A summary of macro investment performance since 2011 underscores Bitcoin as the ultimate winning punt. Bitcoin (BTC) is “eating the world” thanks to ten-year returns of over 6,200,000% and annualized returns of roughly 200% per year, investment strategist Raoul Pal has said. In a tweet on Dec. 15, Pal revisited his oft-quoted phrase as new […]
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The Bitcoin price could stagnate until early 2021, various on-chain indicators show, as investors could take profit. The Bitcoin price (BTC) reached the $19,400 mark in the past 24 hours, which has served as a critical resistance level since the start of December. However, on-chain indicators show that the dominant cryptocurrency could stagnate or consolidate […]
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Bitcoin price regained the $19,000 level and continues to trade in a range, providing altcoins with the opportunity to steadily move higher. Strategists at JPMorgan said in a note that MassMutual’s $100 million Bitcoin (BTC) purchase shows that insurance firms and pension funds are now adopting Bitcoin. According to the analysts, typically this class of institutional […]
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Bitcoin will come to the rescue if the fiat system fails, says the incoming senator from Wyoming. An unprecedented year, 2020 has sent the global economy into a tailspin in an effort to compensate for COVID-19-related difficulties. If the traditional system collapses, Bitcoin will become vital, according to United States Senator-elect Cynthia Lummis. “If we […]
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Bitcoin’s rally back to $19,000 could improve market sentiment and push select altcoins higher this week. December is proving to be another blockbuster month for Bitcoin as the flow of institutional investors injecting funds into Bitcoin continues to increase. Business intelligence firm MicroStrategy announced that it had raised $650 million worth of convertible bonds at […]
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Ethereum price is closing in on $600 and multiple metrics suggest the top altcoin is ready to notch a new all-time high. Ether (ETH) price might have had a disappointing week after its price failed to hold the $600 level, but the fundamentals of the network and cryptocurrency remain solid. Traders are known for having […]
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The price of Bitcoin has broken through crucial resistance in weekend trading. Bitcoin (BTC) remains in the spotlight after MassMutual became the latest company to allocate $100 million of its portfolio into Bitcoin. This is adding to the impressive buy pressure at the moment, renewing hopes of Bitcoin breaking $20,000 in December. While a correction […]
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Big name financial players continue buying into Bitcoin. Throughout 2020, more than a handful of traditional financial giants have picked up stacks of Bitcoin (BTC), including the likes of billionaire Paul Tudor Jones and business intelligence firm MicroStrategy. These investments are part of a flow of big money entrances into BTC, Gemini crypto exchange co-founders […]
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Cointelegraph asked 10 leaders in blockchain about book recommendations this year. With the continuous lockdowns and travel advisories brought on by the COVID-19 pandemic, 2020 seems to be a perfect year for discovering and reading new books. As such, Cointelegraph collected a list of non-crypto-related book recommendations from 10 of the biggest thought leaders in […]
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The market-wide correction looks set to continue as Bitcoin and most major altcoins are facing selling at higher levels. Bitcoin (BTC) price has been gradually giving up ground for the past few days and that has a few investors afraid that a sharp correction or a bear market similar to the one in 2018 could […]
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