Remove tag bitcoin bubble
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Amex Inadvertently Confirms Ripple Blockchain Platform Plans

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New data from Greenwich Associates put a price tag on that effort: According to Bloomberg reports Tuesday (June 12), the financial services market spends an estimated $1.7 billion dollars every year on blockchain as banks and other companies emerge from proof-of-concept stage into market launches and commercial products. .”

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Data Dive: Up-And-Down Edition

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Bitcoin’s Wild Ride . Bitcoin started last week with a whimper and ended it with a bang. The week kicked off with bitcoin’s price crashing 25 percent in a single day over a missed software upgrade, and larger concerns about a looming bubble led to a sell-off. 13), bitcoin’s price had rallied to $6,400.

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Transcript: Stephen Suttmeier

Barry Ritholtz

I couldn’t help but notice that very quietly, a lot of cryptocurrency, most specifically Bitcoin hit new 52 week highs. Well, 00:40:21 [Speaker Changed] I can’t talk about Bitcoin. Forget Bitcoin anytime it’s talking 00:40:49 [Speaker Changed] About any, any type of asset, 00:40:51 [Speaker Changed] 52 week high.

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Transcript: Howard Lindzon

Barry Ritholtz

LINDZON: Cars Direct was like a hot late stage, end of the bubble era, where you could sell cars at a loss, but we’ll do it in volume. Like I was missing the whole internet bubble. Anyways, the bubble ends… RITHOLTZ: Cars Direct goes tank. And … RITHOLTZ: Hike it up a little bit. LINDZON: Yes, yes, yes. RITHOLTZ: Viva.

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