Wall Street Analyst: Bitcoin Will Soon Push Past $10,500, Then Rocket 30%
After flatlining around $9,600-9,700 for a number of days, Bitcoin saw an explosive price move early Sunday morning. Following
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Street
Bitcoin Rally in Danger? Wall Street Veterans Warn of Nasdaq Bubble
Ned Davis, who has operated his namesake Wall Street research firm since 1980, believes a Nasdaq bubble is forming. Based on the rough correlation between Bitcoin (BTC) and stocks in recent months, it could negatively affect the crypto market.Since March 2020, Bitcoin and the S&P 500 saw an uncanny correlation. There
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Tesla (TSLA) Stock Could Be Overvalued, Warn Top Wall Street Analysts
Wall Street analysts have expressed their fears on the fast rise of Tesla (TSLA) stock but the company’s growth strategy may help sustain the growth.The massive run of Tesla Inc (NASDAQ: TSLA) stock is beginning to confound Wall Street analysts who fear the shares have no framework to sustain its
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Wall Street Reverses Upward Trend, S&P 500 Closes 1% Lower
The Wall Street rally seems to have come to its end as most defining stocks closed lower amidst increasing COVID-19 cases.The new confirmed cases of COVID-19 surging all over the United States seems to be causing untold reactions in the stock market. Florida stood out over the weekend recording about
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‘Fiat and Money Printing’ Street Mural Earns $500 in Bitcoin Donations in Five Days
A Parisian street artist is receiving hundreds of dollars every day in bitcoin donations from his painting that speaks about “fiat and money printing.”Pascal Boyart’s latest mural, “Confessions of a Red Jester”, is a modern interpretation of the 1862 painting “Stańczyk” by Polish romanticist painter Jan Matejko. The original
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Wall Street Could FOMO Into the Stock Market In Q3. Here’s Why
Wall Street anticipates a vaccine by November ahead of the presidential election. Institutional investors are likely to enter the stock market as vaccines offset weak fundamentals. Nations can reopen their economies freely with vaccines, lowering the threat of a second virus outbreak. After a historic rally, the U.S. stock market has lacked conviction
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Tesla Became the World’s Most Valuable Auto Stock – But Wall Street Wasn’t Impressed
Goldman Sachs and Morgan Stanley each downgraded Tesla, which recently became the world’s most valuable carmaker. Other analysts have also downgraded Tesla stock, with some suspecting that a big correction is due. Analysts have been making gloomy TSLA forecasts since January. Will they be proven wrong again? An unstoppable surge briefly made Tesla
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First Mover: Bitcoin Recouples With Wall Street as Stocks Tumble, Fear Trade Returns
In a redux of trading from the early days of the coronavirus crisis in March, bitcoin tumbled Thursday in tandem with a sell-off on Wall Street – rekindling an ongoing debate over the cryptocurrency’s use as a store of value. Prices for bitcoin fell 6.37% to about $9,100, as the Standard
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3 Trends Are Drawing Wall Street to Bitcoin and Crypto: Fidelity Survey
Over the past few months, we’ve seen a strong uptick in institutions adopting Bitcoin and crypto-assets.Nothing shows this as well as Grayscale’s Bitcoin Trust, a leading way that institutional investors can use to gain exposure to cryptocurrency. According to NewsBTC’s research, the trust brought in 62,972 BTC over the past
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Of Street Marches and Market Manipulators, May 30–June 5
[sociallocker id="55298"] Cryptox’s weekly newsletter on the latest in law, policy and regulation for the crypto and fintech industry. Editor’s noteA lockdown spring is giving way to a protest summer in the U.S., and this will be an especially U.S.-focused edition of Law Decoded. Washington’s focus has shifted from the novel
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