Remove 2012 Remove Assets Remove Securities and Exchange Commission (SEC)
article thumbnail

Is Ripple (XRP) a Millionaire Maker?

The Motley Fool

Noted growth investor Cathie Wood expects digital assets to reshape the financial markets on a global level. And that's essentially the end of similarities between these two assets. Its purpose is to move money across international borders with low fees, fast transactions, and unbreakable security.

article thumbnail

Billionaires Are Selling Nvidia Stock and Buying an Index Fund That May Soar Up to 83,000%, According to Wall Street Experts

The Motley Fool

Recently filed Forms 13F show that two high-profile hedge fund managers sold shares of Nvidia during the second quarter while reallocating capital to the iShares Bitcoin Trust (NASDAQ: IBIT) , an exchange-traded fund (ETF) that tracks Bitcoin (CRYPTO: BTC). stock exchanges. David Shaw at D.E. Shaw sold 12.1 Meanwhile, he bought 2.4

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

1 Super Cryptocurrency Could Soar to $200,000 by 2025, According to a Wall Street Analyst

The Motley Fool

Ultimately, cryptocurrencies are no different than any other asset. With that in mind, Chhugani and Kendrick believe two catalysts will turbocharge Bitcoin demand in the coming months: the recent approval of spot Bitcoin exchange-traded funds (ETFs) and the halving event next month. Their prices are a product of supply and demand.

article thumbnail

Will the Bitcoin Halving Create Overnight Millionaires?

The Motley Fool

Now that the initial euphoria around the new spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) has started to fade, it's time to move on to the next major catalyst for Bitcoin : the halving event in April. So it didn't come as much of a surprise when the SEC finally approved the spot Bitcoin ETFs on Jan.

article thumbnail

Why Is XRP Down After a Year of Growth?

The Motley Fool

In August, a long-running court case involving the Securities and Exchange Commission (SEC) finally wrapped up, with Ripple agreeing to pay $125 million in penalties for improperly selling XRP tokens to institutional investors. And it has had to pay an estimated $200 million in legal fees to battle the SEC.

article thumbnail

My Top Crypto to Buy in December

The Motley Fool

Support for Bitcoin from institutional investors Remember when Wall Street banks scoffed at the idea of crypto as an asset class, or when large institutional investors avoided Bitcoin like the plague? The conventional thinking now is that official approval from the SEC could come as early as the first quarter of 2024.

article thumbnail

1 Top Cryptocurrency to Buy Now Before It Soars 1,000%, According to Wall Street Analysts

The Motley Fool

It started with a rotation away from risk assets as recession fears rippled through the economy in late 2021. Securities and Exchange Commission approved 11 spot Bitcoin ETF applications on Wednesday, including proposals from two of the three largest asset managers in the world, BlackRock and Fidelity.