
JPMorgan: Entrance of Tesla into Crypto Space Will Not Lead to Influx of Institutional Investors
JPMorgan’s strategists were quick to identify the fact that Tesla’s entrance into the crypto space was a major positive factor for the industry.
JPMorgan’s strategists were quick to identify the fact that Tesla’s entrance into the crypto space was a major positive factor for the industry.
The proposal from the Monero community stated that the XMR payment option would be appealing to Tesla fans and investors as they would benefit from the coin’s unique privacy features
The new crypto ETF dubbed Hashdex Nasdaq Crypto Index ETF shall be available to the accredited non-US users. Being completely regulated, the product offers institutional investors a simple solution to get access to cryptocurrencies
Called “Bitcoin for Everybody”, the course promises to teach “Bitcoin economics, investment, philosophy, and history, as well as its technical and practical components,” in 12 hours.
In its revised proposition submitted to the SEC, Bumble is planning to sell nearly 45 million equity shares for $37-$39 per share. The dating app is used in 150 countries worldwide with 42 million monthly active users.
J&J stock is set to significantly benefit if the United States FDA approves the company’s coronavirus vaccine for emergency use.
After raising funds in its Series E round, Reddit’s value has now reached $6 billion. Back in February 2019, its value was only $3 billion.
The newly-appointed CEO said Riot is “extremely well-positioned” to make efficient use of the opportunities ahead of the company.
Tesla’s BTC purchase pushed Bitcoin 20% up in a single day thereby giving nearly $500 million returns in a very short time. Tesla’s entry has sparked speculations of big corporations joining the BTC bandwagon in the near future.
Apifiny did not disclose the financial details of the process of going public.
The push by Tesla has driven the market capitalization of Bitcoin to $851 billion with about a 63% dominance rate in the market.
On Monday, Ocugen stock was the most actively traded stock with a volume of 504.7 million shares.
By adding a crypto wallet and exchange capabilities, Apple could attract a huge customer base due to its up to standard security system.
Bitcoin surge is Tesla-fueled according to some analysts as the price of the digital coin started to rise just minutes after Tesla broke the news.
The coronavirus vaccination program in the United States of America and around the world is also a boost to the growth of the global stock market.