Tag Archives: Market News

As the bitcoin price languishes at $8,300, down more than 12% on the day, Fundstrat Co-Founder Thomas Lee has an unfortunate truth for crypto bulls. Lee does not believe bitcoin is a safe haven; in fact, quite the opposite as he forecasts that the S&P 500 will need to hit fresh highs this year before BTC can.S&P 500 May Be Bitcoin Price's Key FundamentalThe fundamental reasoning behind the strategist's claim is sound. He and his team at Fundstrat believe that retail investors, not...

Patrick Byrne, Overstock's former CEO, is cashing out of the company he built. | Image: AP Photo/Steve C. Wilson Ousted former CEO of Overstock, Patrick Byrne, revealed via a regulatory filing on Wednesday that he offloaded his entire holdings in the internet retailer he's been at the helm for since 1999. Byrne liquidated his entire holdings. | Source:...