Most Recent

3iQ’s Canadian Bitcoin Fund Hits C$1B in  Market Cap

The digital asset manager passed a key milestone this week.

549
Like
Save
GBTC has a new a competitor in the OTC Bitcoin trust market

Another way to buy Bitcoin in stock form has surfaced. A firm called Osprey Funds is offering an over-the-counter, or OTC, Bitcoin (BTC) trust under the ticker symbol OBTC. The trust is similar to Grayscale’s Bitcoin Trust, known as GBTC. “The Osprey Bitcoin Trust provides easy access to bitcoin,” the firm’s website says. “With a […]

1,220
Like
Save
Bitcoin bulls buy BTC’s $35K support retest as altcoins push higher

Bitcoin’s lower support retest was bought up by bulls, preparing BTC for another push to $40,000. Calls for Bitcoin (BTC) to rally above $40,000 were dashed as the top cryptocurrency hit a wall of resistance which sparked a sell-off in the early trading hours.  Data from Cointelegraph Markets and TradingView show the price of BTC […]

35
Like
Save
Exploring Drivechain, A Miner-Secured Bitcoin Sidechain

Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of “The Van Wirdum Sjorsnado,” hosts Aaron van Wirdum and Sjors Provoost are once again joined by Ruben Somsen. The trio discussed Drivechain, a sidechain project spearheaded by Paul Sztorc. Sidechains are alternative blockchains, on which coins are pegged to bitcoin. This should […]

172
Like
Save
Interest in Bitcoin (BTC) at Near 2017 Levels According to Google Trends

Organic searches for the term “Bitcoin” are now around its all-time highs, a screengrab by Mati Greenspan, a licensed Portfolio Manager, on Dec 14 shows. Google searches for #Bitcoin nearing all time highs now. pic.twitter.com/X5Mf7G6mKP — Mati Greenspan (tweets ≠ financial advice) (@MatiGreenspan) January 13, 2021 Google Trends Hints As gleaned from Google Trends, a […]

542
Like
Save
Why Bitcoin Is One Of The Most Undervalued Assets In 2021

According to Bloomberg, bitcoin’s 9 million percent price rise makes it the best performing asset of the last decade. But what if I told you that even in 2021, Bitcoin is still one of the most undervalued assets there is? If you are one of those people who has thought of putting money into bitcoin, […]

206
Like
Save
Arxnovum Files Bitcoin ETF in Canada With Gemini as Sub-Custodian

Cryptocurrency exchange and custodian Gemini has plans to sub-custody a Bitcoin ETF in Canada, which was filed on Jan 11. The filing was done by Arxnovum, a Canadian investment firm, and if approved, will be listed on the Toronto Stock Exchange under the ticker “BIT.U.” Bitcoin ETF Still Needs to Submit Requirements and Gain Approval […]

644
Like
Save
Swiss Stock Exchange SIX Lists New Bitcoin ETF

Swiss stock exchange SIX has revealed the listing of a new Bitcoin exchange-traded product (ETP) from financial firm ETC Group. This was announced on Wednesday, 13th of January in a press release by the stock exchange. Physically backed ETP According to the press release, the newly released product by ETC called BTCE tracks the price […]

103
Like
Save
Why is Now the Time to Buy Gold with Bitcoin?

Last week, the Bitcoin price rose 40%, which helped push the cryptos market past the $1 trillion market cap. Within the past 12 months, Bitcoin surged about 400%. Social Capital’s Chamath Palihapitiya indicated that Bitcoin could reach $100,000 and further over the course of the next 5-10 years. Because of this success, crypto investors should […]

797
Like
Save
Bitcoin Just Passed $40,000: Here’s What Investors Are Saying

Bitcoin just passed $40,000 after falling to $30,000 earlier this week. The cryptocurrency rocketed past this key support level in a rally on Thursday morning, eclipsing short-term price targets by many analysts. Bitcoin is up over 14% in the past 24 hours, having bottomed at $30,000 earlier this week to rebound to $33,000, then now […]

861
Like
Save
Actress Lindsay Lohan Makes Bullish Predictions for Bitcoin and Ether

Popular American actress Lindsay Lohan has joined the list of celebrities to talk about cryptocurrency, as the actress made bullish price predictions for Bitcoin and Ether in a promotional video. Bitcoin and Ether Getting to New ATH According to Forbes on Wednesday (Jan. 13, 2021), Lindsay Lohan made a promotional video predicting the prices of […]

453
Like
Save
Bitcoin and Ether Market Update January 14, 2021

Total crypto market cap added $74 billion to its value for the period since Monday morning and now stands at $1.033 trillion. The top ten coins are all in green for the last 24 hours with PolkaDot (DOT) and bitcoin (BTC) being the biggest gainers with 37.1 and 11 percent increases respectively. At the time […]

587
Like
Save
First Mover: Forget Facebook’s Stablecoin. Now It’s $700B Bitcoin In the Crosshairs

Bitcoin’s powerful move over the past couple months to a market value of more than $700 billion is suddenly commanding more attention from global financial regulators. 

606
Like
Save
Compute North, Foundry Digital Partner To Bring More Bitcoin Mining To North America

Compute North, one of the largest bitcoin mining companies in North America with mining farms in Big Spring, Texas; Kearney, Nebraska; and North Sioux City, South Dakota, is taking a great leap forward through a new partnership with financial services firm Foundry Digital, a subsidiary of Digital Currency Group based in Rochester, New York. Through […]

0
Like
Save
Is a new rally brewing as Bitcoin reclaims $38K and stablecoins 'flooding' exchanges?

Stablecoin inflows into exchanges spiked right as the price of Bitcoin recovered above $38,000, on-chain data shows. The price of Bitcoin (BTC) has extended its recovery on Jan. 14, reclaiming the $38,000 level. What’s more, the weekly candle has now turned green for the fifth consecutive week despite the 28% crash earlier this week.  BTC/USD […]

288
Like
Save
TA: Bitcoin Smashes Key Resistance, Why Dips In BTC Are Now Attractive

Bitcoin price broke the main $36,000 and $36,500 resistance levels against the US Dollar. BTC is back in a positive zone and it is likely to continue higher towards $38,800 and $39,200. Bitcoin climbed higher nicely and it was able to clear the 36,000 and $36,500 resistance levels. The price is now trading nicely above […]

664
Like
Save
TA: Ethereum Fails Again At $1,150: Why Dips Could Be Limited

Ethereum started a decent increase above $1,080, but it failed again near $1,150 against the US Dollar. ETH price is consolidating and it could make another attempt to clear $1,150. Ethereum is still struggling to clear the main $1,150 resistance zone. The price is now trading near the $1,100 zone and the 100 hourly simple […]

1,022
Like
Save
The Hardest Trade: BitcoinTina On Bitcoin

Listen To This Episode: Apple Spotify Libsyn Overcast In the fifth installment of the “BitcoinTina On Bitcoin” series, CK and BitcoinTina discussed the potential bull market scenarios for bitcoin. In this podcast, they covered three different bitcoin price scenarios which are all very bullish but difficult and distinct to trade. #bitcoin has 3 potential price […]

1,431
Like
Save
Understanding Bitcoin’s Scarcity

Bitcoin is obviously scarce. And it seems to be becoming scarcer over time.  But, perhaps due to the current bull run, doubts about both of these propositions are seemingly on the rise among bitcoin skeptics. Criticisms come in a few different flavors. The main one that I have seen argues that bitcoin cannot be scarce […]

843
Like
Save
BTC/USD Stalls Between $30k and 40k, Is Bitcoin in Sync with the Power of 3?

The Bitcoin price is known for its gyration. Because of this, there is volatility, and is exactly what excites traders. Assuming their skills are refined, they can either make a fortune or pay dearly for untimely entries. Thing is, volatility is a double-edged sword. Trading, after all, is about the bottom line. Make as much […]

1,308
Like
Save
Goldman Sachs Executive Says Bitcoin (BTC) Will Stabilize Once More Institutions Come

Jeff Currie, a Goldman Sachs top executive, had said that Bitcoin needs to have more institutional investors before the market can properly mature, in an interview on CNBC’s The Coin Rush. Curie: Not Enough Institutions Are Involved Yet Jeff Currie, the global head of commodities research at Goldman Sachs, had stated that institutional investment in […]

138
Like
Save
ECB President Calls for Unified Global Regulation of Bitcoin

Christine Lagarde, the President of the European Central Bank (ECB), has said that there was a need for global regulation of bitcoin, as a unified cryptocurrency regulation would serve as a better alternative to cover any loopholes. Global-Regulation Necessary for Bitcoin Speaking in an interview at the Reuters Next conference on Wednesday (Jan.13, 2021), the […]

263
Like
Save
Bitcoin Price Could Soar Higher Due To Supply And Demand

The bitcoin price soared to yet another record high above $34,000 this week before pulling back. However, the pullback didn’t last long, as the price again approached $34,000. The big question on many investors’ minds could now be whether it is too late to buy bitcoin. Q3 2020 hedge fund letters, conferences and more It seems […]

155
Like
Save