The 110-year-old asset manager is known for its early investments in tech firms, such as Amazon, Google, and, more recently, Tesla. According to Blockchain.com CEO Peter Smith, this is one of Baillie Gifford’s first investments in a crypto company. He also said this investment represents another endorsement for cryptocurrencies from institutional investors. This is the … Continued
Despite the drop, BEAM has validated the previous breakout level as support. It is expected to bounce from this support level and gradually increase towards a new all-time high price. BEAM All-Time High On April 11, BEAM reached an all-time high price of $4.11. While it dropped afterward, the decrease served to validate the $1.50 … Continued
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JPMorgan Managing Director Nikolaos Panigirtzoglou recounts seeing such negative price action for Bitcoin in the past year. However, in those instances, buyers were able to return in time to prevent deeper slumps. This time, he reports feeling greater concern. Bitcoin momentum signals decay According to research by Panigirtzoglou-led strategists, momentum signals could collapse if Bitcoin … Continued
NEW YORK–(BUSINESS WIRE)–Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced it has elected two new members to its board...
Despite the drop, BTC has created a short-term higher low. A breakout from the current descending resistance line would confirm the bullish trend reversal. Ongoing BTC bounce On April 18, BTC reached a low of $50,931. However, it immediately bounced, creating a very long lower wick. Since then, it has been trading near the $55,000 … Continued
Lemonade (NYSE:LMND), the insurance firm that’s powered by AI and behavioral economics, announced on Tuesday (April 20, 2021) that it’s “readying ‘Lemonade Car’ for...