$108,605.00
-0.92%$2,773.22
-0.33%$2.25
-1.44%$668.79
-0.06%$160.20
-2.60%$0.99978
0.00%$0.191953
-1.92%$0.276635
-4.45%$0.696146
-2.41%$2,770.00
-0.31%$108,452.00
-0.79%$41.59
1.32%$3,347.01
-0.38%$3.35
-2.60%$14.77
-2.78%$21.44
-3.21%$0.277011
-0.77%$427.76
-2.59%$8.79
-1.01%$3.21
-3.31%$0.00001292
-1.72%$0.172737
-3.81%$2,965.25
-0.40%$0.999613
-0.01%$2,772.86
-0.43%$91.24
-0.45%$4.17
-2.11%$329.40
-3.27%$1.001
0.12%$1.001
0.01%$4.74
-1.47%$0.00001239
-2.97%$8.17
-1.54%$108,487.00
-0.99%$0.632203
-1.30%$32.03
2.45%$300.15
-1.97%$399.01
-5.44%$1.18
-0.02%$53.94
1.20%$6.03
-1.45%$5.03
-0.73%$2.54
-2.86%$0.098174
-2.66%$1.00
0.00%$18.01
-1.59%$193.16
-2.85%$0.859304
-2.69%$1.055
0.05%$31.08
0.73%$0.086457
-3.02%$0.663877
-2.37%$18.21
-1.57%$1.00
0.12%$0.02489284
-3.58%$10.62
-2.09%$0.347084
-3.31%$0.228427
1.97%$4.48
-1.60%$0.765962
-5.60%$3.83
-6.23%$0.398053
-1.76%$108,266.00
-0.57%$4.44
-0.07%$0.084809
-3.47%$2.67
-1.12%$1.11
-3.89%$0.196347
-4.52%$116.18
-5.48%$2,777.12
-0.15%$4.55
-1.07%$0.997956
-0.03%$1.63
6.10%$0.999577
-0.00%$0.999906
-0.01%$11.41
-0.22%$2.09
-3.28%$168.89
-2.71%$0.461919
-5.41%$2.07
0.14%$1.34
0.96%$3,152.82
-0.36%$0.00001658
-5.17%$0.01892969
2.29%$13.10
-3.74%$2,899.72
-0.49%$1.25
-0.15%$0.696452
-1.35%$0.375694
-5.77%$4.00
-2.79%$0.066291
-2.25%$0.1979
-3.22%$0.680673
-3.23%$2,958.85
-0.59%$1.00
0.01%$0.172396
15.75%$1.001
0.16%$2,902.57
-0.51%$108,485.00
-0.91%$0.999785
0.01%$0.619322
4.61%$0.946585
-6.11%$0.512034
-3.59%$2,912.78
-0.39%$0.095818
-5.12%$0.66308
-6.55%$669.47
0.09%$108,387.00
-1.01%$0.968187
-0.98%$0.00008979
-4.18%$108,544.00
-0.63%$3,371.66
1.09%$2.56
-0.19%$3,389.13
1.22%$178.26
-2.76%$49.63
-1.77%$0.783418
-4.15%$207.71
-2.75%$0.01688776
-3.71%$22.60
-7.99%$1.11
-0.00%$0.186689
-3.93%$2.10
-1.62%$0.122047
-4.51%$0.285981
-3.88%$0.01439937
-6.00%$0.01110414
-6.52%$0.515459
-2.75%$111.39
0.01%$0.0000007
-2.72%$0.99968
0.00%$2.29
-7.05%$32.85
-3.83%$3.95
-11.26%$0.608822
-1.33%$0.629393
-4.83%$0.99758
0.00%$2.00
-0.62%$2,771.43
-0.30%$108,312.00
-0.78%$41.56
0.91%$0.378412
-4.05%$0.22694
-1.39%$1.68
-3.00%$2,771.04
-0.25%$1.093
-0.05%$2,889.42
-1.80%$2,959.98
-0.29%$0.999412
-0.04%$0.714075
-2.98%$2,991.36
-0.46%$0.287093
-4.00%$59.60
0.90%$0.053423
-6.89%$108,485.00
-0.96%$1.31
1.95%$0.490871
1.91%$2.85
-4.26%$9.11
-3.40%$0.518517
11.60%$2,770.84
-0.50%$108,108.00
-0.97%$1.75
-13.46%$0.990484
-0.53%$0.19164
-2.03%$0.01440844
-5.69%$0.04817469
-1.46%$1.54
-5.92%$0.399329
-5.57%$0.549096
-7.19%$0.13644
-6.08%$41.54
0.88%$0.417904
-5.79%$0.615867
3.59%$6.85
-5.34%$0.57
-5.12%$0.469102
-3.75%$1.56
-1.30%$0.061806
1.14%$0.00002212
-2.33%$2,769.76
-0.17%$6.21
-2.69%$106,416.00
1.05%$0.999707
-0.00%$15.17
-4.82%$1.00
0.04%$0.00458788
1.50%$0.00000108
-2.56%$2,941.57
-0.48%$1.26
-6.45%$37.78
0.37%$0.00414888
-11.44%$0.081498
-3.95%$0.165659
-1.90%$0.999676
-0.02%$2.55
-6.57%$0.00000042
-2.94%$1.09
0.02%$0.00699762
-4.84%$0.995984
-0.21%$0.151457
-10.97%$1.62
-6.29%$3,053.45
-0.32%$1.001
0.01%$0.03889053
-3.34%$0.00459878
19.22%$0.563033
-2.63%$0.374512
-6.17%$3,024.37
-0.27%$0.01896319
-4.20%$1.35
-3.78%$2,773.03
-0.35%$0.355981
0.05%$108,614.00
-0.84%$109,296.00
1.34%$0.074416
-4.44%$0.00654847
-3.30%$0.228617
2.09%$173.72
-2.91%$0.0339406
-2.19%$0.802584
-3.87%$0.0039696
-2.10%$126.12
-2.04%$2,789.29
0.42%$0.00006066
-2.06%$21.45
-3.07%$19.97
1.45%$0.02138321
7.91%$0.999948
0.03%$0.999146
-0.08%$1.00
0.21%$7.54
-8.07%$0.689184
-5.63%$0.6839
-1.33%$0.217807
-2.80%$0.00421634
-5.78%$0.00000141
-0.45%$107,966.00
-1.00%$0.00321229
-5.40%$25.96
-2.99%$0.477661
-3.56%$1.003
-0.43%$0.289607
-5.05%$2.31
-7.29%$0.132315
0.18%$16.62
-3.68%$2,180.90
-0.89%$1.018
-0.07%Reading
GameStop stock rose dramatically yesterday after being championed by a group of Redditors, fuelled in part by a growing resentment towards Wall Street.
After closing 2020 at about $18, GameStop’s stocks closed yesterday at a price of $147.98. This surge led the stocks to rise a further 50% overnight. And Redditors took great pleasure in undercutting the Wall Street hedge funds that shorted on GameStop stock, stating they “want to see the loss porn.”
/r/WallStreetBets about to blowup another hedge fund, this one valued at $13.1 BILLION before the Reddit trolls decided to all buy GameStop lol pic.twitter.com/aONX0SwEwb
— William LeGate (@williamlegate) January 26, 2021
But, according to Skybridge Capital CEO Anthony Scaramucci, this kind of thing bodes well for Bitcoin.
“The activity in GameStop is more proof of concept that Bitcoin is going to work,” Scaramucci told Bloomberg, adding, “How are you going to beat that decentralized crowd? That to me is more affirmation about decentralized finance.”
This may be the year in which the crowd realizes it can beat Wall Street at its own game.
— Jameson Lopp (@lopp) January 27, 2021
Bitcoin’s price recently broke an all-time high of nearly $42,000 earlier this month, but has since fallen by five figures to approximately $31,000. Yet that price drop has not dissuaded the most senior minds behind Skybridge Capital.
Skybridge Capital entered the Bitcoin industry when it launched the Skybridge Bitcoin Fund earlier this month.
In conversation with Decrypt, Skybridge COO Brett Messing said the fund grew to approximately $370 million in just its first few weeks of existence.
“We’re very passionate about it, we feel like we’re doing people a favour by introducing them to Bitcoin, and in success we make money,” Messing said.
Messing is also extremely bullish on Bitcoin’s future. He told Decrypt he believes institutional investment into the cryptocurrency could push its price up to $500,000.
Payments processor and XRP issuer Ripple was hit by a class-action lawsuit in Florida on Monday, months after US regulators stooped down on the firm’s business activities. It was filed by a person claiming to have made a relatively small $100 investment in XRP last year—losing 50% of it in the weeks afterward. Investor Tyler Toomey said he purchased 135 XRP in November last year as prices were shooting upward. He then sold his holdings in December and took on a $48.50 loss on his initial capita...
He added, “It’s the age of the micro investor and you better take it seriously, otherwise you’ll get taken to the cleaners.”
Tell that to the liquidated GameStop short sellers.
Top college football prospect Matai Tagoa’i is set to join football stars like Russell Okung, Odell Beckham Jr., and Trevor Lawrence by receiving his compensation in Bitcoin. The linebacker will be paid part of his earnings via the Strike app after signing a “name, image, and likeness” (NIL) deal with the University of Southern California (USC). The exact details of his package are not known, but some college football players, such as Shedeur Sanders, have received estimated payouts of up to $4....
The world’s largest asset manager BlackRock just debuted a new advertisement proselytizing the virtues of Bitcoin, but rather than cheer on the Bitcoin ETF issuer for its efforts, Bitcoiners aren’t happy. The video, which is housed on the iShares Bitcoin Trust (IBIT) ETF page on BlackRock’s website, spends three minutes walking viewers through the evolution of money and key fundamentals of Bitcoin. One of those fundamentals is Bitcoin’s 21 million fixed token supply. While the video explains t...
El Salvador may have reached a deal with the International Monetary Fund that will see the tiny country scale back its Bitcoin law—but it’s still going to “HODL.” And it might even step up its BTC buys. That’s according to Stacy Herbert, the head of El Salvador’s National Bitcoin Office, who wrote on X (formerly known as Twitter) Thursday that the country may even continue buying the cryptocurrency at an “accelerated pace” going forward. El Salvador in 2021 made Bitcoin legal tender along with...
