Category: Stocks

Following massive BTC purchase announcement, MicroStrategy says it may sell up to $1B in stock

June 14, 2021

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The firm said it intended to use the proceeds from the offering “for general corporate purposes, including the acquisition of Bitcoin.” 21107 Total views 26 Total shares The same day business intelligence firm MicroStrategy announced it would use $488 million from the proceeds of a private offering sale to buy Bitcoin, the company said it […]

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GME and AMC stock surge may impact crypto meme coins, BTC not so much?

June 12, 2021

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This year, stocks like the movie theater chain AMC Entertainment and video game retailer GameStop (GME) have been the vehicle for individual retail traders to show their dissent against the so-called “free market.”  Starting in late January and driven by sentiment from Reddit communities such as r/Wallstreetbets, these meme stocks have seen enormous growth this […]

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Investors cautiously re-enter crypto funds while ETH vehicles show strength

June 2, 2021

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Investors like the looks of proof-of-stake coins, while Ethereum leads the way. 13575 Total views 8 Total shares A new report from analytics firm Coinshares shows that while the market dip may not have ended, prices are now at levels where stock market investors are once again showing signs of interest in digital asset funds.  […]

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Polkadot ETP hits Swedish stock market

June 1, 2021

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The mainstream market now has a new way of buying and selling the crypto asset Polkadot — via an exchange-traded product. 9060 Total views 38 Total shares The mainstream financial world has taken notable strides to incorporate various crypto assets. A new exchange-traded product (ETP) for Polkadot (DOT) recently surfaced on a mainstream exchange in […]

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Worst month for BTC price in 10 years: 5 things to watch in Bitcoin

May 31, 2021

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Bitcoin (BTC) starts a new week bearish or as a firm “buy” depending on the source — what happens next? After a week of uninspiring price performance, the largest cryptocurrency is still stuck in the lower $30,000 range. With inflation worrying traditional markets and summer months traditionally good for bulls, there may yet be cause […]

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Crypto stocks solve volatility issue, Goldman Sachs analysts say

May 24, 2021

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Coinbase stock is the best way for investors to gain exposure to the crypto industry and avoid volatility, according to Goldman Sachs analysts. 13288 Total views 27 Total shares Wall Street megabank Goldman Sachs has initiated coverage of United States cryptocurrency exchange Coinbase with a buy rating following a major crash on crypto markets. In […]

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Nasdaq-listed insurer Metromile plans $10M Bitcoin purchase

May 6, 2021

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The company will soon accept BTC payments for insurance premiums as part of a broader embrace of digital assets. 14023 Total views 31 Total shares Metromile Inc., a digital insurer headquartered in San Francisco, is making Bitcoin (BTC) a core part of its business operations, offering further evidence of the growing mainstream adoption of digital […]

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Nas brags about Coinbase and crypto wealth in new track with DJ Khaled

May 3, 2021

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Nas’ stake in Nasdaq-listed crypto exchange Coinbase is estimated to be around $40 million. 5563 Total views 36 Total shares American rapper and cryptocurrency investor Nasir Jones, better known by his stage name Nas, has invited fans to join the cryptocurrency industry in a newly released track. Released last week, “Sorry Not Sorry” is a […]

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Binance CEO CZ: Bitcoin is less volatile than stocks like Apple and Tesla

May 3, 2021

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Changpeng Zhao says the crypto faithful are in it for tech compared to gain chasers looking for the next “moon-shot gem.” 6969 Total views 35 Total shares Binance CEO Changpeng Zhao has commented on the volatility of Bitcoin (BTC), stating that the largest crypto by market capitalization is probably less volatile than the stock prices […]

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MicroStrategy sees up to 52% revenue surge as Saylor confirms more Bitcoin buys ahead

April 30, 2021

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MicroStrategy, the company which owns over 91,000 Bitcoin (BTC), saw an astounding surge in revenues in Q1, its latest figures confirm. In a press release on April 30, CEO Michael Saylor revealed that the company’s success had gone far beyond its Bitcoin profits. Saylor: Hodling BTC creates “substantial value” MicroStrategy has continued to hit the […]

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