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The Impending Dangers of China’s Digital Yuan And Why it Poses Zero Threat to Bitcoin

Of the nearly 80 countries currently interested in developing Central Bank Digital Currencies (CBDCs), China is the clear leader. China, one of the first countries to show interest in CBDCs, has also announced its plans to be using its CBDC, the digital Yuan, by the time the Olympics come around in February 2022. The People’s […] дальше »

2021-7-28 23:39


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Capital International Buys Nearly 1 Million Shares of Bitcoin-Focused Microstrategy

Major asset management firm Capital International has gained exposure to bitcoin through investing in almost 1 million shares of Microstrategy which now holds more than 100K bitcoins. Capital International Investors (CII) informed the SEC in a filing dated July 12 that it has purchased shares of Microstrategy’s Class A common stock (MSTR). The filing states: […] дальше »

2021-7-12 03:00


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Canadian Institutional ETF Investors Are Taking Bitcoin Demand To Heightened Levels

Institutional investors in Canada are accumulating more and more shares of the recently approved Bitcoin Exchange Traded Fund or ETF, which is creating more demand for Bitcoin. This is according to data released by Glassnode, which shows that the ETF has added nearly 30% of Bitcoin invested in it in less than two months. The […] дальше »

2021-7-5 14:38


Parabolic Bitcoin Indicator Points To Dangerous Collapse To Below $20K

Bitcoin price is in a downtrend, after spending nearly a full year in a parabolic uptrend. An indicator bearing the “parabolic” name on monthly timeframes has given a signal, that according to past instances, has always resulted in a catastrophic fall in the top cryptocurrency by market cap. Even if the resulting selloff ends up […] дальше »

2021-6-26 21:58