Billionaires Are Selling Nvidia and Buying a Bitcoin ETF That Cathie Wood Thinks Could Soar Up to 3,700%
Some big institutional investors are pivoting from the AI chipmaker toward the world's top cryptocurrency.
Some big institutional investors are pivoting from the AI chipmaker toward the world's top cryptocurrency.
Federal Reserve officials have worked hard to set interest rates at levels that minimize inflation and maximize employment over the past couple of years. And they’ve been remarkably successful, a historically rare feat to pull off.
(Bloomberg) -- A record start to the year for emerging-market bond sales is at risk of fizzling as high Treasury rates hamper weaker credits from tapping international capital.Most Read from BloombergNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fires Mean for the City’s Housing ShortageScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunDeadly Landslide of Garbage Displays Uganda's Missed Oppo
(Bloomberg) -- Donald Trump’s victory in the November US presidential election sparked an immediate rally in markets, with stocks flying, the dollar soaring and Bitcoin leaping off the charts. But just two months later, the Republican is set to return to the White House, and only some of those trades endure. Most Read from BloombergNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fires Mean for the City’s
WASHINGTON (Reuters) -Cryptocurrency executives swilled cocktails and danced to rap superstar Snoop Dogg on Friday night as they celebrated the approaching inauguration of President-elect Donald Trump, whose administration has promised major changes in crypto policy. After years of butting heads with Washington policymakers, executives from crypto companies including Crypto.com, Kraken, and Exodus partied at the first-ever crypto inauguration ball held at the 90-year-old Andrew W. Mellon Auditorium beneath towering 62-foot (19-metre) columns. Clad in black tie and ball gowns, guests noshed on miniature lobster rolls and Trump's favored McDonald's burgers and fries, according to social media posts and two attendees who spoke to Reuters.
It's reasonable for people to pay attention when a major global player, like a government, decides to exit its holdings of a cryptocurrency. Such players often command vast sums of assets, and it's obvious that selling off those assets all at once will have a detrimental impact on the market value of the associated coins.
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Investing in Dogecoin (CRYPTO: DOGE), the leader of the meme coins, and Shiba Inu (CRYPTO: SHIB), the runner-up, is risky under the best conditions. Let's learn about three key concepts that'll you'll need to understand if you want to succeed with these investments. One way to think about the answer to that question is that memes are themes or narratives that increasingly capture people's attention, widening like ripples in a pond.
Bitcoin (CRYPTO: BTC) has the potential to be a very powerful wealth-building investment. The most important foundational strategy when it comes to investing in Bitcoin is to be consistent with your purchasing habits. Dollar-cost averaging (DCA) an investment of $1,000 by breaking it up into 10 separate purchases of $100 each, spaced out over weeks or months is likely to have better results than investing a lump sum made at a time that you calculate to be the most favorable.
President-elect Trump has launched his own crypto token called Trump coin. In less than 24 hours, the coin has had a 12,000% gain and has seen billions in trading volume.