The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
Asset Manager Stone Ridge’s NYDIG Sees Wall of…
The founder of Stone Ridge Asset Management and the New York Digital Investment Group (NYDIG) sees a “wall of money” coming into bitcoin based on his firm’s order book. The executive believes that institutions are…
Guggenheim Investments Increases Bitcoin Fair Value Estimate —…
Guggenheim Global Chief Investment Officer Scott Minerd has increased his bitcoin fair value estimate. He now says that the price of the cryptocurrency could reach $600K based on his firm’s fundamental research. Guggenheim’s SEC filing…
Asset Manager Values Bitcoin at $500K, Expects BTC…
One River Asset Management’s CEO says his firm now holds bitcoin worth “well over” $1 billion. He revealed that the institutional interest in bitcoin is “astounding,” noting that almost all major institutions in the U.S.…
Crypto Asset Manager Bitwise Files to Publicly Trade…
On February 2, the crypto asset manager, Bitwise Asset Management, announced it had filed a Form 211 with the U.S. Financial Industry Regulatory Authority (FINRA). If the proposal is approved Bitwise will be able to…
Ethereum Nears All-Time High Despite Alarming Bearish Signals
Ethereum rose on Tuesday, partially because of its positive correlation with Bitcoin, the top cryptocurrency that also notched gains, and partially because the Chicago Mercantile Exchange will offer Ethereum Futures effectively from February 8, 2021.…
Bitcoin whale explains to Bloomberg why crypto volatility…
Bitcoin’s (BTC) violent price swings could become a thing of the past as institutional buyers with stronger hands continue to push the asset higher, according to a prominent crypto whale. Eric Peters, the founder and…
Crypto Economy Shaves $100 Billion, Digital Asset Markets…
Digital currency markets have dropped in value during the last two days as more than $100 billion was shaved off the entire crypto market valuation. Bitcoin slid to the lowest point of the year at…
Bitcoin price bounces above $32K as MicroStrategy buys…
Bitcoin (BTC) showed signs of a resurgence on Jan. 22 after a trip below $30,000 produced fresh buyer support. BTC price seals 8.5% daily bounce Data from Cointelegraph Markets and TradingView showed a stronger trading day…
World’s Largest Asset Manager Blackrock to Invest in…
Blackrock, the world’s largest asset manager with $7.81 trillion under management, is getting into bitcoin. The firm has filed with the U.S. Securities and Exchange Commission (SEC) for two of its funds to invest in…
Going long: 270K Bitcoin moved into storage in…
Despite surging prices, Bitcoin investors are rapidly locking up their BTC for the long-term, with 270,000 BTC being taken out of liquid supply in the last 30 days. According to data published by crypto market…
Bitcoin price searches for support near $35K, DeFi…
Bitcoin price is finding soft support at $35,000 after dropping 7.4% in the later hours of Jan. 19. According to Cointelegraph contributor Joseph Young, the correction was primarily the result of an overheated derivatives market…
All-time highs meet alt season: 5 things to…
Bitcoin (BTC) is almost unrecognizable as it starts the first working week of 2021, retaining the $30,000 support and hitting astronomical new highs. Hard to believe for hodlers, price action continues to wow as Monday…
All-time highs meet altseason: 5 things to watch…
Bitcoin (BTC) is almost unrecognizable as it starts the first working week of 2021, retaining $30,000 support and hitting astronomical new highs. Hard to believe for hodlers, price action continues to wow as Monday gets…
Goldman Sachs Calls Bitcoin ‘the Retail Inflation Hedge’…
Goldman Sachs’ head of commodities research calls bitcoin “the retail inflation hedge” and likens the cryptocurrency to copper. He says gold and bitcoin can co-exist and does “not see bitcoin’s rising popularity as an existential…
Who Are The Investors Backing Michael Saylor’s Big…
Software intelligence firm MicroStrategy made one of the boldest investment moves of the year when it invested $250 million into bitcoin, buying about 0.1 percent of the total supply in August. Its CEO, Michael Saylor,…
Asset Manager Ruffer Confirms $750 Million Bitcoin Investment…
Investment management firm Ruffer, with over $27 billion under management, has confirmed that its bitcoin investment now totals $750 million. A Ruffer spokesperson told news.Bitcoin.com that this was “primarily a protective” move for the firm’s…
No Need to Convince Shareholders – Microstrategy’s Investors…
Investment banker Ellie Frost has put out a Twitter thread showing that four of Microstrategy’s top 10 shareholders had already been bullish on bitcoin before Michael Saylor company’s big dive into the digital asset. According…
Every asset manager must understand Bitcoin — Erik…
Shapeshift CEO Erik Voorhees has drawn a metaphorical line in the financial sand, stating that every asset manager should understand Bitcoin now based on its astonishing rate of return. Voorhees made the comments while retweeting…
Blackrock CEO Larry Fink: Bitcoin Makes US Dollar…
The CEO of Blackrock, the world’s largest asset manager, said that bitcoin “can evolve into a global market.” Moreover, the cryptocurrency has a “real impact on the U.S. dollar,” making the need for the USD…
Blackrock’s Chief Investment Officer: Cryptocurrency Is Here to…
Blackrock’s Chief Investment Officer, Rick Rieder, said cryptocurrency, including bitcoin, “is here to stay.” In addition, he said bitcoin is a durable mechanism that could replace gold. Blackrock on Bitcoin and Gold Rick Rieder, Blackrock’s…
Blackrock CIO: Cryptocurrency Is Here to Stay, Bitcoin…
Blackrock’s Chief Investment Officer, Rick Rieder, said cryptocurrency, including bitcoin, “is here to stay.” In addition, he said bitcoin is a durable mechanism that could replace gold. Blackrock on Bitcoin and Gold Rick Rieder, Blackrock’s…
BlackRock CIO says ‘Bitcoin will take the place…
A senior executive at BlockRock, the world’s largest asset manager, admits that Bitcoin (BTC) has become a permanent fixture in the global financial system, offering yet another tangible sign that the narrative surrounding digital currency…
Bitcoin price will hit $65K as network effect…
Bitcoin (BTC) will hit $65,000 due to a combination of low supply and “tons of new buyers,” major investor Mike Novogratz says. In an increasingly popular Twitter debate on Nov. 17, Novogratz, who is well…
Bitcoin sees record 100 days above $10K as…
Bitcoin (BTC) has officially beaten a new record as BTC/USD trades above $10,000 for 100 days, and major gains should come next. As voting in the United States’ presidential election ended on Nov. 3, Bitcoin…
Ethereum Lagging Behind Bitcoin Could Demonstrate Altcoin Weakness
Ethereum spent the summer months easily dominating Bitcoin on the back of the DeFi bandwagon. Only recently when Bitcoin broke back above $12,000 with a more than $1,000 intraday candle to $13,000, has the trend…
‘Still so early’ — 7% of Americans have…
According to new data from Statista, only 7% of Americans have previously used Bitcoin (BTC). This means current investors in BTC are still in an early stage of growth. Dan Tapiero, the co-founder of 10T…
‘Shorts will be dead’ — Why Dan Tapiero…
In recent months, there has been a considerable spike in institutional demand for Bitcoin (BTC) following several high profile investments. Over time, asset manager and 10T Holdings co-founder Dan Tapiero believes this could lead to…
Surging Bitcoin futures volume highlights increasing institutional interest
On Oct. 12 Bitcoin price (BTC) pushed above $11,700 on Binance and data shows trading at derivatives exchanges also began to spike. According to data from Skew, CME Bitcoin futures open interest has started to…
Despite Crypto Rebound, This Analyst Still Expects $20…
Ethereum, aside from Chainlink, is the best performing cryptocurrency in the top ten by market cap. The top-ranked altcoin has had enjoyed a substantial rebound from bear market lows and surged all throughout 2020 on…
Bizarre Correlation Between Bitcoin Dominance And The Dollar…
Bitcoin just rocketed above $11,000 following the recent Square news, and DeFi tokens everywhere had a significant bounce. As well as Bitcoin has done, altcoins have outperformed the top crypto asset prompting another intraday fall…
Price analysis 10/5: BTC, ETH, XRP, BNB, BCH,…
A recent report by ARK Investment Management LLC presents a strongly bullish case for Bitcoin’s (BTC) future value. The group projects that Bitcoin’s network capitalization will rise to $1-$5 trillion over the next five to…
Bitcoin speculators hit all-time lows as Grayscale says…
Bitcoin (BTC) hodlers are beating out speculators in a sign that the cryptocurrency’s bull run is “just beginning,” data suggests. Part of asset manager Grayscale’s Valuing Bitcoin report issued this month, the Hodler vs. Speculator…
Bitcoin market index back to ‘fear’ on 91st…
Bitcoin (BTC) may be testing $10,000 but further losses would not be unusual, says an asset manager on the 90th anniversary of the Wall St. Crash. In a tweet on Sep. 4, Raoul Pal said…
Bitmex Restricts Ontario Residents as Mandated by Canadian…
Cryptocurrency derivatives exchange Bitmex will be restricting access to users from Ontario, Canada, starting the beginning of next month. The company says the restrictions are mandated by the Ontario Securities Commission (OSC). Bitmex Stops Servicing…
Bitcoin Futures Open Interest Targets Record as BTC…
Bitcoin (BTC) derivatives have returned to the spotlight this week as price moves appear to spark a surge in open interest. Data from on-chain analytics resource Skew showed open interest for CME Group’s Bitcoin futures…
Report Cuts China’s Bitcoin Mining Capacity to 50%…
A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the U.S. 14%. The data is in sharp contrast with earlier findings from the…
Bitcoin’s Active Supply Hits 19 Month Low —…
Bitcoin’s (BTC) active supply has hit a 19-month low of just over one million Bitcoin. This could signal a potential strong price increase if it plays out in line with the findings of a report…
China Controls 50% of Bitcoin Mining While US…
China controls much less Bitcoin (BTC) mining power than people think, according to a new survey. Released on July 16 by asset manager Fidelity and crypto research firm BitOoda, the survey reveals that China is…
First Mover: Pie Anyone? DeFi Pushes ETF-Style Investing…
Entrepreneurs in the white-hot arena of decentralized finance have used cryptocurrency technologies to build automatic systems that might someday challenge or even supplant traditional banks and exchanges. Now, DeFi is taking on the asset-management industry,…
Bitcoin 90-Day Active Supply Soars to Pre-2017 Bull…
A new report analyzing on-chain activity says that Bitcoin (BTC) is now due for a bullish phase based on supply movements. Published by asset manager Stack Funds on July 2, the findings suggest that 90-day…
CME Futures: Institutions Are Still Short on Bitcoin…
Bitcoin has found itself stuck in the $9,000s for weeks on end. Save for a few flashes of volatility, the cryptocurrency has traded within 10% of $9,000 for nearly two months now. Historical odds say…
Grayscale Buys 33% of All Bitcoin Mined in…
Grayscale Investments bought up to 33% of all newly minted bitcoin over the last three months, as the asset manager continues to stockpile major cryptocurrencies. The investment fund added 60,762 BTC to its Bitcoin Trust…