Cryptocurrency Analysis and News Portal
Chamath Palihapitiya blamed the US regulators for their heavy crackdown recently on the US crypto industry and all associated players. In the latest regulatory developments taking place in the United States, popular tech investor Chamath Palihapitiya shared a very cautious move about crypto assets. Over the last few years, Palihapitiya
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Regulators in the United States have choked out the cryptocurrency sector to the point of death according to Bitcoin (BTC) bull and billionaire tech investor Chamath Palihapitiya.“Crypto is dead in America,” he boldly claimed in an April 22 episode of the All-In podcast. Palihapitiya’s comment came in response to the
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Billionaire Chamath Palihapitiya has sold 15% of his position in the crypto and stock trading platform and finance company SoFi. The company went public earlier this year through a merger with a blank-check company led by Palihapitiya, and was valued originally at $8.65 billion and now has a market cap
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Virgin Galactic’s chairman and CEO of Social Capital, Chamath Palihapitiya, says bitcoin has effectively replaced gold. Having predicted that the price of the cryptocurrency would hit $200,000, the executive said bitcoin’s “market cap is just going to grow.” Palihapitiya: ‘I Can Pretty Confidently Say That Bitcoin Has Effectively Replaced Gold’ Virgin Galactic
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The backing of the Flock’s funding round by Palihapitiya was born out of the conviction that the firm is all in to redefine the scope of our growing hyper-connected world.United Kingdom-based Connected car insurance startup Flock has completed its Series A funding round, pulling as much as $17 million. According
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While Elon Musk has a history of influencing the stock market, his record in helping to pump the price of digital currencies such as Dogecoin (DOGE) cannot go unnoticed.David Einhorn has accused Elon Musk, the CEO of Tesla Inc (NASDAQ: TSLA), and venture capitalist Chamath Palihapitiya of adding the real
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Virgin Galactic has had to postpone several space flights prompting SPCE stock investors’ lack of confidence.Virgin Galactic Holdings Inc (NYSE: SPCE) stock extended yesterday’s dip during Friday’s premarket and is still down after the market opened. According to market data provided by MarketWatch, SPCE stock closed Thursday trading at $30.30,
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Bitcoin’s (BTC) price has risen dramatically over the past days and weeks, recently wheeling past $40,000. An asset largely untied to governmental authority, Bitcoin is a hedge against global uncertainty, according to venture capitalist and billionaire Chamath Palihapitiya.Citing a possible five or 10-year time horizon, Palihapitiya said he thinks Bitcoin
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Investors are concerned about the upcoming U.S. presidential election impacting the stock market.Chamath Palihapitiya said the stock market would continue to rise regardless of a Trump or Biden presidency.Stocks are going higher due to the Federal Reserve’s unprecedented support, which is causing asset price inflation.After a tech stock selloff in
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A Silicon Valley fund manager holds bitcoin purchased seven years ago as it mulls being publicly traded. Palo Alto, Calif., investment firm Social Capital invested in bitcoin (BTC) in 2013, CEO Chamath Palihapitiya revealed Wednesday in an investment conference call. Bitcoin was trading between $13 and $1,200 in 2013 and today
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