Asset managers in US propose new Bitcoin ETFs to target cautious investors

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…

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Vancouver mayor proposes Bitcoin as city reserve asset for stability

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.

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VanEck officially supports Bitcoin’s strategic reserve

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…

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Bitcoin as a US strategic reserve asset could create ‘monetary stability’ – BPI

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.

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Bitcoin Pitched as Risk-Off Asset by BlackRock Exec

Robbie Mitchnick, head of digital assets at financial titan BlackRock, believes that Bitcoin should not be viewed as a risk-on asset

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Bitcoin Open Interest Growth Lags As Price Rebounds: Here’s What It Means For BTC

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, […]

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Bitcoin (BTC) on Verge of $60,000 Breakthrough: Data

Bitcoin back on path of growth as price of asset comes closer to $60,000

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Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target

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.

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Analyst Uncovers BlackRock Long Interest In Bitcoin Mining – Details

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.

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BlackRock’s Bitcoin strategy involves investments in top mining companies

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.

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First Mover Asia: First $30K, Then $40K, but Bitcoin Needs Volatility First

The world’s largest digital asset is rangebound, but so far this year, bitcoin is beating the returns most digital asset funds are posting.

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What Is A Bitcoin ETF?

Bitcoin Exchange-Traded Funds (ETFs) are designed to track the performance of the underlying asset or index of publicly traded bitcoin mining companies.

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CryptoSlate Wrapped Daily: Saylor deems Bitcoin winner over major asset classes as downturn persists; Ethereum outperforming BTC after merge

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.

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Global Financial Markets Struggling: Will Bitcoin Become a Safe Haven Asset?

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.

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Bitcoin Must Hold This Level Or Risk Falling To $10,000

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.

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Bitcoin is not going away as a macro asset, says Mike Novogratz

Bitcoin has lost more than 60% of its value in the last seven months,…

The post Bitcoin is not going away as a macro asset, says Mike Novogratz appeared first on CoinJournal.

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Is Bitcoin Afraid Of Big Bad Jerome Powell?

The Federal Reserve is acting on behalf of commercial banking interests to crush asset prices. Can bitcoin compete in a world of coordinated inflation?

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Why The Latest Correction Is Good For Bitcoin

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.

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Bitcoin As Safe Haven Asset On The Spotlight As BTC Crosses $43K

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.

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By The Numbers: Here’s How Much Bitcoin Michael Saylor Holds

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.

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Morgan Stanley just bought the Bitcoin (BTC) dip through Grayscale shares

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.

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Here's why Bitcoin's process towards the next rally is changing

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.

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$45 Billion Asset Manager GoldenTree Has Bitcoin on Its Balance Sheet

Despite staying silent on Bitcoin, Steve Tananbaum has been reportedly buying it for years with his asset management firm

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JP Morgan Wealth CEO Says Clients See Bitcoin as Asset Class to Invest In

J.P. Morgan's head of wealth management says clients are increasingly viewing Bitcoin as an asset class.

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Why BTC Dropping Below $30,000 Right Now Is More Bullish Than Bitcoin At $60,000

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.

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Bitcoin Price Trading Analysis: May 25 – Is BTC Looking to Recreate 2013’s Bull Cycle?

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.

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SEC Filing Shows Blackrock Held Bitcoin Futures Contracts Worth $6.15 Million

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. […]

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Bitcoin Tumbles Under $52,000, In Line With Beaten Tech Stocks & The Rejoicing Dollar

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.

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Dubai based crypto-fund calls Bitcoin “useless”, plans to trade $750 million worth of BTC for Polkadot and Cardano

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.

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Bitcoin Is Slowly Becoming A Global Reserve Asset, Anthony Pompliano Asserts

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.

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ShapeShift CEO Erik Voorhees on Bitcoin’s future and Peter Schiff’s big gold mistake

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.

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Bitcoin Is The Only Investment-Grade Digital Asset

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.

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Blackrock CEO calls Bitcoin an untested asset in a 'very small market'

Larry Fink said he was fascinated with the media hype surrounding Bitcoin but expressed concerns about the crypto asset's volatility and market size.

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How Bitcoin of America’s ATM Host Program has Helped Hundreds of Local Businesses

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 […]

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'Companies will invest in Bitcoin over inflation fears'

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.

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Bitcoin Manager With $1B Crypto Goal Is Backed by Hedge Fund Vet Alan Howard: Report

One River Digital Asset Management already holds $600 million in bitcoin and ether.

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Why The Record $5,000 Bitcoin Monthly Close Could Soon Become The Norm

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.

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What can stop Bitcoin Cash from irrelevance?

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.

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Bitcoin Is A Mature Asset

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.

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Bitcoin v. tech stocks: Who will be the 'huge' winners?

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.

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Has Bitcoin Proven Itself to be a Reliable Asset?

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.

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Bitcoin Poised to Breakout with Strong Resistance Ahead, Presenting A ‘Turbo Moon’ Opportunity

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.

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Bitcoin Reaches “Now Or Never” Moment: Fund Manager on Institutional Adoption

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.

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Bitcoin volume nears yearly high as sentiment indicates greed

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.

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This Indicator Predicted the 2017 and 2019 Bitcoin Rallies; It Just Flashed Again

Bitcoin is currently flashing some signs of strength as it continues consolidating within the lower-$11,000 region. Overnight, bears attempted to push the digital asset below $11,000, but this dip was met with significant buying pressure that subsequently allowed it to climb higher.

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No Joke: These Top Comedians Are Bitcoin Supporters

As Bitcoin becomes a serious financial asset, more top comedians are taking note of the asset. And it’s not acting as a butt of their jokes but as an addition to their investment portfolios. Crypto Rises From Far Corners Of The Internet Full of Memes and More Bitcoin and cryptocurrencies were born unto the underbelly […]

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With Market Share Dwindling, Is Bitcoin Still the King?

Bitcoin dominance has been in decline for the past nine months. And as unlikely as it sounds, BTC may no longer be the most dominant digital asset in a few years. Up until early 2017, Bitcoin was pretty much the only crypto asset with any real presence.

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Bitcoin Is a Big Opportunity for Investors in the Debt-Fueled Roaring Twenties

With interest rates for government debt near zero, or negative, the fixed income asset class has disappeared. The investment case for Bitcoin just gets stronger.

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Bitcoin is a more calculated asset than you think

Who appointed Goldman Sachs arbiter of the world's financial assets? Even with the investment bank decrying Bitcoin, unequivocally stating that the cryptocurrency is "not an asset class," the speculatThe post Bitcoin is a more calculated asset than you think appeared first on AMBCrypto.

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