Category Archives: Coins

$2.21 Trillion Investment Manager Pimco Starts Exploring Crypto

$2.21 Trillion Investment Manager Pimco Starts Exploring Crypto

Global investment management firm Pimco plans to start cryptocurrency trading, according to a report by CNBC. During CNBC’s Delivering Alpha conference, Daniel Ivascyn, Pimco’s chief investment officer, said that the $2.21 trillion investment management firm was looking to gradually integrate crypto its business:  Now we’re looking at potentially trading certain cryptocurrencies as part of our trend-following strategies or quant-oriented strategies, then doing more […]

Tesla Reports $51 Million in Bitcoin-Related Impairments in Q3

Tesla Reports $51 Million in Bitcoin-Related Impairments in Q3

According to Tesla’s Q3 earnings presentation, it managed to achieve its best-ever net income of $2.093 billion.  Yet, the e-car manufacturer registered Bitcoin-related impairments of $51 million during the third quarter. Tesla neither sold nor bought more coins in Q3.  The company initially announced its mammoth $1.5 billion Bitcoin buy in February and later started accepting BTC […]

Tesla Reports $51 Million in Bitcoin-Related Impairments in Q3

Tesla Reports $51 Million in Bitcoin-Related Impairments in Q3

According to Tesla’s Q3 earnings presentation, it managed to achieve its best-ever net income of $2.093 billion.  Yet, the e-car manufacturer registered Bitcoin-related impairments of $51 million during the third quarter. Tesla neither sold nor bought more coins in Q3.  The company initially announced its mammoth $1.5 billion Bitcoin buy in February and later started accepting BTC […]

Elon Musk Sees Bitcoin Price Reaching $69,000

Elon Musk Sees Bitcoin Price Reaching $69,000

Cover image via stock.adobe.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

JPMorgan Names Trigger for New Bitcoin ATH and It’s Not BITO ETF Launch

JPMorgan Names Trigger for New Bitcoin ATH and It’s Not BITO ETF Launch

Cover image via stock.adobe.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

JPMorgan Names Trigger for New Bitcoin ATH and It’s Not BITO ETF Launch

JPMorgan Names Trigger for New Bitcoin ATH and It’s Not BITO ETF Launch

Cover image via stock.adobe.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

Bitcoin Briefly Tanks to $8K on Binance.US

Bitcoin Briefly Tanks to $8K on Binance.US

Bitcoin, the largest cryptocurrency by market capitalization, tanked to the $8,200 level on the Binance.US exchange before recovering within seconds. Binance US casually wicking down to $8200 pic.twitter.com/UykFPl5OAc — satsdart ? (@satsdart) October 21, 2021 It is not clear whether this extreme volatility was caused by deliberate market manipulation or a costly mistake. Abnormalities have also been observed […]

Bitcoin Briefly Tanks to $8K on Binance.US

Bitcoin Briefly Tanks to $8K on Binance.US

Bitcoin, the largest cryptocurrency by market capitalization, tanked to the $8,200 level on the Binance.US exchange before recovering within seconds. Binance US casually wicking down to $8200 pic.twitter.com/UykFPl5OAc — satsdart ? (@satsdart) October 21, 2021 It is not clear whether this extreme volatility was caused by deliberate market manipulation or a costly mistake. Abnormalities have also been observed […]

US Politician Newt Gingrich Wants Governments to Use Bitcoin as Inflation Hedge

US Politician Newt Gingrich Wants Governments to Use Bitcoin as Inflation Hedge

Cover image via www.youtube.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

US Politician Newt Gingrich Wants Governments to Use Bitcoin as Inflation Hedge

US Politician Newt Gingrich Wants Governments to Use Bitcoin as Inflation Hedge

Cover image via www.youtube.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]