Adds BofA’s view on bitcoin, background LONDON, Jan 8 (Reuters) – BofA recommended selling equities due to “frothy prices” after its weekly fund flow data on Friday showed investors were storming into money markets and gold funds as stock market exuberance faded slightly. BofA said the 2020 flow trends of “buy everything” had trickled into […]
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Bitcoin’s momentum showed few signs of slowing on Friday as prices pushed to a new all-time high after blowing through $40,000 for the first time. In traditional markets, Asian and European shares rose and U.S. stock futures pointed to a higher open as investors bet a dismal jobs report expected early Friday from the Labor Department on the December employment situation […]
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Companies like MicroStrategy (MSTR) – Get Report that have made big recent investments in bitcoin are jumping Friday as the cryptocurrency pushes past new all-time highs on Friday. Bitcoin climbed above $41,000 per coin for the first time amid continued interest in the digital currency as a hedge against inflation and an alternative to the falling […]
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Italy:
Bitcoin As Financial Products: What Does It Mean?
08 January 2021
Arnone & Sicomo
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Today bitcoins are considered financial products, let’s try
to explain what that means. Bitcoins were initially devised for […]
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Kitco News has launched its 2021 Outlook, which offers the most comprehensive coverage of precious metals markets in the new year. Trillions of dollars were pumped into financial markets in 2020 and that won’t come without consequences. Economists expect that investors will be Bracing For Inflation in 2021.
(Kitco News) – Bitcoin-U.S. dollar […]
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Bitcoin (BTC) price hits $41k, up 40% so far in 2021 Search quotes, news & videos Source link
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Every time the Bitcoin Mayer Multiple crossed 2.4, it extended before hitting a macro top and then dropping afterwards to 1.5 Bitcoin (BTC) broke above $40,000 and tested resistance near $40,500 before selling pressure pushed it to lows of $36,618. Prices have since recovered, with bulls pushing to higher levels at $39,800. Although the price […]
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Stock futures pared some early gains Friday, after a disappointing final monthly payrolls report for 2020, and as investors sorted through the impact of a historically chaotic week in the nation’s capital. Tesla and Baidu were early leaders for a second day. Bitcoin seemed unstopppable as it passed $41,000. Futu Holdings paced the IBD 50 […]
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Mining Capital’s Alastair Ford talks to Proactive London’s Katie Pilbeam about the surge of Bitcoin this year, at one point trading above the US$40,000 (£29,500) mark for the first time in its history after doubling its value in less than a month. Speaking about the qualities of the cryptocurrency, Ford says “you can’t dilute it, […]
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TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Wells Fargo Says ‘Buy’ With the Georgia election behind us, and the Trump Administration on the way out, the near- to mid-term political landscape is growing clearer: The Biden Administration will be able to cater to its progressive base, now that it rests on majorities – […]
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