Tulip Mania

As Bitcoin (CRYPTO: BTC) trades near $95,000, PayPal Holdings Inc. co-founder Peter Thiel‘s framework for identifying market bubbles offers crypto investors a timely analytical tool, drawing parallels between historical manias and current market dynamics. What Happened: Speaking at the Yale...

Guggenheim’s Chief Investment Officer turned bearish on cryptocurrency after Bitcoin’s drop to $30,000 on Wednesday. What Happened: Scott Minerd, chief investment officer at Guggenheim Partners, seemingly reversed his stance on crypto after Wednesday’s selloff as he took to...

Each week, Benzinga conducts an investing-focused survey to collect data on what traders and investors are thinking.  This week, we shifted our focus to the blockchain and the emerging market for non-fungible tokens (NFTs). We asked the following question to over 500 traders and investors...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1637, the infamous tulip bulb bubble reached its peak. Where Was The Market? The S&P 500 and the Dow Jones Industrial Average were nowhere to be found, and neither...

One of the greatest bubble stories in the history of financial markets dates back to the 1600s and is referred to as Tulip Mania. The price of fashionable tulips, highlighted by "Wall Street" character Gordon Gekko, soared in value astronomically before crashing down almost as quickly....