Category: Bitcoin

The majority of fund managers surveyed by Bank of America Corp. think that Bitcoin (BTC) still has plenty of gas in the tank, despite its recent crash from an all-time high of $64,800 to a low of about $33,450. The poll, which ran from June 4th to June 10th and involved 224 investors with $667

Bitcoin bull and the CEO of enterprise analytics software firm MicroStrategy, Michael Saylor, is lnaming the three main components that he believes comprise the crypto ecosystem. In an interview with CNBC, Saylor lists ‘digital property’ as the first component of the cryptocurrency universe. While likening Bitcoin to precious real estate in the New York City

Cardano founder Charles Hoskinson believes Bitcoin is not well-suited to survive a one-on-one match with Ethereum. Hoskinson, the co-creator of Ethereum and the chief executive of IOHK, the firm behind blockchain platform Cardano (ADA), tells AI researcher Lex Fridman that Bitcoin is an incredible first-generation product, but is becoming primitive relative to other, newer crypto

Real Vision founder and macro analyst Raoul Pal says Ethereum is beating Bitcoin in the race for widespread user adoption. In a new interview on UpOnly, Pal highlights the key criteria underscoring Ethereum’s popularity and an adoption rate that is far outperforming Bitcoin.   “And we know it by the number of developers on it,

Whales are busy buying Bitcoin (BTC) now that the price of the top crypto has dropped from an all-time high of nearly $65,000 to below $40,000. According to the crypto analytics firm Santiment, Bitcoin addresses holding 100 to 10,000 BTC added a total of 90,000 BTC in the last 25 days – currently valued at

Institutional investors have been showing a stronger appetite for a carbon-neutral Bitcoin (BTC) investment solution by One River Digital Asset Management. One River Digital, a crypto-focused hedge fund offering exposure to Bitcoin and Ether (ETH), announced Wednesday that an “overwhelming majority of assets” in its institutional Bitcoin fund have chosen to switch to One River’s

Bitcoin (BTC) spending over three weeks in the $30,000 range is proving a crucial test for one of its best-known price models. As noted by Philip Swift, co-founder of trading suite Decentrader on June 11, Bitcoin is issuing a major challenge to the stock-to-flow price forecasting tool. Is it bounceback time for BTC price? BTC

Bitcoin (BTC) logged its best daily performance on Wednesday since Feb. 8, the day Tesla announced that it had added $1.5 billion worth of BTC to its balance sheet. The flagship cryptocurrency surged 11.98% to $37,573 after El Salvador President Nayib Bukele passed legislation that approved it as a legal tender. In short, the Central

On Friday, June 11, a total of $565 million in Bitcoin (BTC) options are set to expire. This is significant because the last couple of weeks have been a massive deception for bulls. After all, the price was struggling to sustain the $33,000 support. However, an unexpected bullish turn of events led to an 18.5%

The CEO and co-founder of hedge fund Avenue Capital Group Marc Lasry harbors one regret over his Bitcoin investment. In a new interview with CNBC, Lasry who is worth approximately $1.8 billion says that he ought to have purchased more Bitcoin when it was trading lower.   “I think the probability as more and more