A fraud tracker says verified Twitter accounts were taken over to send bitcoin spam to Elon Musk’s …

In each instance, the verified accounts changed their profile image to match that of the official “Saturday Night Live” account. The website, hosted on Medium, included a picture of Musk in a tuxedo. “We are ready to present the event we announced on our show today,” the message read, purporting to come from the official […]

Fundstrat’s head of digital assets research walks us through his $100000 and $10500 year-end …

Before long, he fell into the proverbial crypto rabbit hole and started researching the various assets in the nascent industry. Grider’s early switch to the crypto space proved prescient. Because bitcoin is a commodity-like token or digital gold as it’s often called, there are a lot of costs that go into producing or mining it. […]

2 top cannabis investors say their best advice is to buy stock in cannabis companies held back by a …

“If you want to find something interesting, invest in companies affected by 280E,” Mitch Baruchowitz, a managing partner at the cannabis-focused investment firm Merida Capital Holdings told Insider in a panel last week. Any US company that sells THC in the US is affected by 280E. The House passed the SAFE Banking Act, a modest […]

A Canadian bitcoin ETF has attracted $823 million in just 3 weeks since launching as crypto …

The rapidly growing ETF demonstrates that investor demand for bitcoin isn’t slowing down, despite other cryptocurrencies like ether and Dogecoin gaining recent attention. The success of Canadian funds and the swelling market capitalization of bitcoin above $1 trillion has investors wondering if the US SEC will finally approve a fund in the states. …Read the […]

The head of global macro strategy at Delphi Digital breaks down why Bitcoin’s price has more room …

He also tracks Bitcoin’s long-term price momentum, which is illustrated in the chart below as Bitcoin’s price . This is evidenced by a parallel that he saw towards the end of 2016 where Bitcoin’s monthly RSI broke into “overbought territory” by crossing above the 70 level. He saw a similar pattern at the end of […]

Hundreds of US banks to offer Bitcoin trading by partnering with FIS, crypto custodian

Banks want to offer Bitcoin trading in order to stanch the flow of their customers’ funds to crypto exchanges such as Coinbase, NYDIG President Yan Zhao told CNBC. The Bitcoin trading partnerships will help to level the playing field between small incumbent banks and challengers and introduce a new revenue source for participating banks. The […]

The CEO of cannabis giant Aurora explains why he’s laser focused on plant genetics and predicts …

“There’s going to be a cannabis company that looks more like Monsanto,” Martin said in an interview with Insider, referring to the agricultural and chemical company best known for genetically modified crops. By that, he means companies that want to dominate the emerging industry will need to create cannabis strains with specific genetic profiles that […]

Binance CEO explains how herd mentality causes bitcoin price volatility — but argues the same …

“The herd followers are less committed,” Zhao said in an interview with Bloomberg TV Monday. “There are also large institutions that do volatility trading,” he said. MicroStrategy, helmed by bitcoin evangelist Michael Saylor, bought bitcoin on multiple occasions, and how holds more than $5.4 billion as of April 2021 according to a regulatory filing. Bitcoin […]

Bitcoin trading volume was 7 times that of Apple in April as the cryptocurrency saw wild volatility …

April was a notable month for bitcoin as it jumped to a record high of $64,863.10 on April 14, the same day that Coinbase, the largest cryptocurrency exchange in the US, began trading as a public company. Among the most high-profile backing of bitcoin so far in 2021 came from Tesla as the electric vehicle […]

Berkshire Hathaway’s Charlie Munger has doubled down on his criticism of ‘disgusting’ bitcoin

“We’ve probably got hundreds of thousands of people watching this that own bitcoin, and we’ve got two people short,” Buffett said. Bitcoin, the world’s largest cryptocurrency, broke consecutive records above the $63,000-level before tumbling below $50,000 last month. Despite the volatility, a number of companies and investors jumped in on the action. Yum Brands, which […]

The US is still waiting on its first bitcoin ETF. Here’s what experts say the SEC wants to see before …

The arrival of a bitcoin ETF in 2021 would follow this month’s start of trading in shares of Coinbase, the first cryptocurrency exchange to go public, as well as expanding acceptance of bitcoin as payment methods by companies including electric vehicle maker Tesla. Institutions “are getting in from hedge funds on Wall Street to PayPal, […]

The red-hot housing market isn’t likely to crash soon. Experts warn prices will only climb higher …

The spree quickly snapped up most of the country’s available supply, and the record-breaking inventory drought led owners to demand higher and higher prices. In many ways, this market resembles the state of play in 2005 and 2006, which was the peak of a previous bubble that burst, to disastrous effect. For one, the current […]

‘This market will fail’: A portfolio manager and investor-behavior expert at a $2.2 billion firm unloads …

“When you look back at Holland, you’re like, ‘That was so crazy, how could they pay that much for a tulip bulb. In stocks, Toews is looking at SPACs, meme stocks, and innovation-themed firms and exchange-traded funds. He said he expects the downturn would happen sometime in the next 12-24 months because the economy first […]

From Solana to Chainlink to Chiliz, here are 15 altcoins headlining a world of tokens that extends …

Investing in cryptocurrencies has been synonymous with investing in bitcoin, especially for those new to the digital asset space. Today, bitcoin boasts of a $1 trillion dollar market capitalization and enjoys the support of 22 public companies, according to data by CoinGecko. The global and open-source platform for decentralized applications that runs on the ethereum […]

Billionaire Mike Novogratz compares XRP fans to Trump supporters, warns against buying …

“Over the years, the XRP army has built up a real community of people that really want to believe it. 2. Right now, it feels like there’s a free lunch because the government’s losing everything.” – On crypto’s potential as a new asset class. You are printing money.’ My mother used to say ‘money doesn’t […]