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1148 days ago

PayPal could continue upward trajectory with more bitcoin gains

Analysts expect PayPal’s  bid for more growth -- particularly through its ground-breaking move into cryptocurrency -- will be a key focus at the event on Thursday. Shares have soared 135% in the past year, propelled by a shift to digital commerce amid the pandemic. Its market value of about $331 billion exceeds most large banks, including Bank of America Corp., Citigroup Inc. and Wells Fargo & Co., and almost matches Mastercard Inc.’s of $332 billion. The stock touched an all-time high on Feb. 9 as Bitcoin blew past another record. Shares also rose after better-than-expected earnings last week. - Bloomberg

#Technology

1149 days ago

Chart of the day: Meet the only ETF in the US that owns Bitcoin. ARK Next Generation Internet ETF (ARKW) has a 3.7% weighting in the Grayscale Bitcoin Trust (and a 9.25% weighting in Tesla).

Source: Bloomberg 

ARK Invest Next Generation Internet ETF

1150 days ago

Perspective: Bitcoin has overtaken Tesla in terms of market value

The cryptocurrency just surpassed Tesla, with a 0.832 trillion market cap, vs 0.829 for the EV company. 

Perspective: Bitcoin has overtaken Tesla in terms of market value

1150 days ago

Global market stock rally going smoothly

Global market stock rally went well as investors expect stimulus prospects as well as an impact from a rising inflation expectation with stocks at record highs. In the meantime, Futures remain flat, and bonds remain steady. Gold rises to $1,842 and Bitcoin reaches a new all-time high of $48,000. 

#Stocks #Bonds #Commodities
Global market stock rally going smoothly

1150 days ago

ETH above $1,800 for the first time in history

The second largest cryptocurrency soared to a new all-time high, right above the $1,800 level and trading at $1,812 at the time of writing. 

ETH above $1,800 for the first time in history
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