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“Bitcoin is on the verge of getting broad acceptance by traditional finance people”, Says…
Elon Musk believes that Bitcoin is now ripe enough to break into traditional finance. Bitcoin has been trending in the right seasons since 2020 and it is expected…
Guggenheim finally opens its doors to the firm’s Bitcoin plans
Guggenheim is a $310 billion global investment firm that is able to put up to 10 percent of its Macro Opportunities Fund into Grayscale Bitcoin Trust shares.…
Why are the traders bullish, even when Bitcoin dropped below $30k?
In the past 24-hours, the Bitcoin price dropped by 10% to$30,000. This price drop occurred just two days after this month’s futures and options expiry. Despite its…
Grayscale is all set to launch a raft of new products
If freshly unearthed filings are true, then Grayscale Investments will launch a variety of products including the Chainlink Trust. As per the State of Delaware’s…
Some Institutional Investors are gaining profits amid BTC’s recent pull-back
CoinShares released a new report that indicates some institutional investors have gained profit during BTC’s recent consolidation. CoinShares’ weekly digital asset…
270K Bitcoin are locked into the storage over the last 30days
In the past few days, Bitcoin prices are surging, but the Bitcoin investors are regularly locking up their BTC for the long-term. In the last 30 days, nearly…
45% of BTC options expire in 2 weeks and BTC open interest reaches $8.8B
From the past two months, the open interest for Bitcoin remains constant even when the figure rose by 118% to reach $8.4 billion as a new all-time high. As a result…
People will move towards Bitcoin, Says, Dr. Lawrence H. Summers
Former U.S. Treasury Secretary Dr. Lawrence H. Summersspoke on January 15, 2021, about Bitcoin and the reason why the currency should continue going up with its…
Pakistan Launches two state-owned Bitcoin mining farms
One among the four Pakistan provinces, Khyber Pakhtunkhwa (KP) is launching two state-owned Bitcoin mining farms. The announcement was made last week according to…
Grayscale resumes accepting investments in all of its cryptocurrency trusts
Grayscale, is now accepting new investments in all of its cryptocurrency trusts. In late December 2020, when the six-month lock-up period for selling shares in the…
Bitcoin is indicating growth in its maturity, but the institutional investment is small,…
Goldman Sachs’, Jeff Currie states that Bitcoin is indicating growth in its maturity, but institutional investment in this nascent market is very small. The head of…
Why would the approval of a US Bitcoin ETF send the cryptocurrency plunging in the near…
The introduction of Bitcoin Exchange Traded Fund in the US is more likely to attract investors out of renowned buying options and create a drag on the token’s…
