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Category: Cryptocurrencies

Cryptocurrencies

JPMorgan Strategist Skeptical of Bitcoin

‘Bitcoin’s volatility continues to be ridiculously high, and its volatility often rises along with stock market volatility,’ a JPMorgan Michael Cembalest says. Michael Cembalest, chairman of investment strategy for JPMorgan, is skeptical about bitcoin and Read more…

By , 4 years ago February 7, 2022
Cryptocurrencies

Tesla and Musk Receive Bad News From the SEC

The SEC issued a subpoena to the EV maker, seeking information related to the settlement reached on the 2018 Tweetgate affair. Tesla  (TSLA) – Get Tesla Inc Report is not done with the regulators regarding its whimsical Read more…

By , 4 years ago February 7, 2022
Cryptocurrencies

Why Were Two Luxury Cruise Ships Seized Last Week in the Bahamas?

The ships are operated by Crystal Cruises, a Miami-based company that is owned by Genting Hong Kong. The luxury cruise ships the Crystal Symphony and Crystal Serenity were arrested on Friday in Freeport in the Read more…

By , 4 years ago February 7, 2022
Cryptocurrencies

NFT Money Laundering Activity Jumped ‘Significantly’, Report Says

NFTs popularity soared last year, but money laundering activity also climbed as well. Money laundering involving non-fungible tokens, or NFTs, “jumped significantly” in the last half of 2021, according to a recent study Chainalysis, a Read more…

By , 4 years ago February 7, 2022
Cryptocurrencies

Tesla and Musk in the SEC’s Crosshairs (Again)

The SEC issued a subpoena to the EV maker, seeking information related to the settlement reached on the 2018 Tweetgate affair. Tesla  (TSLA) – Get Tesla Inc Report is not done with the regulators regarding its whimsical Read more…

By , 4 years ago February 7, 2022
Cryptocurrencies

Meta Platforms is One Tree in the Metaverse Forest

Real Money’s Kevin Curran says investors need a long-term view to play the emerging sector. To TheStreet’s Kevin Curran, the metaverse is a forest while Meta Platforms FB (formerly Facebook) is a tree. That’s okay, Read more…

By , 4 years ago February 7, 2022
Cryptocurrencies

Tesla Stock: Elon Musk May Have a Price Problem (And No $25,000 Car)

The company’s cars have always been expensive, but some new headwinds might push prices higher. Tesla (TSLA) – Get Tesla Inc Report CEO Elon Musk may want to save the world by making electric vehicles Read more…

By , 4 years ago February 7, 2022
Cryptocurrencies

Bumble Swipes Right on Its First-Ever Acquisition

With this acquisition Bumble plans to expand its product offerings among younger people in France, Belgium, Netherlands, Switzerland, Spain, and Canada Dating app Bumble  (BMBL) – Get Bumble, Inc. Class A Report on Monday said it Read more…

By , 4 years ago February 7, 2022
Cryptocurrencies

Mega Caps Awash with Cash for Potential Takeovers

Apple, Alphabet, Microsoft, Amazon and Meta Platforms have a hefty $648 billion in cash and marketable securities combined. Talk that Amazon  (AMZN) – Get Amazon.com, Inc. Report is interested in buying Peloton  (PTON) – Get Peloton Read more…

By , 4 years ago February 7, 2022
Cryptocurrencies

Cryptocurrency Price Check: Prices Are Rising Again, Led by Bitcoin

Cryptocurrency prices are advancing in sharp contrast to last month’s nosedive. Cryptocurrency prices were rising Monday as investors appear to have regained their confidence following last month’s nosedive. Bitcoin, the world’s most popular and largest Read more…

By , 4 years ago February 7, 2022

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