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First Mover: Bitcoin Meets 'Torrent' as Lowly Binance Coin Gets $40B Valuation

Cryptocurrency exchange Binance's in-house BNB tokens have shot to a $40 billion valuation, ranking them third among digital assets behind bitcoin and Ethereum's ether.

"Lots of liquid poured into a funnel creates a torrent," the bond-investing titan Jeff Gundlach wrote in a tweet, referencing bitcoin and the flood of stimulus money.
"Lots of liquid poured into a funnel creates a torrent," the bond-investing titan Jeff Gundlach wrote in a tweet, referencing bitcoin and the flood of stimulus money.