Category Archives: Bitcoin

Marathon Patent Among Crypto-Adjacent Stocks Tumbling With Bitcoin

Cryptocurrency-adjacent stocks are taking a bath in conjunction with a major two-session drop in prices for bitcoin, the most popular cryptocurrency.  Shares of crypto mining firm Marathon Patent  (MARA) – Get Report dropped 12.6% Monday to $20.70 after reaching a valuation of over $1 billion last week thanks to the meteoric rise of bitcoin to near $42,000 […]

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Bitcoin’s Recent Surge Creates New Billionaires

From the Winklevoss twins and a veteran VC to the CEO of publicly traded Microstrategy, the investors smart enough to hold onto their crypto through its ups and downs are riding high once again. Pictured Above (L-R): Cameron Winklevoss, Michael Saylor, Matthew Roszak, Vitalik Buterin, Tyler Winklevoss. All but Buterin are now billionaires. By: Michael […]

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Bitcoin’s massive rise and what comes next

CHARLOTTE, N.C. (AP) — The digital currency Bitcoin rocketed to a record high this month above $35,000 a coin. This comes after the currency languished for two years, plummeting from the previous high of $19,000 reached back in December 2018, when Bitcoin was subject to another round of media hype and investor interest. Mike Venuto […]

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Bitcoin’s Recent Surge Creates New Billionaires

From the Winklevoss twins and a veteran VC to the CEO of publicly traded Microstrategy, the investors smart enough to hold onto their crypto through its ups and downs are riding high once again. Pictured Above (L-R): Cameron Winklevoss, Michael Saylor, Matthew Roszak, Vitalik Buterin, Tyler Winklevoss. All but Buterin are now billionaires. By: Michael […]

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US-Listed Chinese Lottery Firm Plans $14.4M Move Into Bitcoin Mining

TipRanks 3 “Strong Buyâ€� Stocks with Over 9% Dividend Yield Markets ended 2020 on a high note, and have started 2021 on a bullish trajectory. All three major indexes have recently surged to all-time highs as investors seemingly looked beyond the pandemic and hoped for signs of a rapid recovery. Veteran strategist Edward Yardeni sees […]

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Here’s why the approval of a US bitcoin ETF would send the cryptocurrency tumbling in the near term, according to JPMorgan | Currency News | Financial and Business News

REUTERS/Lucas Jackson

Approval of a bitcoin ETF in the US could pull investors out of a popular trade and erode a key support to the cryptocurrency’s lofty price, JPMorgan strategists said Friday. Institutional investors largely invest in the Grayscale Bitcoin Trust for regulatory reasons instead of directly buying bitcoin. Yet the […]

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Bitcoin plunges more than 20% in three days. It’s now in a bear market

Bitcoin is still up a lot over the past few months, not to mention from where it was trading just a few weeks ago. But the drop highlights how the stunning rise has raised alarm bells among some on Wall Street. “It’s scary when the price of bitcoin just goes straight up,” said James Putra, […]

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