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People Have Spent More Than $230 Million Buying and Trading Digital Collectibles of NBA Highlights
NBA Top Shots is like trading cards, but with a video highlight instead of a photo. People have spent more than $230 million buying and trading NBA highlights.
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This Family Bet Everything on Bitcoin When It Was $900 – and Bought More When It Crashed in 2018
This family sold everything it owned in 2017 to make a big bet on bitcoin. Four years and 40 countries later, and it’s still all in on cryptocurrencies.
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Coinbase Prospectus Lacks Key Trading Details for Investors Who Want in on the Direct Listing
In Coinbase’s direct listing prospectus on Thursday, the company provided almost no indication about how private investors value the stock.
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Crypto Collectibles Are Selling for Thousands — and Celebrities Like Mark Cuban Are Cashing in
The cryptocurrency world is abuzz with talk of digital collectibles, unique virtual tokens that can represent anything from art to sports memorabilia.
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Coinbase's Crypto Holdings Jumped Ninefold Last Year to Over $300 Million as Bitcoin Surged
According to Coinbase’s direct listing prospectus on Thursday, the company held $316.1 million worth of crypto assets on its balance sheet as of Dec. 31.
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Double Down on Epicenter Stocks and Avoid Big Tech, Market Bull Tom Lee Suggests
Fundstrat Global Advisors’ Tom Lee warns the growth trade is showing signs of a peak.
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Square Saw 1 Million Users Buy Bitcoin for First Time During January's Upswing, CFO Says
The spike in interest last month among the payment platform’s users coincided with bitcoin’s continued rally.
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Klarna's CEO Is ‘Deeply Worried' About Tweets Promoting Bitcoin and Thinks Regulators Should Step in
Klarna chief Sebastian Siemiatkowski said he’s worried about tweets promoting bitcoin and thinks regulators should act to protect people from potential losses.
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MicroStrategy Buys More Than $1 Billion Worth of Bitcoin, Adding to Massive Holdings
MicroStrategy said the average purchase price of all its bitcoin purchases is $23,985 per digital token
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Bitcoin Bounces Back, Surging Above $50,000 After More Buying From Square
Bitcoin climbed back above the $50,000 level Wednesday, after a brutal sell-off earlier this week.
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Bitcoin Tanks 10% After Elon Musk Says Prices Seem High
Bitcoin slid Monday, pausing its stunning rally after Elon Musk said prices “seem high.”
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Failure to Report Cryptocurrency on Your Tax Return Can Lead to Trouble With the IRS
Taxpayers who had 2020 income or gains from cryptocurrencies — regardless of the transaction — may regret it if they fail to report it on their tax return.
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Yellen Sounds Warning About ‘Extremely Inefficient' Bitcoin
Treasury Secretary Janet Yellen issued a warning Monday about the dangers that bitcoin poses both to investors and the public.
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Bitcoin Extends Its Slide, Tumbling Below $50,000
Bitcoin resumed its slide on Tuesday, tumbling as low as $45,041 according to data from Coin Metrics.
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Square Buys $170 Million Worth of Bitcoin
The company said it bought approximately 3,318 bitcoins, expanding on its October 2020 purchase of 4,709.
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MicroStrategy CEO Says Bitcoin Will One Day Have $100 Trillion Market Value Even as Price Dives
Bitcoin’s volatility will fall as it grows to become a “stabilizing influence” for the entire global financial system, MicroStrategy CEO Michael Saylor told CNBC.
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Cryptocurrency Firms Tether and Bitfinex Agree to Pay $18.5 Million Fine to End New York Probe
New York’s top law enforcement official had been investigating Tether and Bitfinex over allegations that they tried to cover up $850 million in losses.
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Indian Billionaire Says the Country's Regulators Need to ‘Step in and Ban Bitcoin'
The investor, sometimes referred to as India’s Warren Buffett, also told CNBC he “will never buy bitcoin.”
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Market Bull Julian Emanuel Sees Rising Treasury Yields Accelerating a Major Leadership Change. Here's How to Play It.
While rising Treasury yields create jitters on Wall Street, BTIG’s Julian Emanuel is looking to put money to work outside of Big Tech.
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Mark Cuban Is Bullish on NFTs, and They're About to Go More Mainstream With an Auction at Christie's
Christie’s will sell a fully digital piece of artwork by famous artist Beeple through non-fungible tokens, or NFTs, which have caught the eye of Mark Cuban and Chamath Palihapitiya.