Both bitcoin and gold have a specific role to play in investors’ portfolios and, as such, bitcoin won’t take over gold’s market capitalization, nor will gold make the flagship cryptocurrency …
MoreCategory: Bitcoin
Crypto investment firm Arca files with SEC to set up a Bitcoin trust
Crypto investment firm Arca is moving ahead with plans to create a bitcoin trust, according to a Thursday filing published by the U.S. Securities and Exchange Commission (SEC). Arca’s trust would join …
More
Biggest Bitcoin Fund Sinks to a Discount as Traders Flee
The world’s biggest Bitcoin fund is selling off faster than the cryptocurrency itself. The $32 billion Grayscale Bitcoin Trust (ticker GBTC) has plunged 20% this week, outpacing a 13% decline …
More
Bitcoin Exchange Coinbase goes public. What does this mean for BTC / USD?
It is official. Bitcoin exchange Coinbase is going to become a public-traded firm. The US Securities and Exchange Commission (SEC) released Coinbase’s S-1 filing on Thursday, signaling that it has approved the …
More
Institutional Support Is Coming To Bitcoin
Now, in 2020 and 2021, the support seems to be coming from quasi-institutional forces — from high net-worth individuals to family offices for some of the most wealthy people on …
More
Five Signs That Say Altcoin Season Hasn’t Even Started Yet
Bitcoin has been trading at $50,000 and higher, reviving interest surrounding the cryptocurrency market and especially the altcoin sector. Ethereum and other top coins have all set new price records just as Bitcoin …
More
Baby Boomers and Gen X Invest in Bitcoin
Baby boomers and Gen X are piling into Bitcoin, and other cryptocurrencies, affirm the CEO of one of the world’s largest independent financial advisory and fintech organizations. The observation from Nigel Green, the …
More
Bitcoin whale from 2010 moves 100 BTC for first time in 11 years
A veteran miner has cracked open their 2010 stash of Bitcoin, with crypto analysts spotting 100 BTC being transferred from two wallets that had laid dormant for more than a …
More
Twitter CEO Jack Dorsey’s Square nets billions from Bitcoin sales
Square Inc, the payments giant run by Twitter Inc CEO Jack Dorsey, reported overnight that selling Bitcoin had managed to net the company around US$4.6bn in revenue in 2020. In an earnings report …
More
MicroStrategy buys another 19,452 Bitcoins worth about $1.026 billion
Further increasing their Bitcoin holdings, publicly-traded company MicroStrategy has now acquired an additional 19,452 Bitcoins worth about $1.026 billion. The company’s CEO Michael Saylor broke the news on Twitter and said …
More