Category: Bitcoin

Despite Bitcoin’s big sell-off, New York investment firm Ark Invest is continuing to load up on exposure to the world’s largest digital asset alongside other institutions.  Ark Invest, founded by CEO and CIO Cathie Wood in 2014, has outperformed the market for years now, drawing attention from Wall Street as forward thinkers in traditional finance.

The quantitative cryptocurrency trading firm Alameda research is betting on a market recovery, even as Bitcoin fails to recover the $40,000 level. Sam Trabucco, a trader at Alameda, tells his 64,300 Twitter followers that crypto traders appear to be overreacting to news events.   He references the presence of prevailing bearish crypto narratives over the

After an incredible start in 2021, Ether peaked at $4,380 on May 12 but has dropped 55% since then. Unlike the leading cryptocurrency, the Ethereum network faces competition from projects that do not depend on proof-of-work, hence not facing the bottleneck issues that caused transaction fees to skyrocket. Whenever markets disappoint traders with a negative

The CEO of on-chain analysis firm CryptoQuant Ki Young Ju says there’s little doubt Bitcoin is in a bear market – the question is how long it will last. The CEO says the number of large investors sending Bitcoin to exchanges, which continues to rise as of June 21st, confirmed the state of the market.

New York Digital Investment Group (NYDIG) has partnered with Q2, a firm specializing in providing digital services to financial institutions, to provide access to Bitcoin (BTC) for bank account holders in the United States. According to a release issued on Wednesday, the partnership will potentially open up Bitcoin buying, selling and custody channels to about

A survey conducted by the creator of the Bitcoin (BTC) stock-to-flow (S2F) price model reveals that most investors no longer believe that the flagship cryptocurrency will hit $100,000 this year.  The S2F model, traditionally applied to commodities like gold and silver, predicts the performance  of an asset based on the idea that the price increases

Bitcoin (BTC) is on a “lower left to upper right trend” and its volatility should not scare investors, the former head of the New York Stock Exchange says. In an interview with CNBC on June 23, Thomas Farley revealed long-term convictions about Bitcoin and dismissed concerns over BTC price losses. Bitcoin: Going up, but not

Major crypto wallet provider Blockchain.com is integrating with Unstoppable Domains to simplify sending crypto funds for its customers. Unstoppable Domains announced Thursday that it had integrated native support for Blockchain.com, enabling that latter’s 32 million verified users to send funds with a username instead of a full-length crypto wallet address. The initiative aims to remove

Numerous governments are attempting to ban cryptocurrencies, with recent examples from China, India, Turkey and Nigeria. The reason for doing so is simple: The decentralized nature of cryptocurrencies poses a threat to the legacy financial system, and as the technology itself is still in its infancy, it seems to attract hackers. Even so, banning crypto

The Brazil Stock Exchange, or B3, has launched the trading of another Bitcoin (BTC) exchange-traded fund, marking the growing acceptance of the crypto industry in the country. Brazilian asset manager QR Asset Management started trading its Bitcoin ETF with the ticker QBTC11 on the Sao Paulo-based B3 exchange on Wednesday, Cointelegraph Brasil reported. The listing