Dec 18, · The market is increasing the valuation of stocks associated with bitcoin and cryptocurrency. One former SPAC is seeing new highs Thursday on this strength. Diginex went public with the SPAC 8i Author: Chris Katje. Dec 15, · This article isn’t going to be one that talks about bitcoin’s deflationary model, its store of value, and how it is an uncorrelated asset that acts as a hedge in case of a crash in the traditional market. The article also doesn’t talk about bitcoin’s superior returns as compared to the long-standing assets in the [ ]. Dec 16, · Stock Market Today: Nasdaq, Bitcoin Keep Rewriting the Record Books Bitcoin cleared the $20, mark and the Nasdaq etched new highs Wednesday amid Author: Kyle Woodley.
Bitcoin added to stock marketJim Cramer Says Take Gains, Raise Capital In Stock Market Friday - TheStreet
It does not include the move higher on Dec. Many investors believed that those all-time highs three years ago represented a bubble from which the bitcoin market would never recover. However, recent nervousness about the extreme measures that national governments around the world have had to take during the COVID pandemic stoked the thesis for using bitcoin as an alternative to sovereign fiat currencies for storing value.
In those three years, though, there's been a huge shift in thinking about cryptocurrencies. Most importantly for bitcoin bulls, many large institutions have added exposure to bitcoin and other crypto tokens:. Ordinary investors have also followed suit. The big question is what's motivating more institutional investors to take interest in bitcoin.
If cryptocurrency is finally winning over mainstream institutions as an asset class to take seriously, then there could indeed be more upside for bitcoin and other crypto token prices. Investing Best Accounts. Stock Market Basics. Stock Market. Industries to Invest In. Getting Started. Planning for Retirement. Retired: What Now? Personal Finance. Credit Cards. About Us. Who Is the Motley Fool? Fool Podcasts. Coronavirus and Your Money.
There's finally a deal for a second round of stimulus checks. Here's what you need to know about the second stimulus check you'll be getting soon if …. December 22, Not everyone is getting a second stimulus check. See if you're on the list of people who aren't eligible for a second-round payment. President Trump asks Congress to send him an amended bill with larger stimulus checks and without "wasteful and unnecessary" provisions.
December 23, Fed's bond backing, Powell's suggestion for more Congressional spending and hints at an infrastructure plan lifted stocks broadly Tuesday. A relatively light news day Thursday led to an uneventful, low-volume session ahead of three-day Christmas holiday weekend. December 24, Anatomy of a Stock Trade. Becoming an Investor. While trades are now commission-free to most consumers, a lot of money is still being made on penny-level differences in the process.