Hedge fund heavyweight Cathie Wood of ARK Invest says U.S. Treasury Secretary Janet Yellen doesn’t understand cryptocurrencies and Bitcoin. In a new video, Wood addresses Janet Yellen’s recent assertion that Bitcoin is …
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On-Chain Data Shows Bitcoin Whales Bought the Dip
On Feb 28, the Bitcoin price cratered below $44k, forcing some traders to liquidate their positions and book profits. Amid the panic, whales were buoyant and confident, scooping BTC at …
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Jurrien Timmer Thinks Bitcoin Has ‘Unique Advantage’ Over Gold
As Bitcoin goes mainstream, joining the ranks of its supporters is Jurrien Timmer, the director of Global Macro at Fidelity, a large financial services company that controls more than $3.3 …
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Banking giant Goldman Sachs to Trade Bitcoin Futures
Goldman Sachs, one of Wall Street’s biggest banks, has decided to give its cryptocurrency trading desk another go, according to a March 1 Reuters report. It will start trading Bitcoin futures as …
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Bitcoin price hits $50K after bullish outlook from Citigroup and Goldman Sachs
On March 1 cryptocurrency investors woke up to the sight of Bitcoin (BTC) rising from it weekend correction to $44,000 as the market found its bullish momentum and altcoins rebounded …
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Citi: Bitcoin at ‘Tipping Point’ as Institutions Come on Board
Bitcoin is at the “tipping point of its existence” thanks to large institutional investment and growing regulatory groundwork, according to a new report by Citi obtained by CoinDesk. While the …
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The government of Belarus is exploring the possibility of switching to crypto-mining
Belarus is studying the cryptocurrency industry for a potential move into mining digital coins like Bitcoin (BTC). The Ministry of Energy of the Republic of Belarus officially announced Friday that it …
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Bridgewater analyst: Bitcoin is an alternative to gold, not a currency
Rebecca Patterson, the director of investment research at Bridgewater Associates, said bitcoin could be better compared to gold than a currency due to the similarities between both assets, thus, supporting …
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Shark Tank’s Kevin O’Leary Reverses Stance on Bitcoin, Says Crypto Is Here to Stay, Invests 3% of His Portfolio
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has begun investing in bitcoin. Having previously called the cryptocurrency “garbage,” he has now changed his mind and believes that cryptocurrencies are …
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Dubai crypto fund sells $ 750,000,000 in Bitcoin To Buy Two Altcoins
A crypto investment firm with $1 billion in assets under management is selling Bitcoin to boost its position in two of the largest altcoins by market cap. Managing director Prakash …
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