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“# BTCS stock jumps 44% after announcing first-ever dividend payable in Bitcoin ” On Jan. 5, Nasdaq Composite logged its biggest daily loss since February last year. But for one of its listed companies, the day turned out to be extremely bullish. Blockchain stock soars The share value of BTCS Inc. (BTCS), a blockchain technology…
“#AMC CEO Adam Aron says he will try to refinance expensive debt” AMC Entertainment boss Adam Aron said Monday that he wants to refinance some of the movie theater chain’s expensive debt as it weathers the effects of the COVID-19 pandemic. “In 2020 and early 2021, AMC took on debt at high interest rates to…
“# Bitcoin dips below $47K as US dollar surge dampens BTC price performance ” Bitcoin (BTC) crisscrossed $47,000 on Jan. 3 as the first Wall Street trading days of 2022 got off to a modest start. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Ethereum steals the limelight Data from Cointelegraph Markets Pro and TradingView showed…
“#Lessons of Jimmy Cayne’s Bear Stearns historic rise and fall” Jimmy Cayne is no longer a household name on Wall Street, his fame darkened by the last couple of years as CEO of the ill-fated investment bank Bear Stearns. But Cayne’s story is far more complex. It’s one of incredible achievement as well, and even…
“# What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row ” Bitcoin (BTC) may be down over 30% from its record high of $69,000, but it has emerged as one of the best-performing financial assets in 2021. BTC has bested the U.S. benchmark index, the S&P 500, and the…
“# Bitcoin daily losses near $4K as S&P 500 hits 69th all-time high of 2021 ” Bitcoin (BTC) dropped nearly $4,000 on Dec. 28 as the market offered a sharp reminder that the bull run would need to wait. BTC analysts eyes $44,000 BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro…
“# Argo Blockchain among most traded stocks by Fidelity customers ” Financial services company Fidelity Investments’ U.K. arm reported that over the last 12 months, customers were most interested in trading shares of crypto mining firm Argo Blockchain. In a Thursday report, Fidelity said Argo Blockchain ranked third among the top five stocks most actively…
“# Missed out on hot crypto stocks in 2021? It paid just to buy Bitcoin and Ethereum, data shows ” Bitcoin (BTC) may have fluctuated in price this year, but BTC remains a better play than the biggest crypto stocks. New data currently circulating shows that for all the growth in the industry surrounding Bitcoin,…
“#Peloton CEO John Foley drops $55M on Hamptons compound as company faces increased scrutiny” Peloton chief executive John Foley has quietly snatched up a $55 million estate in East Hampton — even as employees of the exercise-bike company fret about their futures as its stock price tanks, The Post has learned. Foley’s new 4-acre spread…
“# NYDIG raises $1B in funding, valuation now $7B ” On Tuesday, New York Digital Investment Group, or NYDIG, a financial institution specializing in Bitcoin financial services such as savings accounts, trading brokerages, 401(k)s, etc., announced it had secured a $1 billion equity investment led by WestCap. The funding places its valuation at nearly $7…