Bitcoin

For asset managers including Skybridge Capital, an entry into the world of Bitcoin and cryptocurrencies will serve as a wake-up call for existing clients to have a positive disposition towards BTC as well as the new cryptos that will be supported.In the wake of...

Miami Mayor Francis Suarez publicly said he is considering purchasing Bitcoin for the city’s treasury.On December 29, Anthony Pompliano, the co-founder and partner at Morgan Creek, asked if Mayor Suarez should allocate the city’s treasury into Bitcoin.In response, the Mayor said he is “definitely...

The Indian government is considering a bitcoin transaction tax that would add $1 billion in revenue a year, a move some industry participants said is a sign of the government’s growing comfort with cryptocurrencies. A proposal put forward to the Central Board of Indirect Taxes...

As Bitcoin hits a new all-time high above $28,500, analysts expect that it shall peak-out in early 2021 and thus retail players could get an opportunity to buy at lower levels ahead.Bitcoin (BTC) is showing no signs of rest at the moment and continues...

Bitcoin casually breached $28,500 this morning, setting a new all-time high after breaking its previous $19,800 ATH level last month. The move came amidst new narratives spinning for the volatile asset, such as its further positioning as a “digital gold” and an American bank...

A lack of whales with bitcoin (BTC) aplenty to sell may be clearing the way for the price of the leading cryptocurrency to rise further, according to CryptoQuant Chief Executive Ki Young Ju. Fewer "whales" – bitcoin holders possessing large balances – are depositing...

Bitcoin has mostly traded in a tight, low-volume range Monday while some profit-taking from bitcoin into ether is appearing on the ETH/BTC charts. Bitcoin (BTC) trading around $26,822 as of 21:00 UTC (4 p.m. ET). Gaining 2.3% over the previous 24 hours. Bitcoin’s 24-hour range: $25,759-...

Bitcoin has seen an influx of institutional adoption over recent months.As has been covered extensively by this outlet, the past few months have seen prominent institutional investors allocate capital to cryptocurrencies to hedge their portfolios against the current macroeconomic inflation taking place. Further, many...

In a departure from our usual Crypto Long & Short format, in honor of the holiday season, I’ve written a poem that reviews the year and reflects some of the progress made in our industry. It’s not rigorous analysis, but I hope the change...

I’ve tried various ways to convince my Dad, a typical Chinese boomer, to allocate part of his hard-earned money into bitcoin, but most of my pitches have failed badly.  For thousands of years in feudal society, the Chinese have a natural inclination to believe in...