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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Why institutional investors are not worried about Bitcoin price
Bitcoin has been on a virtually unstoppable rally since October 2020, with the cryptocurrency touching an all-time high of over $58,000 a few weeks ago. At press time, however, the …
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Most of the New Bitcoin Buyers Didn’t Panic Sell in 2021
Which team are you, Weak Hanks or Diamond Hands? Glassnode found that most of the Bitcoin buyers in 2021 hodled their coins during the correction. The morale among bitcoin hodlers …
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Bitcoin Explodes Above $50,000 as Total Market Cap Adds $100B In 24 Hours
Bitcoin has added $3,000 since yesterday’s low and has overtaken $50k. Ethereum’s 6% increase has driven ETH to nearly $1,700. After flirting with the coveted $50,000 price tag, BTC has …
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MicroStrategy Rejects Market Uncertainty And Buys Another Bitcoin Dip
MicroStrategy, a software company that’s been making headlines for its aggressive Bitcoin purchases, has made another $10 million purchase after Thursday’s market uncertainty. As announced by CEO Michael Saylor, the company purchased …
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