The rally that AMC Entertainment is experiencing is very reminiscent of the one experienced just a few months ago. It has already accumulated four days of growth in its value in the markets and has risen 116%. On Monday, the price of its shares stood
“Most of the trading is speculative and the volatility is extraordinarily high.” With these words, the governor of the Bank of Japan, Haruhiko Kuroda, has expressed himself after being asked about cryptocurrencies and their role in the markets in an interview with Bloomberg. In this
Although Bitcoin (BTC) has corrected about 50% against its historic high of almost $65,000, most investors continue to profit. According to a recent report by Glassnode, even with the drop to the $30,000 zone, about 76% of bitcoin holders are profiting. According to Glassnode, veteran
Barry Silbert, the CEO of Digital Currency Group, a multinational company that owns Grayscale – the world’s largest bitcoin manager – is betting $1 million on Dogecoin’s downfall. “Okay $DOGE peeps, it’s been fun. Welcome to crypto! But the time has come for you to
Tesla founder and CEO Elon Musk recently announced that the company would no longer accept payments in Bitcoin, indicating that it has no intention of contributing to the consumption of fossil fuels. Still, Musk does not seem to want to withdraw support for another cryptocurrency.
On Tuesday, China banned financial institutions and payment companies from providing services related to bitcoin and other cryptocurrencies transactions. Comparing with the previous ban issued in 2017, the new rules expanded the scope of prohibited services, and determined that “virtual currencies are not supported by
The New York Stock Exchange (NYSE) returned to the positive field on Thursday (May 13), with investors digesting the recovery of the labor market, while looking for price hikes that could strangle the recovery. In the end, the Dow Jones rose 1.29% to 34,021. The
Coinbase, the largest cryptocurrency broker in the U.S., announced on Thursday (13) that it will start trading Dogecoin (DOGE). That was enough for the cryptocurrency to skyrocket 30% in a few minutes, from $0.38 to $0.50. Coinbase’s listing of the token – scheduled for the
After promoting Bitcoin in the past few months, Elon Musk stepped back and caused prices to crash. While the billionaire causes the price to drop, MicroStrategy takes the opportunity to buy 271 BTC. On Wednesday (12), the executive announced that Tesla will no longer sell
The popularity of Bitcoin and other cryptocurrencies in general seems to be intensifying in the United States. According to a survey conducted by the Digital New York (NYDIG) group, about 46 million Americans invest in Bitcoin. This figure represents 17% of the country’s adult population.