Tags : Wall

Bitcoin

Boom for Bitcoin as Wall Street Veteran Blasts Powell over

Bitcoin could continue playing its global safe-haven hedge role as a Wall Street veteran blasts off Jerome Powell and his pro-inflation policies in his latest opinion editorial. The benchmark cryptocurrency could rise as Andrew Parlin, founder/chief investment officer at Washington Peak Investment Advisors in New Jersey, warns about how the Federal Reserve chairman has thought […]Read More

Bitcoin

Bitcoin Falls to $53,000 as Wall Street Gains Hurt Appeal;

Bitcoin fell towards $53,000 on Tuesday as US stocks rallied, breaking away its tradition of tailing riskier assets even as bond yields and the US dollar dipped. The benchmark cryptocurrency was down 1.13 percent to $53,500 per token ahead of the L0ndon opening bell. Bitcoin futures on the Chicago Mercantile Exchange dropped by more than […]Read More

Bitcoin

These 3 Wall Street Billionaires Recently Supported Bitcoin

Bitcoin has undergone a strong surge over the past few months, moving beyond $50,000. The digital asset’s rally has largely been driven by a growth in the reputation of BTC as an investable store of value. This shift in the sentiment around Bitcoin has been strong aided by positive announcements about the asset by Wall […]Read More

Market

As Wall Street Fixates on Inflation Hedges, Good Luck Finding

Price Point Bitcoin (BTC) was lower, after an intraday price spike on Tuesday took the largest cryptocurrency to a new all-time high of $48,226.25, based CoinDesk 20 data.    $50K in sight: “Bitcoin needs a couple more big endorsements, and that could be the key to take prices above the $50,000 level,” Edward Moya, senior […]Read More

Bitcoin

Wall Street Journal commenters lambast $1.5 billion Bitcoin purchase by

Yesterday, Tesla shocked the crypto space when the firm was revealed to have purchased $1.5 billion—yes, billion—worth of Bitcoin. As reported by CryptoSlate previously, a filing  with the US Securities and Exchange Commission (SEC) said that the firm had purchased this Bitcoin to provide “more flexibility to further diversify and maximize returns on our cash […]Read More

Bitcoin

Bitcoin Weekly Outlook: Market Looks to Capitalize Wall Street Chaos

Bitcoin prices finished the last week slightly higher despite a rebound in the US dollar. The flagship cryptocurrency ended 2.63 percent higher on the Coinbase exchange for the week. Meanwhile, the new weekly session began on a positive outlook. Bitcoin was up 1.47 percent, trading slightly above its short-term support level of the 20-day exponential […]Read More

Market

Michael Casey: Narratives Wall Street Can’t Control

Welcome to Money Reimagined.  This was the week the internet finally defeated Wall Street – at least for a few days. The wild rally in GameStop’s stock, fueled by an army of Reddit retail day traders, imposed devastating losses on hedge funds and showed how free trading tools and social media (memes) can now be […]Read More