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After BTC Slid by 14%, Onchain Analyst Says a US Based Institution Is Currently Buying the Dip
24.3.2021
After setting a new all-time high (ATH) of $61,699 on March 13, bitcoin dropped to $53,300 on March 23, a decline of more than 14% in just ten days. However, following this latest drop, onchain analyst Willy Woo speculates that another institutional investor could be buying the dip. Strong Hands...
Mad Money’s Jim Cramer Says Gold Let Him Down, Put 5% in Bitcoin
23.3.2021
Mad Money host Jim Cramer, a long-term gold proponent, says that gold has let him down. He has become more bullish on bitcoin, advising investors to put 5% of their portfolios in the cryptocurrency to protect their assets. Jim Cramer Reduces Gold Holdings, Increases Bitcoin Allocation In...
OKEx Leaves Korea, Overconfident Crypto Investors + More News
23.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
OKEx will close its South Korean OKEx Korea branch after conceding defeat in the race to implement exhaustive banking, anti-money...
Crypto-collateralized loans may soon bring new investors to space
23.3.2021
"Traditional lending services generally do not exist in the digital currency industry, which means there aren’t many lenders for investors to choose from,” said Jon Melton
Forex and crypto investors seek thrills and social status, says FCA study
23.3.2021
A new study commissioned by the United Kingdom's Financial Conduct Authority found that the profile of cryptocurrency traders skews towards thrill-seeking, trading on gut “instinct.”
Bitcoin rally slows as whales transfer wealth to retail investors
23.3.2021
Crypto analytics firm Glassnode has spotted several indicators suggesting Bitcoin's bulls could be slowing down
100,000 investors deluge Casper Labs’ token sale, with most expected to miss out
23.3.2021
More than 100,000 investors are trying to participate in CasperLabs’ offering on CoinList, but only about 12,000 are likely to secure tokens
Another Binance Smart Chain Project Turtledex Rug Pulls With Tokens Worth $2.5M Confirmed Stolen
22.3.2021
The team behind Turtledex protocol, a Binance Smart Chain (BSC) project has reportedly rug pulled its investors shortly after raising 9,000 Binance tokens worth $2.5 million. Immediately following the confirmation of the theft, the value of the protocol’s native token TTDX, reportedly plunged...
Long-term investors continue to hodl despite $1T Bitcoin market cap
22.3.2021
Only 36% of Bitcoin’s supply has moved in the last 6 months, down from 50% during last bull season
Citi Executive Says Bitcoin Will Do Well But Sees Better Investments in ‘Giant Unstoppable Trends’
20.3.2021
Citibank’s David Bailin believes that bitcoin will do well because of the level of interest from investors. While stating that the cryptocurrency can be part of a portfolio, the executive sees better investment opportunities than bitcoin in “giant unstoppable trends.” Bitcoin...
Texas Issues Orders to Stop ‘Binance Assets’ and 2 Other Fraudulent Crypto Investment Platforms
18.3.2021
The Texas securities commissioner has entered emergency cease and desist orders to stop three cryptocurrency investment platforms from duping investors in the state. One scheme operates under the name “Binance Assets.” The regulator has found that all three platforms are fraudulent....
Grayscale Launches 5 New Crypto Investment Products as Investor Demand for Cryptocurrencies Soars
17.3.2021
Grayscale Investments has launched five new cryptocurrency investment products, which are now available for subscription by eligible individual and institutional accredited investors. The company now offers a total of 14 crypto investment products. The new products are the Basic Attention Token...
Inflation Concerns Supersede Covid-19: 220 Investors Managing $650B Say Economy’s Biggest Risk Is Inflation
17.3.2021
As mainstream media pundits like the Bloomberg economics editor Peter Coy tell Americans to “tune out the hyperinflation hype,” fund managers from a recent Bank of America survey who collectively manage $630 billion, believe inflation is the biggest risk to markets right now. Instead...
BTC’s ‘Hands of Steel’- 37% of Bitcoin’s Supply Hasn’t Moved Since 2017, 55% Sat Idle After 2018’s Bottom
16.3.2021
Just recently, the onchain data and research company Glassnode published a report that introduces variations of Bitcoin’s Spent Output Profit Ratio (SOPR) and Market Value to Realized Value (MVRV) Ratio. Glassnode analyst, Rafael Schultze-Kraft, explains the difference between long-term...
Billionaire Investor Howard Marks Warming to Bitcoin
16.3.2021
Marks, who is worth $2.1 billion, said his early comments on bitcoin were a "knee-jerk reaction."
Long-term investors are hodling, with 95% of Bitcoin trades involving ‘young coins’
16.3.2021
Long-term holders are continuing to accumulate BTC while short-term speculators are selling
Not just for gamers and fanboys: Why investors should take NFTs seriously
15.3.2021
Some people are making a mint out of NFTs, and almost everyone can try their luck and experience the emerging niche
Fund Manager Warns Bitcoin Is Pointless and ‘a Particularly Vile Asset Class’
15.3.2021
Tim Bond, a portfolio manager at Odey Asset Management, has warned that bitcoin is pointless, calling the cryptocurrency “a particularly vile asset class.” He claims that bitcoin has no real social utility other than as a tool for speculation and a means to launder the proceeds...
Survey Unveils 72% of US Accredited Investors Are Planning to Invest in Defi in 2021
13.3.2021
A new survey revealed the latest trend among accredited investors in the United States, targeting the decentralized finance (defi) sphere. The study shows that a vast majority of them are likely to invest in defi this year. 70% of the Respondents Already Invested in Bitcoin According to Xangle,...
Nervous newbies are taking profits while long-term BTC investors hodl strong
11.3.2021
Despite short-term Bitcoin trading spiking in January, wallets that have been inactive for at least three years are the largest segment of the BTC holders