Home Bitcoin News Trading the SPAC Slowdown, $1 Million Bitcoin, Art: Insider Investing

Trading the SPAC Slowdown, $1 Million Bitcoin, Art: Insider Investing

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SPACs and hedge funds 2x1

Brian Snyder/Reuters; Michael Loccisano/Getty Photos; Samantha Lee/Insider

Hey and welcome to Insider Investing. I am Joe Ciolli, and I am right here to information you thru what’s been occurring in markets. Here is what’s on the docket:

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Have ideas on the e-newsletter? Simply need to discuss markets? Be happy to drop me a line at jciolli@insider.com or on Twitter @JoeCiolli.

SPAC popularity in real esate tech world 2x1

Samantha Lee/Insider

issuance is down 90% from March as once-hot retail-investor demand wanes — and short-sellers have sure blank-check corporations firmly of their sights. We spoke to at least one SPAC skeptic about how he decides which ones to bet against, and one other investor shared arbitrage opportunities in the space.

Learn the complete tales right here:

Short sellers have ramped up their bets against SPACs. A hedge-fund manager breaks down his approach — and explains why he’s betting against a SPAC merger that has plunged 25% this year.

SPAC issuance is down 90% from March as retail interest disappears. A SPAC arbitrage investor breaks down why that means opportunity for enterprising investors — and shares 3 top picks on his radar.


REUTERS/Stephen Lam

Dan Held is the expansion lead at Kraken, the fourth largest crypto trade by buying and selling quantity. He first purchased Bitcoin at $10 and commenced to double down in 2014 after buying a “HODL” mindset. He explains how Bitcoin might hit $1 million by year-end — and as a bonus lays out what meme token Dogecoin is all about.

Learn the complete story right here:

The growth lead at crypto exchange Kraken breaks down how Bitcoin’s price might hit $1 million by the end of the year — and how Gen Z and millennials are driving Dogecoin’s explosive rally

Chelsea Nassib, CEO and co-founder of Tappan


On-line artwork platform Tappan Collective, which launched in 2012, noticed gross sales double in 2020 as on-line artwork gross sales surged. Co-founder Chelsea Nassib defined why Tappan is now allowing crypto payments and NFT certificates of authenticity. She additionally shared four art-investing tips to capitalize on the art boom and seven emerging artists to watch.

Learn the complete story right here:

A millennial founder who’s melding the physical art world with crypto shares 4 things investors need to know as online art sales hit record highs — and names 7 emerging artists to watch

joe biden us economic boom pandemic 2x1

The US economic system is poised to develop at its quickest tempo since 1984. With a restoration that brisk, anticipate loads of unusual developments over the subsequent few months.

Doug Mills-Pool/Getty Photos; Samantha Lee/Insider

Economists anticipate the US economic system to develop at its quickest tempo since 1984 this yr. Insider senior correspondent Aki Ito digs into what led to the boom, and what it means going forward for an American populace nonetheless feeling the distinctive results of a historic downturn.

Learn the complete story right here:

The US economy is barreling toward a boom — and it’s going to be bigger, faster, and weirder than you expect

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