Category: Bitcoin

Jake Klein, CEO of Australian gold mining establishment Evolution Mining, has said that crypto price volatility will make gold a far more attractive proposition. Speaking to CNBC on Thursday, Klein argued that Bitcoin (BTC) is still ways away from offering the longstanding security associated with gold from a hedge investment perspective, despite Bitcoin’s returns outsizing

Bitcoin (BTC) abruptly exited lower levels to challenge firm resistance on Friday in further inspiration for bulls.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin coils up beneath major sell wall Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting local highs of $47,415 on Bitstamp overnight on Thursday. The pair had received a welcome

Wells Fargo – one of the oldest banks in the United States – has registered a new, pooled investment fund that offers its wealthy clients indirect exposure to Bitcoin (BTC). Fargo’s filing of a “Notice of Exempt Offering of Securities” — also known as a Form D — with the United States Securities Commission (SEC),

Filings submitted by the $9 trillion multinational investment manager BlackRock reveal the firm has made significant investments in two leading publicly traded Bitcoin mining firms. A June 30 filing submitted to the U.S. Securities and Exchange Commission, unearthed by Forbes, shows that BlackRock owns a 6.71% stake in Marathon Digital Holdings (MARA) and 6.61% of

Over the past seven days, Bitcoin (BTC) has failed to break through the $48,000 resistance, but its price has remained flat even as Minneapolis Federal Reserve Chairman Neel Kashkari bashed the industry. During an appearance at the Pacific NorthWest Economic Region Annual Summit on Aug. 17, Kashkari said: “So far, what I’ve seen is […]

A South African man who mined 20 Bitcoin (BTC) over ten years ago – when the flagship cryptocurrency was worth less than a penny – has lost it all, according to a report. Per the report by MyBroadband, the man pseudonymously named Mark Michaels acquired the 20 Bitcoin when he was in seventh grade.  

A popular crypto trader and market analyst thinks an upcoming Bitcoin upgrade could send the king crypto asset flying in a year-end rally. The trader, known as Crypto Messiah, makes the case for Bitcoin (BTC) in a new video from Hxro Labs, arguing that BTC will see new highs upon the arrival of the Taproot

Bitcoin (BTC) neared a critical breakout point on Aug. 19 as bulls sought to transform this week’s downtrend into a battle for resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buyers and sellers close in on BTC Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it repassed $45,000 on Thursday, climbing to highs of

Veteran trader Peter Brandt says that the formation of a rising wedge on the Bitcoin/US dollar chart is cause for concern.   Brandt poses a question to his more than half a million Twitter followers on whether the rising wedge pattern will meet expectations or disappoint. “Rising wedge – will it fulfill its expectations or

Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) is trading at its biggest discount since the May BTC price crash. Data on Thursday confirms that as BTC/USD trades near $44,000, GBTC shares are over 16.5% below the spot price. Analyst: Grayscale comeback “will take time” Grayscale, which has $42 billion in assets under management