Analysts are still struggling to make sense of the situation surrounding both cryptocurrency and the presence of institutional traders.Institutional Traders May Not Have to List All Their AssetsThe good news is that more institutional players have become involved with crypto in recent years. New evidence from the likes of companies such as Grayscale suggest that, considering the platform has recorded more than $1 billion in BTC investments for its third quarter. This means that more than $300...
Read More »Bitcoin Takes a Dip As Unemployment Shrinks in the U.S.
After weeks of reaching new highs, both bitcoin and gold have drawn back a little bit after news has emerged that the United States is doing better in the jobs department than originally anticipated.Bitcoin Takes a Few Steps BackSometimes, it’s necessary to give something up to garner a positive outcome of some kind, and in the case of people’s livelihoods and financial stability, what could be more important? With so many people out of work as of late due to the growing coronavirus pandemic,...
Read More »Anthony Pompliano: BTC Price Could Reach Nearly Half-a-Billion
Anthony Pompliano of Morgan Creek Capital fame has always been a big bitcoin guy, and now he’s taking his predictions even further. He’s sticking to his guns when it comes to bitcoin reaching $100,000 by the end of 2021, though now he’s stating that the currency will potentially shoot up to a whopping $450K after that, and the bitcoin market cap will be comparable with that of gold and hit the trillions.Anthony Pompliano: BTC Is Going to Shoot Up, Up, UpPompliano is confident in bitcoin’s...
Read More »Rep. Tom Emmer: Bitcoin Isn’t Going Away
Congress and politicians appear to be getting in on the bitcoin and cryptocurrency game a lot more over the past several months. Recently, Republican representative Tom Emmer of Minnesota commented that bitcoin is about to get a lot stronger and much more relevant in the coming weeks.Tom Emmer: Bitcoin Is About to Get a Lot TougherBitcoin has had a very strange year in 2020. The currency initially started in the high $6,000 range but spent the first few days of the year rising into the low to...
Read More »Chainalysis: Institutional Players Are Having a Bigger Impact on BTC
According to blockchain firm Chainalysis, institutional traders are beginning to have a larger hand in how bitcoin moves and in the kinds of transactions that are occurring within the space.Chainalysis: We’re Seeing Bigger Institutional TradesIt is often said that institutional players are essential when it comes to bringing legitimacy to bitcoin and cryptocurrency. For bitcoin to be mainstream, professional traders need to use it, store it and sell it. However, it’s widely whispered that...
Read More »#942 Ethereum Classic Angriffe, 800 Millionen Dollar Bitcoin Umsatz mit Square App & Goldman Sachs Krypto Strategie
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 942. Heute sprechen wir über folgende Themen: Ethereum Classic erleidet zwei 51% Angriffe in 1 Woche, 800 Millionen US-Dollar Umsatz mit Bitcoin durch Square Cash App & Goldman Sachs Krypto Strategie. 1.) Ethereum Classic erleidet zwei 51% Angriffe in 1 Wochehttps://cryptomonday.de/ethereum-classic-erleidet-zwei-51-angriffe-in-1-woche-800-000-etc-doppelt-ausgegeben/ 2.) Square Cash App: Über 800 Millionen...
Read More »JPMorgan: Young and Old Generations Duke It Out Over BTC and Gold
According to analysts at JPMorgan, more and more young people are flocking to bitcoin and cryptocurrencies, while older generations have their eyes centered on gold.JPMorgan: Young People Like BTC, Older Ones Like GoldBoth bitcoin and gold have done increasingly well as of late. Bitcoin has shot up to roughly $11,700 at the time of writing – the highest it’s been in about a year – while gold has hit $2,000 per ounce.In a recent statement, persons associated with JPMorgan commented:The two...
Read More »Bitcoin Still Has a Few More Resistance Points to Face
Bitcoin has shot past the $11,600 mark and is now just shy of trading for $11,700. $300 more to go and bitcoin can reach $12,000, which is considered a serious level for the world’s number one digital currency by market cap.Bitcoin Continues to Shoot UpSome analysts believe that this is the start of something quite big, though it may be a bit early for bitcoin fans to break out the champagne. While things are going well for bitcoin, there are still some serious resistance points that the...
Read More »Bitcoin Is At Its Tallest Peak Since Last Summer
Bitcoin experienced a rough period earlier in the year, but at press time, the currency is trading for just under $11,700, and is at the highest point its been in roughly one year.Bitcoin Is At Its Strongest Point in 12 Months2019 was relatively shaky for the world’s leading cryptocurrency, trudging along during the first three months of that year before spiking into the $5,000 range by the time April came along. By mid-summer, the currency had shot up to well over $13,000, but eventually...
Read More »#941 Ethereum 2.0 Testnet, BaFin schließt Bitcoin-Automaten & Indien Krypto Verbot
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 941. Heute sprechen wir über folgende Themen: Ethereum 2.0 Testnet wächst rapide, BaFin schließt Bitcoin-Automaten in ganz Deutschland & Indien will Bitcoin wieder verbieten. 1.) Ethereum 2.0 Testnet wächst rapide – der Ether-Kurs (ETH) auchhttps://www.btc-echo.de/ethereum-2-0-testnet-waechst-rapide-der-ether-kurs-eth-auch/ 2.) BaFin schließt Bitcoin-Automaten in ganz...
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