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Morgan Stanley Adds Another Bitcoin-Focused Fund From NYDIG And FS Investments
Wednesday, June 16, 2021 - 11:09am | 336Read More...What Happened: Earlier this year, Morgan Stanley (NYSE: MS) offered its wealthiest clients exposure to Bitcoin (CRYPTO: BTC) through three funds, becoming the first major U.S. bank to do so. Two of the funds on offer were from Mike Novogratz’s crypto investment firm Galaxy Digital...
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Meme Stocks Are Back In Demand After Traders Circle Back From Bitcoin
Friday, June 11, 2021 - 3:53pm | 431Read More...What Happened: Bitcoin’s massive correction in May has led to retail traders moving out of the cryptocurrency and back into popular meme stocks like AMC Entertainment Holdings Inc (NYSE: AMC) and GameStop Corp. (NYSE: GME). Year-to-date, both AMC and GME are up over 1000%, while Bitcoin...
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Elon Musk The Next 'Bad Boy' Of Crypto? At Least 'Incumbent' Justin Sun Thinks So
Wednesday, May 26, 2021 - 4:56am | 615Read More...Tron (TRX) founder Justin Sun said Tuesday that Tesla Inc (NASDAQ: TSLA) CEO Elon Musk may be the next in line to receive the "bad boy" title of the cryptocurrency world. What Happened: Sun said in response to questions at CoinDesk’s annual conference “Consensus 2021...
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Billionaire Ray Dalio Owns Bitcoin, Thinks It's Better Than Bonds
Monday, May 24, 2021 - 4:00pm | 254Read More...Ray Dalio — billionaire and one of the world's richest hedge fund managers — admitted he owns Bitcoin (CRYPTO: BTC). What Happened: Speaking at Coindesk's conference Consensus, Dalio said that he holds "some Bitcoin." He has not specified how much...
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Major Cryptocurrencies Down Significantly In Past 24 Hours
Sunday, May 23, 2021 - 12:14pm | 250Read More...Nearly all major cryptocurrencies are down in the past 24 hours. As of publication time, Bitcoin (CRYPTO: BTC) is down 15%, according to CoinMarketCap. Ethereum (CRYPTO: ETH) is down 21%. Cardano (CRYPTO: ADA) is down 26%. Binance Coin (CRYPTO: BNB) is down 27%. XRP (CRYPTO: XRP) is down 25...
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Exec At Crypto Finance Firm Uphold Dismissed Over Accusations Of 'Fraudulently Misdirecting' $730,000
Saturday, May 22, 2021 - 12:11pm | 517Read More...Sameer Ismail, the chief compliance officer at crypto finance firm Uphold, has been fired amid accusations of fraud. What Happened: According to a Friday Coindesk report, Uphold said Ismail “wrongfully and fraudulently misdirected” corporate and user funds totaling...
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Is Vitalik Buterin In The Dogehouse? Ethereum Co-Founder's Charitable Donation Causes Drop In Shiba Inu, Other Coins
Wednesday, May 12, 2021 - 9:04pm | 502Read More...Ethereum co-founder Vitalik Buterin has been a well-known name in the cryptocurrency industry. The popular figurehead of Ethereum is also well-loved by creators of meme coins, which has resulted in the gifting of coins to Buterin, which may have backfired Wednesday. What Happened: Meme coins that...
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S&P Launches Bitcoin, Ethereum, Crypto Mega Cap Indexes
Tuesday, May 4, 2021 - 7:45am | 436Read More...S&P Dow Jones Indices launched its first three crypto indexes on Monday, according to a report from CoinDesk. What Happened: The three indexes will measure the performance of digital assets listed on registered open exchanges. The S&P Bitcoin Index (SPBTC) tracks the performance of the...
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Ethereum Gas Fees Drop To 3-Month Low As Price Reaches $2,563
Tuesday, April 27, 2021 - 8:35am | 419Read More...Ethereum (CRYPTO: ETH) was trading at $2,567 at the time of writing, nearing its all-time high of $2,615 recorded on April 22. What Happened: As the second-largest cryptocurrency by market cap continued to trade higher, gas fees on the network dropped to a three-month low, according to data...
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Fintech Focus For April 27, 2021
Monday, April 26, 2021 - 6:19pm | 1655Read More...Quote To Start The Day: A warrior is a guy that goes, ‘I’m here again today. I’ll be here again tomorrow and the next day.’ It’s a person who puts no limit on what’s possible. Source: David Goggins One Big Thing In Fintech: JPMorgan Chase is preparing to offer...
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Coinbase Direct Listing: What You Need To Know Ahead Of Crypto Exchange's Public Debut
Wednesday, April 14, 2021 - 7:38am | 600Read More...Coinbase (NASDAQ: COIN), the largest cryptocurrency exchange in the U.S., goes public today via a direct listing on the Nasdaq. What Happened: The event marks an important milestone for the entire crypto industry, as it will be the first time a major cryptocurrency exchange goes public. Apart from...
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Fintech Focus For April 13, 2021
Monday, April 12, 2021 - 7:23pm | 2278Read More...Quote To Start The Day: Only make decisions that support your self-image, self-esteem, and self-worth. Source: Oprah Winfrey One Big Thing In Fintech: The U.S. Securities and Exchange Commission (SEC) has kicked off its review of WisdomTree’s bitcoin ETF application, starting the countdown...
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Litecoin (LTC) Exchange-Traded Commodity To Be Launched On German Stock Exchange, Coin Price Reacts Negatively
Monday, April 12, 2021 - 3:36pm | 176Read More...Litecoin (CRYPTO: LTC) exchange-traded commodity (ETC) will soon be traded on Deutsche Boerse’s Xetra German stock exchange. What Happened: According to Coindesk, London-based crypto asset manager ETC Group plans to launch its Litecoin ETC on Xetra on April 14. The product will...
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Why Is XRP (Ripple) Hitting Record Highs Despite SEC Threat?
Wednesday, April 7, 2021 - 2:08am | 501Read More...XRP (XRP) — the token associated with Ripple, defying the looming SEC threat, shot up nearly 19% above the psychologically important $1 level at press time on Wednesday. What Happened: The cryptocurrency has risen 88.65% on a seven-day trailing period to $1.04. XRP's current...
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Fintech Focus For April 5, 2021
Sunday, April 4, 2021 - 9:35pm | 2002Read More...Quote To Start The Day: If you really look closely, most overnight successes took a long time. Source: Steve Jobs One Big Thing In Fintech: JPMorgan issued a note Thursday that bitcoin could fetch a long-term price of $130,000 if its volatility continues to decline. Source: Coindesk Other Key...
