Bitcoin or its Meteoric Rise Pose No Threat to the Global Dollar Economy Or its Reserve Currency Status: Fed President

St. Louis Federal Reserve President James Bullard doesn’t think the leading digital currency poses a serious threat to the US dollar’s status as the world's reserve currency. “I just think for Fed policy, it's going to be a dollar economy as far as the eye can see and whether the gold price goes up or […] The post Bitcoin or its Meteoric Rise Pose No Threat to the Global Dollar Economy Or its Reserve Currency Status: Fed President first appeared on BitcoinExchangeGuide. äàëüøå »

2021-2-17 18:27

Institutions Are Sucking Bitcoin’s Supply; Adding Fuel to the Fire for the 2021 Bull Run

Bitcoin price is having a bit of a moment as it continues to hit $50,000 only to drop back under $48,000. Currently, BTC/USD is trading around $49k with $10.32 billion in ‘real’ volume. The latest uptick in price is the result of the continuous buying from Coinbase whales as Charles Edwards of Capriole Investments noted, […] The post Institutions Are Sucking Bitcoin’s Supply; Adding Fuel to the Fire for the 2021 Bull Run first appeared on BitcoinExchangeGuide. äàëüøå »

2021-2-17 22:33

Bitcoin is ‘Clearly the Embodiment’ of the Cash Hoard and Also Frothy Markets: PJ Solomon CEO

The chief executive officer of the investment banking company, PJ Solomon, says Bitcoin has a place in the current marketplace but still isn’t as much worth as it is currently valued. In an interview with Bloomberg, while sharing his thoughts on Bitcoin, Marc Cooper said, “Bitcoin is clearly the embodiment of this cash hoard that's […] The post Bitcoin is ‘Clearly the Embodiment’ of the Cash Hoard and Also Frothy Markets: PJ Solomon CEO first appeared on BitcoinExchangeGuide. äàëüøå »

2021-2-12 16:17

Institutional Demand in Bitcoin is Increasing at an ‘Accelerating Pace’ in 2021: Grayscale CEO

The crypto market is still buzzing off Tesla’s $1.5 billion bets on Bitcoin as the company designated 7.7% of its cash reserves to purchase Bitcoin (BTC) last month. In an interview with CNBC’s Squawk Box on Wednesday, Grayscale CEO, Michael Sonenshein, said this latest trend of institutions such as Tesla, Square, PayPal, and Twitter adding […] The post Institutional Demand in Bitcoin is Increasing at an ‘Accelerating Pace’ in 2021: Grayscale CEO first appeared on BitcoinExchangeGuide. äàëüøå »

2021-2-12 20:27

America’s Oldest Banking Giant, BNY Mellon, to Hold and Transfer Bitcoin & Other Cryptos Including Stablecoins

BNY Mellon plans to bring Bitcoin and cryptocurrencies under the same roof as traditional holdings through its platform that is now in prototype, following “heightened interest” and “new demand.” The post America’s Oldest Banking Giant, BNY Mellon, to Hold and Transfer Bitcoin & Other Cryptos Including Stablecoins first appeared on BitcoinExchangeGuide. äàëüøå »

2021-2-11 18:03

MicroStrategy is Planning on ‘More Creative Ways’ To Purchase Bitcoin

Tens of thousands of Bitcoin (BTC) are not enough for MicroStrategy, looking for “various approaches” to add more Bitcoin as a Treasury reserve asset. Speaking in a virtual conference on the company’s quarterly filings, MicroStrategy CEO Michael Saylor said the company would stockpile its Bitcoin stash using its excess cash as “part of their corporate […] The post MicroStrategy is Planning on ‘More Creative Ways’ To Purchase Bitcoin first appeared on BitcoinExchangeGuide. äàëüøå »

2021-1-29 17:17