Bitcoin at $250,000 in a year? This ‘rocket fuel’ will help it get there, says Goldman Sachs alum

After a lackluster start to the week, stocks are struggling for gains, though beaten-down technology names have perked up. While the Nasdaq Composite COMP, -0.23% has lost 4% this month,…

Continue ReadingBitcoin at $250,000 in a year? This ‘rocket fuel’ will help it get there, says Goldman Sachs alum

Fundstrat’s Tom Lee explains why he’s doubling down on bitcoin after Elon Musk’s surprising reversal – and increasing his price target to $125,000

Fundstrat Global Advisors managing partner Tom Lee is confident that bitcoin will continue to rally in the wake of Elon Musk's abrupt reversal Wednesday on allowing Tesla to accept the…

Continue ReadingFundstrat’s Tom Lee explains why he’s doubling down on bitcoin after Elon Musk’s surprising reversal – and increasing his price target to $125,000

As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains

As soon as Elon Musk and Tesla sparked the proof-of-work (PoW) consensus algorithm controversy, a few blockchains that use less energy and alternative consensus algorithms have seen massive gains. For…

Continue ReadingAs Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains