[ad_1] US stock index futures rose in overnight trading on Wednesday as investors hoped the winner of the US presidential election would be determined soon. Futures contracts linked to the Dow Jones Industrial Average rose 70 points, indicating a gain of the opening movement of 64 points at 9:30 am …
Read More »Bitcoin’s rally is still only in the “ first inning, ” says Paul Tudor Jones
[ad_2][ad_1] Billionaire hedge fund manager Paul Tudor Jones has turned more bullish on bitcoin, calling it the best hedge against inflation. “I like bitcoin even more now than I did then. I think we are in the first inning of bitcoin and there is a long way to go,” Jones …
Read More »Square buys $ 50 million in bitcoin, says cryptocurrency “ aligns with the company’s purpose ”
[ad_2][ad_1] Omar Marques | LightRocket | Getty Images Payment company Square is buying a large block of bitcoin, an unusual use of corporate cash. Square said Thursday that it bought 4,709 bitcoins, worth around $ 50 million. This represents about 1% of Square’s total assets at the end of the …
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