Bitcoin

CoinShares chief strategy officer Meltem Demirors provides insight into the latest cryptocurrency headlines.  Bitcoin was flirting with its biggest monthly decline on record as May comes to an end.  Bitcoin, the largest cryptocurrency by market capitalization, was on track to close down 36% for May at $36,509 per coin. A finish below $34,885 would cement the cryptocurrency’s worst month on record.  Bitcoin prices came under pressure in May amid concerns the cryptocurrency market… Source link

TipRanks 3 ‘Strong Buy’ Stocks with 100% Upside Potential Every stock investor wants a strong return; that’s axiomatic, it’s why people get into the stock market to begin with. But the markets are inherently risky, and finding the sweet spot – the right combination of risk and reward – seems as much an art as a science. You can use science, however, to minimize the risk. We’re talking about statistical science, the study of numbers, their patterns, and the relationships between… Source link

Check out what’s clicking on FoxBusiness.com. Bitcoin was volatile early Monday morning beginning the day at $34,518 before trending higher again, topping out at $36,207 slightly after 4:30 a.m. Eastern time, Coindeck reported. At approximately the same time, Ethereum and XRP were both up, with Ethereum in positive territory up 0.24% at $2,446 and XRP up 13.49% at $0.997794. Dogecoin was at $0.30, down 0.10, Coinbase reported. New York Stock Exchange Chair Stacy Cunningham, speaking on… Source link

Benzinga AMC & GME are Not the Only Reddit Penny Stocks to Buy According to Top Wall Street Analysts If you’re looking for penny stocks to buy right now, I’m sure you’ve seen plenty of attention placed on social media, namely Reddit. The phenomenon that began earlier in the year thanks to GameStop (NYSE: GME) stock has caused an avalanche of trading activity spilling over into other heavily shorted names. Whether you’re talking about beaten-down meat alternative stocks like Beyond Meat… Source link

But lobbyists face an uphill battle that has gotten even tougher after dramatic price swings in recent days, with Bitcoin plunging nearly 40 percent since early May. The investor risks are building on broader concerns about whether cryptocurrency fuels money laundering, aids tax evaders and could threaten the safety of the financial markets themselves if broadly adopted. “Our country needs to take a deeper dive on how to deal with cryptocurrency before any regulations are put in,” Sen…. Source link

Bitcoin is currently one of the top-performing cryptocurrencies due to its bull run. It also has found implementation in the public sector as well as different business sectors thanks to blockchain technology. When it comes to the future milestones of Bitcoin, it’s essential to get a better grasp of the current position of the cryptocurrency, which also affects its future records and impact in the global financial markets.   Future Value Bitcoin currently… Source link

Bloomberg Global CLO Market Approaches $1 Trillion Milestone as Sales Soar (Bloomberg) — If you listen to people in the trenches, the collateralized loan obligation market is having a great year.The amount of bonds outstanding is now approaching $1 trillion globally, according to JPMorgan Chase & Co., after defying doomsday predictions made during last year’s economic slump, according to attendees at IMN’s virtual CLO industry conference this week. CLOs hold compelling value in every… Source link

With some cryptocurrencies down 40% or more from their recent highs, crypto investors may be nervous about what comes next. But despite the volatility, there are at least three good reasons for bitcoin (CRYPTO:BTC) investors to believe in the cryptocurrency’s future. To say bitcoin has been on a wild ride in the last year is an understatement. Just since May of last year, bitcoin rose from about $9,400 to over $64,000 by April 2021. Bitcoin’s recent… Source link

Illustration by Elias Stein Text size What do Cathie Wood, ESG investors, and central bankers have in common? They’re all involved in the bull and bear debate over Bitcoin—and they’re all vying for space in Tesla CEO Elon Musk’s mind. Wood is a big Bitcoin bull. Her… Source link

Bearish news is causing the crypto market to dip and uncertainty reigns as to when prices might pick up again. Bitcoin (BTC) trading around $35,889 as of 21:00 UTC (4 p.m. ET). Slipping 7.6% over the previous 24 hours. Bitcoin’s 24-hour range: $35,453-$39,053 (CoinDesk 20) Ether (ETH) trading around $2,506 as of 21:00 UTC (4 p.m. ET). In the red 9.3% over the previous 24 hours. Ether’s 24-hour range: $2,443-$2,784 (CoinDesk 20) Bitcoin dumps on doubt Bitcoin’s hourly price chart on Bitstamp… Source link