Bitcoin

A growing number of institutions are warming to bitcoin. NurPhoto/Getty Images JPMorgan’s new product will give buyers exposure to big bitcoin players like MicroStrategy and Square. It is a sign of growing interest in cryptocurrencies on Wall Street, with BlackRock and Goldman also moving in. JPMorgan’s product will also provide exposure to Riot Blockchain, Nvidia and PayPal. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. JPMorgan is launching a product… Source link

Mining rigs of a super computer are pictured inside the bitcoin factory ‘Genesis Farming’ near … [+] Reykjavik, on March 16, 2018. – At the heart of Iceland’s breathtaking lava fields stands one of the world’s largest bitcoin factories at a secret location rich in renewable energy which runs the computers creating the virtual currency. (Photo by Halldor KOLBEINS / AFP) (Photo by HALLDOR KOLBEINS/AFP via Getty Images) AFP via Getty Images How much power… Source link

Bloomberg Massive Nasdaq Rally Springs From Deepest Hole in Three Decades (Bloomberg) — A day after the Nasdaq 100 fell more than 10% from a record into a technical correction, the tech-heavy benchmark made a resounding comeback.With roughly a quarter of the index’s members surging more than 5%, the Nasdaq 100 ended Tuesday up 4% for the best rally since November. ARK Innovation ETF, star manager Cathie Wood’s flagship fund that has suffered losses of at least 10% in each of the last two… Source link

Ark Invest’s Cathie Wood believes that cryptocurrencies could soon become a part of recommended portfolios for everyday investors. What Happened: In her most recent interview with CNBC, Wood even went on to say that the currently volatile cryptocurrencies could soon stabilize and behave as bonds do. “We think as it becomes a better accepted new asset class … We do think it will behave, actually, I would say more like the fixed income markets, believe it or not,” Wood said on CNBC’s… Source link

Bitcoin (BTC) trading around $54,368.84 as of 21:00 UTC (4 p.m. ET). Climbing 5.02% over the previous 24 hours. Bitcoin’s 24-hour range: $51,428.66-$54,813.03 (CoinDesk 20) BTC trades above its 10-hour and 50-hour averages on the hourly chart, a bullish signal for market technicians. Bitcoin trading on BitstampSource: TradingView Bitcoin headed for its fifth straight daily gain, the longest winning streak this year, as a pullback in U.S. government-bond yields rekindled demand for risky assets… Source link

Bitcoin rallied recently after falling below $50,000 yesterday. getty Bitcoin prices have rallied over the last few days, coming close to $55,000 and then retracing slightly, managing to keep most of their latest gains. The digital currency rose to $54,813.03 this morning, according to CoinDesk data. At this point, the cryptocurrency was up 11% from the intra-day low of $49,390 it hit yesterday, additional CoinDesk figures show. After climbing to… Source link

Topline As bitcoin pushes toward new highs, billionaire philanthropist Bill Gates is sounding an alarm on the cryptocurrency’s strikingly high carbon footprint–which is only bound to worsen as mainstream adoption of the world’s largest cryptocurrency soars as expected. Bill Gates delivers a speech at the Sixth World Fund Conference in Lyon, France, on October 10, … [+] 2019. NurPhoto via Getty Images Key Facts “Bitcoin uses more electricity… Source link

Benzinga EV Updates 3/9/2021 – A Future In The Making Just over a decade ago, Nissan Motor Co (OTC: NSANY) became the first automaker to offer a mass-produced car that ran on batteries alone. Nissan LEAF was a milestone for electric mobility and it was a hit, at least by electric car standards, with more than 500,000 sold by the end of last year. But as the trail that Nissan blazed got crowded. Still, the race toward an all-electric future, long led by Tesla Inc (NASDAQ: TSLA) has… Source link

Many of us have followed the dramatic rises and precipitous falls of bitcoin, and cryptocurrencies in general, over the past few years. Some may have written them off entirely after 80% declines in 2018, only to see them roar back into investors’ collective consciousness in 2020. Certainly sentiment has shifted over a short two years — more institutional investors are taking a hard look at crypto, and previous naysayers have softened their views. This all leads to one question: How much… Source link

Many of us have followed the dramatic rises and precipitous falls of bitcoin, and cryptocurrencies in general, over the past few years. Some may have written them off entirely after 80% declines in 2018, only to see them roar back into investors’ collective consciousness in 2020. Certainly sentiment has shifted over a short two years — more institutional investors are taking a hard look at crypto, and previous naysayers have softened their views. This all leads to one question: How much… Source link