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GameStop Stock Drama Continues As Price Soars And Hedge Fund Blinks
27.1.2021
GameStop’s stock price continued to soar in after-hours trading last night to over $300. While many are waiting for it to come crashing back down, it might be too late for some major hedge funds. With the stock still sitting at well over $250 a share (unthinkable just last year when it was trading...
FTX lists GameStop after Reddit-fueled 200% rally in two days
27.1.2021
Reddit’s Wall Street Bets is beating hedge funds at their own game
BTC price clings to $31K as Scaramucci says GameStop boom 'good for Bitcoin'
27.1.2021
The rush into decentralized investment will only serve to fuel Bitcoin's position, the investor says amid outrage at GameStop's performance
Wall Street “Perma Bear” Predicts Stock Market Crash: Says Bitcoin Cannot Be Ignored as He Touts Gold
27.1.2021
Long term Wall Street bear and bitcoin holder, David Tice predicts that the stock market will crash fall by 30% in a retreat that will persist for two years. Although the veteran investor is not giving the specific commencement date for this downturn, he warns that when it breaks, “it’s...
Reddit investing group triggers crypto-style 860% rally in GameStop stock
26.1.2021
The recent 860% rally in GameStop’s stock price shows social investing groups’ ability to trigger whipsaw asset volatility is not just limited to cryptocurrencies
Crypto Exchange Giant Coinbase to Sell Shares Privately Ahead of Public Offering
25.1.2021
According to a recent report, the San Francisco-based cryptocurrency exchange Coinbase is purportedly planning to sell stock on Nasdaq’s private market ahead of the initial public offering (IPO). Coinbase reportedly notified shareholders that they will receive information pertaining to...
GameStop’s Stock Price Soars To New Records Because Capitalism Is A Shell Game
22.1.2021
Struggling retailer GameStop’s stock curiously hit an all time high today. But it’s not because Sony, Microsoft, and Nintendo suddenly decided to stop selling their games digitally. And it’s not because a new set of Funko Pops has taken the internet’s imagination by storm.Read more
Bitcoin Seen as the Largest Bubble but ‘Tesla More Vulnerable’ — Deutsche Bank Survey
22.1.2021
Deutsche Bank has conducted a survey about financial bubbles. Eighty-nine percent of respondents see some bubbles in financial markets, with bitcoin near the “extreme bubble” territory. However, more respondents expect the cryptocurrency to double than they do Tesla’s stock....
Hive Blockchain Buys 6,400 Bitcoin Miners From Canaan, Capacity Reaches 1,229 PH/s
22.1.2021
Canadian bitcoin miner Hive Blockchain has bought 6,400 next generation mining machines from Canaan. The Avalonminer 1246 miners will add a combined 576 petahash per second (PH/s) to Hive’s existing hash power. ● With the addition of the new machines, Hive’s total hash rate will...
Thai Stock Exchange Launching Digital Asset Trading in H2, Cryptos Excluded
20.1.2021
Listing cryptocurrencies could harm the stock exchange’s image and lose investor confidence, an executive said
Over Half of Investors Think Bitcoin, Tesla Stock Are Biggest Bubbles: Deutsche Bank Survey
20.1.2021
While many respondents saw bitcoin as a major bubble, 25% believed it could double its price tag to north of $70,000 by the start of 2022
Thailand stock exchange to open digital asset trading... without crypto?
20.1.2021
Thailand’s stock exchange doesn’t want cryptocurrencies included on its new digital asset trading platform
CoinShares to launch $200m Bitcoin ETP on Swiss stock exchange
19.1.2021
CoinShares' CSO says the firm is “starting 2021 off with a bang” by launching a $200 million physically-backed Bitcoin ETP on Switzerland’s SIX exchange
Swiss Stock Exchange’s Crypto Trading Volume Soars — Hits Record $1.2 Billion
17.1.2021
Switzerland’s principal stock exchange has revealed that its crypto trading volume hit a record high of CHF 1.1 billion ($1.23 billion) in 2020. The exchange now offers 34 exchange-traded products, allowing investors “access to 100 different crypto products trading on...
Bitcoin Price Spike Targets the $40K Handle, Crypto Economy Recaptures $1 Trillion Market Cap
14.1.2021
Crypto asset markets have seen some significant gains over the last 24 hours recapturing much of the losses suffered a few days ago. The entire crypto-economy valuation is now back over the $1 trillion mark and bitcoin has jumped above the $40k handle on January 14. Bitcoin (BTC) and a number...
Bitfarms Closes Its Second $15M Private Placement in a Week
14.1.2021
Bitfarms was able to sell far few shares for the same amount of proceeds thanks to a 45% rise in its stock price in the last week
New Bitcoin ETP Launches on Swiss Stock Exchange SIX
13.1.2021
The BTCetc bitcoin ETP (BTCE) tracks the price of bitcoin and is physically backed
Bitcoin Miner Marathon to Raise $250M in Direct Stock Offering
13.1.2021
The Las Vegas company has agreed a direct offering of 12.5 million shares of common stock at at $20 per share
Mark Cuban: Crypto ‘Exactly’ Like Dot-Com Bubble — Expects Bitcoin to Survive Bubble Burst, Thrive Like Amazon
13.1.2021
Billionaire Shark Tank investor Mark Cuban sees cryptocurrency “exactly” like the dot-com bubble. He says bitcoin and a few other cryptocurrencies are analogous to those dot-com stocks, like Amazon and Ebay, that survived the bubble burst and thrived. Mark Cuban Likens Crypto to Dot-Com...
Crypto Futures Exchange Bakkt Going Public at a Valuation of $2.1 Billion
12.1.2021
Bitcoin futures exchange Bakkt is going public via a merger with VPC Impact Acquisition Holdings, a special purpose acquisition company (SPAC) created for taking startup firms public. Both companies have now confirmed the transaction, and will be listed on the New York Stock Exchange (NYSE) under...