On Monday (March 1), Jurrien Timmer, Director of Global Macro at Fidelity Investments, published a 12-page research paper on Bitcoin (title: “Understanding Bitcoin: Does bitcoin belong in asset allocation considerations?”). Timmer started by saying that he intended his paper to serve as “a brief plain-English primer, but also to assess, in a meaningful way, the value proposition of bitcoin as […]

Google Finance has added a cryptocurrency tab to its platform. The new “Crypto” tab allows users to view the historical and real-time price of bitcoin (BTC) and a few other cryptoassets, according to a Coindesk report on March 1, 2021. Google Finance Integrates Crypto In another positive development for the burgeoning cryptocurrency ecosystem, Google Finance, a platform from the stables […]

Key Bitcoin Takeaways: Bitcoin fell wildly last week as the US dollar capitalized on rising Treasury bond yields. Nonetheless, dip-buying sentiment near a technical support level kept the cryptocurrency’s bullish bias intact. A further rise in yields could have bears test the support area for a breakdown. The BTC/USD exchange rate logged a sharp rebound and erased a major portion […]

The recent push to the $1 trillion bitcoin market cap can at least be partially attributed to institutional investors; firms investing on the behalf of others or as part of their asset allocation strategies. Square, One of the Largest Corporate Holders of Bitcoin Alongside MicroStrategy, now Tesla, Square is one of the largest institutional purchasers of the asset. However, unlike […]

Bitcoin in Downtrend After another week of turbulent market volatility, the cryptocurrency market saw severe drops with Bitcoin (BTC) and its peers plummeting nearly 25% from recent highs. This selloff caught many speculators and traders off-guard, causing a panic reaction across the market. The Crypto Fear and Greed Index shifted from a weekly high of 94 back down to a […]

A researcher going by Varun has published his analysis of a little-known Twitter account he believes may have belonged to Bitcoin’s creator Satoshi Nakamoto, based on its tweets hinting about bitcoin and its active period. The researcher published its findings on Substack, as Bitcoin.com reports, and revealed the Twitter account ‘Goldlover’ (@fafcffacfff) was very active at about the same time […]

The world’s first Bitcoin exchange-traded fund (ETF) has seen massive success in its first week. It has now surpassed the 10,000 BTC milestone for the first time as data from Glassnode shows. The on-chain data analytics firm has the ETF at 10,064 BTC at press time. Canadian firm Purpose Investment Inc. became the first company to launch a Bitcoin ETF […]

Over the last few months, the amount of institutional support that the crypto institution has received has been remarkable. After years of being shunned by the mainstream financial world, PayPal, CashApp, and Mastercard have enabled crypto transactions on their various platforms. And just a few weeks ago, Tesla and BlackRock formally entered the bitcoin market. Since then, there has been […]

A publicly traded bitcoin miner has revealed they have been holding the bitcoins they have mined and have now accumulated 3,012 bitcoin, worth about $150 million. Hut 8 Mining Corp. (TSX: HUT) says they hold more self-mined bitcoin than any other publicly traded bitcoin miner in the world. They are keeping 1,000 bitcoin in a Genesis savings account generating a […]