Global investors cut gold exposure in favor of Bitcoin, but does the digital coin have any chance to cannibalize gold? Bitcoin’s (BTC) parabolic surge in 2020 will not hurt major traditional assets like gold, according to Goldman Sachs. One of the world’s biggest investment banks, Goldman Sachs reportedly sent a note to investors, reassuring its […]
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Popular rapper Megan Thee Stallion has teamed up with Square’s Cash App to launch a $1 million Bitcoin giveaway on Twitter in partnership with Square’s Cash App. Cash App, the Bitcoin-friendly payments application from U.S. financial services company Square, has teamed up with Grammy-nominated rapper Megan Thee Stallion on a $1 million Bitcoin giveaway. Megan […]
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“There is a distinct possibility that we may see some days of 250% gains, or even more.” In a newsletter released today, the Quantum Economics founder said Bitcoin’s recent rally past $23,000 — a gain of roughly 29% in a week — didn’t necessarily mean the market was “overheating” and heading for a crash like […]
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Another institutional financier has come out with a bold Bitcoin prediction. Bitcoin’s (BTC) parabolic rally is only just getting started, according to Nigel Green, founder and CEO of the Dubai-based financial advisory firm deVere Group. In an article that was published to Newsmax on Thursday, Green boldly proclaimed that Bitcoin will have another “record-breaking year” […]
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The fourth investment of the year from the Stellar Development Foundation has gone into Settle Network, a Latin American stablecoin and payments provider. The Stellar Development Foundation has invested Settle Network, the largest digital assets settlement network in the Latin American region. It marks the fourth investment this year from the SDF enterprise fund, bringing […]
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Bitcoin’s trajectory towards $100,000 is more real than ever, data shows, while one naysayer warns that the market is $11,000 overvalued. Bitcoin (BTC) is following price predictions exactly and not making investors wait longer for gains this bull cycle, says famous quant analyst PlanB. In a tweet on Dec. 17, the creator of the stock-to-flow […]
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Another mainstream giant unveils its bullish position on Bitcoin. 2020 has been a big year for mainstream Bitcoin (BTC) adoption. One of the most recent entrants to the space is One River Digital Asset Management, a hedge fund headed up by CEO Eric Peters. The firm expects to own approximately $1 billion in Ethereum (ETH) and […]
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The 2020 rally differs markedly from the retail-driven FOMO of 2017. The Bitcoin (BTC) price surged to all-time highs on Wednesday, zipping past $20,000 in a show of bullish momentum for the flagship cryptocurrency. Although it’s easy to draw parallels between this year’s bull market and the speculative frenzy that drove the 2017 rally, the […]
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The price of Bitcoin just hit $20,000 for the first time ever in a historic milestone for the world’s most popular cryptocurrency. The price of Bitcoin (BTC) has reached $20,000 for the first time in history on Dec. 16. The historic milestone comes just over two weeks after breaking its previous all-time high. BTC/USD weekly […]
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Asset managers around the globe are losing confidence in the dollar, encouraging them to seek out inflation-resistant investments for their clients. A new survey of global fund managers reveals that Bitcoin has climbed in the rankings of “most crowded trade” beating out traditional investments like gold and bonds. Bitcoin was third on the overall list […]
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