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…
Bitcoin vs Gold: Where are Institutions Putting Their…
Analysts have long tried to imply a strong connection between Bitcoin and gold as safe-haven investments in times of trouble. In theory, this works, as both the crypto asset and the precious commodity are used…
Record-high Bakkt Bitcoin delivery exposes institutional frenzy for…
Data from Arcane Research shows Bakkt Bitcoin exchange saw another record-high month from Sept. 20 to Oct. 20. This follows a noticeable rise in institutional demand for Bitcoin (BTC) from public companies in recent months.…
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…
Stone Ridge’s 10k Bitcoin Bet Shows Changing Sentiment…
New York-based asset managers Stone Ridge confirms 10k Bitcoin ($115 million) holding in its treasury. Stone Ridge purchased the Bitcoin via subsidiary firm New York Digital Investment Group (NYDIG), one of the few companies with…
Bitcoin volume unaffected by Tether’s (USDT) market dominance…
Tether’s (USDT) stablecoin has been the leading base pair for cryptocurrencies for over eighteen months. This is a rather impressive feat given the ongoing court case with the New York Attorney General and the other…
The Hard Forks That Didn’t Dilute Bitcoin
Some time ago, one of the more thoughtful critiques of Bitcoin went a little like this: “Sure, bitcoin is scarce in its supply, but since it’s effectively costless to clone the software and fork it,…
Bitcoin Balances on Exchanges at 2-Year Low and…
The balance of bitcoin on major exchanges has hit its lowest levels since November 2018. Yet unlike that time, when bitcoin was in the depths of the crypto winter, some see this current spate of…
Grayscale Investments Scooped Up Over 17,000 BTC in…
During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4.7 billion. The…
Decoupling? Bitcoin vs. gold ratio snaps out of…
Bitcoin (BTC) may soon “decouple” from traditional assets, says statistician Willy Woo as a key gold relationship breaks out of a long-term downtrend. In a tweet on Sep. 25, Woo forecast that Bitcoin would act…
MicroStrategy CEO Assures Bitcoin Holders He Will Not…
MicroStrategy CEO Michael Saylor has directly addressed concerns that he will dump Bitcoin at the first opportunity. In a tweet sent yesterday, Saylor sought to reassure the Bitcoin community by saying he is in it…
Crypto Roundup: September 21st, 2020
Bitcoin is back in the driving seat. The leading crypto has made 2.5% gains over the past week, pushing the crypto market upwards as sentiment shifts in favor of the bulls. The move comes on…
Bitcoin Skeptic Turns Bitcoin Bull: Billion Dollar Company…
Nasdaq-listed company Microstrategy recently bought almost 17K bitcoins within 74 hours, costing about $175 million. The CEO of this billion-dollar company used to be a bitcoin skeptic but has recently become a bitcoin bull when…
World’s largest sovereign wealth fund indirectly holds almost…
The Norwegian Government Pension Fund, also known as the Oil Fund, has over $1 trillion in assets, including 1.4% of all global stocks and shares. It is considered the world's largest sovereign wealth fund. According…
Grayscale CEO Quips About Bitcoin Buying Race With…
Michael Saylor, the Founder of MicroStrategy, said, so far, he has spent a total of $425 million buying Bitcoin. In a recent tweet, Saylor mentioned his firm had just purchased approximately 17k BTC. Including previous…
‘Other companies will follow’ — MSTR stock up…
The Nasdaq-listed firm MicroStrategy (MSTR) is continuing to purchase hundreds of millions of dollars worth of Bitcoin (BTC), resulting in its company stock price to gain over 9% on Sep 16. MSTR stock recovers to…
‘Gold is dangerous’: Why Jim Cramer will invest…
Recently, Jim Cramer, the host of CNBC’s Mad Money, says he might invest 1% of his net worth in Bitcoin (BTC). The famed investor drew comparisons between BTC and gold and cited the importance of…
Nasdaq-Listed Microstrategy Raises Bitcoin Holdings to $425 Million…
Billion-dollar public company Microstrategy Inc. has bought 16,796 more bitcoins. The company has purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million. Microstrategy’s Bitcoin Investments Microstrategy Inc. (NASDAQ: MSTR) has…
MicroStrategy Buys Massive 0.1 Percent Of Total Bitcoin…
In the midst of massive quantitative easing, a global pandemic and uncertainty for the future of the U.S. dollar, a whopping 21,454 BTC was just swiped off the market by intelligence and mobile software company…
Crypto Long & Short: The Surprisingly Sunny Outlook…
Every epic tale needs a tragic hero, and one of the top candidates for that role in this century’s dramatic passage so far has to be the hedge fund manager. Toppled from their masters-of-the-universe pedestal…
MicroStrategy Buys 0.1 Percent Of Total Bitcoin Supply
In the midst of massive quantitative easing, a global pandemic and uncertainty for the future of the U.S. dollar, a whopping 21,454 BTC was just swiped off the market by intelligence and mobile software company…
Invest 3% in Bitcoin to Avoid COVID-19 Lockdown…
Coronavirus lockdowns will force people out of fiat currency and into gold and Bitcoin (BTC), the CEO of cryptocurrency asset manager BitGo has warned. In a series of tweets on Aug. 12, Mike Belshe strongly…