Goldman Sachs’ Chief Operating Officer John Waldron has revealed the bank is exploring how it can meet rising customer demand to own and invest in bitcoin while complying with current regulations. According to Reuters, Waldron pointed out that client demand for the flagship cryptocurrency is rising. He was quoted saying: Client demand is rising. We are regulated on what we […]

LedgerPrime has sold $49.5 million worth of securities to invest in bitcoin and ethereum according to a filing with the Securities and Exchanges Commission (SEC). The purchase was by nine clients with Shiliang Tang, the company’s President and Chief Investment Officer, telling Trustnodes they serve institutional investors. The company describes itself as “a quantitative and systematic digital asset investment firm” […]

According to a new study from the UK think tank Parliament Street, 25% of UK investors would’ve made £1 million by going all-in on BTC at the start of 2020. Crypto Investment Option Parliament Street commissioned independent survey firm Censuswide to poll 2,000 participants about their investment plans in 2021 and overall confidence in digital assets.  The polling firm released […]

Ethereum’s ratio has fallen overnight mainly during Shanghai and Frankfurt morning time, with it down from a brief 0.035 to now below 0.031 bitcoins. For the past few days eth was gaining on bitcoin while both were rising against the dollar with most of the gains during Shanghai and Frankfurt time. During midnight (London time) however eth’s ratio saw a […]

Spencer Schiff, who is the son of gold bug Peter Schiff, has now invested 100% of his portfolio in bitcoin. In a March 10 tweet, the outspoken bitcoin skeptic revealed that his son took advantage of the latest dip below $50K to accumulate more bitcoin. As ZyCrypto has reported previously, Euro Pacific chief Peter Schiff often challenges crypto experts and […]

Bitcoin, which has finally broken its two weeks long slump is now on its way to $100,000 and the US government is going to play a major role in making it happen. This is according to Anthony Pompliano, a renowned American entrepreneur, finance expert, co-founder of Morgan Creek digital assets fund, and staunch bitcoin supporter. “The government is going to push […]

Bitcoin prices dragged lower in the early Wednesday session by daytraders who decided to secure profits following its rally earlier this week. The flagship cryptocurrency surged to a two-week high above $55,000 as of 0100 UTC, up 13.24 percent from its week-to-date low of $49,238. Traders increased their bids on BTC/USD after the Chinese beauty app Meitu purchased $17.5 million […]

There is a sharp uptick in the number of investors opting for Bitcoin over gold, data from Bloomberg Intelligence reveals. Bitcoin replacing the Old Guard A snapshot shared by Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, on Mar 8 points to convincing statistics showing an accelerated influx to Bitcoin in recent month. The Bitcoin to gold ratio is […]