Billionaire investor Ron Baron told CNBC on Monday he believes Tesla's bitcoin purchase is "not surprising," but the longtime shareholder in the electric auto maker cautioned that he wants explore the decision-making process further before making a judgement. Tesla CEO Elon Musk "has been commenting favorably about bitcoin for a while […]

Bitcoin's price jumped sharply to an all-time high after Tesla revealed a big stake in the digital coin and said it would start accepting payments in bitcoin in exchange for its products. The world's largest cryptocurrency last traded 15% higher at $44,141, according to Coin Metrics. Bitcoin just finished a […]

Saxo Bank Group announced that it has surpassed DKK 500 billion ($80 billion) in clients’ assets. Additionally, the financial services provider mentioned that 238,000 clients opened an account with the company in 2020 with total deposits of over DKK 75 billion. According to the official announcement, Saxo Bank has seen […]

The price of bitcoin is nearing the crypto asset’s all-time price high on Saturday, as the digital currency has gained over 6% during the last 24 hours. The last time BTC was this high in value was during the first week of January when bitcoin touched a high of $42k […]

Key Takeaways CME Group is scheduled to introduce Ether futures to its wide range of institutional traders.  Grayscale reportedly purchased over $76 million worth of ETH in anticipation of the upcoming launch.  Ethereum price continues to gain ground, heading to $2,000. Ethereum is going through an impressive bull rally fuelled […]

Shares in videogame retailer GameStop rose as much as 70% on Friday after Robinhood lifted all the buying limits that restricted access for an army of small investors taking aim at Wall Street’s hedge funds. GameStop started January trading at around $20 per share and is now sitting at around […]

TradingView today said clients of OANDA’s European entity can regain direct access to its charting and trading platform from their own accounts, nearly three years after the global broker discontinued the integration. Back in December 2017, Oanda told clients it was required to restrict API trade execution from third party […]

Trading Point of Financial Instruments UK Limited, the operator of Trading.com, has become one of the many brokers to see an impact of the leverage and marketing restrictions imposed by the European Securities and Markets Authority (ESMA) in its 2019 performance. Revenue of the FCA-regulated company went down by 78.4 […]

Digital currency markets have been on the move northbound on Wednesday as bitcoin and numerous crypto assets have seen decent gains. The entire crypto-economy has once again crossed the $1 trillion mark as a myriad of digital currencies jumped anywhere between 5-20% in value during the last 24 hours. Crypto […]

Guggenheim Global Chief Investment Officer Scott Minerd has increased his bitcoin fair value estimate. He now says that the price of the cryptocurrency could reach $600K based on his firm’s fundamental research. Guggenheim’s SEC filing to invest half a billion dollars in bitcoin became effective early this week. Guggenheim’s Scott […]