US stock market kickstarted November with record gains. Tesla continued to rally to new all-time highs surging past $1200 levels on Monday.
Tesla stock has gained approximately 201%, 71%, 70%, and 54% in the past year, YTD, three months, and one month respectively.
Before the Chinese crypto crackdown happened back in September, Theil cautioned the US government that it could become a “Chinese financial weapon.”
Unlike Apple and Amazon, Microsoft reported its 11th straight profitable quarterly results exceeding analysts’ estimates.
Ethereum reached an all-time high of $4,400 on Friday to cap off a 147% 3-month surge since July 21st.
Facebook said it is “Introducing Meta: A Social Technology Company” to bring all of the company’s apps and technologies under this new brand.
The Ethereum 2.0 Beacon chain successfully conducted the Altair upgrade with uninterrupted finality. Ethereum founder Vitalik Buterin praised the Layer 2 scalable solutions on the Ethereum platform.
Apart from good performance evident in the shares, Alphabet and Microsoft also managed to surpass growth predictions.
The leveraged Bitcoin ETF will deliver 1.25x returns to the BTC reference rate and will trade on Nasdaq allowing investors to hold derivatives such as futures, swaps, options and forwards.
The Bitcoin price dip took almost half of the crypto market along the ride as several of the top ten cryptocurrencies also recorded daily losses of over 15%.
On Monday, TSLA stock soared 12% following a huge order from car rental company Hertz Holdings. Analysts have further increased the price targets for Tesla stock.
With the 2.8 billion Mastercard users globally, the announcement could skyrocket the adoption of Bitcoin and altcoins.
Global oil prices recorded gains and might increase more as conditions such as COVID recovery and demand favor price growth.
Valkyrie has announced the launch of its Bitcoin Strategy ETF (BTF), becoming the second of its type in the US. The Bitcoin futures ETF began trading on the 22nd of October after receiving approval from the US Securities and Exchange Commission (SEC). The new ETF is focused on tracking the value of Chicago Mercantile Exchange (CME) Bitcoin […]
Bitcoin firm NYDIG will facilitate the purchase of crypto for the Houston Firefighters Pension Fund by using its audited, regulated, and insured custody system.