Is the proverbial winter over for Bitcoin just yet? Well, it’s too early to draw a conclusion even for the most hardcore Bitcoin bull out there. However, based on some newly available cold, hard data, it appears the world’s leading cryptocurrency is outmaneuvering pretty much any other rallying asset class — be it crude oil, […]
Bitcoin Is the Best Performing Major Asset Class so Far in 2019 was originally found on Cryptocurrency News | Tech, Privacy, Bitcoin & Blockchain | Blokt. origin »
BlackRock, the world’s largest asset manager with over $10 trillion in assets under management, is incorporating Bitcoin into its own model portfolio. According to a Bloomberg report on Feb. 28, the asset manager will allocate 1% to 2% of its…
As Bitcoin continues to slowly decline in price, the asset appears to be moving closer to a key psychological level. With uncertainty surrounding the continuation of Bitcoin’s current trend, speculation remains divided on whether the crypto asset is preparing for another upward breakout or entering a phase of correction.
Asset managers are turning to new derivatives-based Bitcoin ETFs to help cautious investors navigate the crypto’s notorious price swings. U.S. asset managers have filed plans with regulators to launch Bitcoin (BTC) exchange-traded funds that use derivatives to eliminate or at…
Vancouver Mayor Ken Sim proposes Bitcoin as a reserve asset to protect purchasing power. Jeff Booth supports Ken Sim’s proposal, recognizing Bitcoin’s potential as a strategic asset. Former USA CFTC Chairman Giancarlo advocates for Bitcoin reserves, likening it to gold.
VanEck’s head of digital asset research, Matthew Sigel, officially announced that the asset management firm advocates the concept of Bitcoin’s strategic reserve. Donald Trump’s plan to make Bitcoin the most valuable asset in the nation is gaining support from the…
Bitcoin’s maturity as a decentralized digital asset has spurred discussions on its role within national reserves, drawing interest from US policymakers. Bitcoin’s evolution from an experimental asset to a recognized financial instrument provides new strategic avenues for economic stability, geopolitical resilience, and energy policy.
As Bitcoin (BTC) recovers from recent lows of around $52,500, open interest in the digital asset is rising much slower than the asset’s price. Bitcoin Relief Rally Could Be Spot-Driven Cryptocurrency trader and investor Daan Crypto made an interesting observation about Bitcoin’s open interest and the asset’s price action. In a post published on X, […]
The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset.
Based on a recent report by Bloomberg analyst Jamie Coutts, asset managers’ interest in Bitcoin stretches beyond exchange-traded funds (ETF) into the mining sector. In particular, Coutts speaks about BlackRock, describing the asset manager’s application with the US Securities and Exchange Commission (SEC) to offer a Bitcoin spot ETF as “unsurprising.
The sentiments surrounding Bitcoin lately appeared bullish, but things are still not looking good for the most-traded asset as it remains bearish on the weekly. It currently looks stable with a market dominance of 49.
The world’s largest asset manager, BlackRock, is increasing its exposure to Bitcoin by investing in the top five miners of the flagship digital asset. According to the CompaniesMarketCap index, the top five Bitcoin miners are Riot Platforms, worth $1.
Bitcoin Exchange-Traded Funds (ETFs) are designed to track the performance of the underlying asset or index of publicly traded bitcoin mining companies.
The biggest news in the cryptoverse for November 2 includes Saylor saying that Bitcoin is winning over gold and other major asset classes, JPMorgan executing its first DeFi transaction, EU’s MiCA targeting crypto influencers, and Ethereum outperforming Bitcoin post-merge.
As the British pound collapses, bond prices decline, and interest rates increase, Digital Currency Group CEO Barry Silbert says that bitcoin will become the preferred safe-haven asset.
The post Global Financial Markets Struggling: Will Bitcoin Become a Safe Haven Asset? appeared first on BeInCrypto.
Bitcoin has seen a remarkable recovery trend that has caused its price to surge past $22,000 once more. This is a welcome development for the digital asset, which has been suffering from many dips, but it is not all rosy for the cryptocurrency.
The Federal Reserve is acting on behalf of commercial banking interests to crush asset prices. Can bitcoin compete in a world of coordinated inflation?
Bitcoin has finally corrected downwards after being on a bull rally for the better part of this week. This is an expected development for a digital asset that has grown so much in such a short time.
According to figures from Coinbase and Coindesk, cryptocurrency values have risen nearly as swiftly as they fell, with some analysts referring to Bitcoin’s capacity to act as a safe haven asset during times of global turmoil.
Michael Saylor is one of the most vocal supporters of bitcoin and is CEO of MicroStrategy, the company with the largest bitcoin holdings in the world. The CEO has always been a big proponent of the digital asset, taking both a personal and professional stake in the asset.
Institutional investors’ interest in Bitcoin has refused to wane despite the continued price volatility of the flagship digital asset which has seen the asset rise to over $68,000 then drop to around $57,000 presently within the space of the last 30 days.
Bitcoin closed a position above $42,000 on 6th August and since then, the asset has consolidated above the range. With the asset valued at ~$45,000 at press time, the general sentiment around the crypThe post Here's why Bitcoin's process towards the next rally is changing appeared first on AMBCrypto.
Usually, a drop in the price of an asset is interpreted as a loss for the asset and its investors. However, with the application of fundamental analysis, there could be some anomalies, and this might in fact be the case with the largest cryptocurrency Bitcoin.
After months of near-consensual approbation across mainstream media of Bitcoin as a matured asset class and a store-of-value rival for gold, the last couple of weeks has certainly put paid to any notion arguing prematurely for Bitcoin’s merits as a potential risk-off asset.
After signaling its intention to get exposed to bitcoin, Blackrock, the world’s largest asset manager, has now revealed its initial investments toward the crypto asset. According to the asset manager’s filing with the Securities and Exchange Commission (SEC) on March 31, Blackrock, through its Global Allocation Fund, held 37 bitcoin futures contracts worth $6.15 million. […]
Bitcoin has reverted Wednesday’s gain yet again. The report of Tesla starting to accept Bitcoin sent us above 57,000 only for the crypto asset to drop even lower to $51,500. People are, however, taking this as an opportunity to buy the dip.
For many investment firms, bitcoin is perhaps the only asset worth buying. Its popularity and value give the asset unique credibility that other altcoins are yet to attain. But for this Dubai-based global investment crypto fund, Bitcoin does not meet the requirements of a flagship digital asset.
Bitcoin is slowly but surely becoming a reserve asset for individuals, corporations, and financial institutions around the world, according to Morgan Creek digital assets hedge fund’s co-founder and bitcoin supporter Anthony Pompliano.
Bitcoin’s rise in 2020 was marked by institutions purchasing the asset as a hedge against global inflation, a bleak economic outlook, and an overall low-yield environment in the traditional finance market.
Along with a bitcoin bull run comes the allure of alternative cryptocurrencies. But BTC has properties that these alternatives never will.
The post Bitcoin Is The Only Investment-Grade Digital Asset appeared first on Bitcoin Magazine.
The flagship cryptocurrency, Bitcoin has once again proven itself to be the most valuable asset as it continues to maintain a bullish trend after briefly breaching the $40,000 mark. The rising price of the digital asset combined with the need for alternative investments amid the current tumultuous market conditions has increased interest in Bitcoin among […]
Morgan Creek Digital’s Anthony Pompliano shared his opinion on where Bitcoin is heading, especially amid a volatile week that saw the asset reach ATHs of over $40k. Following this, the asset faced mThe post 'Companies will invest in Bitcoin over inflation fears' appeared first on AMBCrypto.
Bitcoin is the best performing mainstream financial asset of 2020 and of the last decade. No other asset since its inception has brought investors a larger return on their initial capital. And at this point, there is only one day where the cryptocurrency traded at higher prices.
Superlatives are oozing out for Bitcoin from every direction. The largest digital asset is currently surging towards its all-time high valuation, but a particular forked asset from 2017 isn't' doing tThe post What can stop Bitcoin Cash from irrelevance? appeared first on AMBCrypto.
By comparing bitcoin’s available for trade vs. traditional markets, it’s apparent that the digital asset is much more mature than many think.
The post Bitcoin Is A Mature Asset appeared first on Bitcoin Magazine.
As a financial tool, Bitcoin has no competitor, but as an asset class, it has many. The obvious one is gold, but the more modern-day equivalent is the asset class of technology stocks.
From the lows The post Bitcoin v.
Bitcoin has only been around for a little over a decade but it has changed the global economic system in more ways than one. Investors across the planet love it for the fact that it kicks the middlemaThe post Has Bitcoin Proven Itself to be a Reliable Asset? appeared first on AMBCrypto.
This week, bitcoin jumped higher. Yesterday, the digital asset even briefly hit $11,000. However, BTC slowly made its way below $11k today but is still trading above $10,800. Going forward, $11,600 is “strong resistance” for bitcoin, and if the digital asset closes above this level, while ETH/BTC is below 0.
2020 so far has proven to be Bitcoin’s year. The asset has beaten stocks, gold, and nearly every other asset in year-to-date ROI. With all eyes now on the first-ever cryptocurrency, one British fund manager with billions of pounds of assets under management claims Bitcoin has reached its “now or never moment.
The dreaded consolidation of Bitcoin finally ended as the price of the asset began going higher. The asset had an eventful week as it crossed $10k and stayed above it for the first time since August 2The post Bitcoin volume nears yearly high as sentiment indicates greed appeared first on AMBCrypto.
Several altcoins posted impressive gains on Sunday, despite the global cryptocurrency market remaining slightly bearish. The total cryptocurrency market capitalization is currently at around $2. 7 trillion.
Saylor's continued Bitcoin acquisitions could influence market dynamics and investor sentiment, potentially impacting Bitcoin's volatility.
The post Saylor hints at new Bitcoin purchase as holdings surpass 500,000 BTC appeared first on Crypto Briefing.
Financial author Robert Kiyosaki has issued a warning about traditional currencies while advising his followers to earn and save in alternative assets like precious metals and cryptocurrencies. The “Rich Dad Poor Dad” author specifically highlighted silver as his top near-term…
The meeting could strengthen US-El Salvador relations, influence Bitcoin's global adoption, and impact international crypto policies.
The post Trump plans to meet with Bitcoin bull Nayib Bukele next month appeared first on Crypto Briefing.
Coinspeaker
GameStop (GME) Stock Crashes 22% After Bitcoin Reserve Plan, Here’s Why
Along with the GameStop stock, BTC price is also seeing some selling pressure, dropping 1. 7% today and slipping under $86,000.
Bitcoin’s next breakout will likely require more than just liquidity growth, as analysts question its impact. Bitcoin (BTC) may stay in consolidation as analysts question whether liquidity growth alone can drive a rally, noting that while global liquidity often rises…
The establishment of a Strategic Bitcoin Reserve may signal a shift in US financial strategy, potentially impacting global crypto markets.
The post US government relocates $8M in Bitcoin after Trump establishes strategic reserve appeared first on Crypto Briefing.