Bitcoin (BTC)

We continue to see many institutions investing in crypto. Bitcoin has become the new “safe haven” for many of these companies. MicroStrategy has invested more than $400 million in bitcoin. Square has purchased $50 million worth of the asset, and now Stone Ridge Asset Management has announced an investment in bitcoin worth approximately $115 million at the time of writing.Stone Ridge Gets Its Hands on BTCMany analysts have claimed that without institutional investors, bitcoin and crypto are...

SheeldMarket, plateforme française de négociation d’actifs numériques dédiée aux traders institutionnels, est désormais enregistré auprès de l’AMF en tant que Prestataire de Service sur Actifs Numérique pour la conservation d’actifs numériques et l’achat/vente d’actifs numériques contre monnaie ayant cours légal. « SheeldMarket permet aux traders institutionnels d’acheter et vendre des blocs de...

The leading digital asset manager, Grayscale Investments, continues with its growth after registering its third consecutive record-breaking quarter with over $1 billion of inflows. Somewhat expectedly, the Bitcoin Trust remained the most widely chosen company product. $1 Billion Entered Grayscale In Q3 2020 Grayscale released its Q3 2020 report earlier, noting that the total investments into company products in those three months alone accounted for $1.05 billion. Adding the...

[Featured content] The parent company of the Bitcoin smart contract platform RSK has entered into a collaboration with Grupo Sabra to create Extrimian. Announcing Extrimian According to an official release dated September 30th, 2020, IOVlabs and Grupo Sabra have entered into a partnership to create a new joint venture called Extrimian, a new joint venture aimed at providing blockchain solutions for businesses and governments. IOVlabs is the parent company behind the Bitcoin...

Financial strategists at JP Morgan have projected a bleak outlook for bitcoin prices in the short term. According to them, the cryptocurrency has a higher price and is trending at 13 percent over its ‘intrinsic value.’ They based their analysis on ‘positioning indicators’ derived from bets made by traders in the futures markets. But does the argument hold true? The Weather in Bitcoin Land Will Consist Of ‘Modest Headwinds’ According to the latest reports from mainstream media...

Stone Ridge’s recent announcement is a work in progress that started in 2017 when it came up with New York Digital Investment Group (NYDIG), its first independent subsidiary.As a surprise to many in the cryptocurrency space, Stone Ridge Asset Management has become the latest firm to reveal huge Bitcoin investments. The firm announced that it has been able to accumulate BTC worth $115 million.On October 13th, Forbes confirmed this news about Asset Management’s purchase of these coins but...

Tron price started a steady increase from $0.0240 and climbed towards $0.0280 against the US Dollar.TRX price is now trading well above the $0.0260 support and the 55 simple moving average (4-hours).There is a rising channel forming with support near $0.0263 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue higher if it clears the $0.0275 and $0.0280 resistance levels.TRON price is currently trading in a positive zone above $0.0260 against the US Dollar, similar to...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 991. Im heutigen Video geht’s um folgende Themen: Vermögensverwalter kauft 10.000 BTC, Satoshi Cruise Schiff für die Krypto Gemeinde & Spanien Gesetz zur Krypto Offenlegung. 1.) Bitcoin in den Händen der Institutionen: Vermögensverwalter kauft 10.000 BTChttps://cryptomonday.de/bitcoin-in-den-haenden-der-institutionen-vermoegensverwalter-kauft-10-000-btc/ 2.) Cruise ship ‘Satoshi’ to house crypto companies and...

Bitcoin price started a steady increase above the $11,000 resistance against the US Dollar.The price is now trading well above the $11,240 support and the 55 SMA (H4).There is a key bullish trend line forming with support near $11,320 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to rally further if it clears the $11,450 and $11,500 resistance levels.Bitcoin price is trading in a positive zone above the $11,240 pivot level against the US Dollar. BTC...

In times of pandemic, uncertainty, and risk, exposure to new of investments is more a necessity rather than a recommendation. According to Fidelity, one of the largest brokers in the U.S., Bitcoin is an excellent investment for those considering to exit banks and enter the markets.In October 2020, Fidelity Digital Assets, a branch of Fidelity focused on the crypto markets, released a report named “Bitcoin Investment Thesis: Bitcoin’s Role As An Alternative Investment.” In it, they analyze...