Bitcoin price looks on track to set a new all-time high for these 4 key reasons. Earlier today the price of Bitcoin (BTC) hit $18,815 on Binance for the first time in nearly three years. Following the breakout, BTC is on track to see a new all-time high in the near term for four significant […]
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Bitcoin’s network effect has forced traditional financiers to change their tune on the digital currency. A senior executive at BlockRock, the world’s largest asset manager, admits that Bitcoin (BTC) has become a permanent fixture in the global financial system, offering yet another tangible sign that the narrative surrounding digital currency has changed. Rick Rieder, BlackRock’s […]
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Jay Clayton is stepping down from his role as SEC Chairman at the end of the year, but before going he wants to set the record straight on the SEC’s opinion of Bitcoin. The outgoing SEC Chairman Jay Clayton, who oversaw the rejection of nine Bitcoin ETFs during his tenure, has told CNBC that “inefficiencies” […]
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“This is the death knell of Bitcoin. It was fun whilst it lasted. $3K here we come.” A bullish Brian Kelly of CNBC’s Fast Money said today that Bitcoin’s gains may extend to a full year after the halving — which many members of Crypto Twitter immediately took as a major sell signal. In a […]
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Billionaires have been increasingly accumulating Bitcoin in recent months as four main factors are making BTC increasingly attractive to money managers. Billionaires have been increasingly accumulating Bitcoin (BTC) in recent months. Following Paul Tudor Jones’ lead, hedge fund manager Stanley Druckenmiller became the latest billionaire to publicly disclose his Bitcoin investment. The performance of Bitcoin […]
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“If the gold bet works, the Bitcoin bet will probably work better.” American billionaire Stanley Druckenmiller has changed course on Bitcoin, saying it has the potential to store value for future generations. Speaking on CNBC today, Druckenmiller said that, although he was still more heavily invested in gold than crypto, he had purchased at least […]
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Select altcoins are moving higher as Bitcoin prepares for a renewed push to $16,000 This week Bitcoin (BTC) price nearly hit a new multi-year high at $16,000 and legendary investor Bill Miller told CNBC that the law of supply and demand favors BTC. While the supply is increasing by about 2.5% a year, “the demand […]
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Brad Garlinghouse said tech companies have an obligation to contribute to solving societal issues. Brad Garlinghouse, the CEO of blockchain-based payments firm Ripple, disagrees with Coinbase’s new policy restricting its employees from engaging in political discussions at work. Coinbase CEO Brian Armstrong first announced the ‘apolitical’ policy in a blog post on Sep. 27. He […]
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Abra’s CEO purportedly increased his holdings prior to Bitcoin touching new 2020 highs. The co-founder and CEO of major cryptocurrency company Abra is clearly bullish on Bitcoin (BTC). In an Oct. 23 tweet, Bill Barhydt, CEO of peer-to-peer payments platform Abra, claimed that he has significantly increased his Bitcoin holdings a few weeks ago. According […]
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Bitcoin remains in an uptrend but is facing signs of exhaustion above $13,200, suggesting that a minor correction could drag altcoins lower. Hot on the heels of Paypal’s crypto adoption, JPMorgan’s Global Markets Strategy division released a report detailing how Bitcoin (BTC) could offer “considerable” upside “if it competes more intensely with gold as an […]
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