Bitcoin is becoming an increasingly “institutional asset,” according to NYDIG’s CEO. New York Digital Investment Group has raised $150 million through two separate cryptocurrency investment funds, according to documents filed with the United States Securities and Exchange Commission on Nov. 24 and Dec. 1. The NYDIG Digital Assets Fund I raised $50 million, with the […]
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The market sentiment around Bitcoin is currently mixed, but one fund manager argues that BTC may soon see a new multi-month rally. The market sentiment around Bitcoin (BTC) is mixed as BTC price dropped almost immediately by 10% right after hitting its previous all-time high at $19,892 on Dec. 1. Nevertheless, some analysts and fund managers […]
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Mainstream news agencies are beginning to provide positive coverage of Bitcoin, acknowledging its proper significance as an asset as the US dollar nosedives. The U.S. Dollar Index fell sharply today, extending a 10 month losing streak that places it at the lowest point since April 2018. International news agency Reuters marked the occasion with a […]
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Forbes new list of 600 up and coming entrepreneurs aged below 30 features 10 representatives from the crypto and blockchain sectors. Ten of the youthful business leaders featured in this year’s Forbes’ 30 Under 30 list work in blockchain and cryptocurrency, highlighting increasing acceptance of the industry from the mainstream media. Despite its name, the […]
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Ether price has rallied 322% year-to-date and its $67 billion market cap now surpasses General Motors and CME Group. 2020 has been an impressive year for the Ethereum network and Ether (ETH) price. In November the Eth2 deposit contract quietly launched and before the end of the month the contract had reached capacity with 524,288 […]
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Shark Tank’s Kevin O’Leary said he was “not against Bitcoin” but would invest far more into the crypto asset if it were backed by regulators. Canadian businessman Kevin O’Leary, who appears on the reality TV show Shark Tank, has seemingly softened his stance on Bitcoin after speaking with Anthony ‘Pomp’ Pompliano. In an episode of […]
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Question: what kind of crypto is best? False — Bitcoin. The search for Satoshi Nakamoto may be nearing its end as Rainn Wilson, best known as Dwight Schrute from the U.S. version of the TV series The Office, has stepped up to the role as part of Bitcoin Tuesday. In a YouTube video posted as part […]
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He thinks he’s spotted a key differentiator, and old school crypto enthusiasts will likely agree. The cryptocurrency space has undergone a number of bull and bear markets since its inception in 2009. The crypto bull run in 2017 was one of the biggest years for the industry, hosting soaring digital asset prices and growth. Blockchain […]
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The ad is currently running online and on several major TV networks. Digital asset manager Grayscale is bringing back its controversial “drop gold” campaign just in time for the potential Bitcoin (BTC) bull market. CEO Barry Silbert tweeted Tuesday that the 30-second advertisement will be “running on major networks all over the country.” The commercial […]
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“For all the reasons it’s a strong developing asset class, it may fail,” said the former Goldman Sachs president. Gary Cohn, the former president of Goldman Sachs and former chief economic adviser to Donald Trump, believes that Bitcoin may not hold long-term prospects for investors. In an interview with Bloomberg released today, Cohn said that […]
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