Tesla CEO Elon Musk has revealed for the first time that his firm SpaceX owns Bitcoin (BTC). The company is yet to officially announce how much Bitcoin it has purchased, …
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Bitcoin reclaims $32,000 after substantial pump
BTC is following a shorter-term descending resistance line. If it can break out above this line, it could be the catalyst for a sharp upward move. BTC increased significantly on …
MoreElon Musk: “I own Bitcoin, Ethereum and Dogecoin”
Elon Musk has shared more information about his personal crypto portfolio and that of his aerospace company – SpaceX – during a discussion with Twitter’s Jack Dorsey at the ongoing …
MoreJack Dorsey, Elon Musk & Cathie Wood will perform live during Bitcoin conference
The Bitcoin-centered conference “The ₿ Word” has been confirmed for this week, as well as entrepreneur Elon Musk’s attendance. Musk, the CEO of Tesla, will participate in a live discussion …
MoreJ.P. Morgan’s wealth management CEO confirms most clients view BTC as an asset class
J.P. Morgan’s head of wealth management, Mary Callahan Erdoes, has said clients are increasingly viewing Bitcoin as an asset class to invest in. Speaking to Bloomberg, Erdoes noted that the banking giant’s goal is to …
MoreRobinhood: “Bitcoin is our most-traded cryptocurrency ahead of IPO”
t’s probably no surprise, but Robinhood said bitcoin was the most-traded cryptocurrency on its trading platform in 2020. In fact, bitcoin hit over $54 billion in daily average market volume …
MoreRothschild Investment Corp has increased its Bitcoin (BTC) exposure by 300% since April
Billion-dollar investment firm Rothschild Investment Corp quadrupled its exposure to Bitcoin (BTC) since April, new records show. In a filing with the United States Securities and Exchange Commission (SEC) on Saturday, Rothschild …
MoreBitcoin (BTC) is not in bear market, CryptoQuant data shows
CryptoQuant analytics firm has published a tweet that says that the flagship digital currency Bitcoin is not in a bear market now, unlike what many people think. The Bitcoin MVRV ratio …
MoreBitcoin (BTC) to crash below $30K; On-chain data suggests accumulation is brewing
Despite Bitcoin crashing below $30,000 for the first time in one month, on-chain metrics suggest whales may be steadily accumulating BTC. According to Glassnode’s July 19 “The Week On-Chain” report, the …
More50% of crypto experts expect Bitcoin (BTC) to overtake global finance by 2040
A section of cryptocurrency experts have shown optimism that Bitcoin will replace central bank-issued fiat currency by 2040 in a process called ‘hyperbitcoinisation.’ According to a survey by finance platform Finder.com, 50% of the …
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