Category: Bitcoin

The CEO of crypto-focused investment firm New York Digital Investment Group (NYDIG) says governments are now contemplating investing in Bitcoin (BTC). Robert Gutmann confirms in an interview with Real Vision founder Raoul Pal that government-owned funds are inquiring about the possibility of buying the flagship cryptocurrency. In response, Pal reveals that Temasek Holdings, an investment

Bitcoin (BTC) may have shed $10,000 in a week but the cryptocurrency’s “supply crisis” is more real than ever. According to the latest data from on-chain monitoring resource Glassnode, exchange BTC reserves are at an all-time low. Everyone wants BTC In a telling depiction of investor strategy, exchange reserves have plummeted in recent months —

Soros Fund Management chief information officer Dawn Fitzpatrick said Bitcoin (BTC) may once have been considered a fringe asset, but the inflation of the United States dollar has changed that. Speaking to Bloomberg, Fitzpatrick said her firm — an asset management fund created by global investor George Soros — had recently begun to take an

The CEO of one of China’s largest Bitcoin mining companies says his firm is using a variety of models to try and pinpoint when Bitcoin’s current bull market cycle will end, and how high the top cryptocurrency will rise. Jiang Zhuoer asserts that Bitcoin has not nearly reached levels of attention it garnered during the 2017

Sentiment in China has slumped as WeChat searches for Bitcoin dropped 7% this week, while searches for “bear market” spiked 102%. One trend that remained strong was NFT-related, with NFTs receiving an 86% increase in WeChat searches over the seven-day period. Token sales were another hot item with interest in Casper Labs surging after signups

Crypto traders with a history of making smart moves appear to be shifting away from market volatility, according to data from the wallet tracker Nansen. On a new episode of Delta-Fi, a popular pseudonymous crypto whale known in the industry as Crypto Messiah highlights the latest data from Nansen. He says the figures suggest a

Cryptocurrency trader and YouTuber Ben Armstrong is revealing the composition of his multi-million dollar digital asset portfolio. In a new video, Armstrong says while he is heavily invested in altcoins, BTC is his largest holding which constitutes 30% of his crypto basket. Other crypto assets that comprise at least 10% of his portfolio are the

With Coinbase’s highly anticipated direct listing IPO expected to take place next month, options traders appear to be betting that Bitcoin will once again soar to new all-time highs in the coming weeks. On March 24, the founders of crypto analytics firm Glassnode tweeted data suggesting that options traders on peer-to-peer crypto derivatives exchange, Deribit,

KiwiSaver Growth Strategy, a $350 million retirement plan operated by New Zealand Wealth Funds Management, has reportedly allocated 5% of its assets to Bitcoin (BTC), underscoring the steady stream of institutional investors entering the digital asset space. Bitcoin’s striking similarities to gold were cited as one of the biggest reasons for entering the trade, according

Cathie Wood, the founder and CEO of Ark Invest, is cautioning investors not to sell or transact their Bitcoin (BTC) until the United States Internal Revenue Agency, or IRS, introduces more sensible tax policies on digital assets. In a webcast hosted by Cboe, Wood said transacting with BTC could lead to massive tax liabilities. “The