Bitcoin Volatility Takes Investors On a Wild Ride

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Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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  • Bloomberg Technology published this video item, entitled “Bitcoin Volatility Takes Investors On a Wild Ride” – below is their description.

    May.19 — Bitcoin touched its lowest level since January before bouncing back later in the day, impacting cryptocurrency-exposed shares including Coinbase Global Inc, Marathon Digital Holdings and Riot Blockchain Inc. U.S. lawmakers raised concerns about the asset class of the moment and how the U.S. should police it. Bloomberg’s Ed Ludlow and Joe Weisenthal report.

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    Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software.

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    Coinbase, Inc. (Nasdaq: COIN) is an American cryptocurrency exchange platform that operates remote-first without an official physical headquarters. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam, and as of March 2021, was the largest cryptocurrency exchange in the United States by trading volume. Coinbase IPO’d on the Nasdaq exchange on 14 April 2021, via a Direct Listing, they carry the stock ticker COIN.

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