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Former Canadian PM says Bitcoin can be one of the world’s reserve currencies

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Stephen Harper sees Bitcoin alongside gold and the US dollar as a viable global reserve asset.Bitcoin to the moonBitcoin proponents must be so excited after a blockbuster year. The asset saw widespread adoption by investment funds, traditional finance participants, family offices, and tech funds,...

Grayscale Goes on Bitcoin (BTC) Buying Spree after Raising $700 Million

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Grayscale continues to attract institutional money in 2021 after reporting a staggering $3.3 billion inflows during Q4 2020. Last week, the digital asset manager purchased nearly 10K Bitcoins worth over $300 million.Cryptocurrency asset management giant Grayscale is making bold moves once again and is...

Guggenheim Partners CIO Scott Minerd Stands by $400K Bitcoin Price Prediction

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Recently, when Bitcoin (BTC) crossed $41,500 levels, Minerd contradicted his own bullish prediction saying that it’s time for some profit-booking. However, the Guggenheim CIO clarified that it was for the short term and added that he still remains bullish on long term.Last week on...

Analysts explain why Bitcoin is primed for a rally back to $40k and higher

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The price of Bitcoin is hovering under $37,000 after the correction from $40,000 in the past 72 hours. Trader Peter Brandt believes BTC would either face a “complicated” correction or see a broader rally.Brandt, a long-time trader, pinpointed the daily price chart of Bitcoin...

Analyst on why Bitcoin and crypto may be in the midst of a “mini bear market”

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If you look at Twitter, it may appear that the crypto market is anything but bearish.Friday and Saturday were marked by extremely strong rallies in the prices of altcoins, despite consolidation in the two leading cryptocurrencies.Many small caps, medium caps, and even large-cap altcoins...

Wall Street investor advises more investors to put a few percent into Bitcoin

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A large narrative over the past few months is the introduction of institutional capital to the Bitcoin space.It began in 2020 with Paul Tudor Jones, a billionaire Wall Street investor who put a few percent of his fund into BTC futures. He did this...

Crypterium Makes It Easy to Invest in Digital Assets through Daily AI-Powered Price Predictions

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The predictions are seamlessly integrated with the Crypterium wallet that is easily accessible by login into the wallet and heading to the market section.Crypterium, a leading blockchain startup, is making it easy for individuals to invest in crypto assets through its daily AI-powered price...

Is Bitcoin price manipulation by whales a real thing?

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The Bitcoin paradox presents something of a predicament. On the one hand, Bitcoin sells itself as a financial equalizer. But at the same time, it’s one of the world’s most unequally distributed assets.David Lin, of Kitco News, raised this point in discussion with the...

On-chain data shows millionaires are flocking to Bitcoin…and there isn’t enough for all

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Demand for Bitcoin increased multifold in 2020. And on-chain data shows the asset’s limited supply may be causing a rush.The Bitcoin FOMO trainBitcoin, the world’s largest cryptocurrency, saw a push in demand last year amidst a bleak economic outlook, concerns of dollar inflation, weakened...

Singapore trading desk explains what is driving the ongoing Bitcoin bull market

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Bitcoin has undergone an extremely strong rally over recent months, despite the ongoing drop.The cryptocurrency, which trades for $36,000, is up around 100 percent in the past six weeks, and even more over the past six months. Other cryptocurrencies aside from BTC have also...