Canada’s Bitcoin ETF Debut Performance, Hit or Miss?
The first Bitcoin ETF in Canada went live on Thursday. In the first hour, around $80M shares were traded. By the end of the day, $165M shares had been exchanged.The crypto community ended last week with exciting news after the approval of North America’s...
Elon Musk Says Tesla’s Mega Bitcoin Purchase Is Not ‘Directly Reflective’ of His Opinion
Michael Saylor, the CEO of MicroStrategy, is one of those who believes Tesla’s bet on Bitcoin can have a tremendous ripple effect.Elon Musk, the billionaire Chief Executive Officer of the electric automaker Tesla Inc (NASDAQ: TSLA), has defended the firm’s latest Bitcoin (BTC) move...
Bill Gates explains why he associates Bitcoin with tax avoidance and illegal activity
Billionaire Microsoft co-founder Bill Gates said he doesn’t hold Bitcoin, nor is he short against it. Instead, Gates claims he holds a neutral position as far as the leading cryptocurrency is concerned.However, his follow-on comments contradict his opening statement. While he’s all for the...
Motley Fool to buy $5 million of Bitcoin—but it missed on a potential for $2.5 billion
The wildly popular investment and analysis magazine announced the move yesterday, years after calling Bitcoin a “terrible investment.”The Fool buys Bitcoin“We’re buying $5 million in Bitcoin on our own balance sheet. That’s right. $5 million,” reads a release by investment and analysis company Motley...
Robinhood Set to Allow Crypto Deposits and Withdrawals
At present, the Robinhood app supports seven crypto assets including Bitcoin, Dogecoin, Ethereum, Litecoin, Ethereum Classic, Bitcoin Cash and Bitcoin SV.
Robinhood, the trading platform that made the headlines during the GameStop Corporation (NYSE: GME) shares saga, has announced that it is going to enable...
Bitcoin is “eating” Gold: GOLD/BTC ratio falls to an all-time low
The yellow metal has now fallen to its lowest-ever value against Bitcoin, the digital gold, in terms of the ratio.What just happened?Simply put, the “Gold/Bitcoin” ratio calculates the price value of the yellow metal against Bitcoin. A 1:1 ratio means both gold and Bitcoin...
BlackRock Announces BTC Investment, Bitcoin Price Climbing Higher
Bitcoin has turned indomitable surging another 5% in 24-hours with BlackRock announcing its entry in BTC. The world’s largest asset manager said that Bitcoin is a potential asset class to put its excess cash to work.With a day of crossing the $50,000 milestone, Bitcoin...
Bitcoin (BTC) Tops $52,000 Following Strong Institutional Interest, Here’s What Lies Ahead
Just as BTC crossed the $50,000 milestone with a convincing rally backed by institutional players, analysts have turned bullish saying Bitcoin is all set to surge past $100K and above this year.In an unprecedented price rally that has attracted enormous community interest, the world’s...
Bitcoin Price Around $51K Now, Volatility Weakened BTC on Wednesday
Bitcoin is stable after a volatile Wednesday and mostly trading at $51,220.
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.
Bitcoin (BTC) price is over $51 now.
MicroStrategy is investing $900 million in BTC.
SynBiotic SE is converting some of its funds into BTC.
The weekly chart of Bitcoin shows the...
Bitcoin Pullback after $52K High, Bulls Begin Fight for $50K Support
In the last three months, BTC volatility stood at 87% versus 16% for gold according to JPMorgan.The much-awaited $50K BTC price tag was reached on Tuesday. At first, the largest cryptocurrency was flirting with this level. Bitcoin has now cemented its place since climbing as...
