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Bitcoin slips below $39K as Fed sends gold to 6-week lows
17.6.2021
It's been a bad 24 hours for the precious metal, which shed $100 per ounce thanks to the Fed's outlook
FCA’s Fourth Consumer Report Shows UK’s Crypto Asset Ownership Increased 27% Since Last Year
17.6.2021
The UK’s Financial Conduct Authority (FCA) has published a research report that reveals crypto asset ownership has increased a great deal. According to the study, crypto ownership spiked more than 27% since last year as the FCA’s estimates show 2.3 million adults hold digital...
Bitcoin first ‘genuinely new asset class’ in 150 years, says Ric Edelman
17.6.2021
Financial adviser, Ric Edelman says his colleagues need to get rid of their bias and examine Bitcoin and crypto assets with “open eyes” and “genuine curiosity.”
Here’s why one analyst says Bitcoin will outperform Ethereum in the short term
17.6.2021
A potential bounce in the BTC/ETH pair suggests Bitcoin will sprint past Ether in the next market rally
Bitcoin price edges higher as Fed inflation meeting sends DXY to 2-month high
17.6.2021
The U.S. dollar appeared to benefit from fresh comments by Jerome Powell, while Bitcoin remains frustrated
Genesis Digital Assets Purchases 10,000 Bitcoin Miners from Canaan
17.6.2021
The Beijing-based ASIC mining rig manufacturer Canaan announced the sale of 10,000 bitcoin mining machines to the firm Genesis Digital Assets Limited. Canaan plans to deliver the 10,000 A1246 and A1166 Pro Avalonminers by the end of the month. Canaan to Deliver 10,000 Bitcoin Miners to Genesis...
World Bank refuses El Salvador's request for help on BTC transition
17.6.2021
The World Bank has refused to support El Salvador’s request for help in the transition to use Bitcoin as legal tender
General Motors CEO: ‘Nothing Precludes GM From Accepting Bitcoin if There’s Consumer Demand’
17.6.2021
The CEO of General Motors (GM), America’s largest automaker, says that nothing precludes her company from accepting bitcoin if there is consumer demand for it. “Certainly, we want to make the whole buying and ownership experience as easy as possible,” said the GM chief executive....
Bitcoin Beach Town in El Salvador Bustles With Growth After BTC Becomes Legal Tender
16.6.2021
Ever since El Salvador passed a bill that was approved by a supermajority in the Salvadoran Congress legalizing bitcoin as legal tender in the nation, the country has remained in the spotlight. Furthermore, there’s an area in El Salvador called “Bitcoin Beach” with a small group...
Price analysis 6/16: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH
16.6.2021
Bitcoin’s recent rejection at $41,000 could extend the current range-bound action for a few more days and altcoins are expected to follow suit
Venture Capitalist Tim Draper Doubles Down on His $250K by 2022 Bitcoin Price Prediction
16.6.2021
American venture capital investor Tim Draper still believes in a bitcoin price prediction he made in mid-April 2018, at the Draper University blockchain party. At the time, Draper said that he thinks bitcoin could reach $250K by 2022, and during an interview with CNBC’s Jade Scipioni this...
Looming ‘death cross’ may put Bitcoin bull run in danger ahead of Fed meeting
16.6.2021
Analysts anticipate Bitcoin to continue its recovery rally above $40,000 on increasing anti-inflation bets. But a looming death cross could spoil the upside outlook
New Bitcoin bull market hodlers are refusing to sell at $40K, data suggests
16.6.2021
Those who bought Bitcoin this bull market are in no hurry to sell, says Glassnode, as small-time investor numbers also grow
El Salvador Gov’t Mulls BTC Pay as Int’l Bitcoin Players ‘Roll into Town’
16.6.2021
President Nayib Bukele met with bitcoiners yesterday. Source: Twitter/@PeterMcCormack
The government of El Salvador is forging away at its President Nayib Bukele’s dream of creating a bitcoin (BTC)-powered economy – with the cabinet “discussing” plans to allow firms to pay employees in BTC...
Hedge Funds Aim for $300 Billion in Crypto Assets Within 5 Years, Survey Shows
16.6.2021
Hedge funds are likely to significantly increase their crypto holdings, a global poll of chief financial officers has indicated. According to an average figure based on their forecasts, the funds will keep more than 7% of assets in cryptocurrency within the next five years. Hedge Fund CFOs Expect...
98% of CFOs say their hedge fund will invest in Bitcoin by 2026: Study
16.6.2021
The survey results coincide with U.S. inflation climbing to the highest levels since 1992
Steve Hanke warns BTC could 'completely collapse the economy' of El Salvador
16.6.2021
Steve Hanke slammed El Salvador’s Bitcoin adoption as legal tender, and questioned how Bitcoin would function in day-to-day transactions
Listed companies, trusts and ETPs now control almost 7% of the Bitcoin supply
16.6.2021
More publicly traded firms added Bitcoin to their treasuries during the first four months of 2021 than during the entirety of last year. But will it continue?
Fidelity Executive Believes Bitcoin’s Price ‘Bottom Is in’ After Last Month’s Market Carnage
15.6.2021
On Monday, Jurrien Timmer, director of global macro at Fidelity and co-manager of the Fidelity Global Strategies Fund, told his 56,000 Twitter followers his perspective on the current bitcoin prices. “In my view, it looks like the bottom is in,” the Fidelity executive explained, sharing...
Bitcoin price bottom is in, says Fidelity exec as crypto market exits 'extreme fear'
15.6.2021
Macro comparisons suggest that there's no more room for dips on BTC/USD, suggests Jurrien Timmer