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…
JP Morgan Gives 3 Reasons to Add Bitcoin…
JP Morgan has outlined three key reasons why investors should add bitcoin to their investment portfolios. Small allocations to cryptocurrencies would “improve portfolio efficiency due to high returns and moderate correlations,” JPMorgan’s analyst explained. JP…
Will the Price of Bitcoin Crash? Uncertainty Looms…
After several failed moves toward $40,000, the price of Bitcoin’s path forward seems to be a bit unclear. For some, though, the stall around the $35K mark is nothing more than another bump in the…
Bitcoin Bounces as Options Market Sees 20% Chance…
Bitcoin’s recovery from Monday’s low is gathering pace, with the options market pricing in a double-digit probability of an above $50,000 by the month-end. The leading cryptocurrency by market value is currently trading at $38,300,…
Money Reimagined: Bitcoin’s Road to Gold
I won’t do that again. Money Reimagined goes on break for three weeks, and what happens? Bitcoin soars 82%. More than 54,000 Americans die of COVID-19. And, oh yeah, an insurrection happens in Washington, D.C.…
JPMorgan Predicts $146K Bitcoin Price as Competition With…
JPMorgan’s analysts have made a case that bitcoin’s price could reach $146,000 as the cryptocurrency’s competition with gold heats up. Meanwhile, the firm’s global strategist sees the current bitcoin bull run as being similar to…
Why Crypto Crosses ‘The Chasm’ in a Post-Coronavirus…
It is often said that Julius Caesar brought the Roman Republic to an end when he crossed the Rubicon River with the 13th Legion of the Roman Republican Army on Jan. 10, 49 BC, starting…
JP Morgan Analysts Explain Why Bitcoin Price is…
Bitcoin has plunged by almost 9 percent after establishing its new record high near $20,000 last week. And a team of quantitative strategists at JP Morgan & Chase believes that gold is behind the flagship…
Standard Chartered to Launch Crypto Custody Service for…
SC Ventures, the innovation and ventures unit of Standard Chartered, will launch a crypto custody service targeting institutional investors in London next year. According to a Dec. 9 press statement, the British bank is partnering…
Bitcoin price risks losing ‘critical technical level’ as…
U.S. stocks have started to correct as worries surrounding the pandemic are mounting. Meanwhile, theBitcoin (BTC) price has pulled back below $18,800 on Dec. 8 after struggling to break resistance at $19,500. The daily price…
Bitcoin price risks losing critical technical level as…
U.S. stocks have started to correct as worries surrounding the pandemic are mounting. Meanwhile, theBitcoin (BTC) price has pulled back below $18,800 on Dec. 8 after struggling to break resistance at $19,500. The daily price…
Russia’s Biggest Bank Sberbank Unveils Crypto Plans to…
The largest bank in Russia, the state-owned Sberbank, has reportedly unveiled its crypto plans as the country is set to begin regulating the industry in January. Sberbank’s CEO says the bank may issue its own…
Bitcoin price hits new all-time high as crypto…
Bitcoin (BTC) price has officially reached a new all-time high on Dec. 1 above $19,892 after nearly three years, according to data from Coinbase and Tradingview. BTC/USD weekly chart (Coinbase). Source: Tradingview.comDespite the Thanksgiving crash…
Bitcoin market cap hits new all-time high and…
Amid an ongoing parabolic bull run, Bitcoin (BTC) is breaking another major milestone in terms of its market capitalization against American banking giant JPMorgan. On Nov. 24, Bitcoin surpassed the $19,000 price mark for the…
Bitcoin market cap hits new all-time high and…
Amid an ongoing parabolic bull run, Bitcoin (BTC) is breaking another major milestone in terms of its market capitalization against American banking giant JPMorgan. On Nov. 24, Bitcoin surpassed the $19,000 price mark for the…
SEC Chairman Jay Clayton Explains US Crypto Regulation,…
The chairman of the U.S. Securities and Exchange Commission (SEC) has explained how the U.S. government is regulating cryptocurrency. He calls bitcoin a store of value, noting that its rise is driven by the inefficiencies…
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…
Big Tech Execs and Bitcoin: Skype Cofounder Keeps…
This week two well known tech executives revealed they have been dabbling in bitcoin and other cryptocurrencies. In a recent interview, Skype cofounder Jaan Tallinn detailed that he held bitcoin and ethereum in his personal…
Imploding Trump Pelosi COVID-19 deal leads to 3%…
The price of Bitcoin (BTC) dropped 3% in less than three hours as the U.S. stock market plummeted. Following the pullback, most traders are neutral or slightly bearish on the short-term trend of BTC. Traders…
First Mover: Bitcoin Steady Over $13K as JPMorgan…
Bitcoin was higher, appearing to hold above $13,000 for the first time since January 2018. But the most drama in crypto markets came after an exploit of the decentralized finance protocol Harvest Finance sent the…
First Mover: Bitcoin Steady Over $13K as JPMorgan…
Bitcoin was higher, appearing to hold above $13,000 for the first time since January 2018. But the most drama in crypto markets came after an exploit of the decentralized finance protocol Harvest Finance sent the…
JPMorgan turns bullish on Bitcoin citing ‘potential long-term…
JPMorgan, the $316 billion investment banking giant, said the potential long-term upside for Bitcoin (BTC) is “considerable.” This new optimistic stance towards the dominant cryptocurrency comes after PayPal allowed its users to buy and sell…
Bitcoin’s Intrinsic Value: Crypto Community Responds to Bank…
Bitcoin’s intrinsic value has been heavily discussed in the crypto community this week following a remark by the governor of the Bank of England suggesting that the cryptocurrency may have no intrinsic value. Does Bitcoin…
Bitcoin News Roundup for Oct. 14, 2020
With bitcoin traders eyeing $12K and Litecoin pivoting to privacy, CoinDesk’s Markets Daily is back for your latest crypto news roundup! Bitcoin’s record hashrate indicates fundamentals are stronger than ever, according to Skew Markets. Other payment…
5 Major Banks Exposed for Moving Trillions for…
According to the International Consortium of Investigative Journalists (ICIJ), five major global banks have been exposed funneling trillions of dollars in criminal funds in the recently leaked FinCEN Files. The massive leak is 2,100 documents…
Investors Dollar-Cost Averaging Bitcoin Since 2017 Made a…
Researchers at Coin Metrics found that investors who dollar-cost averaged into Bitcoin (BTC) since the $20,000 peak in 2017 would still be profitable. According to researchers, an investor who continuously bought BTC over the past…
How a Fragile Monetary System Could Influence Bitcoin…
The economic events seen throughout 2020 have helped Bitcoin secure its position as both a currency and a store of value. To thwart the effects of immense economic turbulence resulting from the ongoing pandemic, central…
‘Fireworks Are Coming’ — FX Markets Will Boost…
Max Bronstein, who works on the Institutional Coverage team at Coinbase, believes “fireworks” are coming to the global currency market. What’s more, a spike in volatility of currencies might largely benefit the price of Bitcoin…
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…
Market Wrap: Bitcoin Drops, Then Pops as Traders…
Bitcoin took a hit Monday, only to recover as many market participants see price weakness ahead. Bitcoin (BTC) was trading around $9,426 as of 20:00 UTC (4 p.m. ET), gaining less than a percent over…
Bitcoin Price Near ‘Monster Move’ After Weeks of…
The price of Bitcoin (BTC) has seen low volatility throughout the past six weeks, hovering in the $9,300 to $9,900 range for most of the time. This has led traders to warn that it is…
$90M Daily? What Would It Mean to Sustain…
Industry executives and famed technical analysts including Morgan Creek CEO Mark Yusko and trader Peter Brandt predict Bitcoin (BTC) to reach $100,000 in the long-term. For that to happen, the top cryptocurrency needs to see…
US Real Estate Crisis: Home Sales Plunge to…
The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage…
Market Wrap: Bitcoin’s Price Is Rising Despite a…
Bitcoin's price is starting to make gains after what turned out to be a rather dull halving event. With daily active bitcoin addresses at the highest level since 2018, interest in bitcoin could be heading…