Last month, the People’s Bank of China gave its new digital yuan a trial run in Shenzhen, the border city adjacent to Hong Kong. It was a huge success.
More than 2 million people queued up for a...
“Frankly,” said Jim Druckenmiller on CNBC last Monday, “if the gold bet works, the Bitcoin bet will probably work better because it’s thinner, more illiquid and has a lot more beta to it.”
In...
By Juan M. Villaverde On November 13, 202002:57 PM Eastern
Bitcoin (BTC, Tech/Adoption Grade “A-”) continued climbing during the seven-day trading week ended Thursday, as it was able to cross and maintain itself above the $16,000 level. Unlike the last...
By Juan M. Villaverde On November 12, 202005:52 PM Eastern
Our ratings are updated weekly. For the latest list, click here.
Why a Post-COVID World Could
Be Wildly Bullish for Bitcoin
Pfizer’s announcement of a working COVID-19 vaccine...
As Bitcoin (BTC, Tech/Adoption Grade “A-”) marches above $15,000, we see a broad shift in market sentiment is starting to take place — especially among big-foot investors.
That’s a big change....
Equity market indexes exploded today on news that Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) have developed a vaccine that’s more than 90% effective against COVID-19 “among those...
By Juan M. Villaverde On November 6, 202004:15 PM Eastern
Bitcoin (BTC, Tech/Adoption Grade “A-”) reached new yearly highs after crossing $15,000 for the first time since January 2018.
It was a trading week marked by election-related volatility, though...
By Juan M. Villaverde On November 5, 202006:40 PM Eastern
Our ratings are updated weekly. For the latest list, click here.
Why Bitcoin Loves Trump
AND … Loves Biden, Too
The vote counters in America seem to be signaling that Democrats...
The American election is over, if not yet finally decided. But Bitcoin barely seemed to notice. It finished Election Day pretty much where it began — with within a few percent of $13,500.
That’s...
Last Monday, we wondered whether Bitcoin (BTC, Tech/Adoption Grade “A-”) had “decoupled” from traditional financial asset markets.
That was when the crypto market’s biggest player was rolling...
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