But some pundits think a price target of even $, is too modest. According to Forbes, a panel of 50 cryptocurrency experts sees a Bitcoin. CryptoSlam, which also tracks multiple blockchains, said the total was $ billion. bookmakersports.website, which tracks the ethereum blockchain. First, the profitability problem: disruption would be paradoxically unprofitable for Tesla sold some of its bitcoin, and since Musk's announcement. INTERNATIONAL FOREX BROKERS IN PAKISTAN BEST

Hedge funds are trading Bitcoin, which has big-name banks starting to offer them services around it. PayPal lets users buy crypto on its app, while Twitter helps people show appreciation for tweets by tipping their creators with Bitcoin. And in the latest milestone for the industry, an easy-to-trade fund tied to Bitcoin began trading on Tuesday.

Investors can buy the exchange-traded fund from ProShares through an old-school brokerage account — without having to learn what a hot or cold wallet is. Whether investors win or not is a big, bold question mark. Supporters of cryptocurrencies say they offer an important benefit for any investor: a price that moves independently of the economy, rather than changing with it like so many other investments.

Critics, meanwhile, question whether crypto is just a fad. They say it uses too much energy and point to all the stiff regulatory scrutiny around it. Nokia posted a forecast-beating rise in third-quarter net profit and now expects full-year margins to land at the top of its guidance range. Comcast said its third-quarter net profit doubled, boosted by strong revenue growth at its NBCUniversal media empire, which benefited from the Tokyo Olympics and an influx of returning visitors to its Universal Studios theme parks.

The Wall Street Journal reported that money manager T. The online marketplace eBay posted better-than-expected third quarter results, but provided a slightly disappointing fourth-quarter outlook. Drug maker and animal-health company Merck reported third-quarter profit and revenue that rose above expectations and provided and upbeat full-year outlook. Twilio projected a wider loss for the December quarter than Wall Street expected. Cryptocurrencies gained Thursday, with bitcoin up 4.

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