BY SAMUEL HAIG (Cointelegraph) With the Bitcoin halving set to transpire in just a few days, analysts are predicting significant disruptions to mining operations. With Bitcoin (BTC) block rewards expected to halve during the early hours of May 12, many analysts are starting to weigh in on what the event […]
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[Bloomberg] Becomes one of first big-name investors to embrace crypto. Private Company Macro investor Paul Tudor Jones is buying Bitcoin as a hedge against the inflation he sees coming from central bank money-printing, telling clients it reminds him of the role gold played in the 1970s. “The best profit-maximizing strategy […]
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Omkar Godbole (Coindesk) With bitcoin more than doubling in price since “Black Thursday” nearly two months ago, nearly 85% — or 25.79 million — of addresses holding the cryptocurrency are now “in the money,” according to blockchain intelligence firm IntoTheBlock. However, the current state of the bitcoin market is warning of a post-halving price […]
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[Bitcoinist] Bitcoin fell 4.30 percent as US oil futures slipped below zero for the first time. The cryptocurrency does not correlate with the black gold, albeit it remains under the influence of equities. Its crash Monday has not deterred bulls from the market – yet. Bitcoin was in for a […]
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[Cointelegraph] A cryptocurrency staking app which offers 1.5% daily returns might be a Ponzi scheme related to one that exit-scammed two years ago. A cryptocurrency staking wallet that offers users as much as 1.5% daily returns is bearing striking resemblance to a Ponzi scheme. That’s according to a Medium article published on […]
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[MarketWatch, Getty Images] To conserve cash, some employers are suspending contributions to their workers’ 401(k) accounts. And if this downturn plays out like previous recessions, more will follow. The handful of employers announcing suspensions in recent weeks include travel companies and retailers hit first and hardest by shrinking consumer demand, […]
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[MONEY, GETTY IMAGES] Is the check in the mail? For many people receiving paper stimulus checks, the answer is: no, not yet. While tens of millions of taxpayers have already received $1,200 coronavirus stimulus payments, as part of the $2 trillion CARES Act, most of this coronavirus relief money so far has […]
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[FORBES, GETTY IMAGES] Over 80 million taxpayers have already received stimulus checks, however, it could be months before all stimulus checks have been issued. In the meantime, millions of Americans are out of work and there is no definitive timeline for businesses to reopen and the economy to get back on […]
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[Coindesk] Renaissance Technologies is looking to potentially invest in CME’s cash-settled bitcoin futures for its Medallion fund, which has seen an average 66 percent annual return since 1988. (Credit: ggTravelDiary / Shutterstock) Renaissance Technologies’ market-crushing Medallion fund is considering jumping into bitcoin futures, recent regulatory filings show. The quantitative analysis-heavy […]
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[InvestorPlace] Here are the top stock trades we’re watching for Monday morning After a strong start to the day, most stocks faded on Friday. With that in mind, let’s look at a few stock trades for Monday. Top Stock Trades for Monday No. 1: Boeing (BA) Click to EnlargeSource: Chart […]
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