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Tue Jan 14 7:45 PM

A legacy US firm just filed for a Bitcoin ETF with the SEC…again

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Regulators have long shunned Bitcoin ETFs in the US, but that’s not stopping firms from trying their luck repeatedly.VanEck makes Bitcoin ETF moveVanEck, a New York-based investment management firm founded in 1955, has filed for a Bitcoin exchange-traded fund with the US Securities and...

Bitcoin (BTC) Price Tops $29,000 Hitting New ATH, Will It End 2020 Above $30,000?

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Bitcoin (BTC) continues with its aggressive rally as the world’s largest cryptocurrency eyes for $30,000 before bidding the final adieu to 2020. It has been a phenomenal year for BTC investors as the world’s largest has emerged a potential outperformed to Gold.Bitcoin (BTC) has...

Bitcoin Sets New All-Time High Above $28.5K; Bulls Back in the Driver’s Seat

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After seeming to take a couple of days to catch its breath following its record-setting run over the weekend, the price of bitcoin (BTC) once again resumed its torrid upward pace, setting a new all-time high $28,579.59 early Wednesday morning. BTC topped the previous high-water...

Market Wrap: Bitcoin Down to $26K but Traders Remain Bullish

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Few seem to be bothered by bitcoin’s volatility on Tuesday, as the No. 1 cryptocurrency by market capitalization declined to the $26,000 level after its first-ever trades above $28,000 on Sunday. Many market participants are convinced retail and institutional investors will push bitcoin’s price higher...

Panthers’ Russell Okung Becomes First NFL Player to Be Paid in Bitcoin

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“Pay me in bitcoin” has come true for National Football League player Russell Okung. Some 20 months and a 273% price increase after he first tweeted that demand in May 2019, Okung will be the first player from any major U.S. sports league to be...

SkyBridge Capital Has Already Invested $182M in Bitcoin

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Anthony Scaramucci’s SkyBridge Capital investment firm has invested $182 million in bitcoin, according to an investor brochure shared with CoinDesk about its forthcoming bitcoin fund.  The firm, which has $9.3 billion under management, is launching the SkyBridge Bitcoin Fund LP in January, according to Securities...

Top Bitcoin and crypto investors explain their predictions for 2021

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It’s been quite a turbulent year for the crypto market.In March, Bitcoin was trading below $4,000 and many thought that another bear market was on the horizon due to the pandemic. Just nine months later, the market is euphoric, with many thinking that the...

Michael Saylor of the North? Canadian Firm NexTech AR Uses $2M of Treasury Funds to Buy Bitcoin

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Canadian augmented reality (AR) company NexTech AR is jumping on the crypto bandwagon with plans to use its treasury funds to buy $2 million of bitcoin for “capital diversification.” Announced Tuesday, the AR company said it plans on making an initial investment of $2...

Paxful’s Ray Youssef on the Bitcoin hustle and why Africa leads crypto adoption

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Ray Youssef is a man on a mission. And he isn’t chasing token scams, pump and dumps, or the next hot DeFi project.Instead, he’s at the helm of one of the world’s biggest and oldest crypto exchange platforms, Paxful. The firm has been around...

RIOT Stock Registers Unprecedented Rally, Riot Blockchain Valuation Soars Above $1B

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Following the Bitcoin all-time high on Sunday, December 27, Riot Blockchain stock registered 20% gains on Monday’s trading session. The stock has already appreciated by 13x this year. Apart from BTC, investors of Bitcoin mining companies are making a bomb in the market.Bitcoin mining...