‘I don’t own Bitcoin, but I should’ — legendary investor Druckenmiller
Billionaire investor Stanley Druckenmiller praised Bitcoin (BTC) for establishing a “brand” over last decade and half — admitting while he doesn’t own any Bitcoin, he ought to. The billionaire shared his latest thoughts on Bitcoin in an Oct. 30 interview with hedge ...
Wall Street Journal corrects article misciting Hamas’ crypto terrorism funding data
The Wall Street Journal (WSJ) has partially corrected an article which mischaracterized the extent to which Hamas and other militant groups have been funding its terrorism activities with cryptocurrencies.The Oct. 10 article — titled “Hamas Militants Behind Israel Attack Raised ...
Robinhood beats investors’ appeal in GameStop meme stock case
A United States federal appeals court has upheld a decision to dismiss an investor class-action lawsuit against online brokerage firm Robinhood Markets over its meme stock trading debacle in early 2021. A total of 16 investors took part in a class action lawsuit against the trading platfor ...
BlackRock’s misguided effort to create ‘Crypto for Dummies’
BlackRock, a multinational investment company, shocked many in the cryptocurrency industry in June when it filed an application for an exchange-traded fund (ETF), the iShares Bitcoin Trust. It’s seeking to overcome 10-year-long opposition from United States regulators to cryptocurrency ETFs ...
Don’t be naive — BlackRock’s ETF won’t be bullish for Bitcoin
There is no doubt that BlackRock’s spot Bitcoin exchange-traded fund (ETF) application — and the flood of contenders that followed — has buoyed the bulls. It could signal the winds of change in the regulatory sphere, they say. It could bring Bitcoin exposure to the masses, they ...
‘The Great Accumulation’ of Bitcoin has begun, says Gemini’s Winklevoss
Recently renewed optimism for an approved Bitcoin (BTC) spot exchange-traded fund (ETF) is igniting “The Great Accumulation Race” for Bitcoin, according to industry pundits.Over the past week, Fidelity, Invesco, Wisdom Tree and Valkyrie have followed investment giant Black ...
Major Financial Institutions Developing Cryptocurrency Trading Platforms: Report
The Financial Times reports that major traditional financial institutions, including Standard Chartered, Nomura and Charles Schwab, are developing their own cryptocurrency trading platforms. It certainly makes sense for Wall Street giants to launch their own cryptocurrency ...
Red Granite Pictures Launches Non-Fungible Tokens Collection Based on The Wolf of Wall Street
Red Granite Pictures has recently made an announcement regarding the launch of a unique collection of non-fungible tokens (NFTs) based on their hit movie, The Wolf of Wall Street, which was released in 2013. These NFTs are priced at $100 each and come with exclusive privileges for their owners, s ...
Investment company Jefferies explores alternatives to buy FTX
Media reports suggest that Jefferies, an investment company based on Wall Street, is considering purchasing FTX, a failing cryptocurrency exchange, and plans to return it to the forefront of the cryptocurrency industry. With over 40 potential buyers expected to participate in the auction for the ...