Anthony Scaramucci says Bitcoin is “as safe as bonds and gold” after $310m bet A New York-based fund manager who splashed big money into Bitcoin this month contested the bullish case for the asset in an opinion piece. Why Bitcoin for the future SkyBridge Capital co-founder Anthony Scaramucci spoke about the bullish case for Bitcoin
The dominoes are falling: Another NASDAQ-listed firm just bought Bitcoin NASDAQ-listed Marathon Patent Group just announced it had purchased 4,812.66 Bitcoin in a $150 million aggregate deal. The firm’s CEO and Chairman Merrick Okamoto said the move puts Marathon in contention with investors seeking Bitcoin exposure. But just as relevant, Okamoto also referred to Bitcoin’s
Bitcoin breaks out of crucial 4-day range: what happens next? The price of Bitcoin broke out of its 4-day range, pushing above a critical technical resistance level at $33,800. This upside movement is important because it sets BTC up for a potential retest of the $40,000 resistance area. The price of Bitcoin. Source: BTCUSD on
Chainlink (LINK) surges as Grayscale CEO hints at upcoming unknown announcement Chainlink (LINK) is bumping higher on Sunday and Monday morning as the altcoin market has begun to rip higher. The seventh-largest cryptocurrency is up five percent in the past 24 hours, making it the top-performing altcoin in the top 10 by market capitalization. LINK
World Economic Forum to host cryptocurrency discussions at Davos this week The International Organization for Public-Private Cooperation has been vocal about its stance on the burgeoning crypto market. And it’s now discussing it more formally. WEF discusses crypto This week will see two cryptocurrency events take place between officials of the World Economic Forum, the
Ethereum (ETH) rockets to new all-time high despite apathy in Bitcoin price Ethereum just rocketed to a new all-time high despite the apathy in the Bitcoin price, which fell toward $30,000 on Sunday morning. The price of ETH is up 15 percent in the past 24 hours, making it one of the top-performing crypto assets
Grayscale adds $120 million worth of Bitcoin to its coffers amid continued institutional interest Bitcoin has seen some volatility over the past few weeks. The cryptocurrency has bounced between $30,000 and $40,000, even falling below the former level at one point in time in a move that scared bulls. Unfazed by the recent market volatility,
There’s a massive 32,000 Ethereum sell wall at $1,250 stopping bullish price action Both Bitcoin and Ethereum have entered periods of consolidation over the past two weeks despite attempts by both to break above and below their respective medium-term price ranges. Ethereum may continue its consolidation for the time being, as there has been one
After brief cheers, U.S. banks are back to bashing Bitcoin again Some US banks have restarted their outrage against Bitcoin even as others have warmed up to the asset in the past year. How prices affect sentiment Bitcoin’s infamous price gyrations are known to polarize. The asset, like most other cryptocurrencies, can move by several
MicroStrategy CEO claims to have “thousands” of executives interested in Bitcoin Bitcoin has become a bit of a phenomenon on Wall Street and in the corporate world over the past few months. It began in August when MicroStrategy bought Bitcoin with money from its treasury, showing the world that yes, BTC can be a long-term
