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Watch this space: Volatility is bitcoin s main attraction, says enthusiast

Watch this space: Volatility is bitcoin s main attraction, says enthusiast Reuters 2 hrs ago April 21 (Reuters) - Bitcoin s volatility is its main attraction and not a bug, as that is what gives the cryptocurrency its exponential rises, ex-Goldman Sachs bitcoin enthusiast Raoul Pal said. People have to learn to adapt to an asset that is that volatile. it has such a big upside risk-reward skew, Pal, founder and CEO of Real Vision, told the Reuters Global Markets Forum on Wednesday. The Cayman Islands-based former hedge fund manager said he had a diversified crypto assets portfolio to cover exchanges, decentralised finance (DeFi) and community tokens.

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Watch this space: Volatility is bitcoin s main attraction, says enthusiast

Watch this space: Volatility is bitcoin s main attraction, says enthusiast
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Retail investors accelerate Volkswagen s U S share spike

U.S. retail investors are buying the American depositary receipts of German automaker Volkswagen AG, some market participants said, accelerating a rally spurred by well-received VW announcements on its efforts to overtake Tesla Inc in the electric vehicles market.

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GameStop leads meme stocks lower, on track for sharp weekly drop - Netscape Money & Business

GameStop leads meme stocks lower, on track for sharp weekly drop - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

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GameStop leads meme stocks lower, on track for sharp weekly drop

By Reuters Staff 1 Min Read FILE PHOTO: GameStop logo is seen near displayed stock graph in this illustration taken February 2, 2021. REUTERS/Dado Ruvic/Illustration (Reuters) - Shares of GameStop Corp slid further in early trade on Tuesday, continuing a slump that has seen the videogame retailer’s stock shed a third of its value so far this week. The company’s shares were down 16.4% at $184, on track for their worst weekly performance since early February, with a drop of more than 30% since Friday’s close. Other so-called meme stocks, popular with online retail traders, declined early in Tuesday’s session, with cinema operator AMC Entertainment Holdings Inc down 8.6%, while headphones maker Koss Corp fell 7.1%.

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