Stocks slide as dollar hits 4-month highs: Why Bitcoin price is slumping below $50K
The price of Bitcoin (BTC) is extending its slump below $49,000 on March 5 as the U.S. dollar index (DXY) reached the highest levels since...
Category : Stocks
Analyst tells Tesla to dump Bitcoin for buybacks as shares plunge alongside MSTR’s
A former equities CIO of Goldman Sachs drew an strong response on Twitter after suggesting Tesla should sell its Bitcoin and buy back company shares. The...
Here’s how the Purpose Bitcoin ETF differs from Grayscale’s GBTC Trust
Since 2017, investors have been anxiously awaiting a Bitcoin ETF approval as the existence of such a fund was an important symbol of mass adoption...
Grayscale’s Bitcoin premium has dropped to record lows below zero
Grayscale Bitcoin Trust ($GBTC) is currently the largest listed cryptocurrency asset with $30.17 billion in assets under management. The firm currently holds more than 655,730...
Increasing stock market volatility drags Bitcoin and altcoin prices lower
The cryptocurrency market faced another day of downward pressure as the unease in the traditional markets continues to spread following the recent interest rate spike...
Ravencoin (RVN) gains 865% as interest in tokenized securities grows
Ravencoin (RVN) price has rocketed higher in February as a fresh wave of buying volume lifted the token’s price by more than 800% in the...
Crypto is ‘poorest hedge’ for drawdowns in equities, JPMorgan analysts say
Analysts at American investment bank JPMorgan Chase have delivered another skeptical statement on Bitcoin (BTC), arguing that its current price is much higher than its...
Riot Blockchain stock plunges 20% following parabolic rally
Shares of crypto mining company Riot Blockchain (RIOT) plunged on Thusday, giving back a portion of a parabolic rally that was largely driven by news...
Congress is blaming Robinhood, not Reddit
Vlad Tenev, Robinhood’s CEO, very much occupied the hot seat in today’s hearing before the House Financial Services Committee over January’s market volatility. None of...
Robinhood CEO calls on SEC to revise ‘outdated’ trading rules
United States lawmakers are set to grill Robinhood CEO Vlad Tenev over the GameStop trading frenzy at a Congressional hearing later today. In his prepared remarks,...