Shares of Peck Company Holdings, Inc. (PECK), a solar engineering, procurement and construction company, are surging more than 95 percent or $5.86 in Tuesday’s morning trade at $12.01. Tuesday, Peck and iSun Energy LLC, a provider of solar power, electric mobility and smart city solutions, said they have entered into a binding term sheet under which Peck will acquire iSun […]
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Singapore investment firm Three Arrows Capital is probably one of the institutional whales responsible for the massive surge in the price of Bitcoin (BTC) since late 2020 judging by the company’s ownership of Grayscale Bitcoin Trust (GBTC) shares. Bitcoin’s appeal among institutional investors continues to grow with many companies adopting the largest crypto by market capitalization as a suitable treasury […]
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Since the Bitcoin blockchain was launched back in 2009, nearly $10 trillion in value has changed hands through it, with over $7.5 trillion changing hands since 2018 after the cryptocurrency’s price and popularity surged. According to a tweet from ARK Investment’s Yassine Elmandjra, sharing data from on-chain analytics firm Glassnode, the value being settled on the bitcoin blockchain started surging […]
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On Monday (December 4), a team of J.P. Morgan global market strategists led by Nikolaos Panigirtzoglou reportedly wrote in a note to clients that over the long term Bitcoin’s price could get to $146,000 and higher. Dr. Panigirtzoglou is a Managing Director at J.P. Morgan who works on Global Market Strategy. He edits the weekly publication “Flows & Liquidity”, which is one of […]
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Real Vision chief executive officer (CEO) and co-founder Raoul Pal has given his predictions for cryptoassets in 2021, including the impact of decentralized finance (DeFi). Speaking in an interview with Nathanial Whittemore, Pal, a former Goldman Sachs exec, said DeFi would play into the current market rally for cryptocurrencies. Pal explained that ICOs, while troublesome, laid the groundwork for the […]
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It’s just been a few days and already 2021 is off to a great start for bitcoin and the land of cryptocurrency. The world’s number one digital asset by market cap has shot beyond the $30,000 mark. In fact, it is currently trading in the high $32,000 range, which is a small dip from its new all-time high of roughly […]
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A Singapore based hedge fund has bought some $1.3 billion worth of stock traded bitcoin according to a filing with the Securities and Exchanges Commission (SEC). The crypto focused Three Arrows Capital bought 38,888,888 shares issued by Grayscale Bitcoin Trust. Each GBTC share currently goes for $34.10 and are redeemable for actual bitcoin at the rate of 0.001 BTC. Making […]
Read moreShares of electric vehicle maker NIO Limited (NIO) are rising more than 10% Monday morning after the company reported record monthly and quarterly vehicle deliveries. NIO said it delivered 7,007 vehicles in December, up 121.0% year-over-year. The deliveries consisted of 2,009 ES8s, the company’s 6-seater and 7-seater flagship premium smart electric SUV, 2,493 ES6s, the company’s 5-seater high-performance premium smart […]
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At spot Bitcoin rates of above $34.5k, Satoshi Nakamoto, the mysterious founder, and master HODLER is now the 23rd richest ahead of Beate Heister and Karl Abrecht Jr., and on-course of surpassing Jeff Bezos’ former wife, Mackenzie Scott–worth $36 billion, according to Forbes. Satoshi is worth $34.16 Billion With an estimated unrealized worth of $34.16 billion as of Jan 3, […]
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