Fixed-income manager PIMCO is planning to increase its exposure to digital currencies such as Bitcoin after dabbling in the asset class through crypto-linked securities, offering the latest evidence that major …
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Bitcoin futures ETF becomes second-biggest launch with about $1B worth of volume on the 1st day
ProShares’ Bitcoin futures exchange-traded fund (ETF) is exploding onto the market with the second-biggest ETF launch of all time. Eric Balchunas, a senior ETF analyst at Bloomberg, says on Twitter …
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Mind-blowing 99.7% of all Bitcoin (BTC) holders are now in profit
The most recent data from Glassnode suggests that almost 100% of all Bitcoin traders and investors are now in profit. With Bitcoin coming closer to the previous all-time high, there are now almost no entities …
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Carl Icahn: “Bitcoin could be an inflation hedge if Fed’s money printing continues”
On Monday (October 18), billionaire activist investor Carl Icahn, the Chairman of American conglomerate Icahn Enterprises, shared his thoughts on the state of the markets, inflation, and potential use of Bitcoin as a …
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“All bears will die.” Bitcoin (BTC) metric prepares to flip green for the first time in 6 months
A “favorite” Bitcoin price signal could be about to turn bullish — and upside has always resulted, data shows. As noted by podcast host Preston Pysh on Oct. 18, the Long-Term & …
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According to President Nayib Bukele, El Salvador prefers Bitcoin (BTC) over the US dollar
El Salvador is on a mission to popularize the use of Bitcoin within the country’s borders and it may be reaching its goal, one citizen, at a time. According to …
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Jack Dorsey: “Payments giant Square is exploring the possibility of building a Bitcoin mining system”
Square chief executive Jack Dorsey says the payments firm is exploring the possibility of building a Bitcoin (BTC) mining system. Dorsey tells his 5.7 million Twitter followers that if Square were to …
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The first Bitcoin futures-linked ETF ProShares to debut on NYSE on October 19
The first Bitcoin futures-linked exchange-traded fund in the United States, ProShares’ Bitcoin Strategy ETF, will begin trading on the New York Stock Exchange on Tuesday under the ticker BITO. ProShares …
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El Salvador went all-in on Bitcoin. Will other countries follow?
Since the announcement that El Salvador would establish bitcoin as legal tender in June, speculation has swirled around which other countries may follow suit. Some believe El Salvador’s hasty rollout …
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Cynthia Lummis on US debt limit raise: “Thank God for Bitcoin”
Amid the United States President Joe Biden signing legislation to raise the government’s debt limit to $28.9 trillion, Senator Cynthia Lummis said that Bitcoin is a blessing of God. Senator …
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