Crypto Roundup, March 8, 2021 – Bitcoin reclaims $50k after turbulent week

Market makes comeback amidst accelerating institutional adoption Since falling alongside the stock market early last week, Bitcoin has bounced beyond $50K, bringing most of the crypto market back into the green. The comeback was accompanied by a string of bullish headlines. Goldman Sachs has restarted its crypto trading desk and is considering launching a Bitcoin ETF, Charles Schwab isContinue reading “Crypto Roundup, March 8, 2021 – Bitcoin reclaims $50k after turbulent week”

Crypto Roundup, February 15, 2021: Bitcoin approaches $50K after historic week

Litecoin breaks $200 and Ethereum nears $2K as corporate America embraces Bitcoin The Bitcoin rocket has blasted to new highs above $49K after Tesla’a $1.5bn treasury allocation triggered a buying frenzy last Monday. As the week continued, more bullish news hit the headlines. Twitter said it was considering adding Bitcoin to its balance sheet, and BNY Mellon and Deutsche Bank revealedContinue reading “Crypto Roundup, February 15, 2021: Bitcoin approaches $50K after historic week”

Weekly Stock Market Update: Deliveroo Value Rises to More Than $7 Billion Ahead of Future IPO

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past seven days welcomed positive results for BioNano Genomics Inc. (BNGO), Tilray Inc. (TLRY), Globalstar (GSAT), Gevo Inc. (GEVO) and Tellurian Inc. (TELL) on the Nasdaq Stock Market. BioNano Genomics Inc. (BNGO) stocks had another strong week, up +79.36% following the company’s Next-Generation Cytogenomics Symposium.Continue reading “Weekly Stock Market Update: Deliveroo Value Rises to More Than $7 Billion Ahead of Future IPO”

Altcoins spring higher as Bitcoin lingers below $40K

Ethereum and competitors outperform the leading crypto with double-digit gains As Bitcoin takes a breather and prices linger around $35K, the cryptocurrency market is staying in the global spotlight. Last week, Twitter CEO Jack Dorsey championed Bitcoin in a tweet explaining Trump’s Twitter ban, shortly before institutional investment fund Grayscale reported a record day of fundraising, andContinue reading “Altcoins spring higher as Bitcoin lingers below $40K”

Lawmakers reach $900bn stimulus deal as UK hit by new coronavirus strain

On Sunday evening, lawmakers reached a deal on a near $900bn stimulus package to help sustain the US economy as the pandemic continues to ravage the country. Recent economic data has highlighted an urgent need for stimulus, with weak retail sales figures and increasing jobless claim figures, demonstrating the fragility of the US economic recovery.Continue reading “Lawmakers reach $900bn stimulus deal as UK hit by new coronavirus strain”

Markets in the red on Brexit and stimulus doubts

European markets have opened in the red as investors dial down their risk as Brexit negotiations near a critical point ahead of Sunday’s deadline. In addition to this, an agreement on a US fiscal stimulus package still looks some way off. Despite some vaccine optimism, US index futures are trading down 0.5%. In the USContinue reading “Markets in the red on Brexit and stimulus doubts”

Second effective vaccine fuels rally, Tesla joins S&P

Dominating headlines yesterday was the news that Moderna’s Covid-19 vaccine has proven 94.5% effective in a late-stage trial, a week after Pfizer reported similar results in its own trial. More data is expected from the study later this month, and Moderna said that it plans to ask health authorities to clear the vaccine by earlyContinue reading “Second effective vaccine fuels rally, Tesla joins S&P”

“I retired at age 42” — Meet Popular Investor @lojikfool

Many people dream of early retirement, but few actually manage to achieve it. eToro Popular Investor Mick Mullins was able to do so by achieving a steady average of 20% annual returns on his stock portfolio. We asked him about his investment strategies and personal life.  67% of retail investor accounts lose money when tradingContinue reading ““I retired at age 42” — Meet Popular Investor @lojikfool”

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