Mike Novogratz — ‘The Herd Is Coming,’ for Real This Time
Galaxy Digital chief Mike Novogratz has been a leading voice in the cryptocurrency market. As a former hedge fund trader, he has a rare pulse on the institutional investor community and how they feel about bitcoin. During a Benzinga Boot Camp in conjunction with BlockFi, Novogratz shared his thoughts with host and podcaster Peter McCormack on how far the cryptocurrency industry […]
BITCOIN 2020 so far: How has Bitcoin’s price fared?
Volatility is a given in the Bitcoin market, but nowadays, it’s a given in every market. Let’s face it – 2020 hasn’t been a good year for a lot of things, least of all the financial markets. With stock markets hitting record-lows, inflation only likely to rise from here, and investors puzzled with all that’s […]
Institutional Investors Say They’ll Buy More Bitcoin: Survey
A new report from cryptocurrency insurance company Evertas suggests that institutional investors plan to increase their focus on crypto assets in the next five years. Evertas surveyed investors that oversee some $78.4 billion worth of collective assets, and 64% of respondents reported that they expect a slight rise in crypto investments from the likes of […]
U.S SEC, OCC issue first regulatory guidance for stablecoins
U.S Securities and Exchange Commission (SEC) and the Office of the Comptroller of the Currency (OCC) issued a stablecoin guidance on Monday for U.S national banks and federal savings associations to hold stablecoin reserves. This would be the first detailed national guidance on how cryptocurrencies backed by fiat currencies, with the dollar in particular, should […]
DEFI’S CRITICAL CORRECTION COULD DRAG BITCOIN LOWER, ANALYST SAYS
While Bitcoin has been relatively stagnant over recent days, top coins in the decentralized finance have been undergoing strong corrections. Analysts think that this could result in a strong correction in BTC itself. BITCOIN COULD BECOME WEAK AS DEFI COINS FORM WEAK TRENDS While Bitcoin has been relatively stagnant over recent days, top coins in […]
ANALYSTS EXPECT BITCOIN TO DIP TO KEY “LIQUIDITY CLUSTERS” BEFORE RALLYING
Bitcoin has been facing some mixed price action as of late, with buyers and sellers both engaged in a heated battle for control of its near-term outlook Despite attempting to break below its last-ditch support between $9,900 and $10,000, BTC is now pushing back towards its key $11,000 resistance region Where the cryptocurrency trends next […]
Cameron Winklevoss Explains How BTC Is “Emergent Money”
Cryptocurrency is a term that has been used to describe assets such as bitcoin for over 10 years now but some people within the industry are sceptical on whether the “Currency” term is appropriate. Instead, some people call these digital assets a “store of value”. Cryptocurrency is a term that has been used to describe […]
Bitcoin ATMs Worldwide Pass 10,000 Milestone
The number of global Bitcoin ATMs hit 10,000 on Wednesday, seven years after the first machine was installed in Vancouver, Canada. According to Norwegian financial services company AksjeBloggen, the total number of Bitcoin ATMs has increased significantly in recent years—jumping 87% from the 5,336 recorded just a year ago. A reflection of the cryptocurrency space’s broader growth, […]
Bitcoin Could Soon See Explosive Momentum if It Shatters One Key Level
Bitcoin’s bulls are flexing their strength today, pushing the benchmark digital asset towards $11,000 as they attempt to reverse the recent downtrend that it has been caught within. There’s no doubt that today’s move – coupled with that seen yesterday – is positive for the crypto’s near-term outlook, but it is important to keep in […]
NASDAQ-Listed MicroStrategy Buys $175 Million More Worth Of Bitcoin
The NASDAQ-listed company providing business intelligence and mobile software MicroStrategy has added $175 million worth of Bitcoin to its portfolio. The addition comes just a month after the firm purchased $250 million of the primary cryptocurrency. MicroStrategy Doubles Down On Its Bitcoin Accumulation As CryptoPotato reported a month ago, the Virginia-headquartered company developing software to analyze internal and […]