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JPMorgan Expects the S&P 500 to Rally, Will Bitcoin Follow?
stockmarket

JPMorgan Expects the S&P 500 to Rally, Will Bitcoin Follow?

JPMorgan expects that the S&P 500 would rise to between 3,500 and 3,600 by the end of 2020, and 3,750 by this time next year, a 10 percent growth.

Will Bitcoin Replace Gold as A 'Traditional Safe-Haven Asset?' Experts Debate
stockmarket

Will Bitcoin Replace Gold as A 'Traditional Safe-Haven Asset?' Experts Debate

Nigel Green, CEO, and founder of financial consultancy firm deVere Group, addressed Bitcoin’s bullish traction on the crypto market and boldly stated on his Twitter platform that the cryptocurrency was potentially going to “knock gold from its long-held position” of being a safe-haven asset.

Gemini Co-Founder Winklevoss Thinks BTC Is Set For Its Next Bull Run, With the Fed's Money Printing
stockmarket

Gemini Co-Founder Winklevoss Thinks BTC Is Set For Its Next Bull Run, With the Fed's Money Printing

Co-founder and CEO of Gemini crypto exchange Tyler Winklevoss thinks that the US Federal Reserve’s economic stimulus strategy would positively impact Bitcoin and its pricing on the crypto market.

Bitcoin Price and Altcoins Spike On News of President Trump’s Recovery Against COVID-19
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Bitcoin Price and Altcoins Spike On News of President Trump’s Recovery Against COVID-19

Bitcoin and altcoins have enjoyed a brief price surge on the back of news that President Trump could be discharged from hospital after his bout with COVID-19.

Nvidia's Soaring Data Center Revenue Signals Strong AI and GPU Market Position
stockmarket

Nvidia's Soaring Data Center Revenue Signals Strong AI and GPU Market Position

Nvidia's Q3 fiscal 2024 results show a 279% increase in data center revenue and a 206% overall revenue increase to $18.12 billion, highlighting its success in AI and GPU markets. Analysts predict further growth in 2024.

Billionaires and Bitcoin: Stan Druckenmiller’s Alarming Warning on Stocks While Paul Tudor Jones Remains Bullish on Bitcoin
stockmarket

Billionaires and Bitcoin: Stan Druckenmiller’s Alarming Warning on Stocks While Paul Tudor Jones Remains Bullish on Bitcoin

Billionaire Stanley Druckenmiller said during a webcast held by The Economic Club of New York that the risk-reward calculation for equities is the worst he has ever seen in his career. The billionaire expressed his doubts about the US equities’ possibility of logging a V-shaped recovery. He added that government stimulus programs will not be enough for the economic recovery post-pandemic. Druckenmiller believes that cash liquidity required to pump assets that are considered risky will shrink shortly as the US Treasury will soon end the private economy which could overwhelm the Fed purchases through borrowing consistently.

Baidu's Stock Tumbles Amid Military Testing Rumors of AI Chatbot Ernie
stockmarket

Baidu's Stock Tumbles Amid Military Testing Rumors of AI Chatbot Ernie

Reports of Baidu’s AI chatbot Ernie Bot undergoing military testing led to an 11.5% drop in its stock, reflecting investor concerns over potential U.S. sanctions and the intricate challenges facing Chinese AI companies in the global tech landscape.

Long-Term Bond Slump Mirrors Historic Stock Market Crashes, Stirs Investor Concerns
stockmarket

Long-Term Bond Slump Mirrors Historic Stock Market Crashes, Stirs Investor Concerns

The historic slump in long-term bonds, closely mirroring past notorious stock market crashes, has stirred concerns among investors and financial analysts. The discourse on social media, led by notable figures like Genevieve Roch-Decter, CFA, emphasizes the gravity of the situation, with particular implications for retirees and other bond-dependent investors.

Tesla Stock and Bitcoin Rebound with S&P 500, But Bitcoin Price and Crypto Crash Still Predicted
stockmarket

Tesla Stock and Bitcoin Rebound with S&P 500, But Bitcoin Price and Crypto Crash Still Predicted

Tesla and Bitcoin’s price have both surged in the last 24 hours, however, chart analysis indicates that a Bitcoin price crash still looms for September.

Winklevoss Twins Brief David Portnoy on Bitcoin, BTC Talks Continue
stockmarket

Winklevoss Twins Brief David Portnoy on Bitcoin, BTC Talks Continue

American internet celebrity David Portnoy officially hosted the Winklevoss Twins at his house for a long-due conversation regarding Bitcoin (BTC) and cryptocurrencies.

Could Stock Market Turbulence and US Elections Send Bitcoin Crashing Down?
stockmarket

Could Stock Market Turbulence and US Elections Send Bitcoin Crashing Down?

Bitcoin has plunged from highs of more than $11K to lows of $10,400, and analysts have looked at US stock markets to explain the cryptocurrency’s price dip.

German Startup Plans to Launch Bitcoin ETN on Frankfurt, Luxembourg Stock Exchanges
stockmarket

German Startup Plans to Launch Bitcoin ETN on Frankfurt, Luxembourg Stock Exchanges

Iconic, a German startup wants to integrate cryptocurrency into the stock market through the listing of their bitcoin derivative (ETN) with regulated trading on Frankfurt and the Luxembourg Stock Exchange.

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