Bitcoin Rebounds From Early Losses, Markets Still Distracted by GameStop
GameStop's stock drama has had a galvanizing effect on stocks, bitcoin and even dogecoin.
The Wall Street firm sees signs of maturation especially given its resiliency since the height of the pandemic.
Bitcoin's lead over assets from stocks to bonds, oil, banks, gold and tech stocks and the euro has widened.
The difference between bitcoin futures premium on CME and other crypto exchanges has widened since the end of March, when Bill Hwang’s troubles surfaced.
Recently deceased porn mogul Larry Flynt once said, “Hypocrisy is a detriment to progress." His story may have something to offer crypto.
Cuban believes WSB traders are applying the principles of the crypto world to the stock market.