equities
EquitiesFirst Owes $439 Million In Debt to Celsius Network
The case is one of many issues facing Celsius Network. If EquitiesFirst agrees to pay the debt, then the struggling Celsius’ operations would be bolstered.
Crypto Price Shows Stronger Interconnectedness with Stock Market amid COVID-19: IMF
As a change of tune, the IMF alludes to the fact that crypto-assets like Bitcoin (BTC) have transformed from an obscure asset class to an integral part of the digital asset revolution.
South Korea Sees Surge in New Blockchain Platforms for Trading of Unlisted Stocks
South Korea’s progressive-thinking and liberal attitude on blockchain technology and cryptocurrencies got another boost on May 11. Industry sources revealed the upcoming launch of two new blockchain-based exchanges to bolster the financial trading of unlisted equities.
CBOE Seeks SEC Approval to List First Bitcoin Exchange-Traded Product in US
Equities market operator, CBOE global markets, has submitted a filing proposal to the SEC to list and trade shares of VanEck’s Bitcoin Exchange Traded Fund (ETF).
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.
JPMorgan and CNBC Jim Cramer Predict S&P 500 to Rally to New Highs, Bullish Bitcoin Trend to be Expected
JPMorgan predicts that equities could rally 47% from here, after its 40% rebound from its lows in March, hinting at a possible Bitcoin bull run. Strategists at JPMorgan recently suggested that Bitcoin successfully passed its “first stress test” during March’s global economic crisis.
When China Yuan Sneezes, Bitcoin Wears a Mask
My thesis continues to be that larger accounts (i.e. whales who own > 1000 BTC) have started to liquidate (which I shared yesterday that this number have continued to decline for the past two weeks), and potentially chase/re-allocate into equities.
May 7: The Traders' War... New vs Seasoned...
Bitcoin is now up close to 3% past 24 hours as it spiked through $9400 for a bit even as U.S. equities traded poorly, leaving me with the thesis that BTC is starting to break away from moving in lockstep with S&P 500 until and after the havling event. In fact, the 1-year rolling correlation between Gold and Bitcoin is nearing all-time high, so we could start seeing it behave more like Digital Gold.
US Awaits Recession While Bitcoin Becomes the Last Resort
The trade-war worries affected the financial markets on Wednesday, while stocks and commodities tumbled in Europe and the United States. Equities declined more than 1% in the United States after the S&P 500 Index fell 2.93%, the NASDAQ shed 3%, and the Dow Jones tumbled over 3%.
Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC
Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).
Sep 08 Trading Analysis: Be Long in the face of adversity...
I'm actually thinking that it could be a great opportunity to start accumulating BTC or ETH at these levels. Check these out:
Paul Tudor Jones Says Bitcoin’s Price Path to Go Up, and “Cash May be Gone” in the Next 20 Years
Billionaire Paul Tudor Jones recently said in an interview that in the next 20 years, most people would be using some type of digital currency.
Bitcoin Takes Black Swan Dive With Markets, Cash Still King as Stablecoin Market Caps Surge
The Bitcoin community watched from the edge of their seats as the BTC price briefly sank below to $3,900 before rebounding to between $5,300 and $5,500 in less than 30 minutes this morning.
New Zealand Permits Cryptocurrency Remunerations
New Zealand sets the precedent by being one of the first nations to permit salaries to be made in the form of cryptocurrencies.