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 …
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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 …
MoreBaby 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 …
MoreMicroStrategy 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 …
MoreMichael Saylor estimates there will be 1 billion people investing in BTC by 2026
The CEO told CNBC’s Squawk Box segment that BTC would be the savings method of choice for about one billion people on a mobile device within five years. He added that bitcoin …
MoreSwedish regulators warn consumers against crypto amid falling markets
Sweden’s financial regulator, Finansinspektionen, or FI, has issued a fresh warning to retail traders about the high risks and low consumer protections associated with crypto-related investments. In an announcement published on …
MoreBitcoin To Fall 10% In Selloff
Bitcoin was trading at $48,252.5 by 09:35 (14:35 GMT) on the Investing.com Index on Tuesday, down 10.03% on the day. It was the largest one-day percentage loss since February 23. The …
MoreBlow to Bitcoin Haters as Tether & Bitfinex Settle with New York Attorney General
New York Attorney General Letitia James made an announcement Tuesday about reaching a settlement agreement with iFinex, the parent company of Bitfinex, and Tether, which puts an end to a 22-month legal battle. …
MoreCoinbase Whale Accumulation Might Prevent Bitcoin Dropping Below $44K
Bitcoin prices have recovered somewhat since yesterday’s flash crash drove them into the ground temporarily, but metrics from Coinbase suggest there could be a $44k bottom due to whale accumulation.
MoreBill Gates: “Bitcoin Is Only for Billionaires Like Elon Musk”
According to Microsoft co-founder Bill Gates, you shouldn’t touch Bitcoin if you are not as rich and “sophisticated” as Tesla CEO Elon Musk: The fourth-richest person in the world took …
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