One of the crypto mining stocks delivered more than 1,600% returns year-over-year (YoY) while Bitcoin’s gains in the same period came out to be around 290%.
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Investment bank Goldman Sachs has compiled a list of 19 large-cap stocks with cryptocurrency exposure that have massively outperformed the S&P 500. “On average, these stocks have dramatically outperformed the S&P 500 during the last several months alongside the surge in the price of bitcoin,” the firm wrote. 19 Stocks With Crypto Exposure That Outperformed […]
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Despite the warnings of the Israeli regulator that it won’t tolerate bitcoin to get somehow backdoor listed on the Tel Aviv Stock Exchange, public companies keep pivoting into the field. The latest example is a firm that focused on oil refineries until now. All of a sudden it announced plans to sell bitcoin ATMs to casinos […]
The post Oil Company Wants to Sell Bitcoin ATMs to Casinos, Stock Jumps 60% appeared first on Bitcoin News.
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Financial regulators around the world seem to finally notice that some companies are trying to capitalize on the insatiable appetite for everything crypto by claiming a link to blockchain. Trading in the stocks of one such alleged company has now been stopped by the SEC. Also Read: Peak Blockchain Hype? Firm With No Revenues and […]
The post SEC Suspends Trading in Blockchain Firm With No Revenues and No Product appeared first on Bitcoin News.
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Bitcoin mania has taken over the business world. Companies from India to Long Island are rushing to add bit, coin, crypto or blockchain to their names. As that is the case it would not be a big surprise if some have also stretched the definition of what they do too far just to have some […]
The post Israeli Regulator Investigating Public “Bitcoin” Company for False Claims appeared first on Bitcoin News.
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It appears that public companies have found a new way to attract investors to their stocks, implying they are becoming a part of the booming bitcoin market. Also Read: Israeli PM Netanyahu Says Bitcoin Is Rising as Banks Are Destined to Disappear Crypto Stocks? A third company listed on the Tel Aviv Stock Exchange (TASE) […]
The post More Firms Entering the Bitcoin Market See Stocks Soar appeared first on Bitcoin News.
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