Tag Archives: Bitcoin

While 2020 has been a very difficult year, it has, ironically, been a catalyst year for fintech and crypto. And there are no signs of the momentum slowing down in 2021! Henri Arslanian is Global Crypto Leader, PwC and an Adjunct Professor, University of Hong Kong. Here are my 10 crypto predictions for the coming year: 1. China leading the CBDC and future of money race As we predicted last year, 2020 was a banner year for central bank digital currencies (CBDCs). With 80% of central banks active on… Source link

The price of bitcoin hit a new all-time-high on Nov. 30, driven by institutional buying and other factors that have accelerated in 2020. Read more: Bitcoin: 74 questions answered Bitcoin’s previous peak was in mid-December 2017, almost exactly three years ago. But different bitcoin exchanges and data sites vary on what that 2017 peak actually was: Bloomberg, using terminal data, pegs it at $19,511; CoinDesk, the bitcoin news site, lists it at $19,783; CoinMarketCap, the data partner Yahoo… Source link

(Bloomberg) — Bitcoin and other digital coins steadied Friday after posting some of the biggest declines since the onset of the pandemic, a selloff that stoked fresh questions about this year’s boom in cryptocurrencies. Bitcoin climbed above $17,400, following a slide of as much as 14% to $16,227 on Thursday. Fears over tighter crypto regulations and profit-taking after a frenetic rally were among the reasons cited for the tumble. “After big rallies in shares and various other assets,… Source link

GlobeNewswire Black Friday & Cyber Monday Hisense TV Deals (2020): 43, 55, & 65 Inch 4K Smart TVs & More Sales Rounded Up by Saver Trends Hisense TV deals for Black Friday & Cyber Monday 2020, including Laser projector TVs, Roku TVs & more savings Find the latest Hisense TV deals for Black Friday & Cyber Monday, including the latest 4K Roku TV with Dolby Vision and full HD Android TV sales. Browse the latest deals in the list below.Best Hisense TV Deals: * Save up to 52% on a wide range of… Source link

TipRanks J.P. Morgan: 2 Stocks to Consider Buying (and 1 to Stay Away From) In a report on current market conditions – and the strategic view going forward – JPMorgan’s Marko Kolanovic sees plenty of reasons for optimism. Kolanovic sees that risk has eased in the last few weeks, and taking the usual daily fluctuations into account, markets are likely to see a sustained rally.The biggest news, in Kolanovic’s view, are the positive reports about the rapid development and imminent… Source link

Bitcoin (BTC-USD) is back. The most popular cryptocurrency has breached $19,000 and is approaching the record high it touched in 2017, before a spectacular crash. Longtime bull Mike Novogratz said bitcoin is a solid buy for everyday investors. “Bitcoin is for everyone,” he said in an interview with Yahoo Finance Live. “Everyone should put 2% to 3% of their net worth in bitcoin and look at it in five years, and it’s going to be a whole lot more.” Novogratz is a big player in bitcoin,… Source link

TipRanks Bull Moves: Analysts Just Upgraded These 3 Hot Stocks The world’s largest asset manager is impressed with the market’s recent gains, and it has made that sentiment clear by upgrading US stocks. In its recent reassessment of conditions in the American financial markets, investment giant BlackRock issued a general upgrade for Wall Street. This wasn’t an upgrade on particular stocks, but on the US market as a whole.Explaining the move, the BlackRock note points out that the daily… Source link

Bloomberg HSBC Shares Surge on Dividend Bets as Turnaround Gains Steam (Bloomberg) — HSBC Holdings Plc shares surged as much as 8% in Hong Kong trading on optimism Europe’s biggest lender may soon resume paying dividends as a turnaround gathers speed.The shares rose 6.8% to HK$42.45 as of 11:54 a.m. in Hong Kong, paring this year’s decline to 30%. They gained 4.1% in London on Tuesday.“This is mainly due to the change in market expectation, as HSBC’s operating conditions aren’t as… Source link

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100,000 in a year. It’s a wager that has drawn eye-rolls from skeptics who believe the volatile cryptocurrency is a speculative asset rather than a store of value like gold. Since January, bitcoin has gained 160%, bolstered by strong institutional demand as well as scarcity as payment companies such as… Source link

Bitcoin topped $18,600 on Friday, continuing a vertical climb that accelerated in early October. The largest digital currency by market cap is up 160% in 2020, and up 190% since March 15, following a crash in the second week of March that saw the price drop 25%. Now it’s not far from its all-time-high of around $19,800 toward the end of December 2017. Bitcoin (BTC) bulls are hoping this time is different. And it is, judging by the breathless media coverage and general mania: there isn’t… Source link