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21 June 2021
21:04 hour

Bitcoin price lower after Musk tweet

Investing.com

17/05/2021 - 00:21


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  1. Crypto: Elon Musk breaks up with bitcoin? Cryptic tweet has some crypto bulls fearing the worst (04/06/2021 - Market Watch)
    Crypto bull Elon Musk on Thursday evening issued a cryptic tweet that many in the crypto world were interpreting as the billionaire's breakup with bitcoin, the world's most prominent digital asset.
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  2. Musk tweet dents bitcoin, but weekly gain in prospect (04/06/2021 - Investing.com)

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  3. Investors Helplessly Watch Elon Musk Continue To Manipulate The Market: Tweet Hinting That Tesla Has Sold Out Of Bitcoin, The Price Of Digital Currency Has Bottomed (17/05/2021 - Reddit Stock Market)
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  4. : Tesla must rehire fired worker and Elon Musk must delete anti-union tweet, NLRB rules (26/03/2021 - Market Watch)
    The National Labor Relations Board on Thursday ordered Tesla Inc. to reinstate an employee it fired in 2017 and said Chief Executive Elon Musk must remove a three-year-old tweet urging against unionizing.
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  5. Elon Musk’s fresh salvo at Bitcoin: ‘Not decentralised, Dogecoin is better’; sends Bitcoin tumbling 16% (17/05/2021 - Financial Express)
    Tesla chief Elon Musk’s latest Twitter duel has revealed more on why the world’s second-richest person and a Bitcoin believer till recently has suddenly turned against it.
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  6. Here’s how much Tesla’s Elon Musk owns in bitcoin now from only 0.25 BTC back in 2018 (21/03/2021 - Financial Express)
    Elon Musk had bought $1.5 billion in bitcoin in February this year that had renewed the argument around his priority to address climate change on one hand and bitcoin’s impact on the environment due to the immense energy required to mine it on the other.
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  7. NewsWatch: Elon Musk is ‘definitely too influential on Bitcoin prices’ says head of crypto hedge fund—but that may change (05/06/2021 - Market Watch)
    Elon Musk caused more calamity in bitcoin price action late Thursday and into Friday, leading at least one crypto hedge-fund manager to describe the Tesla Inc. CEO and prolific tweeter as “too influential on bitcoin prices.”
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  8. Elon Musk’s Tesla tweets violated settlement agreement (02/06/2021 - Reddit Stock Market)
    SEC officials pointed to a tweet on May 1, 2020, in which Musk said that Tesla’s stock price was “too high,” prompting a more than $13 billion decline in the company’s market value, according to the report. The SEC also pointed to Musk tweets from 2019, where he discussed solar roof production numbers without obtaining pre-approvals, the Journal said https://www.cnbc.com/2021/06/01/sec-said-elon-musk-tesla-tweets-violated-settlement-agreement-per-wsj.html   submitted by   /u/valueinvesting_io [link]   [comments]
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  9. Cryptos: Elon Musk implies Tesla could dump its bitcoin holdings (16/05/2021 - Market Watch)
    Prices of the leading cryptocurrencies continued to slide Sunday, with bitcoin falling after Elon Musk suggested Tesla Inc. has sold or may sell its remaining bitcoin assets.
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  10. Crypto: Elon Musk is ‘definitely too influential on Bitcoin prices’ says head of crypto hedge fund—but that may change (04/06/2021 - Market Watch)
    Elon Musk caused more calamity in bitcoin price action late Thursday and into Friday, leading at least one crypto hedge-fund manager to describe the Tesla Inc. CEO and prolific tweeter as “too influential on bitcoin prices.”
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  11. Musk Discusses Sustainability With Bitcoin miners, Bitcoin Price Rises By 4% (25/05/2021 - Reddit Stock Market)
      submitted by   /u/om362 [link]   [comments]
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  12. : Elon Musk is selling one of his tweets about NFTs — as an NFT (16/03/2021 - Market Watch)
    Bidding for Musk's tweet about selling NFT songs has exceeded $1 million.
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  13. Not just Bitcoin, Visa’s move to crypto-based settlements triggers price jump for Ethereum, Bitcoin Cash (30/03/2021 - Financial Express)
    Apart from Visa, institutions, and entrepreneurs such as Mastercard, BlackRock, PayPal, Square, Tesla’s Elon Musk, Jack Dorsey, and more have already been either engaging or dabbling with cryptocurrencies such as bitcoin.
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  14. Cryptos: Bitcoin bulls on social media reject Musk’s reasoning for halting crypto-based car sales (13/05/2021 - Market Watch)
    Staunch supporters of bitcoin on Wednesday night were questioning Elon Musk's crypto bona fides after the CEO of Tesla Inc. said that the company would halt its experiment of selling its electric vehicles using bitcoin due to "rapidly increasing use of fossil fuels" mining the digital asset.
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  15. Did Elon Musk sell his Bitcoin? No. Tesla CEO explains why his company sold 10% of its holding (27/04/2021 - Financial Express)
    Elon Musk said his Tesla Inc has told 10 per cent of its Bitcoin holdings to prove the liquidity of the cryptocurrency.
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  16. The Margin: #LaserEyes meme campaign goes viral on Twitter in apparent bid to double bitcoin price to $100,000 (23/02/2021 - Market Watch)
    Viral trend to boost bitcoin enjoys backing from the likes of Elon Musk and Tyler Winklevoss.
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  17. Elon Musk’s U-turn on Bitcoin: Tesla won’t accept it to sell cars; Bitcoin sinks, Tesla shares fall (13/05/2021 - Financial Express)
    While Tesla has now suspended transactions using Bitcoin, the company will explore the use of other cryptocurrencies that use less than 1% of Bitcoin’s energy per transaction
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  18. Dogecoin races higher again after Elon Musk tweet (14/05/2021 - Seeking Alpha)

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  19. Tesla appeals federal order on Musk tweet (05/04/2021 - Seeking Alpha)

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  20. Cryptos: Dogecoin, bitcoin prices climb as Elon Musk solicits help to improve meme coin, talks sustainability with miners (24/05/2021 - Market Watch)
    The crypto community has felt whipsawed by prominent technologist Elon Musk and that is not likely to change this week, with the Tesla CEO saying that he's working on two efforts that could be read as bullish in the longer term for dogecoin and bitcoin.
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  21. Elon Musk says Bitcoin price seems 'high' after eclipsing $1 trillion (21/02/2021 - Seeking Alpha)

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  22. Crypto: Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green (13/06/2021 - Market Watch)
    Prices of the world's No. 1 crypto on Sunday trade sharply higher after digital-asset bull Elon Musk says Tesla would resume allowing transactions at the vehicle-maker's stores when key members of bitcoin infrastructure can confirm that 50% of the energy used to mine for bitcoin is derived from clean energy sources.
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  23. Tesla shares: why I think ESG investors will like Elon Musk’s Bitcoin news (18/05/2021 - The Motley Fool UK)
    ESG investing has gained a lot of traction recently. Companies are becoming more conscious of the impact that it can have on performance and also on investor perception. With some investors actually wanting to exclude non-ESG-friendly stocks from their portfolios, avoiding ESG could even be damaging to the share price. With this in mind, how should I view Tesla (NASDAQ:TSLA) shares after the recent news regarding Bitcoin? What has happened? Last Thursday, Elon Musk tweeted that Tesla would be halting purchases of cars using Bitcoin. This comes as a complete reversal of the announcement earlier this year when the company said that people could use the cryptocurrency to buy cars. Tesla shares fell in the immediate aftermath of the tweet, as did Bitcoin. For those with little knowledge of Bitcoin, the link between it and ESG concerns might not be immediately apparent. But Bitcoin is a digital asset, and uses computers to process transactions, mine for other coins and store associated data. As a result, it uses an enormous amount of fossil fuels in order generate the power needed.  Despite Musk’s personal interest in cryptocurrency in general, the Bitcoin story never quite slotted in comfortably with Tesla as a business. Tesla shares have gained in value over the years, partly because it’s an electric car company. It’s seen as the future, for the environment, as well as for other reasons. So to be so focused on ESG-positive elements, and yet push power-hungry Bitcoin was always a slight conflict. Should I buy Tesla shares? Even though Tesla shares fell on the initial tweet, I think this is good news in the longer term. Tesla is an electric car company and is now pivoting to growth after years of losses. For example, in Q1 of this year, it set a new record for car deliveries at 184,800. Profit came in at $438m. So from my point of view, the outlook regarding the core operations of the business is positive. In fact, the company is aiming for 50% annual growth in car deliveries this year. Therefore I think Bitcoin is a distraction that unnecessarily hampers the share price. Musk and Co are good at what they do, so why complicate things? Hopefully, the news around Tesla and Bitcoin dies down, and Tesla shares can trade closer to the underlying performance of the business. It’ll also allow more ESG funds to hold Tesla as a stock. Private investors should also feel more comfortable with buying shares as well. The risk to my view is the unpredictability of Elon Musk. Given the control he still has, I wouldn’t be surprised if he tweets next week that Tesla is now accepting Dogecoin! His actions in general cause high volatility for Tesla shares, and make it hard to accurately make an informed decision. As a result, although I think the recent news will attract more ESG investors, I don’t trust Elon Musk enough to invest my money right now. Government’s Green Dossier Exposes £400Billion Opportunity It was released November 2020, and make no mistake: It’s happening. The UK Government’s 10-point plan for a new “Green Industrial Revolution.” PriceWaterhouse Coopers believes this trend will cost £400billion… …That’s just here in Britain over the next 10 years. Worldwide, the Green Industrial Revolution could be worth TRILLIONS. It’s why I’m urging all investors to read this special presentation carefully… Access this special "Green Industrial Revolution" presentation now More reading Why did the Tesla share price drop last week? Tesla’s share price has fallen 34%. Should I buy the stock now? The Tesla share price is falling. Should I buy now? After Q1 earnings, I’d still buy this stock over Tesla Would I buy the Tesla share after its record profits? jonathansmith1 has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Tesla. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post Tesla shares: why I think ESG investors will like Elon Musk’s Bitcoin news appeared first on The Motley Fool UK.
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  24. NLRB rules against Tesla's firing union supporter, Musk's tweet (25/03/2021 - Seeking Alpha)

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  25. Tesla reportedly warned last year on lack of Musk tweet compliance (02/06/2021 - Seeking Alpha)

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  26. : ‘You can now buy a Tesla with bitcoin,’ Elon Musk says (24/03/2021 - Market Watch)
    Bitcoin prices were given another boost on Wednesday after Tesla CEO Elon Musk said the cryptocurrency can now be used to buy Tesla vehicles.
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  27. Twitter CEO Jack Dorsey to convert proceeds from auction of first tweet to Bitcoin for charity (10/03/2021 - Financial Express)
    Dorsey is known to be a Bitcoin enthusiast, and said that the proceeds converted to Bitcoin would be donated as charity.
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  28. Musk Posted Another Dogecoin Tweet And The Currency Value Rose By Nearly 10% (28/04/2021 - Reddit Stock Market)
      submitted by   /u/gock8383 [link]   [comments]
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  29. Bitcoin bombshell: Crypto king may pole vault to eye popping $400k mark this year with over 6x growth (11/04/2021 - Financial Express)
    Elon Musk’s Tesla, which recently bought $1.5 billion Bitcoin, could be an “inflection point” for Bitcoin that may mark a shift towards “risk-off”.
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  30. Bitcoin gains continue as Musk tweets on bitcoin miners energy pact (24/05/2021 - Seeking Alpha)

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  31. Bitcoin stocks slide after Elon Musk tweets split couple meme, bitcoin emoji (04/06/2021 - Seeking Alpha)

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  32. Elon Musk and Tesla are Bitcoin investors, is this the year for a Bitcoin ETF? (10/02/2021 - Seeking Alpha)

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  33. NewsWatch: Dogecoin price’s ‘make-or-break’ moment looms with Elon Musk set to host ‘Saturday Night Live’ (08/05/2021 - Market Watch)
    Elon Musk is a rallying point for dogecoin holders on sites like Reddit, and his coming appearance on 'SNL' is a hotly anticipated moment inside and outside crypto markets, which had previously centered on bitcoin and Ethereum, the two largest cryptos in the world.
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  34. NewsWatch: Dogecoin price’s ‘make-or-break’ moment looms with Elon Musk set to host ‘Saturday Night Live’ (08/05/2021 - Market Watch)
    Elon Musk is a rallying point for dogecoin holders on sites like Reddit, and his coming appearance on 'SNL' is a hotly anticipated moment inside and outside crypto markets, which had previously centered on bitcoin and Ethereum, the two largest cryptos in the world.
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  35. NewsWatch: Dogecoin price’s ‘make-or-break’ moment looms with Elon Musk set to host ‘Saturday Night Live’ (07/05/2021 - Market Watch)
    Elon Musk is a rallying point for dogecoin holders on sites like Reddit, and his coming appearance on 'SNL' is a hotly anticipated moment inside and outside crypto markets, which had previously centered on bitcoin and Ethereum, the two largest cryptos in the world.
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  36. Musk says Tesla will be bigger than apple in a few months in tweet then deletes it? Whaaa?? (28/03/2021 - Reddit Stock Market)
      submitted by   /u/DOGEAN0N [link]   [comments]
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  37. With Just One Tweet, Elon Musk Blew Away $ 365 Billion In Crypto Market Capitalization (13/05/2021 - Reddit Stock Market)
      submitted by   /u/om362 [link]   [comments]
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  38. : Tesla stock and bitcoin drop after Elon Musk says car sales with crypto will be halted due to energy usage of mining (13/05/2021 - Market Watch)
    Tesla Inc. will halt sales of cars using bitcoin due to the effects on the environment mining the cryptocurrency can have, Chief Executive Elon Musk said Wednesday, and prices of Tesla shares and the cryptocurrency dropped immediately after.
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  39. Tesla: where has the dog and pony show gone? (08/03/2021 - Reddit Stocks)
    I remember for the past year playing the Tesla game of trying to buy in after the split. Every time it would slightly move downward Elon Musk would tweet something or Tesla would be in the news about something and instantly it would go up even higher. I know it is over valued but for a long time Musk was in competition for being the richest person. Now it’s just crickets. Has he given up or taken I’ll? What is going on and why is there no usual dog and pony show?   submitted by   /u/angel_of_death007 [link]   [comments]
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  40. Cryptos: A bitcoin battle of the billionaires ensues as Jack Dorsey faces off with Musk on ‘green’ merits of world’s No. 1 crypto (15/05/2021 - Market Watch)
    Two of the world's most prominent billionaires Tesla Inc.'s CEO Elon Musk and Jack Dorsey are facing off over the merits of bitcoin, with the future of the world's No. 1 crypto likely hanging in the balance.
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  41. Twitter may soon launch ‘Undo Tweet’ feature but there is a catch (20/03/2021 - Financial Express)
    Undo tweet feature will be equipped with a system that will not allow the tweet to get public until a specific amount of time has passed.
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  42. After Criticizing Bitcoin For Destroying The Environment, Elon Musk Has Just Tweeted To Protect The Digital Currency, The Price Has Risen Again (25/05/2021 - Reddit Stock Market)
      submitted by   /u/gock8383 [link]   [comments]
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  43. CCTL has gotten a 42x gain!!! If you predict bitcoin and mining to go up higher, join the ride. (14/03/2021 - Reddit Stock Market)
    CCTL is probably the best way to get into Bitcoin and Mining. The share price of $0.022 is an easy way to accumulate a huge position. It tracks the price of Bitcoin well. I notice if bitcoin goes up by 3x, CCTL goes up 42x!!! Here’s an example: Dec 7, 2020 - Feb 17, 2021 Bitcoin goes up from $19k to $56k (3x increase) CCTL went up from 0.001 to 0.042 = (42x increase!) So let’s assume BItcoin today at price of $60k triples again to $180k. Then I expect my CCTL to increase 42x fold again! Retail FOMO hasn’t even happened yet. My family account has just under $170K. Just multiply that by 42x and that’s $7.14M!!!!!! Even if you only have $10k invested x 42 = $420k!!!! Just think about how many miners there are that are now at $0.70, 0.80, $1, $5, etc. They all started at 2 cents!!!! So why can’t CCTL get up there?! THIS is the easiest way to become rich and become a millionaire if you believe bitcoin is only going to go up! To the moon!!!   submitted by   /u/AlphaMale888 [link]   [comments]
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  44. Elon Musk - Mark Cuba -- Dont Get diverted. Selfish and more dangesrous (09/02/2021 - Reddit Stock Market)
    There is no innovation and Profits at Tesla. Musk has gone rogue in Reddit and Twitter to make money by involving Jonker activities by channelling his failures and masking actual profits of Tesla. Musk is a bigger problem for all the people who are working for Tesla as your lives are also gambled the way Musk is doing. FinCen of US along with IRS, Treasury should look how the thugs and criminals are using BitCoin and the like to prevent regulatory efforts in Anti Societal activities. Elon Musk interviewing RobinHood is not a Judge. Another dongere in this is Mark Cuban, who is accomplice with Elon on Reddit. Another cheapo of his life There is no innovation coming out of Tesla and Elon Musk . Only Anti social activities on Reddit , Elon Musk, Tesla, SpaceX News by Tesla Oracle u/Rogue u/Anti Social Element Mark Cuban - Newslines Tesla   submitted by   /u/AcceptableStick7480 [link]   [comments]
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  45. Market Extra: Musk’s Tesla says it invested $1.5 billion in bitcoin, sending the cryptocurrency to record levels near $44,000 (08/02/2021 - Market Watch)
    Elon Musk's Tesla Inc. announces that it acquired $1.5 billion in bitcoins in January and said it could accept the world's No. 1 digital asset for payment in the future.
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  46. Interesting take on Tesla's recent BTC move by Coindesk's director of research Noelle Acheson (14/05/2021 - Reddit Stocks)
    Musk's comments on Bitcoin were a "four-dimensional chess move" Coindesk's director of research Noelle Acheson explains to Yahoo Finance why Elon Musk's recent comments regarding Bitcoin and sustainable energy were more layered than it may have initially appeared. Source: https://finance.yahoo.com/video/musks-comments-bitcoin-were-four-010125429.html I think she makes a very interesting case for why Tesla's move is both a positive for BTC as well as not a negative for Tesla. Essentially what she's saying is: Buying a Tesla with BTC was just a PR stunt in the first place. The whole idea about BTC (today) is that it's a store of value, so why would people want to buy a car with it? Plus anyone who really wants to do so can still sell his BTC for USD and buy the car that way. So (temporarily) disabling that option doesn't actually matter much at all for Tesla nor BTC. But, by removing this option because of sustainability concerns, they publicly put more emphasis on the environmental impact of Bitcoin and may encourage sustainable mining. After all, bad PR is bad for BTCs price and the profitability of the mining. Meanwhile, Tesla is still keeping their $1,5B worth of BTC on their balance sheet. They bought this because they wanted an asset that has a high liquidity, but doesn't suffer from inflation and preferably even has a potential ROI. Musk said they are not selling any, so their decision didn't change anything about their strategy. So all in all, this whole saga may help BTC to become more sustainable, while Tesla still has $1,5B worth of assets that is not diminishing due to inflation, has a potential ROI and can be liquidated at any time they require the funds.   submitted by   /u/Ehralur [link]   [comments]
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  47. ‘Dogefather’ Elon Musk tells when he would create his own cryptocurrency (16/05/2021 - Financial Express)
    "Doge speeds up block time 10X, increases block size 10X & drops fee 100X," Elon Musk had said comparing the 'joke' Dogecoin with Bitcoin.
    [visit article]
  48. Elon Musk sounds caution on cryptocurrency: ‘Don’t risk life savings, invest with caution’ (07/05/2021 - Financial Express)
    Tesla’s Elon Musk -- a long-time proponent of cryptocurrencies -- has sounded a note of caution for investors looking to gain from the boom in the prices of Bitcoin, Ethereum, Dogecoin and others
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  49. Crypto: Is bitcoin an uncorrelated asset? These stocks and funds boast correlations higher—and lower—than Coinbase (04/06/2021 - Market Watch)
    Crypto prices have mostly risen in 2021---despite a bout of volatility in recent weeks. And that price run-up has stoked intense interest among investors eager to gain some exposure to cryptographic assets like bitcoin
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