Economist Frances Coppola and senior commodity strategist at Bloomberg Mike MgGlone clash on everything Bitcoin.
The Tesla CEO made the comment on Twitter today, weeks after his company purchased over $1.5 billion worth of Bitcoin.
The post Elon Musk says only a “fool” wouldn’t look into Bitcoin appeared first on CryptoSlate.
The wildly popular investment and analysis magazine announced the move yesterday, years after calling Bitcoin a “terrible investment.” The Fool buys Bitcoin “We’re buying $5 million in Bitcoin on our own balance sheet.
The post Motley Fool to buy $5 million of Bitcoin—but it missed on a potential for $2.5 billion appeared first on CryptoSlate.
The yellow metal has now fallen to its lowest-ever value against Bitcoin, the digital gold, in terms of the ratio.
The post Bitcoin is “eating” Gold: GOLD/BTC ratio falls to an all-time low appeared first on CryptoSlate.
“Holding some portion of what you hold in cash in things like crypto seems to make some sense to me,” said Rick Rieder.
The move will aid South Korea’s OTC securities market.
Expect Michael Saylor and MicroStrategy to buy all your Bitcoin when you aren’t watching.
The post Bitcoin breaches $50,000 after MicroStrategy drops $600 million announcement appeared first on CryptoSlate.
The crypto rewards platform has seen tremendous growth over the past three months.
Counterpoint Global, a $150 billion unit of multinational investment bank Morgan Stanley, is considering investing in Bitcoin (BTC), knowledgeable sources told Bloomberg today.
The post Report: Morgan Stanley’s $150 billion arm contemplates Bitcoin investment appeared first on CryptoSlate.
Anthony Scaramucci, founder of $9.2 billion hedge fund SkyBridge Capital who also served (albeit briefly) as communications director in the Trump administration, said that Bitcoin (BTC) could “easily trade” at $100,000 within a year, Forbes reported today.
The post Bitcoin could “easily” reach $100,000 by 2022, says Anthony Scaramucci appeared first on CryptoSlate.