The Dow gained more than 300 points, or about 0.9%, to reach a record intraday and closing high and break above the 34,000 level. consumer on Thursday, with the Commerce Department’s March retail sales showing the best monthly rise in retail sales since May 2020. Relative to pre-pandemic levels, food and drink services sales are […]
CNBC blamed Musk for inflating Bitcoin by posting positive messages about it on his Twitter account. Don’t forget, his primary source of income is still electric vehicles . While Musk takes most decisions, his decisions need to be approved by the board of directors, shareholders, and his finance team. So it updated its investment policy […]
CNBC blamed Musk for inflating Bitcoin by posting positive messages about it on his Twitter account. Don’t forget, his primary source of income is still electric vehicles . While Musk takes most decisions, his decisions need to be approved by the board of directors, shareholders, and his finance team. So it updated its investment policy […]
Apple needed 42 years to hit the milestone, meaning bitcoin got there 3.5 times faster than the iPhone maker. Many market watchers bristle at comparisons between bitcoin’s value and private company market caps. The market value of all bitcoin in circulation hit $1trn for the first time earlier this year, according to data website CoinMarketCap. […]
in New York and spiked as high as $429 in the first 10 minutes of trading before turning lower. The listing is seen pushing crypto even more into the mainstream of investing, exposing legions of potential buyers to the digital asset class that have grown into a $2 trillion industry in little more than a […]
Crypto bulls are out in force as a growing list of companies embrace Bitcoin, even as skeptics doubt the durability of the boom. NCLA’s public-interest litigation and other pro bono advocacy strive to tame the unlawful power of state and federal agencies and to foster a new civil liberties movement that will help restore Americans’ […]
It is racing with the likes of Fidelity Investments for first-mover advantage as conviction grows that the SEC will relent after years of rejected applications. Bitcoin rose for a seventh straight day on Wednesday morning, hitting the highest on record and trading at about $63,900 as of 6:12 a.m. Whether Gary Gensler, the nominee to […]
Cryptocurrencies are an asset class that has gone from red hot to white hot in the market today. Accordingly, it’s hard to watch this price appreciation from the sidelines and not feel like one is missing out on these returns. Indeed, for those looking to invest in Bitcoin, the options are still relatively limited. Bitcoin […]
This hotly anticipated listing will allow some investors to add exposure to this exciting new industry for the first time. Last year, Wealthfront added crypto trading to its platform, allowing its users to trade digital assets directly. Since then, it has been followed by Evolve Bitcoin ETF and the CI Galaxy Bitcoin ETF. Essentially, the […]
Indeed, this rotation has also helped spur demand for speculative assets, with many investors reaching up for risk in today’s market. Additionally, investors could buy one of the fancy new Bitcoin ETFs that have come to Canada first. Indeed, there’s one key risk I think has the potential to seriously disrupt the momentum in crypto […]
Whether or not that comes to pass, the selloff underscores a historic shift in the world’s second-largest credit market. SOEs reneged on a record 79.5 billion yuan of local bonds in 2020, lifting their share of onshore payment failures to 57% from 8.5% a year earlier, according to Fitch Ratings. The big question now confronting […]
Today, the Minister of Agriculture and Agri-Food, the Honourable Marie-Claude Bibeau, announced details of two new programs designed to help drive innovation and market development for Canada’s 4,800 chicken, turkey and egg farmers. Brewer Lane Ventures , a Boston based venture capital firm focused on investing in the Insurtech and Fintech sectors, announced today that […]
Sliding Treasury yields increase the allure of bullion, which doesn’t earn interest, while a weaker dollar makes gold more appealing to investors holding other currencies. Gold has been under pressure this year because of increasing optimism over the post-pandemic economic recovery in the U.S., which buoyed bond yields and the dollar. Gold is in a […]
If you asked me only a few years ago if I would ever seriously consider investing in Bitcoin or cryptocurrency, the answer likely would have been no. Ever since Bitcoin was launched in 2009, developers have been building off its revolutionary blockchain technology. Because Bitcoin was the first cryptocurrency launched, it will always be one […]
As of March 31, the share price represented a $3.1 billion loss to shareholders compared with the Bitcoin it holds, according to a letter that Marlton LLC sent Tuesday to the board of Grayscale Investments LLC, the trust’s parent. Grayscale Investments said on Monday that it intends to reapply to the Securities and Exchange Commission […]