Mike Blake/Reuters Shark Tank investor Kevin O’Leary told The Pomp Podcast that bitcoin is too volatile and illiquid for his portfolio but he would like to own a cryptocurrency ETF. “Give me the top 7 cryptocurrencies, put them into an ETF wrapper, and let me invest in it with liquidity so that if I want […]
The Real Reason Why You Shouldn’t Spend Bitcoin
Dan Held, growth lead at crypto exchange Kraken, tweeted on November 23, “Why would anyone want to spend their crypto?” The next day he said, “Don’t spend. HODL. Trust me, you’ll regret it!” But this is all quite perplexing. What is the point of Bitcoin if it’s not used to buy and sell things? Why […]
Brewery owners tout Bitcoin with new coffee business
John and Kathryn Holler, owners of Holler Brewing Co., 2206 Edwards St., launched Sovereign Coffee Project to promote the use of Bitcoin. John Holler believes Bitcoin is pure hope. “It is a peaceful triumph of justice over tyranny, of wealth over debt, and of peace over war. And it’s something we can all participate in,” […]
Don’t get caught up in the hype as bitcoin hovers around $19,000
Don’t get caught up in the hype as bitcoin hovers around $19,000 Search quotes, news & videos Source link
Top Risks of Bitcoin – SWFI
Posted on 11/29/2020 Investors have a renewed interest in digital currencies, which includes Bitcoin. From March 2020 low of US$ 4,900, Bitcoin rose almost 300% by November 2020. Hedge funds, retail investors, and speculators have been attracted to the digital currency. From all the cryptocurrencies introduced, Bitcoin is considered the most trending and successful currency […]
WSJ Wealth Adviser Briefing: Hospital Stocks Soar, Business Travel Drop, Tranquil Japanese Laundromat – The Wall Street Journal
WSJ Wealth Adviser Briefing: Hospital Stocks Soar, Business Travel Drop, Tranquil Japanese Laundromat The Wall Street Journal Source link
Big investors follow billionaire Ray Dalio in slamming bitcoin ‘casino’ as hedge funds pile in
Bitcoin was on the verge of reaching a record high $20,000 earlier this week, but the cryptocurrency’s sharp rise was cut short after its price fell by almost 11% on 26 November — one of the biggest declines since March. Heavyweight investors have begun to cast doubt over some predictions that the price could climb […]
Historian Niall Ferguson Says Bitcoin Is Winning the Covid-19 Monetary Revolution
Historian and senior fellow with the Hoover Institution at Stanford University, Niall Ferguson says bitcoin is winning the Covid-19 monetary revolution. Hailing the virtual currency as a great place for the rich to store their wealth, Ferguson also notes that the bitcoin’s resilience has forced critics as well as institutional investors to alter their views […]
Nigerian stocks close November with biggest monthly gains in two years
The Nigerian stock market closed the month of October with aplomb posting the biggest monthly gains in almost two years. The Nigerian All Share Index ended the point with 35,034 points closing with a month to date gains of 14.72%. Stocks are up 30.48% year to date and on track to reverse the losses of […]
Potential Bitcoin Forecast Target at 23,340 says Julius Baer Analyst
Image © Adobe Stock The price of Bitcoin has made another attempt at going back to the hallowed $20K mark over the course of the past 24 hours, but ultimately failed. However, a technical analyst at a noted Swiss private bank says technical studies are advocating for further gains and traders should stay ‘long’ on […]