Virtual Currencies/Cryptocurrencies
- Finance
Pressure mounts on Coinbase IPO as crypto exchange prepares to face the hype
Coinbase is set to make history for cryptocurrency companies everywhere this week, as it prepares to list its shares publicly on…
Read More » - Finance
Ark’s Cathie Wood predicts these two trends will be the next disruptors
Digital wallets and genomics are the next big disruptive trends, according to founder and chief investment officer of Ark Investment…
Read More » - Market
Coinbase stock pops after going public, with crypto company valued above $100 billion
Coinbase Global Inc. became the most valuable U.S. exchange Wednesday amid strong demand for the cryptocurrency platform’s newly public stock.…
Read More » - Market
Opinion: Should you buy Coinbase? The valuation is ridiculous, based on this math
Even though Coinbase’s revenue surged over the past 12 months, the company has little to no chance of meeting the…
Read More » - Market
Weekend reads: A warning for a record-high stock market
The S&P 500 index SPX, +0.32% keeps hitting record highs. That itself might not be alarming — a strong stock…
Read More » - Finance
Billionaire Peter Thiel warns bitcoin is a ‘Chinese financial weapon’ that needs tougher scrutiny
Bitcoin should be viewed as a “Chinese financial weapon” that poses a geopolitical threat to the US, PayPal founder and…
Read More » - Finance
Bitcoin rally helps crypto market cap soar past $2 trillion
Strong performances from bitcoin and ethereum have taken the market capitalisation of cryptocurrencies above $2tn for the first-time ever. Ethereum…
Read More » - Finance
NFT investment firm set for London IPO
A company designed to invest in non-fungible tokens (NFTs) has announced it is aiming to raise £10m in a float…
Read More » - Market
Ether, the No. 2 crypto, hit a record above $2,100 as bitcoin trades near $60,000 on Good Friday
The world’s second-most prominent crypto on Friday touched a fresh record above $2,100. Ether ETHUSD, +0.01%, running atop the ethereum…
Read More » - Finance
Bitcoin nearing $60,000 as PayPal permits payment using the crypto
The price of bitcoin jumped to nearly $60,000 following an announcement by PayPal that it would allow users to use…
Read More » - Finance
Elon Musk and Jack Dorsey bitcoin bets signal they’re ‘aligned with the mission’
The investments made by Elon Musk’s Tesla and Jack Dorsey’s Square in bitcoin are a signal they believe in the…
Read More » - Finance
Ark’s Cathie Wood says bitcoin at $1tn ‘is nothing compared to where this ultimately will be’
Cathie Wood, the US star fund manager and founder of Ark Investment Management, has said bitcoin is currently in its…
Read More » - Finance
Fidelity is exploring launch of a bitcoin ETF
Fidelity Investments unveiled plans 24 March to launch an exchange-traded fund that tracks the price of bitcoin, furthering the money manager’s…
Read More » - Finance
Elon Musk says Tesla’s cars can now be bought with bitcoin
Tesla chief executive Elon Musk has said that the company’s electric cars can now be bought using the cryptocurrency bitcoin.…
Read More » - Market
7 things NOT to buy with your $1,400 stimulus check
Stimulus checks are quickly making their way into Americans’ bank accounts and mailboxes. Many Americans will put the money towards…
Read More » - Market
A bitcoin winter ahead? Crypto expert predicts just that, but after digital asset hits $300,000 at end of 2021
Bitcoin prices could reach $300,000 soon — but then sink into a dark period, if history is any gauge, according…
Read More » - Finance
Morgan Stanley to offer bitcoin funds to clients from next month
Morgan Stanley is to launch access to three bitcoin-linked funds from next month, becoming the latest in a throng of Wall…
Read More » - Finance
Bank of America slams ‘volatile’ and ‘impractical’ bitcoin
Analysts at Bank of America have attacked bitcoin as “exceptionally volatile” and “impractical” in a 17 March research note. In…
Read More » - Finance
EU watchdog doubles down on crypto warning amid bitcoin boom
The European markets regulator has repeated warnings about the risks of cryptoassets for investors, noting that record prices for cryptocurrencies…
Read More » - Finance
From bitcoin to blockchain: Inside Goldman Sachs’ crypto unit
As the meteoric rise of bitcoin and other cryptocurrencies continues at pace, investment banks are now getting in on the…
Read More » - Finance
Bitcoin slips from record high of $61,000 as regulatory scrutiny mounts
Bitcoin has retreated from its all-time high of $61,000 over the weekend, edging down more than 8% in intra-day trading…
Read More » - Finance
It’s not just Tesla that takes bitcoin — here are the retailers accepting payment in crypto
Bitcoin has had a meteoric year as institutional investors, investment banks and fund managers, such as Tesla, Square and JPMorgan,…
Read More » - Finance
JPMorgan wants to launch a crypto basket for bitcoin-friendly traders
JPMorgan is seeking permission to launch a basket of stocks with exposure to cryptocurrencies, in a move that would avoid…
Read More » - Finance
Mark Mobius: ‘I fear a decline of the bitcoin price’
Veteran fund manager Mark Mobius said he fears a decline in the price of bitcoin could have a knock-on effect…
Read More » - Finance
Crypto firm Cred failed due diligence, set ex-UK fugitive in charge of capital raising
Cryptocurrency investment platform Cred unwittingly put a convicted financial criminal identified by the UK as a fugitive in charge of…
Read More » - Finance
It’s not just bitcoin — here are the top 10 biggest cryptocurrencies
Cryptocurrencies have gone from an obscure part of finance to centre-stage over the last year. In the space of 12…
Read More » - Finance
Bitcoin pushes back above $1tn market cap as it reaches two-week high
The value of the world’s largest cryptocurrency has surpassed $1tn for the second time after digital asset prices jumped. Bitcoin’s…
Read More » - Finance
Here’s how Wall Street banks are hiring for the blockchain revolution
JPMorgan is spearheading the charge on Wall Street, as the world’s top banks are rapidly hiring to beat the competition in developing…
Read More » - Finance
Bitcoin’s chances of hitting $100,000 in 2021 stumble as Kanye West tipped to buy $100m
The likelihood of bitcoin reaching $100,000 in value this year has fallen to 36% following a difficult week for the…
Read More » - Finance
Mark Mobius: Yep we’re in a bubble, especially in crypto
Mark Mobius, the veteran emerging markets investor, has warned a bubble is forming in certain parts of the global financial…
Read More » - Finance
FOMO driving billionaire hedge fund boss Daniel Loeb to ‘deep dive’ into cryptos?
Daniel Loeb, chief executive of hedge fund Third Point, said he has been on a “deep dive” into cryptocurrency recently…
Read More » - Finance
Goldman Sachs revives cryptocurrency desk to cash in on bitcoin hype
Goldman Sachs has relaunched its trading desk for cryptocurrencies as demand for bitcoin and other digital assets continues to increase.…
Read More » - Finance
Here’s how bitcoin could become the preferred unit for global trading, says Citigroup
Bitcoin has reached a “tipping point” that could see it either be adopted as the preferred currency for international trade…
Read More » - Finance
Investing heavyweights managing $21tn see FOMO driving bitcoin to $100k by year-end
Some of the world’s largest investors have indicated bitcoin is in bubble territory, with almost 30% predicting frenzied speculation will…
Read More » - Market
Nvidia’s quarterly sales topped $5 billion for first time amid holiday scramble for gaming gear
Nvidia Corp. reported Wednesday that quarterly topped $5 billion for the first time in the fourth quarter, as holiday gaming…
Read More » - Market
Tesla stock’s drop likely related to bitcoin bet
Tesla Inc. stock entered a bear market on Tuesday and a few analysts pinned that on the Silicon Valley electric-car…
Read More » - Market
Should I buy bitcoin? Why the cryptocurrency is on the verge of a bear market
Bitcoin was on the brink of entering a bear market Tuesday as the volatile crypto asset suffered a double-digit plunge…
Read More » - Market
A tangled market web of Tesla-bitcoin-ARK Investment could spell trouble for investors, warns strategist
Tuesday is shaping up to be a tough one for technology stocks, after a selloff greeted investors to start the…
Read More » - Finance
Bitcoin fall pushes Jeff Bezos to overtake Elon Musk as world’s richest man
Elon Musk no longer holds the title of the world’s richest man after Tesla’s shares dropped 8.6% on February 22,…
Read More » - Finance
Billionaire fund manager Alan Howard takes stake in British bitcoin startup
Billionaire hedge fund mogul Alan Howard and a selection of current and former Goldman Sachs partners are among the backers…
Read More » - Market
Treasury’s Yellen criticizes bitcoin again as ‘inefficient’ and highly speculative
Bitcoin keeps going up in value and setting records, but U.S. Treasury Secretary Janet Yellen is not as high as…
Read More » - Finance
Tesla’s Elon Musk says bitcoin is a better investment than cash
Billionaire Elon Musk has said bitcoin is a better investment than owning fiat currency — but only just. Following his…
Read More » - Finance
HSBC, JPMorgan among banks dipping into crypto and blockchain — Here’s the list
Since its emergence in the last decade, usage of blockchain has proliferated among the world’s top financial institutions. Most major…
Read More » - Finance
Billionaire Jeff Gundlach says bitcoin beats gold as ‘stimulus asset’
A long-time gold bull and prominent investor Jeffrey Gundlach has had his head turned by cryptoassets, after noting that bitcoin…
Read More »
