A strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors. “The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging,” he added. JPMorgan on Institutional Crypto Investing JPMorgan Asset Management’s head of institutional portfolio […]
Block.one Crypto Exchange’s Merger with a SPAC Terminated
The post Block.one Crypto Exchange’s Merger with a SPAC Terminated appeared on BitcoinEthereumNews.com. The crypto exchange of Block.one, Bullish, plan to go public got terminated. Its $9 billion merger with a SPAC got terminated just after four months when courts rejected its $27.5…
Vitalik Buterin slams Bankman-Fried and FTX
The post Vitalik Buterin slams Bankman-Fried and FTX appeared on BitcoinEthereumNews.com. On November 12, a Canadian programmer and co-founder of Ethereum, Vitalik Buterin scolded Sam Bankman-Fried, the chief executive officer of FTX when he was asked about the bankruptcy of FTX.…
Tesla, AMC, Energy Stocks, and More Stock Market Movers Friday
The post Tesla, AMC, Energy Stocks, and More Stock Market Movers Friday appeared on BitcoinEthereumNews.com. This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/tesla-amc-microsoft-stock-market-movers-51671727930 Updated Dec. 23, 2022 4:21 pm…
Adidas scrambling to sell $530 million in Yeezys after cutting ties with Ye, report says
The post Adidas scrambling to sell $530 million in Yeezys after cutting ties with Ye, report says appeared on BitcoinEthereumNews.com. Nearly two months after terminating its relationship with Kanye West, sportswear giant Adidas is trying to figure out how to sell $530 million worth of Yeezys, according to a report…
Is USDT’s throne up for grabs in the last week of 2022? This new data suggests…
The post Is USDT’s throne up for grabs in the last week of 2022? This new data suggests… appeared on BitcoinEthereumNews.com. The overall stablecoin transfer volume witnesses massive growth but USDT’s volume declines USDC manages to outperform USDT in terms of transaction volume and value, however, weighted sentiment for USDT improve…
Is USDT’s throne up for grabs in the last week of 2022? This new data suggests…
The overall stablecoin transfer volume witnesses massive growth but USDT’s volume declines USDC manages to outperform USDT in terms of transaction volume and value, however, weighted sentiment for USDT improve In a recent development, it was observed that despite the volatility faced by the market, the total trading volume of stablecoins set a new record […]
Oracle Reports Booming Growth, Signaling That its $28 Billion Purchase of Cerner Is Paying Off
The post Oracle Reports Booming Growth, Signaling That its $28 Billion Purchase of Cerner Is Paying Off appeared on BitcoinEthereumNews.com. In its quarterly earnings release earlier this month, Oracle Corporation reported its 2023 Q2 results, indicating that “revenues were up 18% year-over-year in USD and up 25% in constant currency…
Mark Cuban weighs in on gold and bitcoin, says both ‘a store of value’
The post Mark Cuban weighs in on gold and bitcoin, says both ‘a store of value’ appeared on BitcoinEthereumNews.com. Billionaire Mark Cuban offered his thoughts on gold and bitcoin in a podcast episode. Cuban made the comments during a wide-ranging appearance on an upcoming episode of comedian Bill Maher’s…
Jim Cramer Urges SEC to Do a Big Crypto Sweep — Says ‘I Wouldn’t Touch Crypto in a Million Years’
The host of Mad Money, Jim Cramer, says he would not touch crypto in a million years. He called investors who own various altcoins idiots and urged the U.S. Securities and Exchange Commission (SEC) to do “a big sweep” on the crypto industry. Jim Cramer’s Crypto Warnings The host of CNBC’s Mad Money show, Jim […]