Tag Archives: Bitcoin

Investment Establishes Marathon as One of the Only Pure-Play, Bitcoin Investment Options LAS VEGAS, Jan. 25, 2021 (GLOBE NEWSWIRE) — Marathon Patent Group, Inc. (NASDAQ:MARA) (“Marathon” or “Company“), one of the largest enterprise Bitcoin self-mining companies in North America, today announced that it has purchased 4,812.66 BTC in an aggregate purchase price of $150 million. As a result, the Company has strengthened its position as one of the only Nasdaq-listed, pure-play investment options… Source link

(Repeats Friday story with no change to text) By Samuel Shen and Alun John SHANGHAI/HONG KONG, Jan 22 (Reuters) – A global chip shortage is choking the production of machines used to “mine” bitcoin, a sector dominated by China, sending prices of the computer equipment soaring as a surge in the cryptocurrency drives demand. The scramble is pricing out smaller miners and accelerating an industry consolidation that could see deep-pocketed players, many outside China, profit from the bitcoin bull… Source link

In this article we talked about Cathie Woods’ recent comments about money supply, inflation, interest rates, bitcoin and present Woods’ top 10 small-cap stock picks. Click to skip ahead our lengthy discussion and see Cathie Woods’ Top 5 Small-Cap Stock Picks. “The year has certainly started off in a wild way.” ARK Investment Management’s CEO, Cathie Wood, said that for this year, she will be focusing on capital gains, tax rates and the corporate tax rates following the sweep of the democrats… Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could See Outsized Gains Well, it’s official. Joe Biden is now President, and he’ll be backed – at least for the short term – by Democratic majorities in both Houses of Congress. Wall Street is taking the measure of the new Administration, and sees, among its first moves, a boost in fiscal stimulus that is likely to goose consumer spending, bump corporate profits, and provide general economic support in the first half of 2021. Covering the… Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could See Outsized Gains Well, it’s official. Joe Biden is now President, and he’ll be backed – at least for the short term – by Democratic majorities in both Houses of Congress. Wall Street is taking the measure of the new Administration, and sees, among its first moves, a boost in fiscal stimulus that is likely to goose consumer spending, bump corporate profits, and provide general economic support in the first half of 2021. Covering the… Source link

Bitcoin has suffered two straight days of selling, bringing the price close to below $31,000. Also, ether funding rates for leveraged positions are cooling after a very heated few weeks. Bitcoin (BTC) trading around $31,850 as of 21:00 UTC (4 p.m. ET). Slipping 8.9% over the previous 24 hours. Bitcoin’s 24-hour range: $31,006-$35,656 (CoinDesk 20) BTC slightly above the 10-hour moving averages but well below the 50-hour on the hourly chart, a sideways-to-bearish signal for market… Source link

TipRanks These 3 “Strong Buy” Stocks Are Top Picks for 2021, Say Analysts Some traditions are too time-honored to shirk, and on Wall Street, the annual ‘top picks’ are one. Usually made at the very end or very beginning of a year, the Street’s analysts publish reviews on the stocks they believe will show the best performance in coming months – their top picks. The analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a variety… Source link

Square (SQ) stock took off in 2020. Boosted by the rise of digital payments and the increasing adoption of its peer-to-peer Cash App, investors sent shares up by a massive 245% throughout the year. Square’s success has been boosted by Bitcoin. Apart from the huge investment Square made last year by purchasing BTC worth $500 million (worth considerably more now), part of the Cash App’s appeal is for the easy way users can buy and sell Bitcoin. With the leading cryptocurrency breaching new… Source link

TipRanks 2 “Strong Buy” Stocks Trading at Steep Discounts Whether markets move up or down, every investor loves a bargain. There’s a thrill in finding a valuable stock at low, low price – and then watching it appreciate in the mid- to long-term. The key here for investors is finding options in which the risk/reward combination will work toward long-term advantage. So, how are investors supposed to distinguish between the names poised to get back on their feet and those set to remain… Source link

(Bloomberg Opinion) — The Federal Reserve isn’t happy about the pervasive talk of asset bubbles. Consider Tesla Inc., for instance. From my Bloomberg Opinion colleague John Authers: “The risks far outweigh the potential rewards. The more we see of such crazy behavior, the more we should prepare to take evasive action against a true investment bubble.” Or cryptocurrencies, from Scott Minerd, chief investment officer with Guggenheim Investments: “Bitcoin’s parabolic rise is… Source link