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13-Apr-2020 08:48

Now that bitcoin has broken through ,500, "there's a very strong chance that it's going to zero in on the ,000 level, which is going to create a massive amount of retail awareness in Bitcoin," Schlossberg said Wednesday on CNBC's "Trading Nation." "I'm going to be watching that very carefully to see how it trades over the next day or two," he added.

Schlossberg said in an interview with CNBC earlier this month that he considers bitcoin a wise hedging play for equity investors. Dollar Tree earnings Dollar Tree is set to report earnings before Thursday's opening bell, and Schlossberg will be closely watching the quarterly results, as "it's one of those retailers that seems to be immune to the Amazon effect." "As a matter of fact, it's one of those retailers that is actually expanding its store base, and I'm going to be watching not only their earnings to see how well they've done this quarter, but to see if they're really going to increase their store base over the next coming quarters," he added.

Bitcoin bonanza Bitcoin surged to yet another all-time high in late Wednesday trading, crossing the ,500 mark for the first time, according to Coin Desk data.

The volatile digital currency has now roughly doubled in the past month, and Schlossberg sees further upside for the currency that's enjoyed a "parabolic" rise.

"It's going to be very interesting to see if they're going to be able to issue a statement that will curtail production and make sure that oil remains above that a barrel level as we go forward," he said.

Oil settled slightly lower on Wednesday ahead of the meeting.

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But if you’re looking to switch it up this year, Woodford Reserve will also be serving a new drink called the Woodford Spire that you can recreate at home using the recipe.Turns out when you’re serving cocktails in highly-coveted limited-edition cups that also raise money for charity, the sky’s the limit.Ever since Woodford Reserve started the

But if you’re looking to switch it up this year, Woodford Reserve will also be serving a new drink called the Woodford Spire that you can recreate at home using the recipe.

Turns out when you’re serving cocktails in highly-coveted limited-edition cups that also raise money for charity, the sky’s the limit.

Ever since Woodford Reserve started the $1,000 Mint Julep Cup program, they have raised over $450,000 for charity.

This year, the effort raises money for the Jennifer Lawrence Arts Fund, which the Kentucky-born actress founded in 2016 to help provide access to the arts for children in the Greater Louisville area.

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But if you’re looking to switch it up this year, Woodford Reserve will also be serving a new drink called the Woodford Spire that you can recreate at home using the recipe.Turns out when you’re serving cocktails in highly-coveted limited-edition cups that also raise money for charity, the sky’s the limit.Ever since Woodford Reserve started the $1,000 Mint Julep Cup program, they have raised over $450,000 for charity.This year, the effort raises money for the Jennifer Lawrence Arts Fund, which the Kentucky-born actress founded in 2016 to help provide access to the arts for children in the Greater Louisville area.

,000 Mint Julep Cup program, they have raised over 0,000 for charity.This year, the effort raises money for the Jennifer Lawrence Arts Fund, which the Kentucky-born actress founded in 2016 to help provide access to the arts for children in the Greater Louisville area.

This year’s cups are designed by local Kentucky jeweler From The Vault and feature a thoroughbred horse, jockey, a single rose and a bottle of Woodford Reserve.

The ,500 gold-plated “Commonwealth” cups also sold out.