Search
Bank of America Sees Long Road Ahead for Coinbase to Become the ‘Amazon of Crypto Assets’
17.8.2021
Bank of America has initiated coverage of Coinbase Global. The bank has identified several factors that could boost Coinbase’s revenue. Regarding the crypto exchange’s plan to become “the Amazon of crypto assets,” Bank of America says it is “still in very early stages...
Cause and effect: Will the Bitcoin price drop if the stock market crashes?
14.8.2021
Could Bitcoin’s halving cycles power through a hypothetical post-COVID economic crisis, or is BTC destined to be correlated with stocks?
Intel Discloses Holding Coinbase Stake in Filing With SEC
14.8.2021
Computer chip manufacturer Intel Corp. has revealed it holds a stake in the leading U.S. cryptocurrency exchange, Coinbase. The tech giant purchased the shares worth almost $800,000 after the digital asset trading platform went public earlier this year. Intel Acquires Shares of Crypto Exchange...
Bitcoin Hurdles Over the $47K Zone, Crypto Economy Nears $2 Trillion
14.8.2021
The price of bitcoin jumped over the $47K handle on Friday afternoon and at 4:15 p.m. (EDT) the price tapped $47,929 per unit. Bitcoin has jumped over 8% today and is more than 45% up over the course of the last month. Bitcoin’s Value Jumped 45% Last Month The crypto economy grew to around...
Reports suggest that a mainstream tech giant holds shares of Coinbase stock
13.8.2021
End of Q2 holdings for Intel showed a small stack of COIN shares, valuing between $500,000 and $1,000,000 at time of publication
Poland Should Either Join Eurozone Or Issue Own CBDC - Stock Exchange CEO
11.8.2021
To maintain Poland’s capacity to freely conduct its monetary policy, the country’s authorities will need to make a choice: join the eurozone, or launch a national central bank digital currency (CBDC), according to Marek Dietl, CEO of the state-controlled Warsaw Stock Exchange (WSE).
The National...
S2F Creator Plan B ‘Reconfirms’ His Confidence in Bitcoin Forecast — ‘This Bull Is Not Over and $64K Was Not the Top’
8.8.2021
Last month, the popular bitcoin analyst and creator of the stock-to-flow price model, Plan B, explained that he believed the “bull is not over.” On August, 6, Plan B is still showing confidence in his forecast and reconfirmed his message from last month. Meanwhile, bitcoin prices have...
Robinhood stock outruns Bitcoin intraday crash, down over 10% in pre-market
5.8.2021
The decline followed Robinhood Market's announcement that it would sell up to 98 million Class A shares over time
Echoing GameStop saga, retail traders fuel Robinhood stock price hike
5.8.2021
After a decidedly lackluster IPO debut last week, Robinhood shares have been wildly volatile in recent days, at one point skyrocketing by as much as 81% on the day
More like 'shock-to-flow' — BTC price hits bull trigger as mystery buyers scoops up supply
3.8.2021
Someone is buying "a lot" of Bitcoin this week as stock-to-flow deflection reaches a level which traditionally sparks a serious price surge
Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation
29.7.2021
Robinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial public offering, reaching a valuation of $32 billion. While the company is more valuable than Nasdaq itself, the IPO failed to give the company an expected valuation of $35 billion....
Analyst Jim Cramer Calls Ethereum the ‘Pied Piper of Crypto’ but Won’t Add to His Position
26.7.2021
CNBC’s stock analyst and crypto investor Jim Cramer says he’s still bullish on his choice to invest in ethereum after removing bitcoin from his portfolio. Three days ago, Cramer tweeted that he’s “sticking with” his ethereum position “but not adding to it.”...
Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments
23.7.2021
In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges. The “preventive measure” will not affect state-issued digital currencies....
Bank of Russia asks stock exchanges to not list crypto-related firms
22.7.2021
The Bank of Russia’s new stock exchange recommendations do not apply to central bank digital currencies and authorized digital assets issued in Russia
Green energy crypto mining ETF launches on New York Stock Exchange
21.7.2021
The new exchange-traded fund will focus on environmentally friendly crypto mining infrastructure firms
Robinhood Aims for $35 Billion Market Valuation in Upcoming IPO
20.7.2021
An amended prospectus filed yesterday by Robinhood indicates the company is aiming to get a valuation of up to $35 billion in its upcoming IPO. The fee-free options, cryptocurrency, and stock trading service is expecting to sell up to 55 million shares and raise more than $2 billion when the...
Stock-to-flow model possibly invalidated as Bitcoin price loses $30K
20.7.2021
Plan B’s stock-to-flow model is the closest it’s ever been to being invalidated as Bitcoin stagnates in the $30,000 range
As the Stock Market Dives Report Shows ‘US Households Now Have Record High Exposure to Stocks’
19.7.2021
While inflation has kicked up in the U.S., following the massive stimulus issued by the Federal Reserve, investor and financial writer Lyn Alden Schwartzer published a report that shows “U.S. households now have record high exposure to stocks.” The news comes at a time when many...
Bitcoin’s Value Dropped 8% This Week, Analyst Says Equities Correction Could Impact Crypto
19.7.2021
Digital currency markets have slipped in value this week as bitcoin has shed more than 8% of its value over the last seven days. The entire market capitalization of all 10,000+ crypto assets has also dropped 3.4% in value to $1.25 trillion on Monday. Crypto markets are following the trend of large...
Hong Kong Regulator Warns About Unregulated Cryptocurrency Trading Platforms and Binance
18.7.2021
Hong Kong’s Securities and Futures Commission (SFC) has issued a warning about unregulated cryptocurrency trading platforms, particularly Binance. The regulator said that the crypto exchange is offering the trading of “stock tokens.” The SFC issued a statement Friday warning...