Tag Archives: Bitcoin

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

Bloomberg Biden’s Likely Tax Wins Are Personal-Rate Hikes, Audits of Rich (Bloomberg) — Democrats will likely prove successful in raising individual income tax rates and in strengthening audits of wealthy Americans as they work on overhauling the U.S. tax code in coming months.That’s a key takeaway from a survey of 15 current and former White House and congressional aides specializing in tax policy completed by Bloomberg this month. A tax on unrealized capital gains, as envisioned by… Source link

My brother posed a tough question on Zoom recently.  How could I, as someone working in the cryptocurrency industry, justify bitcoin’s energy footprint in the age of climate change?  Didn’t I used to write about global warming and the dangers it poses? (I did).  A lot of people are having some version of this discussion at the moment.  With BTC’s price rising and lots of green-minded VIPs, like Elon Musk, endorsing the idea, the long-running bitcoin energy debate is seeing new life.  I… Source link

Digital-asset traders and analysts were scrambling Tuesday to assess a fresh data point extracted from the Bitcoin blockchain: Some $806 million worth of the cryptocurrency apparently transferred earlier in the day off of the Coinbase exchange’s institution-focused unit, Coinbase Pro. The jury is out on what it means. It could be that a large investor or several just completed a fresh round of buying and now are taking the bounty off the exchange for long-term holding or other purposes. Or… Source link

Bloomberg Turkish Markets Slide as Agbal’s Exit Stokes Lira Turmoil (Bloomberg) — Turkey’s stocks, bonds and the lira tumbled as the shock dismissal of the central bank chief triggered concern the country is headed for a fresh bout of currency turbulence.In one of the sharpest selloffs in years, the Borsa Istanbul Index lost more than 9%, triggering circuit breakers that halted trading. The lira also weakened more than 9%, while yields on Turkish local and dollar bonds soared.Investors… Source link

Bloomberg Way-Off-Exchange Stock Volume Hit a Trillion, Then It Doubled (Bloomberg) — In the latest sign of extreme froth in retail trading, volume in the shadiest districts of U.S. equities doubled last month even as it slowed in the respectable parts.Trading exploded everywhere in January as the meme-stock frenzy descended on basically any company with even the faintest pulse and a good excuse to be pumped. While things calmed down in February on major U.S. exchanges, the opposite was true… Source link

Bloomberg Gold Set for First Back-to-Back Weekly Gain Since Early January (Bloomberg) — Gold rose, heading for its first consecutive weekly gains since January as the dollar wavered and investors assessed demand for the metal as a hedge against inflation.Equities fluctuated and Treasury yields retreated from the highest levels of the day, easing pressure on bullion. The Bloomberg Dollar Spot Index was little changed after rising earlier.Bullion has steadied after two straight monthly losses… Source link

Bitcoin (BTC) appears set to challenge record highs in the wake of this week’s dovish Federal Reserve meeting. One expert, however, is calling caution, based on his observation of price charts as bitcoin rose from lows near $43,000 seen earlier this month. The chart pattern has taken the shape of what’s known as a rising wedge, a sign of uptrend fatigue. “My concern is growing that we might run into a rising wedge scenario,” Patrick Heusser, head of trading at Swiss-based Crypto… Source link