Tags : Lead

Market

Tesla’s Bitcoin Buy May Lead to Widespread Corporate Adoption –

Wedbush Securities, a Los Angeles-based privately held investment firm, foresees the corporate world emulating the U.S. electric car maker Tesla’s decision to buy bitcoin, just not this year.  In a note on Monday, Wedbush analysts called Tesla’s bitcoin investment a “game-changer” for the top cryptocurrency and blockchain technology, adding that it could pave the way […]Read More

Market

Bitcoin Tops $46K for First Time as Market Bets Others

The price of bitcoin blew through $46,000 for the first time ever like a light saber through cotton candy as Tesla’s announcement earlier Monday that it had bought $1.5 billion of the leading cryptocurrency added jet fuel to its record run. UPDATE (Feb. 8, 23:35 UTC): Updates to add bitcoin passed $46k for the first […]Read More

Cryptocurrency

Ethereum (finally) takes the lead with a 25% rally as

While Ethereum appreciated over December, the leading altcoin has largely underperformed Bitcoin. On days when BTC rallied 5-8 percent in a single day in December, Ethereum was sometimes flat, consolidating around key support levels as capital was focused on Bitcoin. Many attribute this to the institutional support for the crypto market, which aggregates in Bitcoin […]Read More

Bitcoin

The Factor That Could Lead To Much Higher Prices This

Bitcoin price reached more than $28,000 over the holiday weekend, giving investors extra to celebrate as the bizarre year of 2020 comes to a close.  Analysts are mixed — some warn Bitcoin has topped out based on technicals while others look to fundamentals and other factors unique to this cycle such as the emergence of […]Read More