Grayscale Sweeped $1.27 Billion In BTC Off The Market In One Week

Despite the recent drop in the topmost cryptocurrency value by market cap, institutional traders, who have immensely been the asset’s driving force in recent times, haven’t slowed down in raking as much as they can lay their hands on off the market. According to a recent sales report by Grayscale Investment submitted to the United States Securities and Exchange Commission […]

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Overall bitcoin-related crime fell last year, but one type of crypto hack is booming

Cryptocurrency-related crime fell last year to a small fraction of overall trading volume. But some targeted hacks boomed as criminals exploited people working from home during the pandemic. Last year, illicit activity made up 0.34% of all cryptocurrency transaction volume, according to a report from blockchain data firm Chainalysis. That was down from roughly 2% a year earlier. "We saw […]

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Crypto Influencer Says Bitcoin Price Will Reach $100K by End of 2021

In a recent interview, Anthony Pompliano (aka “Pomp”), partner and co-founder at crypto-focused asset management firm Morgan Creek Digital Assets, talked about Bitcoin in general and his Bitcoin price predictions in particular. Pompliano’s comments came during an interview (released on January 22) with Daniela Cambone, Editor-at-Large and Anchor at Stansberry Research. Cambone stated the interview by asking Pompliano how he is able to handle Bitcoin’s recent […]

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JPMorgan: BTC Cannot Diversify Portfolios Like We Think

JPMorgan keeps talking about bitcoin as of late. Recently, analysts from the financial giant claimed that if it didn’t spike back to $40,000 soon, traders would likely see their portfolios dwindle and their stashes were likely to experience major suffering. With the asset’s recent $9,000 drop after reaching its new all-time high, one must wonder if it will take a […]

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Joe Biden’s Treasury Secretary Nominee Asserts Bitcoin’s Potential

Mrs. Janet Yellen has made a follow-up comment about cryptocurrencies since the previous one in her recent confirmation hearing. In what seems like a contrary statement, the Treasury secretary nominee is now asserting the potential of digital currencies. The senate committee on finance proposed the question which reads; “Dr. Yellen, what do you view as the potential threats and benefits […]

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Thousands of Executives to Attend MicroStrategy’s Bitcoin Conference

MicroStrategy is to open source their bitcoin playbook in one of the most important conference in bitcoin’s history to be held next month on February 3rd at 12:00 to 4:45 pm EST with Michael Saylor, MicroStrategy’s CEO, stating: “We’re going to have thousands of executives, officers and directors and advisors of corporations coming together in the first week of February […]

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Sophia Bera: Complete These Tasks Before Getting Involved in BTC

Bitcoin continues to surge like there’s no tomorrow, and as a result, many people are getting involved in the space without too much thought. However, according to certified financial planner Sophia Bera, there are several things one needs to do before they even consider getting involved in bitcoin and in the cryptocurrency space. Sophia Bera: There Are Tasks to Complete […]

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Swiss Bank to Start Market Making Bitcoin ETPs, Taps Specialists

Professional market makers are coming to crypto ETPs trading in Europe after volumes surge, especially in Germany’s BTCetc. “As a market maker, it is a great market to be in due to the arbitrage involved,” said Stefan Kaba-Ferreiro, head of trading at GHCO, before adding: “Previously, liquidity providers could make $200 spread on a single bitcoin trade compared to mere […]

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