Archive | stocks

Price Poor Metric to Judge Bitcoin, Says CoinShares

Digital asset management company CoinShare’s chief strategist Meltem Demirors featured on CNBC’s Fast Money on Monday, where she discussed the problematic nature of judging Bitcoin on price alone. Demirors offered that actual utilization may be a better alternative metric for institutional and retail investors to consider, which she put down as the real struggle right now. Although […]

Zero Correlation Between Stock Market and Bitcoin Price According to Financial Research Expert

The Director of Research at Pension Partners, Charlie Bilello, has found zero correlation between the S&P stock market index and the price of Bitcoin in data stretching back to 2010. This debunks a popular theory that Bitcoin and the stock market were correlated since they both reached record highs near the beginning of 2018. Since May […]

Robinhood’s $363 Million Expansion to Rival Coinbase

The free stock trading app, Robinhood, announced on Thursday that it has raised USD 363 million in a new investment round, reports Fortune. This makes the company the second most valuable private fintech startup in the US after online payments company Stripe, valuing it at USD 5.6 billion. Fortune reports that Robinhood has shown an ability […]