blockchain

Mayor Francis Suarez talks benefits of buying Bitcoin for Miami’s city treasury

The official has spearheaded progressive technology regulation for the East coast city.
The post Mayor Francis Suarez talks benefits of buying Bitcoin for Miami’s city treasury appeared first on CryptoSlate. …

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Mike Novogratz Sees More Institutions Flocking into Bitcoin in 2021

Bitcoin’s recent rally has been mostly due to the influx of institutional investors into the market. However, there have been questions about how long this […] …

blockchain

Increased institutional investors needed to stabilize crypto market volatility – Goldman Sachs

TL;DR Breakdown Jeff Currie believes that institutional investors would help stabilize the crypto industry. The numbers of institutions investing in cryptocurrency has increased since last year. Jeff Currie, the global Head of Commodities Research at Goldman Sachs, in an interview on CNBC’s The Coin Rush, made it known that institutional investors would play a pivotal […] …

blockchain

Survey: Nearly 50% more US financial advisors allocated to crypto in 2020

TL;DR Breakdown: More financial advisors in the US allocated to cryptocurrencies in the past year. Interest in crypto is also rising amongst these advisors in 2021. Unarguably, the digital currencies market had an outstanding performance and growth in the just-concluded year. After the market crash in March, especially, cryptocurrencies like Bitcoin (BTC) became very attractive […] …

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Bitcoin price : ‘the higher it goes, the lesser the risk’ – Bill Miller

TL;DR Breakdown William Miller says the higher the price of Bitcoin gets, the less riskier it becomes. The Bitcoin asset can now be thought of as a digital gold In an interview with Kelly Evans on CNBC’s “The Exchange”, William Miller, a legendary American investor has spoken about how incredible Bitcoin is currently performing. According […] …

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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. …

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Bitcoin Price Crashes by $5,000 as Asian Whales Start Selling, Would US Market Follow the Suit?

Bitcoin price finally showed signs of market correction as its price crashed by over $5,000 to record a 24-hour low of $28,286. The selling pressure was mounting on the top cryptocurrency as it defied many odds to continue its rally above $34,000 initiating on Christmas eve. Many believe the current market correction was triggered by
The post Bitcoin Price Crashes by $5,000 as Asian Whales Start Selling, Would US Market Follow the Suit? appeared first on Coingape. …

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Bitcoin price takes a crack at $33k

TL;DR Breakdown Bitcoin set to mark 12th birthday with all-time high price The coin moved from 30k to 33k within seven hours  In less than 24 hours, it would have been 12 years after the first Bitcoin was mined. Since then, the coin has grown from being worth a few hundred dollars to a value […] …

2020 Year In Review: Bitcoin’s Journey From $3800 To Nearly $30K

2020 has been an exciting year in the cryptocurrency field. Here are some of the most important events in Bitcoin’s journey to almost $30,000. …

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. …

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What does Trump/Biden Presidency mean for Bitcoin [BTC] Prices?

Nothing better than the pandemic has united the people of the world. As we struggle together with the second wave of Coronavirus coupled with new lockdowns, Bitcoin has managed to soar higher to levels not seen in a couple of years. Another important event is right around the corner and regardless of who wins the
The post What does Trump/Biden Presidency mean for Bitcoin [BTC] Prices? appeared first on Coingape. …