Wall Street Embrace of Crypto Grows Closer as Employees Argue on Its Behalf: CNBC
On a Zoom call with traders in January, co-President Daniel Pinto suggested he was open-minded about bitcoin. Source
Read MoreOn a Zoom call with traders in January, co-President Daniel Pinto suggested he was open-minded about bitcoin. Source
Read MorePrice PointBitcoin (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 CryptoX 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,”
Read MoreA reading of Ben Hunt’s latest essay for Epsilon Theory. Source
Read MoreMetro-Goldwyn-Mayer (MGM) is already set to make a movie telling the week-old story of a group of retail investors from social media platform Reddit who took on the financial might of Wall Street.According to a report from Deadline on Sunday, MGM acquired the movie rights to a book proposal known
Read MoreAfter gaining the spotlight due to a 980% pump on Jan. 28, Dogecoin (DOGE) briefly entered the top 10 ranking by market capitalization for the first time since 2015. Once the massive pump lost momentum and traders quickly took profits, it seemed that investors would move on past the meme-based
Read MoreThe retail trader insurgency has massive implications for the future of capital markets. This episode is sponsored by Nexo.io.This week, a collective of foul-mouthed internet memers took down some of Wall Street’s best-known hedge funds. In today’s episode, NLW looks at:Image credit: Spencer Platt/Getty Images News and WallStreetBets Subreddit Source
Read MoreIHS Markit will likely join the cryptocurrency index game, the company’s President of Financial Services Adam Kansler said during the financial information giant’s Wednesday earnings call.Kansler told analysts that IHS Markit already has “tactical partnerships” with crypto firms like Lukka to source cryptocurrency pricing and reference data. These data points
Read MoreThe popular economist talks about the K-shaped recovery and why we could be in for more pain in 2021.Daniel Lacalle is the chief economist for Tressis SV and a well-known economics personality. In this conversation with NLW he discusses the devastation of small businesses in America and around the world
Read MoreWall Street has been all over Bitcoin over the past few months due to the growth in the
Read MoreA tug of war over Bitcoin’s future is becoming more ferocious. This battle, pitting corporate interests seeking to profit from the Bitcoin system’s disruptive potential against an anti-corporatist dream for a human-first financial system that bypasses institutional middlemen, has been in play for some time. But with bitcoin’s latest price rally,
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