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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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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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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Institutions & miners to accumulate through Bitcoin chop. Whales uncertain
After a violent price reversal last week that saw Bitcoin retreat from all-time highs, traders and analysts are now eyeing major players and investors to gauge BTC’s next move — …
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South Korean Government Will Levy Taxes On Bitcoin Capital Gains Starting 2022
According to South Korea’s amended income tax law, cryptocurrency investors will pay 20 percent tax on profits from digital currencies. As cryptocurrencies continue to pick up steam and encompass the …
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Square CFO: 1 Million Cash App Users Purchased BTC for the First Time
Square, Inc.’s chief financial officer Amrita Ahuja said the company’s popular Cash App product recorded a record number of first-time bitcoin buyers in January. Speaking in an interview with CNBC on Wednesday, …
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