‘The Street’ Cites Bitcoin Among Investments Set To ‘Soar’
Bitcoin is among the investments expected to soar, according to Tradebird, a social trading app, reported The Street, a site that offers insight on investing. The Street and the investor comments it cited join the growing investment community interest in bitcoin. The Street article cited the impressive gains of the Grayscale Bitcoin Investment Trust. Other investments expected to soar are SolarCity, Swiss Francs and Manchester United. What Do ‘Real Traders’ Think? Ivan Ashiminov, a writer for The Street, noted it is important to know what “real traders” think since they can offer clues....
Related News
Il CEO della società di gestione degli investimenti VanEck, Jan van Eck, ha dichiarato ieri a Fox Business che Ethereum (ETH) è a tutti gli effetti “il token di Wall Street”. Le sue parole arrivano mentre ETH si avvicina a un nuovo massimo storico (ATH), attirando nuovamente l’attenzione di investitori retail e istituzionali. Ethereum, essenziale […]
The future of finance apparently involves Wall Street’s ghosts.
Do Wall Street’s woes have anything to do with bitcoin’s bounce? Bitcoin was one of the few winning investments in the worst first week of the year for U.S. stocks, according to The Wall Street Journal. The Dow Jones Industrial Average (DJIA) and the S&P 500 had their worst first weeks in history. Bitcoin, gold, the yen and natural gas were in growth modes. At the close of trading Friday, the DJIA fell 6.2%, the S&P 500 lost 5.96%, and the Nasdaq was down 7.3%. In addition, 10-year Treasury yields fell 0.141 percentage points to 2.131% and Nymex crude oil dropped 10.48%. The DJIA’s....
South Africa’s Johannesburg Stock Exchange (JSE) has rejected a request by the asset management firm, Sygnia, to list a new bitcoin exchange-traded fund (ETF). In justifying its rejection of the latest proposal by Sygnia, the JSE cites the “lack of a regulatory framework for cryptocurrencies as the reason.” Unexpected Rejection Meanwhile, a report suggests that while Sygnia was not expecting “an immediate acceptance of the bitcoin ETF”, company executives still did not anticipate such “a quick rejection.” Instead, in her reaction to the JSE’s....
KPMG, the global audit and consulting firm has presented a report which speaks of declining crypto investments. The highlights in those reports were that globally, the interest in crypto along with investments was depreciating. The report precisely signalled that there shall be a slowdown in investments for the rest of this year. The global investments […]