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GameStop shares soar 9% after CEO Ryan Cohen posts photo with Michael Saylor amid Bitcoin speculation
GameStop shares surged over 9% after the company’s CEO posted a photo of him alongside MicroStrategy co-founder Michael Saylor.
GameStop shares surged over 9% after the company’s CEO posted a photo of him alongside MicroStrategy co-founder Michael Saylor.
Still up 25% since Election Day, bitcoin is a part of a major slump across asset classes in recent weeks.
Bitcoin’s breathtaking 2024 performance and its rise above $100,000, has captured the world’s attention. Here’s why one card-carrying value investor is bullish on the volatile digital asset.
New research from the world’s largest asset manager argues that Bitcoin offers unique benefits as a portfolio diversifier while sharing a similar risk profile to S&P 500 juggernauts like Google, Amazon, Meta and Apple.
Most in traditional finance have long considered cryptocurrency a joke. Now legions of young meme coin traders are leaning into the absurdity, translating their financial nihilism into a booming—if perilous—$100 billion market.
The record comes about a week after the cryptocurrency hit a seven-month high as it surged in the lead up to Election Day
Blockstream CEO Adam Back was the first person that Satoshi reached out to regarding Bitcoin. Fresh off of a $210 million fundraise, Back plans to bring everything from stablecoins to stocks to the $1.4 trillion blockchain.
Bitcoin prices and Trump’s election betting market odds have been tightly correlated in recent months.
Coinbase’s Brian Armstrong created one of crypto’s central players, a fee-gushing monster that holds more than a tenth of all the Bitcoin ever minted. But now, in the cause of “decentralization,” he’s pursuing a new path.
The bitcoin price has more than doubled over the last year, pushed higher by the world’s largest asset manager BlackRock’s embrace of crypto.