Anthony Scaramucci has made claims—though unsubstantiated—that Elon Musk [has] added Bitcoin to the balance sheet of his space exploration company headquartered in Hawthorne, California, SpaceX. Taking to the Twitter space, the American financier mentioned that, in addition to purchasing Bitcoin for Tesla, the tech billionaire and CEO of both companies […]
With bitcoin continuing to increase in value, analysts at Deutsche Bank are in agreement when they assert that the cryptocurrency isn’t going anywhere. Unless you’ve been living under a rock, you’re more than aware of bitcoin’s stellar growth over the past months. Data from CoinMarketCap shows that it is currently […]
The Bank of America (BofA) has argued in a fresh report entitled “Bitcoin’s Dirty Little Secrets,” that decentralized finance (DeFi) is the real disruptor of traditional finance, not bitcoin (BTC), as the latter has too many flaws. BofA Wary of DeFi Not Bitcoin While Satoshi Nakamoto’s bitcoin (BTC) and other […]
Shares of online mobile multiplayer competition platform Skillz Inc. (SKLZ) are down more than 9% Friday morning. Thursday the company priced its previously announced public offering of 32 million shares at $24 per share. Skillz plans to use the net proceeds from the offering for working capital and general corporate […]
Crypto-related crimes may have been drowned in the midst of all the other buzzing stories recorded in the cryptocurrency ecosystem, but the industry is still very buoyant for participants. Using Bitcoin to execute fraudulent activities is a practice that is still raking in income for many. Sometimes the masterminds of […]
Almost one in ten Americans who received the stimulus checks have invested part or all of the money from those checks specifically in cryptocurrencies like Bitcoin and Ethereum, a latest survey shows. The survey was conducted online within the United States by The Harris Poll on behalf of Yahoo Finance […]
Key Cardano Takeaways Cardano’s ADA, now the third-largest cryptocurrency by market capitalization, maintains its top rankings as it sustains its uptrend three days in a row. The ADA/USD exchange rate’s uptrend comes as a breakout-move of its previous Descending Triangle range. That raises the pair’s potential to hit $1.50 in […]
Popular cryptocurrency strategist and former Wall Street trader Max Keiser has reaffirmed he believes the price of bitcoin will hit $220,000 this year after pointing to concerns surrounding inflation. Keiser first predicted the price of bitcoin would surpass the $200,000 mark this year back in January, in an interview with […]
Morgan Creek Digital co-founder Jason Williams has revealed he believes investors are going to keep moving into bitcoin and away from gold, with some even shorting the precious metal as they long BTC. In an interview with Layah Heilpern, Williams noted he expects investors to drop the precious metal because […]
Morgan Stanley, one of the world’s largest banks, has published a note recognizing Bitcoin as an investable asset class. The Wall Street investment bank believes that the crypto is reaching a threshold, recommending it to play a role in a diversified investment portfolio. In a note published Wednesday, the bank’s […]
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