Bitcoin hits new all-time high, driven by institutional buying

trytrytry

trytrytry

All I do is trytrytry
thanks for the heads-up raiders. glad it was you who could post this milestone...
 
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M

MrTop

EOG Master
ETHEREUM grayscale trust killing it now 14%


bitcoin grayscale trust up 8.7%
 
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raiders72001

raiders72001

1
Bitcoin's surge over $20,000 comes after a Reuters report claiming fund manager Ruffer Investment Management has moved around $675 million of its clients' money into bitcoin. Earlier reports had suggested the London-based firm, which manages around $27 billion worth of assets, had allocated a far smaller sum to bitcoin.

"Compared to 2017 when demand came from the retail market, this will eventually happen again, of course, the current demand is coming from an institutional level completely flying under the radar for many people and it looks set to continue through 2021," Scott added.
Click to expand...
https://www.forbes.com/sites/billyb...hed-through-20000-whats-next/?sh=3ab347094d89
 
M

MrTop

EOG Master
better than paper for sure.. making the S&P look like the minors... get ready to dump if trump puts in regulation
 
M

MrTop

EOG Master
NUETRAL position for me now... crushed it past week on etherum & bitcoin XRP ?


for me. switch to Aphria and Tilray - cannabis (420) merger should go up
 
raiders72001

raiders72001

1
BTC, ETH and ADA my big 3. Sold all XRP after the snapshot for free Flare. Sold Moderna stock this week but may jump back in there.
 
V

Valuist

EOG Master
I've been riding the BLOK since bitcoin hit its support level around 7000. This may be the first chart we've seen that went parabolic, completely imploded, then came back.
 
M

MrTop

EOG Master
WHERE ARE ANALYSTS MOST OPTIMISTIC ON RATINGS FOR S&P 500 COMPANIES FOR 2021?
EARNINGS
By John Butters | December 21, 2020

With the end of the year approaching, where are analysts most optimistic and pessimistic in terms of their ratings on stocks in the S&P 500? How have their views changed since the start of the COVID-19 pandemic?
Overall, there are 10,361 ratings on stocks in the S&P 500. Of these 10,361 ratings, 53.6% are Buy ratings, 39.6% are Hold ratings, and 6.8% are Sell ratings.
At the sector level, analysts are most optimistic on the Energy (62%), Health Care (60%), and Information Technology (59%) sectors, as these three sectors have highest percentages of Buy ratings. On the other hand, analysts are most pessimistic about the Real Estate (46%), Consumer Staples (47%), and Financials (48%) sectors, as these three sectors have the lowest percentages of Buy ratings. The Real Estate (46%) and Financials (46%) sectors also have the highest percentages of Hold ratings, while the Consumer Staples (10%) sector also have the highest percentage of Sell ratings.



factset
 
bishqqq

bishqqq

EOG Addicted
it "FEELS " like things need to base............a pause........before new highs......very tricky......long only 33% bitcoin, ethereum & XrP.........good luck
 
M

MrTop

EOG Master
Years ago you use to bet on teams with a strong running game & solid defense to win money..... now all you do is put money in bitcoin now 24,500
 
raiders72001

raiders72001

1
bitcoin on christmas day:

2010: $0.27
2011: $4
2012: $13
2013: $666
2014: $320
2015: $450
2016: $890
2017: $13,000
2018: $4,000
2019: $7,200
2020: $24,500 all time high.
 
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