Tag: Investment News

Investment Management Firm BlackRock’s CIO Thinks Bitcoin is More Functional Than Gold

Investment Management Firm BlackRock’s CIO Thinks Bitcoin is More Functional Than Gold

CNBC has gone on a slew of interviews with multiple Wall Street and financial leaders in the past two weeks, and the latest to go on record is BlackRock’s chief investment officer Rick Rieder. While not fully advocating for Bitcoin and digital assets, Rieder admitted that there is longevity in the bellwether cryptocurrency as an […]

Continue Reading

Bitcoin Ranks Better in Volatility Than 145 S&P Stocks Right Now

Bitcoin Ranks Better in Volatility Than 145 S&P Stocks Right Now

Critics of the world’s largest cryptocurrency Bitcoin have often brought up its volatility rate to deter investors from purchasing the asset. Billionaire hedge fund manager Ray Dalio is one such critic, who recently interviewed with Yahoo Finance and commented that investors cannot create wealth reliably with Bitcoin due to its high volatility. This is an […]

Continue Reading

Airbnb May Consider Crypto & Blockchain, According to IPO Prospectus

Airbnb May Consider Crypto & Blockchain, According to IPO Prospectus

Considered to be one of the most anticipated IPOs of the year that found itself, like everything else, waylaid by the developments of the COVID-19 pandemic, Airbnb’s new IPO prospectus seems to entail provisions for cryptocurrency and blockchain, a field it has not delved into before. Submitted to the US Securities and Exchange Commission (SEC) […]

Continue Reading

Wall Street Veterans Bill Miller & Stan Druckenmiller Make A Strong Case for Bitcoin

Wall Street Veterans Bill Miller & Stan Druckenmiller Make A Strong Case for Bitcoin

Bitcoin has been drawing plenty of supporters from Wall Street this year as big players gradually made the shift towards the world’s largest cryptocurrency. From Paul Tudor Jones, MicroStrategy and Square, to now legendary Wall Street experts Bill Miller and Stan Druckenmiller, Bitcoin is certainly gaining the recognition it deserves as a viable alternative asset. […]

Continue Reading

Bitcoin Hits Multi-Year High As It Surges to $15.9K in 24 Hours

Bitcoin Hits Multi-Year High As It Surges to $15.9K in 24 Hours

Bitcoin hit a multi-year high of $15.9K this morning after smashing through the $15K level only less than 12 hours ago according to CoinMarketCap, much to the surprise and excitement of the crypto community. The bellwether cryptocurrency has had an amazing year so far as it went beyond traders’ expectations time after time, growing more […]

Continue Reading

Crypto Trading Platform 3Commas Selects $3M Investment Offer by Alameda Research

Crypto Trading Platform 3Commas Selects $3M Investment Offer by Alameda Research

Founder of crypto derivatives trading platform FTX Sam Bankman-Fried has just committed $3 million in funds to 3commas under Alameda Research. 3commas, a crypto asset management and aggregation platform, chose to go with Alameda Research in spite of multiple offers by other VC firms as they felt that the firm and Bankman-Fried was most aligned […]

Continue Reading