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Tag: Markets and Prices

Mad Money’s Jim Cramer Says Gold Let Him Down, Put 5% in Bitcoin

March 23, 2021 wp-bot Bitcoin News

Mad Money host Jim Cramer, a long-term gold proponent, says that gold has let him down. He has become more bullish on bitcoin, advising investors

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‘Wolf of Wallstreet’ Jordan Belfort Now Bullish on BTC, Says Crypto Asset Will Reach $100,000

March 22, 2021 wp-bot Bitcoin News

Jordan Belfort, the self-proclaimed “Wolf of Wallstreet” has moved away from his bearish views on bitcoin and now predicts the crypto asset might reach $100,000.

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Deutsche Bank: Bitcoin Now 3rd Largest Currency, Too Important to Ignore

March 22, 2021 wp-bot Bitcoin News

Deutsche Bank has published a report stating that bitcoin is too important to ignore, noting that it is now the third-largest currency in terms of

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Bytetree Founder Believes Grayscale Should Lower Its ‘Unrealistically High’ Fee: Warns of Possible ‘Systemic Risk’

March 21, 2021 wp-bot Bitcoin News

The founder of Bytetree Asset Management, Charlie Morris, has suggested the reduction of the GBTC management fee as one way Grayscale Investment can ease the

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Bank of America Says the Only Good Reason for Holding Bitcoin Is ‘Sheer Price Appreciation’

March 19, 2021 wp-bot Bitcoin News

Bank of America sees no good reason to own bitcoin other than “sheer price appreciation.” The firm’s strategists found that the cryptocurrency’s “inflation hedging benefits

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Chinese Public Company Meitu Buys More Bitcoin — Treasury Now Holds $90 Million in Cryptocurrencies

March 19, 2021 wp-bot Bitcoin News

One of China’s top internet app makers, Meitu Inc., has purchased more bitcoin for its treasury. The company now holds about $90 million in cryptocurrencies.

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