Bitcoin’s potential institutional adoption has been a hot topic in markets. Photo: Chesnot/Getty Images Cryptocurrency prices were volatile on Monday morning, after a wild weekend of selling that saw some tokens plunge by as much as 13%. Bitcoin (BTC-USD) was down 1.2% to trade at $57,096 (£41,113) by 9.40am in London. Meanwhile, ethereum (ETH-USD), the second largest cryptocurrency, was down around 1% to trade at $2,253.41. Ripple (XRP-USD) was at one point 9.2% higher on Monday morning… Source link
Read More »Bitcoin Could Boom 430% but Ethereum May Still Steal its Thunder
Bitcoin believers may have new reason to rejoice following the stimulus checks, but Ethereum has use cases on its side. U.S. President Joe Biden’s $1.9 trillion COVID Relief Bill has passed congress and stimulus checks are soon to be distributed. Early signs indicate recipients are ready to buy Bitcoin. A survey by Mizuho Securities showed that out of 235 participants who expect to receive stimulus checks from the COVID Relief Bill, 10% are interested in investing in Bitcoin. It’s a small… Source link
Read More »21Shares to List Ethereum, Bitcoin Cash ETPs on Deutsche Boerse’s Xetra
Bloomberg Deliveroo Kicks Off London IPO, Bolstering Busy U.K. Market (Bloomberg) — Food-delivery company Deliveroo kicked off an initial public offering in London that could raise billions of pounds and put the U.K. market on track for its best-ever first quarter.The startup plans to raise capital by selling new stock, while existing holders also will sell shares, according to a statement Monday that didn’t provide details on the size of the planned offering. The Amazon.com Inc.-backed… Source link
Read More »Grayscale’s Ethereum Trust Premium Follows Bitcoin Sibling Into Flipping Negative
Bloomberg Cathie Wood’s Power in Some Stocks Is Even Bigger Than It Seems (Bloomberg) — A rough week for Cathie Wood is reminding Wall Street that Ark Investment Management has a lot of cash in not that many companies. In fact, the firm’s dominance in some stocks may be even greater than it seems.Ark now owns more than 10% of at least 29 companies via its exchange-traded funds, up from 24 just two weeks ago, according to data compiled by Bloomberg.Less discussed are holdings of Nikko… Source link
Read More »Bitcoin and ethereum prices ‘seem high,’ says Musk
InvestorPlace 10 Dividend Stocks Increasing Their Payouts There are two types of dividend stocks: those that increase their annual dividend payments year after year, often referred to as Dividend Aristocrats, and those that grow their annual dividends by double-digit percentages every year. In early January, Rob Carrick, one of Canada’s best personal finance columnists, wrote an article about dividend stocks that doubled their payouts over the past 10 years. With an assist from Tom Connolly… Source link
Read More »Here’s Why You Might Want to Bail From Your Ethereum Bet
Ethereum (CCC:ETH-USD) is trading over $1,800 as I write this early on Feb. 11. It’s up 150% year-to-date (YTD). A similar story is told about Bitcoin (CCC:BTC-USD), the world’s largest cryptocurrency. A stack of ether or ethereum coins on a gold background. Source: Shutterstock InvestorPlace – Stock Market News, Stock Advice & Trading Tips When it comes to stocks and other investments, generally, I’m not particularly eager to write about them unless I’m bullish about their prospects…. Source link
Read More »‘Bitcoin and Ethereum Have Gone Completely Separate Directions,’ Feat. Bully Esq.
TipRanks 3 Stocks J.P. Morgan Says Are Ready to Rip Higher Take a deep breath, get ready, the New Year is just around the corner, and while we’re all ready to celebrate – just on principle, because getting out of 2020 is reason enough for joy – let’s also take stock of where we are and where we’re headed.There’s a growing sense of optimism, engendered by the availability of COVID vaccines and the potential they give for a return to normal on Main Streets around the country…. Source link
Read More »Here’s How Much Investing $1,000 In Ethereum 5 Years Ago Would Be Worth Today
TipRanks J.P. Morgan: 2 Cruise Line Stocks to Bet on (And 1 to Avoid) The coronavirus pandemic crisis shows no signs of abating, even with a vaccine coming on to the markets. We’re still facing severe social lockdown policies, with a number of states (such as California, Minnesota, and Michigan) forcing even harsher restrictions on this round than previously.It’s a heavy blow for the leisure industry that is still reeling from one of the most difficult years in memory. The difficulties… Source link
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