Tag Archives: worth

Bitcoin’s price continues to climb, a consistent flow of BTC is leaving exchanges and bitcoin “whale” sightings are becoming more frequent. But beyond the market frenzy, how does it all work?  Is bitcoin money or a technology? Is it a store of value like gold or does it emulate Milton Friedman’s “e-cash” idea?  And while the world struggles to come to terms with bitcoin – perhaps most clearly shown in the discrepancy between bitcoin’s current price and asset manager Source link

(Bloomberg) — For all the headline-making drama surrounding Elon Musk and his brainchild Tesla Inc., investors were rewarded handsomely for their patience this year. Now that the company is maturing into blue-chip status with its addition to the S&P 500 Index this month, what happens next may boil down to some simple questions: What type of company is Tesla exactly? And how should the stock be valued? Wall Street’s answers, however, are wildly different — Goldman Sachs has a price target… 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