New York-based bank, JPMorgan Chase & Co. (NYSE: JPM) will soon offer an actively managed bitcoin fund to private wealth clients. The institution will become the latest, largest, and unlikeliest U.S. mega-bank to embrace crypto as an asset class, after its CEO called bitcoin a ‘dangerous fraud’ less than four […]
In the cryptocurrency market, there is an ironic pattern to how prices rise and drop. Digital currencies like Bitcoin may sometimes need to take an unconventional path in order to recoup and hit new price spots. If the bull run is to continue for much longer, then this could be […]
French drugmaker Sanofi said it has entered into an agreement with Covid vaccine maker Moderna to help manufacture up to 200 million doses of the vaccine in the United States starting in September 2021. With the deal, Sanofi becomes the only company that helps to manufacture three different COVID-19 vaccines […]
Historically speaking, one key objection to bitcoin has been its perceived massive energy consumption. Some people have suggested that the flagship cryptocurrency is causing an environmental disaster due to its proof-of-work consensus algorithm. The ecological concerns about bitcoin have driven developers to create alternative algorithms like Federated Consensus and Proof-of-Stake […]
Legendary American value investor William H. Miller III says Bitcoin is still “extraordinarily” early in its adoption cycle. Miller is the Founder, Chairman, and Chief Investment Officer of investment firm Miller Value Partners, as well as the portfolio manager of firm’s mutual funds “Opportunity Equity” and “Income Strategy”. Before starting Miller Value Partners, Bill Miller […]
Charles Schwab has revealed that it’s very much interested in integrating bitcoin (BTC) into its processes. However, the regulatory dark clouds surrounding the United States crypto ecosystem make the move a difficult one, according to a Reuters report on April 22, 2021. Schwab Declares Interest in Bitcoin Charles Schwab (SCHW: […]
Shares of Meridian Bancorp Inc. (EBSB) are jumping over 17% on Friday morning after Rockland, Massachusetts-based Independent Bank Corp. agreed to buy Meridian Bancorp for $1.2 billion. EBSB is currently trading at $20.89, up $3.07 or 17.23%, on the Nasdaq. Independent, the parent of Rockland Trust, said on Thursday that […]
Shares of Skyworks Solutions Inc. (SWKS) are currently gaining over 4% on Friday morning after the company said it has agreed to buy Silicon Laboratories Inc’s (SLAB) infrastructure and automotive business for $2.75 billion. The deal includes Silicon Labs’ power/isolation, timing and broadcast products, intellectual property and associated employees. The […]
Per a report by Bloomberg, 3iQ Corp, Canada’s largest digital asset management firm, has received regulatory clearance for a dual listing of its Coinshares Bitcoin ETF on Nasdaq Dubai. Frederick Pye, the CEO at 3iQ Corp, said the Bitcoin Fund will be the pioneering indexed digital asset-based fund to go […]
A third of those American adults now refusing to get vaccinated would get vaccinated if they could take a pill instead of getting the vaccine shot, according to a poll conducted by Quadrant Strategies and commissioned by biotechnology company Vaxart, Inc. A pill vaccine is expected to overcome vaccine resistance […]
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