NYSE-Listed Investment Firm Says Bitcoin Will Crash To $12,000
On Monday, analysts Barry B. Bannister and Thomas R. Carroll at the equity trading desk of investment bank Stifel, predict in their call of the day that Bitcoin could fall to as low as $12,000 in the coming months. In the financial market roundup article from MarketWatch, it is mentioned, Other casualties that Bannister and […]
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Bitcoin Investment Trust (BIT) wants to be listed on NYSE Arca, according to a registration statement filed Friday with the U.S Securities and Exchange Commission (SEC). This is the second proposed Bitcoin investment trust listing on the exchange. The first, Solidx Bitcoin Trust, has yet to be approved by the SEC. Using Solidx as a model, it could take....
NYSE today announced on its Twitter page that its wholly-owned subsidiary, The New York Stock Exchange, had made a minority investment in incumbent payment processing company Coinbase. The tweet read as follows: We will work with @coinbase to bring additional transparency to bitcoin pricing http://t.co/Q9xjcXMmjl pic.twitter.com/gJaOiCScNM. - NYSE (@nyse) January 20, 2015. Alongside the twitter announcement came a press release confirming its validity. While the specifics of the investment have not yet been disclosed, we can expect to learn more as to the size and terms attached over the....
As Bakkt prepares to be listed on the NYSE, even more crypto companies could be going public in the future. Digital assets marketplace Bakkt is set to go public on the New York Stock Exchange in 2021, which could pave the way for more cryptocurrency service providers to follow suit. The Intercontinental Exchange announced on Jan. 11 that its cryptocurrency marketplace Bakkt would soon be listed on the NYSE public stock market. This will be done through a merger with a special purpose acquisition company VPC Impact Acquisition Holdings.The shell company will be used to merge with Bakkt in....
Intercontinental Exchange (ICE) CEO and New York Stock Exchange (NYSE) chairman Jeffrey Sprecher has come out in support of bitcoin and the blockchain, voicing his belief that the technologies are part of a larger change in how trust is being established in society. Speaking to CNBC's Bob Pisano on "Power Lunch", Sprecher opened up about NYSE's investment in bitcoin services provider Coinbase's recent $75m Series C funding round, one of the largest so far closed by an industry firm. Sprecher suggested NYSE has been looking into bitcoin and the blockchain for "over a year", but noted the....