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Bitcoin will overshadow Gold’s $10 trillion market cap with ease, says acclaimed stockpiler
According to recent reports, analysts at investment management firm, Ark Invest, firmly believe Bitcoin will effortlessly exceed gold’s $10 trillion market capitalization, assuming the position of the asset with the highest market valuation. дальше »
2021-4-7 23:42 | |
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Digital Asset Manager Grayscale Says It Is ‘100% Committed To Converting GBTC Into An ETF’
On conversion of GBTC into an ETF, the holders of GBTC shares won’t need to take any action, and the management fee, currently at 2%, will be reduced. Meanwhile, the world’s first Bitcoin ETF (BTCC) holds 16,462 BTC without a single outflow since its debut. дальше »
2021-4-6 19:12 | |
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Grayscale Reveals Intentions to Convert the Firm’s Bitcoin Trust Into an ETF
On Monday, the digital currency asset manager Grayscale Investments announced intentions to file for a bitcoin exchange-traded fund (ETF) when permissible. The subsidiary of Digital Currency Group (DCG) says in regard to its crypto trust products that it always been the company’s intention “to convert these products into an ETF. дальше »
2021-4-6 17:30 | |
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Hip-Hop Star Snoop Dogg Says Bitcoin ‘Here to Stay’— Lauds NFTs for Creating Direct Connection Between Artists and Fans
Pioneering hip-hop artist and businessman, Snoop Dogg has said he believes in bitcoin, the (blockchain) technology behind the crypto asset and the global connection it creates. The celebrity adds that while he’s not “too caught up in the value of the coin,” he has been around long enough to “know it’s here to stay.” Not […] дальше »
2021-4-4 22:30 | |
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BNY Mellon Report Compares Bitcoin and Gold, Study Says ‘Gold Is the Only Globally Accepted Currency’
The popular safe-haven asset gold recently posted the lowest settlement in three weeks, as a firm dollar and bond market yields have weakened support for the precious metal. The financial goliath BNY Mellon also published a report about the differences between gold and bitcoin and the study said that the crypto asset “fits the description […] дальше »
2021-4-1 03:30 | |
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Cryptopia liquidators to begin account holder ID process
Three months on from the launch of its claims portal for account holders, Cryptopia liquidators Grant Thornton says the ID verification process should begin within the next two months - with asset distribution to follow. дальше »
2021-3-31 15:05 | |
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Soros Fund Interested in Crypto Infrastructure Says CIO
“We’ve been making some investments into that infrastructure,” she told Erik Schatzker on Bloomberg’s Front Row. “I’d say it’s everything from exchange asset managers, custodians to the mundane, like tax reporting on your crypto gains, and everything in between. дальше »
2021-3-26 12:58 | |
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Most asset managers still in ‘education mode’ on crypto, says Fidelity
Michael Derbin, head of Fidelity Institutional, says that while some wealth managers are by now “sophisticated” and “comfortable” with crypto, many others are still playing catch up. дальше »
2021-3-25 13:36 | |
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Bitcoin is More of a Gold Substitute than the Dollar, Fed Chair Powell Says
The Chair of the US Federal Reserve argues that while Bitcoin (BTC) is too volatile to be considered money and is “backed by nothing,” it could be a substitute for gold. He also recently made a statement on Bitcoin, which has affected the asset’s price seeing it drop by $1,000. Powell’s View on Cryptocurrencies InRead More дальше »
2021-3-24 16:30 | |
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‘Wolf of Wallstreet’ Jordan Belfort Now Bullish on BTC, Says Crypto Asset Will Reach $100,000
Jordan Belfort, the self-proclaimed “Wolf of Wallstreet” has moved away from his bearish views on bitcoin and now predicts the crypto asset might reach $100,000. Belfort, who has reinvented himself as a motivational speaker and consultant, says bitcoin unlike company stocks is more about “pure supply and demand. дальше »
2021-3-23 19:45 | |
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Solana (SOL) is ‘Uniquely Positioned’ to Snatch Market Share from Ethereum & ETH Killers, says VC
With a market cap of $4.3 billion, SOL is the 24th largest crypto asset, trading around $16.12, up 20% in the past 24 hours and 800% YTD. Over the weekend, Sino Global Capital, which invests in blockchain projects, shared their research on why they are bullish on Solana, a high-performance blockchain that was chosen by […] The post Solana (SOL) is ‘Uniquely Positioned’ to Snatch Market Share from Ethereum & ETH Killers, says VC first appeared on BitcoinExchangeGuide. дальше »
2021-3-22 17:31 | |
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Ethereum Could Replace Bitcoin to Become Top Crypto Asset: Researcher
Ethereum, the second-largest blockchain network by valuation, has the potential to jump to replace Bitcoin to become the top digital asset, says Ryan Watkins of Messari. The senior research analyst cited a flurry of catalysts that could lead to the so-called flippening event. дальше »
2021-3-18 14:30 | |
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Cryptocurrencies Getting Closer to the Threshold for Major Institutional Adoption, Says Morgan Stanley
According to the latest report from investment firm Morgan Stanley, cryptocurrencies are getting closer to becoming an emerging investable asset class. Crypto-Assets Highly Speculative but at a Major Threshold This was revealed in a new investor note handled by the Morgan Stanley wealth management unit dated Wednesday, March 17. The investor note penned by LisaRead More дальше »
2021-3-18 11:00 | |
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US House Representative Ro Khanna Lauds BTC Which ‘Cannot Be Devalued’- Calls for Less Carbon Intensive Mining
After Elizabeth Warren, the U. S. Senator for Massachusetts called bitcoin a speculative asset, Ro Khanna, the U. S. House Representative for California has spoken in favor of the crypto asset. дальше »
2021-3-8 21:00 | |
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$1 Million per BTC in 10 Years: ‘In Terms of Dollars Bitcoin Is Going to Infinity,’ Says Kraken CEO
While bitcoin prices have been coasting along between $46k to $48k during the last three days a number of proponents are still bullish about the crypto asset’s long-term value. On Thursday, Kraken CEO Jesse Powell said that he thinks bitcoin could easily reach a million-dollar valuation per coin. дальше »
2021-3-6 02:30 | |
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Hyperbitcoinization’s Small Minority: Economist Says Bitcoin’s Growing Success Will Lead to Perverse Consequences
Last Sunday, the price of bitcoin touched an all-time price high at $58,354 per unit and surpassed a $1 trillion market capitalization. Bitcoin’s value has dipped since then, but the decentralized crypto asset’s market still captures a large $900 billion valuation. дальше »
2021-3-2 21:30 | |
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A “BIG Deal:” Stone Ridge Files to Add Bitcoin to its Diversified Alternatives Fund
It “opens the door for every mutual fund to add BTC,” says excited Anthony Scaramucci of SkyBridge on asset manager becoming the open-ended mutual fund to buy Bitcoin. The post A “BIG Deal:” Stone Ridge Files to Add Bitcoin to its Diversified Alternatives Fund first appeared on BitcoinExchangeGuide. дальше »
2021-2-27 21:33 | |
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Bitcoin Has No Intrinsic Value, Asset Is Too Volatile, Says Bank of Korea Governor
Bank of Korea Governor Lee Ju-yeol has said that crypto assets like bitcoin have no intrinsic value – put simply, a measure of what an asset is actually worth. ● Speaking in the National Assembly on Feb. дальше »
2021-2-25 03:30 | |
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Indian Billionaire Investor Rakesh Jhunjhunwala Says He’d Never Buy Bitcoin, Calls for Ban on BTC
One of India’s most revered investors has voiced strong criticism against Bitcoin, backing a proposed government ban against the top cryptocurrency. Rakesh Jhunjhunwala believes Bitcoin is a purely speculative asset with no real use. дальше »
2021-2-24 20:46 | |
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Bitcoin Price Drops 18%, Fed Discusses ‘Soft’ Inflation, Analyst Says BTC Sell-Off Attracts More Investors
Digital asset markets are seeing some turbulence on Tuesday as the entire crypto market capitalization has lost 11% in value during the last 24 hours. Bitcoin has slid to a low of $44,846 during the morning trading sessions (EST) losing more than 18% during the last day. дальше »
2021-2-24 19:05 | |
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Speechwriter for Former US President George Bush Says BTC Rally Driven by ‘Historically Low Interest Rates’
A speechwriter for former U. S. President George W. Bush and a bitcoin critic, David Frum has claimed that the low-interest rates are fueling the crypto asset’s rally. Frum suggests that the crypto asset might experience a “fast and deep price crash” if and when interest rates start to rise. дальше »
2021-2-23 10:00 | |
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‘Bitcoin Is the Biggest Jailbreak in Human History,’ Says Philosopher Stefan Molyneux
On February 19, the Canadian podcaster and Freedomain Radio host, Stefan Molyneux, discussed his thoughts about bitcoin following the crypto asset’s tumultuous rise capturing over a trillion-dollar market valuation. дальше »
2021-2-23 20:15 | |
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World’s Largest Asset Manager Blackrock Enters Bitcoin Space — Discusses What’s Driving Up BTC Price
The world’s largest asset manager with almost $9 trillion in assets under management, Blackrock, has started investing in bitcoin. Sharing his view on what’s driving up the price of the cryptocurrency, the firm’s chief investment officer says the technology and the regulation have evolved to where people find bitcoin should be part of their portfolios. […] дальше »
2021-2-19 20:30 | |
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'Bond King' Jeffrey Gundlach says Bitcoin may be a 'stimulus asset,' not gold
Jeffrey Gundlach, founder of DoubleLine Capital, who had declared that he does not believe in Bitcoin, seems to have changed his opinion about the asset. In his latest tweet, the DoubleLine CEO comparThe post 'Bond King' Jeffrey Gundlach says Bitcoin may be a 'stimulus asset,' not gold appeared first on AMBCrypto. дальше »
2021-2-19 00:30 | |
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Morgan Stanley: Cryptocurrencies Here to Stay as Serious Asset Class, Bitcoin Making Progress to Replace Dollar
Morgan Stanley’s chief global strategist says that “regardless of where the price of bitcoin goes next, cryptocurrencies are here to stay as a serious asset class. ” He added that bitcoin is making progress towards replacing the dollar as a medium of exchange. дальше »
2021-2-15 19:30 | |
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Here’s why Litecoin (LTC) price jumped 13% this morning
Litecoin (LTC) price is trading almost unchanged on the day after the digital asset traded in a volatile manner during the Asian trading session. Fundamental analysis: PayPal says it will not invest cash in crypto PayPal, which also enables payments as Litecoin, said it does not plan to invest in cryptocurrencies. дальше »
2021-2-16 17:19 | |
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‘Black Swan’ Author Pulls a 180- Nassim Taleb Says ‘Bitcoin’s a Failure, at Least for Now’
On February 12, the well known Lebanese-American essayist and risk analyst, Nassim Nicholas Taleb, declared that the leading digital currency bitcoin is a failure, at least for now. Cryptocurrency fans have been upset by Taleb’s recent statements, after it seems the renowned author has done a complete 180 after supporting the crypto asset for years. […] дальше »
2021-2-15 18:30 | |
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Bitcoin’s Rapid Increase Should Compel Crypto Investors to Own Gold, Says Top Miner
Sandeep Biswas, chief executive officer of Newcrest Mining, one of the world’s biggest gold miners, has said that the sharp increase in bitcoin prices should compel crypto investors to hold gold as a safe-haven asset. дальше »
2021-2-14 12:05 | |
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Stable Gold May Act As A Hedge Against Crypto Volatility Says Top Gold Miner
The age-old safe haven asset is tangible, and crypto holders should consider having some gold, said Newcrest Mining Ltd. CEO Sandeep Biswas. The post Stable Gold May Act As A Hedge Against Crypto Volatility Says Top Gold Miner first appeared on BitcoinExchangeGuide. дальше »
2021-2-13 22:24 | |
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ECB President Says Central Banks Are ‘Very Unlikely’ to Add Bitcoin as a Reserve Asset
In a Business Insider report, European Central Bank (ECB) President, Christine Lagarde, repeated her skepticism on Bitcoin, stating central banks are not looking to add the digital asset as a reserve currency any time soon. дальше »
2021-2-11 19:23 | |
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CME Ether Futures Launch Boosted Institutional ETH Investment Inflows
Crypto asset management firm CoinShares says the optimism generated by the launch of Ether (ETH) futures on the Chicago Mercantile Exchange (CME) triggered an influx of institutional funds into the second-largest crypto by market capitalization. дальше »
2021-2-10 21:00 | |
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Michael Saylor Predicts Massive Investor Shift from Gold to Bitcoin After Buying Another $10M Worth of BTC
Michael Saylor, the ‘bitcoin slayer’ that needs no introduction, continues his attacks on everything non-bitcoin, this time unleashing his wrath on gold. It Feels Great, Says Saylor of Owning More Than 71K Bitcoins In an interview with Andrew Henderson of Nomad Capitalist, a legal finance advisory, Saylor, condemning gold as a “dying asset” and “dead […] дальше »
2021-2-3 19:30 | |
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BIS Chief Banker Criticizes Bitcoin as Inherently Risky, Says BTC Vulnerable to 51% Attack
Bank for International Settlements (BIS) general manager Agustin Carstens has criticized bitcoin saying the asset was inherently risky and “increasingly vulnerable” to a 51% attack. A long time bitcoin (BTC) skeptic, Carstens stressed that only central banks should be issuing digital currencies. дальше »
2021-1-29 09:30 | |
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