Shark Tank star and investor Kevin O’Leary has changed his stance on bitcoin, saying the cryptoasset could reach a market capitalization of $20 trillion. O’Leary, who has earned the nickname ‘Mr. Wonderful,’ revealed in an interview with Stansberry Research that he has invested 3% of his net worth in cryptoassets. […]
There is nothing stopping Bitcoin from attempting to become a six-figure asset, the Magentic managing director William E. Quigley professed in an interview with CNN Business. The New York-based senior executive listed a string of reasons behind his bullishness on Bitcoin, the world’s leading decentralized cryptocurrency whose rates surged from […]
Shares of specialty contracting services provider Dycom Industries, Inc. (DY) are rising more than 11% Wednesday morning at $86.25 after the company reported narrower loss and increased revenue for the fourth quarter. Dycom today reported a net loss of $4.2 million, or $0.13 per share for the fourth quarter, narrower […]
Carmaker Stellantis N.V., created with the merger of Fiat Chrysler Automobiles N.V. and France’s Peugeot S.A., on Wednesday announced individual fiscal 2020 results for both the companies. FCA and PSA recorded sharply lower profit and revenues in the year. However, FCA ‘s fourth quarter adjusted operating margin improved from last […]
Summary: Willy Woo has forecasted that Bitcoin’s bull market is just getting started He cites that retail investors reentered the space in January and will continue to do so A peak in new Bitcoin users and investors is yet to be reached in the current bull cycle Bitcoin has regained […]
A recent runup in the Bitcoin market has prompted many analysts to see BTC/USD pair closing above $50,000 in the coming daily sessions. The market strategists see the pair doing extensively well despite the sell-off that crashed its prices by more than 21 percent last week—its worst weekly performance since […]
Bitcoin’s 10-year compound annual growth rate (CAGR) is “unmatched in financial history,” according to analysis conducted by on-chain analytics firm CaseBitcoin, which posted its findings on social media. According to CaseBitcoin, BTC’s near 200% CAGR is an “unheard-of number” and means that BTC investors have “nearly tripled” their money every […]
Bullish comments/moves in recent days by several major financial institutions such as Citigroup, the Goldman Sachs Group, Fidelity Investments, and JPMorgan Chase, are legitimizing Bitcoin’s store of value narrative, as well as making some perma-bears, such as Peter Schiff, extremely frustrated. Here are a few examples of Wall Street’s seemingly […]
Japan’s e-commerce giant Rakuten has extended its crypto payment services to merchants across the country. This development is set to expand the use of cryptocurrencies within the Rakuten ecosystem. Crypto Payments Extended to All Rakuten Services Rakuten revealed this change in policy in a recent announcement on its website. The […]
Arcane Research, the research division of European crypto-focused investment firm Arcane Crypto explains in its latest report why Bitcoin is the perfect collateral asset, comparing it against gold, real estate, and government bonds. Arcane Crypto is “managed by Norway’s leading cryptocurrency expert Torbjørn Bull Jenssen” and “currently operates out of […]
We and our partners use cookies on this site to improve our service, perform analytics, personalize advertising, measure advertising performance, and remember website preferences.Ok