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Bitcoin has Zero Value & Holds Zero BackUp: Is It Really So?


The title rightly points at the major controversial thing — the crux of Bitcoin and the value it holds in the portfolio for the institutional investors. We have heard many critics stating that cryptocurrencies hold no worth as long as investments are considered. Well, this is not just a layman...

Bitcoin Is 'Gold 2.0' And 'Binary Bet,' says Virgin Galactic Chairman


Chamath Palihapitiya. Source: a video screenshot, Youtube/Phocuswright Bitcoin (BTC) may have already created a new “quasi gold standard” for the world, and it is either going to the millions or zero, a prominent California-based venture capitalist believes. Speaking with Anthony Pompliano...

Traditional Traders Could Be Ready to Go Crypto, Prefer Bitcoin - Survey


Senior trading executives believe that larger trading companies are about to take the crypto plunge, and could be set to provide the market with a timely boost, per a new study. Bitcoin/USD is the most preferred trading pair, it added. In a report named Institutional Adoption of Digital Asset...

A Sign of Adoption: Line Says 62% of its Exchange Users Are New to Crypto


Chat app operator Line says that 62% of its Bitmax crypto trading platform users have no prior experience in cryptoasset trading. Bitmax is accessible from the Line chat app, which Line says has 83 million users in Japan. App users can access the exchange via a tab, and can also redeem points...

Revolut Brings Crypto Without Private Keys to 10m+ Users


USD 5.5bn fintech Revolut has decided to open crypto trading feature to their "standard" customers earlier than planned, thus helping crypto adoption and securing another revenue stream during the global financial and economic turmoil, prompted by the COVID-19 pandemic. The crypto...

Bitcoin And Altcoins Trend Turns Bullish


Yesterday, we saw a positive price action, resulting in more upsides in bitcoin price above the USD 6,850 and USD 7,020 resistance levels. BTC/USD even climbed towards USD 7,250 before correcting lower. The price is currently (08:30 UTC) rising and it seems like it could revisit the USD 7,250 level...

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