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 […]
Continue Reading
A top ten crypto index by Bitwise has outperformed the assets themselves as FOMO takes hold. Leading crypto fund manager Bitwise Asset Management has announced that its 10 Crypto Index Fund is trading at a much higher premium than the underlying assets it represents. The BITW fund saw record initial trading volumes with shares in […]
Continue Reading
FTX is “weeding out the competition” with its new selection of tokenized stocks. Cryptocurrency derivatives exchange FTX has announced it is growing its line of tokenized stock offerings, with the addition of five cannabis-related businesses. The Wednesday announcement, tweeted by FTX and Alameda Research CEO Sam Bankman-Fried, came in a haze of ex-hemp-lary (sorry) marijuana […]
Continue Reading
With Bitcoin futures continuing to surge in popularity, trading bots can help users keep on top of the markets 24 hours a day, seven days a week. The crypto industry has matured substantially in recent years — so much so that it’s practically unrecognizable when compared to the bull run of 2017. And one of […]
Continue Reading
Bitcoin hitting its highest level since the start of December reignites the quest to crack $20,000 resistance. Bitcoin (BTC) hit its highest levels in two weeks on Dec. 15 as fresh bullish action took the largest cryptocurrency to near $20,000. Cryptocurrency market overview from Coin360. BTC price highest since Dec. 1 Data from Cointelegraph Markets, […]
Continue Reading
Japanese financial services firm SBI has acquired a 90% stake in trading firm B2C2, hopes to attract institutional investors into crypto. Japanese financial giant SBI has completed another cryptocurrency-related acquisition in a move to bring more adoption to the industry. SBI Financial Services, a subsidiary of SBI Holdings, has acquired a United Kingdom-based crypto trading […]
Continue Reading
The institutional flood into BTC continues. A United Kingdom-based investment manager has added Bitcoin (BTC) to its portfolio, underscoring the ongoing institutional shift toward digital assets. Ruffer Investment Company Limited, an investment manager with shares listed on the London Stock Exchange, has disclosed its new Bitcoin strategy. In a performance update and manager comment posted […]
Continue Reading
Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, says Bitcoin is heading to $50,000 in 2021. The Bitcoin price (BTC) is heading to $50,000 in 2021, says the best-selling author of “Rich Dad Poor Dad,” Robert Kiyosaki. Kiyosaki pinpointed the “wall of institutional money” is coming to Bitcoin in 2021, which could push […]
Continue Reading
A survey from Genesis Mining has found that most Bitcoin investors aren’t expecting a $50,000 BTC price in 2030 — although 3.5% of respondents tipped prices exceeding $500,000. British Virgin Islands-based institutional mining platform, Genesis Mining, has published the findings from a survey of 1,000 current and former U.S.-based Bitcoin investors — two-thirds of whom […]
Continue Reading
The online payment platform launched crypto trading for U.S. customers on Nov. 12. PayPal’s stock reached record highs on Monday, capping off a strong period of outperformance relative to the Nasdaq and broader U.S. stock market. Since Nov. 12, the technology-focused Nasdaq has gained around 6.5%. The broad S&P 500 Index of large-cap stocks is […]
Continue Reading