blockchain

On-chain data shows millionaires are flocking to Bitcoin…and there isn’t enough for all

Demand for Bitcoin increased multifold in 2020.
The post On-chain data shows millionaires are flocking to Bitcoin…and there isn’t enough for all appeared first on CryptoSlate. …

blockchain

JP Morgan Warns a US Bitcoin ETF Could Bust BTC Prices in the Short Term

Strategists at the Wall Street bank have warned that the approval of a Bitcoin exchange-traded fund in the U.S. could negatively impact its price in the short term. …

blockchain

Morgan Stanley Boosts Over 10% Stake In Bitcoin (BTC)-backer MicroSrategy

Almost every big financial institution in the world has started believing in the Bitcoin (BTC) story. Even the strong Bitcoin critics aka banking institutions are considering exposure to the world’s third-largest asset class in one or the other way. As per the latest Bloomberg report, American banking multinational Morgan Stanley increased its stake to more
The post Morgan Stanley Boosts Over 10% Stake In Bitcoin (BTC)-backer MicroSrategy appeared first on Coingape. …

blockchain

Bitcoin (BTC) Hits New All-Time High Above $35,500, SkyBridge Founder Says “Buy and Hold”

Bitcoin (BTC) continues to make a bold move northwards hitting a new all-time high above $35,500 levels. At press time, BTC is trading 15% up at $35.320 with a market cap of $657 billion. As per analysts Ki-Young Ju, this BTC price rally is because of institutional as well as retail participation. Over the last
The post Bitcoin (BTC) Hits New All-Time High Above $35,500, SkyBridge Founder Says “Buy and Hold” appeared first on Coingape. …

blockchain

Nouriel “Dr. Doom” Roubini admits Bitcoin is a “partial” store of value

One of the most staunch critics of Bitcoin over the past few years has been Nouriel “Doctor Doom” Roubini.
The post Nouriel “Dr. Doom” Roubini admits Bitcoin is a “partial” store of value appeared first on CryptoSlate. …