The recent pullback in Bitcoin’s volatility is setting the stage for a trend that could encourage institutions to dive in, according to JPMorgan Chase & Co. “These tentative signs of Bitcoin volatility normalization are encouraging,” strategists including Nikolaos Panigirtzoglou wrote in report emailed Thursday. “In our opinion, a potential normalization of Bitcoin volatility from here would likely help to reinvigorate the institutional interest going… Source link

TipRanks Keep on Buying These 3 EV Stocks, Says Analyst Following Conference Investors are always on the lookout for the next big thing, the next industry that will bring the great returns. Predicting what stock sector will blast off is an inexact science, at best; but like politics, stocks run downstream from culture. And right now, culture is all-in for clean energy and electric cars. Observing the electric vehicle (EV) stock sector for Colliers Securities is industry expert Michael Shlisky…. Source link

You can’t keep bitcoin down.  That’s true in a lot of places around the world, from Belarus to Nigeria, where crypto is a workaround for dissidents and a substitute for unreliable monetary systems.   This article is excerpted from The Node, CoinDesk’s daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here.  Related: Tesla Just Helped Patch a Bug in This Open Source Bitcoin Payment Processor But it’s especially true… Source link

Bloomberg One of World’s Greatest Hidden Fortunes Is Wiped Out in Days (Bloomberg) — From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.Even on Wall Street, few ever noticed him — until suddenly, everyone did.Hwang and his private investment firm, Archegos Capital Management, are now at the center of one of the biggest margin calls of all time — a multibillion-dollar fiasco involving secretive… Source link

Bitcoin might become for India’s millennials what gold is for their parents, no matter what the government says.  India, the fifth-largest nation by nominal GDP, often makes headlines for its attempts to outlaw crypto, real or rumored. But the government’s less-than-friendly attitude toward crypto has not curbed Indians’ curiosity about it. Nor do rumors scare away the giants of the crypto world. Just last week, Coinbase announced it is planning to establish its presence in India…. Source link

Members can now earn up to $3,100 in bitcoin cashback rewards on a new mortgage or renewal Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced that it has extended its unique bitcoin cashback rewards program – which currently applies to the Mogo Visa* Platinum Prepaid Card and digital spending account – to include MogoMortgage. Under the program, Mogo members who take out a new mortgage or refinance with Mogo… Source link

TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ We’ll talk about dividend stocks, but we’ll get there through tax policy. The connection is simple: Government spending is going up, as exemplified by the $1.9 trillion COVID stimulus bill passed this month. Stimulative cash infusions into the economy are likely to boost consumer spending, and there are worries that the Biden Administration has no plans to pay for its increased spending. Several tax proposals made… Source link

Benzinga Alibaba, Amazon, Palantir, Google, Takeda, Unity — What Cathie Wood’s Ark Bought And Sold On Thursday Cathie Wood’s Ark Investment Management sends out an email every night listing the stocks that were bought or sold by the firm’s ETFs that day. In recent months, the emails have known to cause certain stocks to see a spike in the after-hours session. Here’s a list of 39 stocks that the hedge fund bought and sold on Thursday. Trades For Ark Fintech Innovation ETF (NYSE: ARKF):… Source link

Here’s some free advice for the Honda Motor Company: Market your cars to the newly bitcoin rich. I’ve already got the ad copy for you.  A true bitcoiner is building for the future and deferring gratification. She doesn’t blow her hard-earned savings on flashy toys. She prefers a solid, dependable family car. Related: UK Man Ordered to Pay More Than $571M for Fraudulent Bitcoin Trading Scheme: CFTC And a slogan…. Lambos are for losers. HODLers drive Hondas. Marc Hochstein, CoinDesk’s… Source link

Bloomberg Retail Trader Army Is Signaling Retreat on Latest Stimulus Wave (Bloomberg) — From bullish options to basketball trading cards, the multibillion-dollar retail frenzy is showing signs of fading.Just as $1,400 stimulus checks arrive all across the U.S., day-trader favorites are losing steam, stirring speculation that the army of individual investors who disrupted markets over the past year have opted to spend the cash on plane tickets and restaurants rather than their trading… Source link