JPMorgan Says Quant-Fueled Bitcoin Drop May Have Further to Go – Bloomberg Bitcoin’s recent tumble cleared some speculative “froth” but further declines remain possible, according to JPMorgan Chase & Co. Momentum traders such as commodity trading advisors and other quantitative funds likely played a big role in the slide by unwinding long Bitcoin futures positions,…
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Crypto Long & Short: How Bitcoin Development Is Evolving – and What’s Behind It Crypto Long & Short: How Bitcoin Development Is Evolving – And What’s Behind It Today I want to talk about code. I know, this newsletter is for professional investors and not developers – why aren’t we talking about price? Don’t worry,…
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Bitcoin price sets new record: $19,850 The price of a bitcoin reached $19,850 today, beating the 2017 record of $19,783. It’s since dropped to $19,268. The 2017 price surge has been attributed to an influx of Asian speculators, followed by a drop when people realized that bitcoin wasn’t good … Read More…
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NewsWatch: Legendary investor called this stock market a ‘Real McCoy’ bubble, and now Jeremy Grantham’s fund is trailing the S&P 500 by 14 percentage points Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., has seen his fund badly trail the broader stock market in 2020. Read…
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Is bitcoin a safe investment? Where do you store it securely? Will I make money from it? There are just some of the questions that I’ve been asked about Bitcoin and cryptocurrency lately so I thought to create a video answering these questions for you guys. If you have more questions please leave a comment…
More info3 bearish factors sent Bitcoin prices reeling, and 2 bullish ones may buoy it – MarketWatch A fresh record high for bitcoin is going to have to wait, if it comes at all. Bitcoin prices BTCUSD, +0.85% BTCUSD, +0.85% on Friday were being pummeled, pushing the cryptocurrency into correction territory, commonly defined as a decline…
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RPT-Bitcoin at $100,000 in 2021? Outrageous to some, a no-brainer for backers – Reuters Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100,000 in a year. Read More…
More infoMarket Extra: 3 bearish factors sent Bitcoin prices reeling, and 2 bullish ones may buoy it Bitcoin prices on Friday were being pummeled, pushing the cryptocurrency into correction territory. Here are some key reasons. Read More…
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How I Would Invest $1000 in Cryptocurrency DECEMBER 2020 (excluding bitcoin)! What coins do YOU like? 👈 Not financial advice! Just Opinion. DYOR 👈👈👈 Hit Like, Share and Subscribe for more daily cryptocurrency news! Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Tweets by AltcoinDailyio Timestamp: 0:00 – Intro (Watch The…
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Guggenheim Fund Reserves Right to Put Up to 10% in Bitcoin Trust – Bloomberg Count Guggenheim Partners LLC among those institutional investors casting an eye on cryptocurrencies. Guggenheim is reserving the right for its $5.3 billion Macro Opportunities Fund — which aims for total return via fixed income and other debt and equity securities —…
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