A UK-based hedge fund has refuted claims made by JPMorgan Chase that a bitcoin exchange-traded fund (ETF)would hurt the price in the short-term.  In a client note distributed in January, JPMorgan strategists said the approval of a Bitcoin ETF would negatively impact BTC’s price in the near-term. The Wall Street analysts argued an institutional-grade ETF would introduce competition to Grayscale’s […]

The options to play bitcoin and ethereum on the stock market are constantly growing with numerous companies now available on the 90s designed terminals. Besides numerous ETFs and trusts, there are now also miners and at least one exchange we’ve found. The biggest one is of course MicroStrategy (MSTR), which bought one billion worth of bitcoin. This is now not […]

Bitcoin price volatility has been the subject of speculations, with many suggesting that this could hinder its adoption mainstream. Goldman Sachs Group Mossavar-Rahmani further reinforces this notion and believes that the leading coin cannot be used as a medium of exchange. Volatility a Major Detriment for Adoption Rahmani, who heads the investment strategy group for Goldman Sach consumer and investment […]

Billionaire Mark Cuban, owner of leading American professional basketball team Dallas Mavericks has laid out some interesting takes concerning  Bitcoin and its investors. The billionaire took to the r/Wallstreeetbets forum to respond to questions asked in response to his (AMA) “ask me anything” post. The billionaire spoke largely about the stocks market, touching on hot topics like GME, and proceeded […]

Bitcoin price could reach as high as $200-$500k in price if corporations shifted a small percentage of their cash reserves to the BTC market. That’s according to a recent market report released by ARK Investment. This claim comes even as BTC is seen to slow down on its recent ascent that took the price to a new ATH of $42k […]

An enormous inflow from gold to Bitcoin has been cited in the market. Bloomberg’s Mike McGlone, the Senior Commodity Strategist bared this out in a newly published analysis. In it, he says Bitcoin is in its “price discovery stage.” Bitcoin’s threshold to gold could surge 100x, bumping it to $50,000 sooner than later.  McGlone’s analytics are not different from many […]

The new month has ushered in a new bullish cycle. In the first week of the new month, a majority of coins are recording huge gains. Bitcoin is revisiting recent highs after a short bearish spell. For Ethereum, it has hit a new all-time high. While optimism is high with Ethereum, Bitcoin is looking overdue since reaching the $38K high […]

Cryptocurrencies rallied Wednesday, led by gains in the Bitcoin and the Ethereum markets as traders pinned hopes on additional stimulus packages in the United States. The cost to purchase one Bitcoin shot past $36,000 while Ethereum’s native token Ether notched a new record high at $1,574. Other large-cap tokens, including Polkadot’s DOT, Litecoin’s LTC, and Chainlink’s LINK, also surged in […]