Bitcoin Dominates $3.4 Billion October Crypto Inflows—What’s Behind the Boom?

Investment activity in digital assets surged almost throughout October, as crypto investment products, especially that of Bitcoin, experienced substantial inflows, according to the latest data released by CoinShares.

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Over 600 firms reveal billions in combined investment in Bitcoin ETFs

Millennium Management is the largest Bitcoin ETF investor with a $1.9 billion investment.

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Japan’s Metaplanet stock soars 89% after disclosing investment in Bitcoin

Shares of Japanese listed firm Metaplanet saw over 89% gains after the firm disclosed it accumulated JPY 1 billion ($6.5 million) worth of Bitcoin (BTC). The Web 3.0 and metaverse-focused entity said the investment was a strategic pivot in embracing digital assets and aligning with the future of finance. The company added: Our transition to […]

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Bitcoin's latest milestone: What it means for your investment strategy

The Bitcoin Exchange Stablecoin Ratio has dropped to a 12-month low. The coin is currently witnessing its longest period marked by bullish sentiment. Bitcoin's [BTC] Exchange Stablecoin RatiThe post Bitcoin's latest milestone: What it means for your investment strategy appeared first on AMBCrypto.

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Investment Genius Cathie Wood Says Bitcoin Is Headed To $1.5 Million – Here’s Why

Ark Invest CEO Cathie Wood has reiterated her bullish stance on Bitcoin. The investment mogul, who recently disclosed she allocated 25% of her wealth into Bitcoin, has now predicted the cryptocurrency is on a highway to new highs.

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Citrea secures $2.7m seed investment to develop ZK-rollup for Bitcoin

Citrea, a project focused on integrating zero-knowledge rollups with Bitcoin, has raised $2.7 million in a seed round led by Galaxy Ventures, part of Galaxy Digital. The investment marks a significant step towards enhancing Bitcoin’s capability to support a wider…

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Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Cardano (ADA) Funds See Fresh Inflows

Cryptocurrency market witnessing substantial allocation of investment as Bitcoin leads way with significant weekly inflow

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Two-year Bitcoin DCA experiment demonstrates profit despite volatility

Quick Take The potency of dollar-cost averaging (DCA) in Bitcoin investment is underscored by data from the past two years. In November 2021, when Bitcoin (BTC) reached a notable high of approximately $67,589, investors could have initiated a daily investment strategy.

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K33 Research finds institutional Bitcoin investment surge amid pending ETF decisions

A recent K33 Research report indicates a significant uptick in institutional investment in Bitcoin through exchange-traded products, coinciding with key deadlines for the SEC's decision on bitcoin spot ETFs, presenting a complex landscape of market optimism and caution.

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Michael Saylor's MicroStrategy Is Now Up Nearly $1 Billion on Its Bitcoin Investment

MicroStrategy's Bitcoin investment is back in the black after its most recent run-up to a high of $35,000, the public firm now sitting on $1 billion in gains.

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US Presidential Candidate Robert F. Kennedy Jr Called Out For Lying About Bitcoin Investment

Robert F. Kennedy Jr. , a candidate for the Democratic presidential nomination, has come forward to clarify that he does, in fact, hold a sizeable quantity of Bitcoin, despite his earlier denial of having a Bitcoin investment during a conference in Miami which took place just barely two months ago.

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Bitcoin takes ‘lion’s share’ as institutional inflows hit 7-month high

$117 million heads into crypto investment products in a single week, with the vast majority going straight into Bitcoin.

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Elon Musk’s Tesla held onto its Bitcoin in Q4 despite market turbulence

The EV maker continued to hold its estimated 9,720 Bitcoin, only losing $34 million on its investment due to price declines towards the end of 2022.

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Two Years Later, Stimulus Check Investment Proves Value Of Bitcoin Mining

Two years since the U.S. sent COVID-19 stimulus checks to taxpayers, investment in bitcoin mining stocks has generated significant returns.

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ProShares files with SEC for Short Bitcoin Strategy ETF

The exchange-traded fund will be based on daily investment results corresponding to the inverse of the return of the CME Bitcoin Futures Contracts Index for a day.

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Bitcoin's journey from 'good for diversification' to 'key' part of an investment portfolio

Investors who are bullish on cryptocurrencies are betting more on digital assets than other asset classes such as equities. The shift towards favoring cryptocurrency over stocks is driven by solid retThe post Bitcoin's journey from 'good for diversification' to 'key' part of an investment portfolio appeared first on AMBCrypto.

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Jack Dorsey’s Square Doubles Its Money On Bitcoin Investment

Jack Dorsey’s Square has officially doubled its money on its Bitcoin Investment. The company’s $220,000,000 invested in Bitcoin is now worth over $470,000,000.

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How this development impacts investment outlook for Bitcoin, other cryptocurrencies

Digital assets including Bitcoin are a fairly new economical concept and every investment vehicle in the early stages of its inception has been subjected to scrutiny. Bitcoin’s story has been no difThe post How this development impacts investment outlook for Bitcoin, other cryptocurrencies appeared first on AMBCrypto.

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JPMorgan CEO Doesn’t Care If Bitcoin Grows 10X In Five Years

Bitcoin investing is arguably one of the most talked-about investment in the finance industry at present. The returns on the digital asset have seen people allocating more of their investment budgets to bitcoin.

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Assessing an investment in Bitcoin post-China's latest 'ban'

The sky is blue. Water is wet. China is banning Bitcoin.  While some new investors were petrified, as can be inferred from the minor dip in prices, a majority of the community remained unscathed bThe post Assessing an investment in Bitcoin post-China's latest 'ban' appeared first on AMBCrypto.

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Crypto investment trends in the U.S, 6 months in the past and future

The mainstream adoption of Bitcoin, is taking place at a gradual pace. Some investors hold bitcoin for profits, while others use cryptocurrencies for online transactions. Let us deep-dive a bit FinThe post Crypto investment trends in the U.

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“Buy Bitcoin, Save The Planet,” Says Canadian Investment Firm

Calgary-based Accelerate Financial Technologies prepares to launch a Carbon-Negative Bitcoin ETF (TSX: ABTC). It plans to match each investment by planting trees to counteract the adverse environmental impact of crypto mining.

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Bitcoin Investment Outflows Continue for Fifth Consecutive Week

CoinShares released data this past Monday which shows a consistent outflow of Bitcoin investment products and funds. The post Bitcoin Investment Outflows Continue for Fifth Consecutive Week appeared first on BeInCrypto.

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George Soros’ Investment Fund Turns Its Attention To Bitcoin

A report from The Street has announced that George Soros’ investment fund will start actively trading Bitcoin. In the report, the firm reportedly received the nod of approval to start trading Bitcoin yesterday.

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Gemini to provide custody for Brazilian investment bank’s bitcoin fund

CryptoNinjas » Gemini to provide custody for Brazilian investment bank’s bitcoin fund Bitcoin & cryptocurrency exchange company Gemini, has announced it will serve as custodian and trade execution partner for BTG Pactual’s Bitcoin 20 Multi-Market Investment Fund; the first bitcoin fund launched by a Brazilian investment bank.

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Fidelity’s Global Macro Head Recommends Bitcoin Investment

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Motley Fool to buy $5 million of Bitcoin—but it missed on a potential for $2.5 billion

The wildly popular investment and analysis magazine announced the move yesterday, years after calling Bitcoin a “terrible investment. ” The Fool buys Bitcoin “We’re buying $5 million in Bitcoin on our own balance sheet.

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The Motley Fool Makes $5 Million Bitcoin Investment

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Investment Manager Guggenheim Has Some Advice as BTC Sheds Billions — ‘Bitcoin’s Parabolic Rise Unsustainable’

Guggenheim Investments’ global chief investment officer has some advice on what investors should do as the price of bitcoin plummets. His company, with $230 billion in assets under management, has been trying to buy bitcoin for months.

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Bitcoin Eyes $30K as UK Vaccine Approval Boosts Risk Appetite

Bitcoin secured yet another record high level on Wednesday, helped by news of Anthony Scaramucci’s SkyBridge Capital investment’s investment into the cryptocurrency space. The benchmark cryptocurrency topped at $28,580 during the Asian morning session after reports revealed that the investment management firm had purchased $182 million worth of Bitcoin. The news soon followed a dramatic […]

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Mexico’s second richest man says Bitcoin is his 'best investment ever'

Ricardo Salinas Pliego breaks down his Bitcoin investment thesis.

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MassMutual Invests $100M In Bitcoin; ‘Other Return-Hungry Insurance Companies’ Buying BTC: NYDIG Chairman

The 169-year old mutual insurer, MassMutual, purchased $100 million in Bitcoin for its general investment fund. This bitcoin investment is part of the company's broad strategy to take advantage of new opportunities that give it “measured yet meaningful exposure to a growing economic aspect of our increasingly digital world.

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MassMutual Makes $100 Million Bitcoin Investment

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Top Financial Historian Calls Bitcoin the Best Investment Opportunity

Bitcoin has been on a strong rally since the March lows of $3,500. The leading cryptocurrency currently trades for $19,300. Niall Ferguson, a financial historian at the Hoover Institution at Standford University, recently said that he thinks Bitcoin is one of the best investment opportunities right now Bitcoin Could Be the World’s Best Investment Opportunity Bitcoin has been on a strong rally since the March lows of $3,500.

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SoftBank CEO Sold his $200 Million Bitcoin Investment in 2018 Because He Couldn’t Stop Price Watching

Every Bitcoiner knows this feeling. And we can relate to Masayoshi Son, the founder, and chief executive of SoftBank. But what we can’t relate to is that he still does not understand Bitcoin. At the DealBook Online Summit on Tuesday, Son, who has made billions from his bets that involves an early investment in Alibaba, […] The post SoftBank CEO Sold his 0 Million Bitcoin Investment in 2018 Because He Couldn’t Stop Price Watching first appeared on BitcoinExchangeGuide.

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Fidelity Digital Assets Touts Bitcoin Credentials, As Publicly Traded Companies Now Hold Over 600,000 BTC

Fidelity Digital Assets (FDA) says diversifying an investment portfolio with bitcoin is especially essential now when benchmark interest rates globally are near or below zero. The opportunity cost of not allocating to bitcoin is simply higher explains FDA in its latest bitcoin investment thesis.

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Bitcoin's $1T market cap is 1% aggregated institutional investment away

Initially envisioned as a P2P electronic cash system, Bitcoin's narrative has changed over time, and now, the asset is primarily viewed as an inflationary hedge against various fiat currencies. Over tThe post Bitcoin's $1T market cap is 1% aggregated institutional investment away appeared first on AMBCrypto.

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Is Bitcoin a Good Investment: Analyst Predicts High Institutional Demand Post Covid-19

The global crisis and financial market turmoil have many investors looking into whether cryptocurrencies, such as bitcoin, are a good investment for them. A Japanese analyst has predicted high institutional investor demand for bitcoin post coronavirus crisis, giving three key reasons why the cryptocurrency is an attractive investment.

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Why Bitcoin’s Safe-Haven Narrative Has Flown Out the Window

After the past week, bitcoin will never again be considered a safe haven investment, argues Noelle Acheson. And that’s not a bad thing…

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Stone Ridge Wants Bitcoin Futures to Join List of Investment Vehicles

New York–based Stone Ridge Asset Management has filed to launch a bitcoin futures fund, vying to add to the growing list of investment vehicles now offered. The post Stone Ridge Wants Bitcoin Futures to Join List of Investment Vehicles appeared first on Bitcoin Magazine.

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Grayscale’s Bitcoin Investment Trust records a total cumulative return of over 2000%

Bitcoin recorded a mediocre run over the last two months, a period during which the coin’s price plummeted from its yearly high of $13,800 to below $9500. The initial bullish momentum subsided, with stagnation and sideways movement soon taking over the market.

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Investment Firm: Bitcoin Might Already Be Better Than Gold, Here’s Why

Satoshi Nakamoto, the pseudonymous creator of the Bitcoin (BTC) project, always expressed an inkling of mistrust and cynicism towards centralized institutions, including Wall Street and the incumbent government.

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Ron Paul Survey: Half Would Choose Bitcoin For 10 Year Investment

Most people would choose to invest in Bitcoin over gold, fiat currency, and bonds, according to a survey by Ron Paul which continues on Twitter November 16. Bitcoin Is Best Future-proof Investment The former US lawmaker and presidential candidate, well known for his advocacy of the cryptocurrency, has so far yielded responses from over 58,000 people.

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XRP Shows Increase In Institutional Interest

The Grayscale Investments released new numbers which show which digital currencies are bringing in institutional investors. According to the company, over 12% of investors are leaning towards XRP in the companies Digital Large Cap fund, which is an increase on the previous 9.

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Bank of Canada’s Bitcoin Awareness Report Shows 58% of Owners Buy For Investment Reasons

Most Canadian Bitcoin Owners Use It For Investment Purposes Only A report by Bank of Canada (BoC) published on July 23rd shows that 58% of Canadians own Bitcoin for investment purposes. The top four reasons for Canadians owning Bitcoin, according to the study, were: purchasing it as an investment, friends owning Bitcoin, being interested in […]

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Bitcoin mining guzzels energy- and its carbon boil

If you had bought $100 in bitcoin back in 2011, your investment would be worth nearly $4 million today. That sort of precipitous rise is stunning, of course, but bitcoin wasn’t intended to be an investment instrument.

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Wall Street’s Crypto King Calls Bitcoin ‘Currency of the Internet’

Wall Street’s “Crypto King” sat down with the panel on CNBC’s Fast Money to discuss Bitcoin’s utility, calling the digital coin the “currency of the internet. ” Bitcoin is the Best Crypto Investment Bart Smith, head of digital asset trading at Susquehanna International Group, dubbed the “Crypto King” of Wall Street for his expertise on the space.

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Bitcoin Price Analysis: Breach Below Trading Range May Spark Spring Retest

After a feeble rally on diminishing volume, bitcoin is currently in the middle of its first major pullback in about 2 weeks. Over the last week or so, bitcoin managed to break its sustained downtrend and trend back inside the macro trading range (TR) — both of which are quite bullish market characteristics.

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Crypto Custody Poses Barrier to Institutional Investment

Cryptocurrency analysts are increasingly arguing that the lack of custody services provided by leading players from within the finance industry pose a significant barrier to institutional investors seeking exposure to the cryptocurrency markets.

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