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Bitcoin Volatility On Path To Drop Below Amazon's, Analysts Say
Friday, March 5, 2021 - 1:38pm | 364What Happened: Annual Bitcoin volatility will drop below that of Amazon Inc. (NASDAQ: AMZN) in a few years if past patterns prevail, according to analysts from Bloomberg. In a Crypto Market Outlook report, analysts found that the Bitcoin volatility regression line is on track to...
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Bitcoin Play Cipher Mining To Go Public With SPAC Merger
Friday, March 5, 2021 - 11:26am | 654One of the leading providers of Bitcoin (CRYPTO: BTC) mining hardware and blockchain software and services is going public in a SPAC merger. The SPAC Deal: Cipher Mining is going public is a SPAC merger with Good Works Acquisition Corp (NASDAQ: GWAC), valuing the company at an enterprise...
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Wealth Managers Like Jim Paulsen Regret Not Having More Cryptocurrency In Portfolio: Reuters
Friday, March 5, 2021 - 10:04am | 347What Happened: Regulatory constraints around cryptocurrencies are a cause for concern for wealth managers across the globe. Jim Paulsen, Chief Investment Officer at the Leuthold Group that manages over $1 billion, is frustrated that he cannot purchase Bitcoin on behalf of its clients...
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7 Bitcoin And Cryptocurrency Accounts To Follow On Twitter
Friday, March 5, 2021 - 8:45am | 555It’s #FollowFriday and Benzinga is taking a look at Twitter (NASDAQ: TWTR) accounts to follow that provide insight into Bitcoin and other cryptocurrencies. Here is a look at accounts that investors may want to follow to get information on the cryptocurrency market. Make sure to also follow...
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American Green's Online Store Now Accepts Bitcoin And 5 Other Cryptocurrencies
Friday, March 5, 2021 - 8:05am | 324American Green Inc.’s (PINK: ERBB) online CBD Store and Emporium embraced Bitcoin (BTC) payments. Besides the most expensive digital coin, the Phoenix, Arizona-based tech company focusing on medical cannabis also accepts other cryptocurrencies, including Bitcoin Cash (BCH), Dai (DAI),...
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Tesla Should Sell Its Bitcoin and Buy Back Shares To Create 'Positive Momentum,' Says Analyst
Friday, March 5, 2021 - 12:01am | 626Tesla Inc (NASDAQ: TSLA) could create a “positive momentum” if its sold its Bitcoin (CRYPTO: BTC) holdings and initiated a buyback of its stock, according to Gary Black, a private investor and former CEO of Aegon Asset Management. What Happened: Black aired his views on social...
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Analyst Who Predicted $50,000 Bitcoin Sees Key Metric Indicating 'March To $100,000'
Thursday, March 4, 2021 - 10:48pm | 422Bitcoin (CRYPTO: BTC) may be headed for the $100,000 mark by the end of this month, according to Mike McGlone, a Bloomberg analyst. What Happened: McGlone, who previously ascribed a $50,000 plus level for the cryptocurrency, said in a March outlook report that if the Grayscale Bitcoin Trust (...
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Kraken CEO Says Bitcoin Hitting $1M In 10 Years 'Very Reasonable'
Thursday, March 4, 2021 - 6:56pm | 456Jesse Powell, CEO of the major U.S based cryptocurrency exchange Kraken, believes that Bitcoin will eventually replace all of the world's currencies. What Happened: In an interview with Bloomberg on Thursday, Powell said that Bitcoin would soon be worth the market cap of the U.S...
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Gold Advocate Peter Schiff Criticizes Mark Cuban And Kevin O'Leary For Turning Positive On Bitcoin
Thursday, March 4, 2021 - 6:09pm | 574Prominent gold advocate and Bitcoin skeptic Peter Schiff has criticized billionaire investors Mark Cuban and Kevin O’Leary for turning positive on Bitcoin. What Happened: “Bubbles typically peak when rational investors capitulate,” said Schiff on Twitter, calling them...
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Mark Cuban's Dallas Mavericks Now Accept Meme Crypto Dogecoin
Thursday, March 4, 2021 - 5:00pm | 365“Because we can,” Mark Cuban said in a press release. What Happened: The basketball team has announced today it will be accepting the cryptocurrency Dogecoin (CRYPTO: DOGE) as payment. “The Mavericks have decided to accept Dogecoin as payment for Mavs tickets and...
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'What's The Reason Not To Diversify?' Cathie Wood Talks Bitcoin Hitting $400,000, Rise Of NFTs
Wednesday, March 3, 2021 - 4:10pm | 464Ark Investment Management Founder and CEO Cathie Wood joined Benzinga’s "Raz Report" for an exclusive interview Wednesday. Wood shared her thoughts on cryptocurrency and the rise in the valuation of Bitcoin. Wood on Cryptocurrency: Wood listed Bitcoin as two of the points in the Ark...
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Why Crypto Veteran Charlie Lee Is Sounding Alarm Against NFT Craze
Tuesday, March 2, 2021 - 11:46pm | 615Litecoin (CRYPTO: LTC) creator Charlie Lee, is warning about the frenzy surrounding non-fungible tokens. What Happened: Lee, a former engineer at Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) search unit Google, sounded the alarm on the parallels between the ICO rush of 2017 and the current NFT...
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Fintech Focus For March 3, 2021
Tuesday, March 2, 2021 - 9:57pm | 2042Quote To Start The Day: Being an entrepreneur is an existential, not just a financial thing. Source: Nassim Nicholas Taleb One Big Thing In Fintech: The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a...
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Jack Dorsey's Square Commences Operations As An Industrial Bank
Tuesday, March 2, 2021 - 3:04am | 406Fintech company Square Inc. (NYSE: SQ) has officially commenced banking operations, nearly a year after receiving conditional approval to operate a bank. What Happened: Square, historically known for its card reader and point-of-sale solutions, said Monday that its industrial bank has commenced...
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Green Eggs & SPAC: What Could Tweet From Elon Musk Mean?
Tuesday, March 2, 2021 - 2:10am | 656One of the most influential names in the investing world tweeted about SPACs on Monday. The question is what could the tweet mean. What Happened: Elon Musk, CEO of Tesla Inc (NASDAQ: TSLA), has moved the prices of stocks like GameStop (NYSE: GME) and Etsy Inc (NASDAQ: ETSY) with tweets showing...