A Malaysian Bitcoin exchange-traded-fund (ETF) will be the first insured fund to launch in the South East Asia (SEA) region. The launch comes as the first in the region, which sees …
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Institutions Prefer Bitcoin to Gold ETFs According To Bloomberg
A snapshot shared by Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, on Mar 8 points to convincing statistics showing an accelerated influx to Bitcoin in recent month. The Bitcoin …
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Stimulus Package Approval & Institutional Purchase In Asia Signals New Bullish Wave With Bitcoin
The weekend saw Bitcoin climb back above $50K. Though the period wasn’t action-packed, two main developments signaled a new bullish wave. Americans could in the next few weeks receive stimulus …
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Bitcoin Tycoon Mike Novogratz To Take Interest in Cardano
The CEO of digital asset merchant bank Galaxy Digital has expressed his curiosity in a recent tweet, asking Crypto Twitter about its bull case and use cases while questioning the size of the …
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Bitcoin ‘pushing aside’ gold as a store of value, according to Mike McGlone
A number of indicators suggest that Bitcoin (BTC) is pushing aside gold as the premier safe-haven asset. This could set the stage for wider mainstream adoption of the digital currency, …
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Norwegian Investment Firm To Allocate $ 58 Million for Bitcoin and Cryptocurrency
Aker ASA, a $6-billion Oslo Bors-listed holding company, is set to begin investing in Bitcoin. According to a press release issued on Monday, Aker has created a new company called Seetee AS …
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Chinese Tech Company Purchases Signal Asian Corporate Attention
The Chinese company Meitu announced on March 7 the purchase of 5,000 ETH and more than 379 BTC. The purchase, on Mar. 5, is part of an investment plan using cash …
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BREAKING: Bitcoin Rises To $ 51K Mark As US Senate Pass $ 1.9 Trillion Covid Aid Bill
At 17:24 UTC on Saturday (March 6), U.S. Senate Majority Leader Chuck Schumer announced that Senate Democrats had just managed to get passed a $1.9 trillion COVID-19 relief bill (“American Rescue …
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Goldman Sachs Survey: 34% Believe Bitcoin Will Reach $100K Next Year
A crypto-oriented survey compiled by the US multinational investment giant, Goldman Sachs, revealed that the general sentiment on bitcoin and other digital assets is primarily bullish. Nearly half of respondents, …
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Bitcoin is tens of thousands away from “overbought” territory
Bitcoin might gain further in value before hitting the overbought territory. A study dubbed “Staying Ahead of the Curve” released by the cryptocurrency exchange Kraken shows that the gains might come before the …
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