Cathie Wood: Crypto Market Cap Must Reach $2T for Bitcoin ETF to Be Approved
Catherine Wood also praised the newly nominated head of SEC Gary Gensler is “very pro Bitcoin”.The CEO of Ark Investment Management Cathie Wood has said that financial regulators in the United States will not assent to a Bitcoin exchange-traded fund unless the overall market...
26th January: BTC/USD Declines to Test 31,000 Support Level, ETH/USD Holding above 1,300
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements.BTC/USDBTC/USD opened the week of 25th January, Tuesday, at 32,307 as per the exchange rate on CEX.IO. The pair rose to 32,800 in the first two...
Binance CEO: We’re in the early stages of a multi-year crypto bull cycle
Binance CEO Changpeng Zhao (CZ) predicts this current crypto bull cycle may run up until 2024. Speaking to Ran Neuner, the co-founder of On-Chain Capital, Zhao shared his predictions for the future, including a call that several bull years lay ahead.CZ said:“We’re just seeing...
Former Goldman Sachs exec Raoul Pal: Bitcoin price could hit $50,000 by March
Bitcoin has finally begun to cool down after an extremely strong rally in December and early January.After peaking at $42,000 earlier this month, the cryptocurrency has settled toward $31,000, which is over 25 percent off those highs.Analysts remain confident that this malaise won’t stop...
Bank of England governor is bearish on Bitcoin, but sees growth of CBDCs
The crypto skeptic made the comments in an online discussion during this year’s Davos agenda.Bitcoin not the solution?Bank of England governor Andrew Bailey does not see Bitcoin and other cryptocurrencies existing in their current forms for a long period, especially as the broader technology...
Glassnode Anticipates Another Bitcoin Bull Run as HODLing Continues to Rise
The number of holders with at least 1,000 BTC in their portfolios or crypto wallets has increased by 11% this month according to Glassnode.
Glassnode has predicted an imminent Bitcoin bull run, highlighting HODling as a key component to that feat despite the cryptocurrency’s recent...
Bitcoin Average Daily Trading Volume Tops $12.3 Billion in 2021
Bitcoin outpaced other digital assets as it saw 97% of the total inflows, notwithstanding the fact that it dominates the Assets Under Management (AUM) by 83%.Bitcoin is building on its reputation as the world’s largest cryptocurrency by market capitalization as a new report has...
Anthony Scaramucci says Bitcoin is “as safe as bonds and gold” after $310m bet
A New York-based fund manager who splashed big money into Bitcoin this month contested the bullish case for the asset in an opinion piece.Why Bitcoin for the futureSkyBridge Capital co-founder Anthony Scaramucci spoke about the bullish case for Bitcoin in the coming years in...
Altcoin & DeFi Market Booming: Chainlink (LINK) Sets New Record-High amid Bitcoin Consolidation
Chainlink has emerged as the best performing crypto over the last week with its price moving past $25 over the last weekend. Also, the massive surge in DEX activity has led to a rally in the DeFi market with the total value locked going...
The dominoes are falling: Another NASDAQ-listed firm just bought Bitcoin
NASDAQ-listed Marathon Patent Group just announced it had purchased 4,812.66 Bitcoin in a $150 million aggregate deal.The firm’s CEO and Chairman Merrick Okamoto said the move puts Marathon in contention with investors seeking Bitcoin exposure. But just as relevant, Okamoto also referred to Bitcoin’s...
