Category: Forbes

Forbes News Feed

‘Moon Very Soon’—Cryptic Elon Musk Spurs Bitcoin On As Price Suddenly Blasts Past $60,000 And Ethereum Hits Fresh High

Forbes

Bitcoin has suddenly surged higher, climbing firmly above the psychological $60,000 per bitcoin for the first time since mid-March. The bitcoin price hit highs of $61,240 on the Luxembourg-based Bitstamp exchange before falling back slightly, a rise of 5% on Read More

Eli And Peyton Manning Plan ‘Legacy’ NFT Collection—Including Iconic Super Bowl Pass

Forbes

Topline Football legends Peyton and Eli Manning will become the latest sports icons to enter the growing digital artwork space next week when they debut a collection of nonfungible tokens, or NFTs, on the platform MakersPlace. New York Giants receiver Read More

Coinbase, Bitcoin, And Some Longer Term Implications Of Coinbase Going Public

Forbes

The upcoming direct listing of Coinbase is making many well-deserved headlines, but let’s take a look at a few of the longer term implications that could result from this first-of-its-kind event. Getty SOPA Images/LightRocket via Getty Images A potential valuation Read More

Billionaire Mark Cuban Reveals Why He Thinks Ethereum Will ‘Dwarf’ Bitcoin As Crypto Market Price Hits $2 Trillion

Forbes

Mark Cuban, the billionaire investor made famous by the reality television series Shark Tank, has changed his tune on bitcoin and cryptocurrencies in recent months. Cuban made headlines when he said he’d “rather have bananas than bitcoin,” calling crypto “too Read More

Coinbase Posts Record $1.8 Billion In Revenue As Crypto Market Shoots Past $2 Trillion

Forbes

Topline Ahead of its long-anticipated public market debut next week, crypto-brokerage Coinbase previewed results for its best quarter ever, pulling in $1.8 billion in first-quarter revenue as booming interest in cryptocurrencies pushes the market to meteoric new highs. Coinbase Founder Read More

Alameda Research Invests $4M In Coin98 Finance—A DeFi Ecosystem From Southeast Asia

Forbes

Alameda Research, the leading quantitative crypto trading firm behind the top derivatives exchange FTX, has invested $4 million in Coin98 Finance. The deal demonstrates the growth of DeFi across Asia, which has lagged behind other major regions, like the U.S. Read More

Bitcoin And Crypto Market Smashes Through $2 Trillion As The Price Of Ethereum, Binance Coin, Litecoin And Ripple’s XRP Suddenly Soar

Forbes

Bitcoin and cryptocurrency prices are soaring, pushing the value of the entire cryptocurrency market over $2 trillion for the first time (though some think the bull run could be just getting started). With the bitcoin price hovering around $60,000 per Read More

New Wall Street Bitcoin Report Reveals Radical $100,000 Bitcoin Price Model ‘Worth Understanding’

Forbes

Bitcoin, after roaring to around $60,000 per bitcoin in March, has plateaued in recent weeks. The bitcoin price has added almost 500% since its latest bull run began in October 2020, pushed on by bullish Wall Street banks and the Read More

Tesla Billionaire Elon Musk ‘Reveals’ SpaceX Plan For ‘Joke’ Crypto Dogecoin As Bitcoin And Ethereum Near All-Time High Price

Forbes

Elon Musk, the billionaire chief executive of electric car-maker Tesla TSLA , is once again boosting the price of “joke” cryptocurrency dogecoin after a brief hiatus. Musk, a long-time fan of dogecoin, has played an outsized role in the bitcoin Read More

World’s Largest Asset Manager BlackRock Is Trading Bitcoin Futures

Forbes

Larry Fink, chief executive officer of BlackRock Inc. © 2020 Bloomberg Finance LP According to Securities and Exchange Commission filings submitted Wednesday, the BlackRock Global Allocation Fund held 37 futures contracts, which expired on March 26, from the Chicago Mercantile Read More

Will CME’s New Micro Bitcoin Futures Contracts Leapfrog Bitcoin ETF Efforts?

Forbes

BRAZIL – 2019/07/24: In this photo illustration a CME Group logo seen displayed on a smartphone. … [+] (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Leading derivatives exchange CME Group CME announced this Read More