NYU finance professor David Yermack weighs in on the potential risks and benefits of investing in crypto and more specifically, Bitcoin.
Bitcoin’s (BTC) status as a store of value is now firmly established, with a market capitalization of $1 trillion+ for the past year and more than $110 billion held in exchange-traded funds (ETFs) alone.
Online brokerage Robinhood is expanding its offerings with the launch of futures trading, including Bitcoin and other assets. Expanding Beyond Stocks The company, known primarily for stock trading, introduced cryptocurrency trading in 2018 and has been steadily diversifying its offerings.
The crypto exchange aims to launch $25,000 SOL derivatives, betting on institutional appetite as the token's volatility soars.
Bitcoin and crypto traders are braced for the Federal Reserve's latest interest rate decision after U.S. president Donald Trump called for rates to come down
Interest in Bitcoin-backed lending is rising right as traditional finance giants see their regulatory barrier fading with the repeal of SAB 121.
On the campaign trail, Trump pitched a national bitcoin stockpile, but it remains to be seen if he will fulfill this pledge.
Mizuho upgraded Coinbase (COIN) to Neutral from Underperform with a price target of $290, up from $250. The firm’s analysis of bitcoin adoption
According to the Jan. 29 announcement, Robinhood is rolling out futures trading for several assets, including the “S&P 500, oil, Bitcoin, and more,” as indicated on its website. The platform mainly specializes in stock trading but added cryptocurrency trading in 2018.
The Bitwise fund's asset allocation reflects market capitalization proportions, comprising 83% Bitcoin and 17% Ethereum.
On the other hand, Coinbase is less affected by Bitcoin price fluctuations. As long as trading volumes remain high, whether through sell or buy transaction, it will continue make money from the trading fees. This article first appeared on GuruFocus.