Tesla’s Bitcoin Investment: About 3 to 5% of Public Companies to Follow Similar Path
The best moment to buy or accumulate any digital asset is when the prices are low, and this may be a perfect time for corporate investors to follow Tesla’s Bitcoin investment move and get on the train.Daniel Ives, a Wedbush Securities analyst, has noted...
CoinShares Introduces DeFi Index Token for Institutional Investors
The DeFi Index token consists of wrapped assets – the company’s gold token DGLD (wDGLD), Bitcoin (wBTC), and Ethereum (wETH). CoinShares, the world’s first digital asset investor to launch a regulated Bitcoin (BTC) investment fund, has released decentralized finance (DeFi) Index Token to target institutional investors....
South Korea’s Bank Chief Expresses Skepticism about Crypto Industry
The bank’s chief also mentioned that the apex bank was making considerable progress with its central bank digital currency (CBDC) project.
A top executive of South Korea financial regulator Lee Ju-yeol, who is the governor of South Korea’s bank, has said that crypto like Bitcoin...
Canadian Bitcoin ETF to Hit $1B AUM by Friday, Bloomberg Analyst Expects
The emanation of the Bitcoin ETF in North America has been a good event but the US is still not sure of when their first Bitcoin ETF will see the light of the day.Following the boom of the entire cryptocurrency market led by Bitcoin,...
Bitcoin may suffer several corrections on its way to $200k, suggests Peter Brandt
Peter Brandt, veteran trader and author of “Diary of a Professional Commodity Trader,” pointed out that while Bitcoin’s (BTC) price could reach $200,000, history shows that it’s prone to massive corrections of 30% or more.“In the 2015-2017 bull market in $BTC, there were nine...
Tesla Makes Roughly $1B of Profit from Its Bitcoin Investment, Wedbush Analysts Say
The reported profit estimates from Tesla’s Bitcoin purchase may appear attractive to other publicly traded companies in the United States and beyond.Analysts from Wedbush Securities, a Los Angeles-based investment company, have revealed the approximate profitability of the Bitcoin (BTC) investment made by electric vehicle...
Bitcoin Tops New ATH Above $58,300, Elon Musk Calls BTC Price ‘High’
Elon Musk said that the Bitcoin (BTC) price was high as it crossed $53,000 levels and hit over $1 trillion valuations. However, Bitcoin bulls continue to take the price higher with the next immediate target at $60K.Bitcoin (BTC), the world’s first trillion-dollar crypto asset...
India Expects Promoters to Sell All Their Cryptos before Raising Funds from IPO
According to reports, the current parliamentary session in India will see a new bill passed to order the ban on the use of all private cryptocurrencies.The Securities and Exchange Board of India (SEBI) has been said to inform promoters to sell all their cryptocurrencies...
Bitcoin Price at Risk as BTC Market Liquidity Dips
Many analysts believe the risk coming in for Bitcoin raises a caution to investors.
Bitcoin with an incredible run recently saw its market cap skyrocketing to whooping $1 trillion, a new record for the crypto market. Bitcoin’s market record gained the cryptocurrency even more popularity...
South Korea Imposes 20% Crypto Tax and New Cryptocurrency Regulations
Crypto tax regimes have generally drawn criticism from South Korean crypto enthusiasts who believe the imposed taxes are heavier on cryptocurrency trading when compared with stock investment.Authorities in South Korea are set to implement a 20% crypto tax on all profits made through crypto...
