Tagged: bitcoin investments

Americans Plan to Buy Bitcoin, Stocks with Stimulus Money, Mizuho Survey Reveals

Approximately 10% of stimulus checks could go toward Bitcoin (BTC) purchases and stocks, according to Dan Dolev from Mizuho – which recently performed a survey asking respondents what they plan to do when they get their stimulus checks. Dolev, whose comments came during a CNBC… Read More

Spencer Schiff, Son of Gold Investments Advocate and Crypto Critic Peter Schiff, Goes “All in” on Bitcoin (BTC)

Spencer Schiff, who is the son of one of Bitcoin’s most vocal critics, Peter Schiff, has reportedly decided that he’ll be moving 100% of his investment portfolio into BTC, the leading digital currency. My son @SpencerKSchiff's latest #Bitcoin buy resulted in a follow by @jack…. Read More

Crypto Analysts Say We’re Far Away from Bitcoin and Wider Digital Assets Market Top: Report

The rollercoaster ride that is Bitcoin’s (BTC) and the wider crypto market’s latest rally has some wondering if we’re nearing a market top. However, Kraken analysts are not convinced that we’ve reached the top just yet. Kraken Intelligence, the US-based digital asset exchange’s team of… Read More

North American Purpose Bitcoin ETF Now Holds Over 11,000 Bitcoin (BTC) Valued at More than Half a Billion Dollars

The North American Purpose Bitcoin ETF, which was introduced last month, has reportedly seen huge demand, as over $165 million in trading volume was recorded (as of February 19, 2021). The new ETF is the first Bitcoin exchange-traded fund (ETF) in North America. It now… Read More

Bitcoin Is like an “Economic Side Show” when Compared to the Fintech Boom, JPMorgan Analysts Argue

JP Morgan says that Bitcoin (BTC) is like an “economic side show” when compared to the emergence of many new Fintech businesses. The bank’s analysts have argued that Bitcoin is a poor hedge against the falling equity prices. The world’s leading digital currency is trading… Read More

Tesla Inc has Already Made $1 Billion off its $1.5 Billion Bitcoin (BTC) Purchase, Outperforming Car Sales in 2020

Elon Musk’s Tesla Inc (NASDAQ:TSLA) has already made a billion dollars in profits from its fairly recent $1.5 billion Bitcoin (BTC) purchase. Notably, these dramatic gains could be substantially more than what Tesla may have made off of its car sales during 2020, according to… Read More

With Only 2 Weeks In, BlockFi Bitcoin Trust Just Slightly Under $100M, as Second BTC ETF Goes Live on Toronto Stock Exchange

Zac Prince, CEO and Co-founder at BlockFi, a fast-growing digital assets platform, notes that with just two weeks in, the company’s Bitcoin trust is just ”a pinch” under the $100 million mark (in total BTC holdings). 2 weeks in, BlockFi’s Bitcoin trust is just a… Read More

BIGG Digital Assets to Acquire Additional Bitcoin (BTC) Using its Free Cash Flows from Business Operations

BIGG Digital Assets Inc. (CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W), which is the owner of Netcoins (Netcoins.ca), the online digital currency brokerage that makes it convenient for Canadians to purchase, sell, and learn about cryptos, and the owner of Blockchain Intelligence Group (BIG), a developer… Read More

Digital Assets Ecosystem Surpasses $1.5T Market Cap, $60B in BTC held by Public Firms, as First Bitcoin ETF to Launch in Canada

Researchers at Bloqport have confirmed that publicly-traded firms and fund managers now hold approximately $60 billion worth of Bitcoin (BTC), which is around 6% of the digital asset’s circulating supply. Publicly-traded companies and fund managers now hold around $60 billion worth of #Bitcoin, roughly 6%… Read More

Morgan Stanley Division, which invests in Amazon, Slack, Zoom, Is Considering Gaining Exposure to Bitcoin (BTC)

A $150 billion Morgan Stanley (NYSE:MS) investing division, which is well-known for its ability to select growth or high-potential stocks, is reportedly looking into whether it should add Bitcoin (BTC) to its investment strategy. Counterpoint Global, a division of Morgan Stanley Investment Management that has… Read More

Billionaire Hedge Fund Exec Says it’s Time to Invest in Bitcoin because of its 150M Estimated Users and Progressive Regulatory Policies

Blockchain.com, a leading crypto wallet provider, block explorer service, and trading platform,  recently noted that there had been signs that “showed” Anthony Scaramucci that Bitcoin was “ready for institutional investment.” Last week, the team at Blockchain.com had welcomed Anthony Scaramucci, founder of SkyBridge Capital and… Read More

PayPal Says it Won’t be Purchasing Bitcoin or Other Cryptos but Will Capitalize on the Growth Opportunity Presented by Digital Assets

PayPal Holdings Inc (NASDAQ:PYPL) has reportedly stated that they won’t be purchasing cryptocurrencies like Bitcoin (BTC), the payments giant’s CFO John Rainey told CNBC on Thursday (February 11, 2021). Rainey clarified that PayPal would not be investing corporate cash (probably) “in sort of financial assets… Read More

Mayor of Miami Says City is Considering Investing in Bitcoin (BTC) while Making its Business Environment More Appealing to Tech Firms

The Mayor of Miami says he wants to make his city more attractive or appealing to the technology sector by embracing Bitcoin (BTC), the flagship cryptocurrency, and even investing a certain amount of government funds in the digital asset. Mayor Francis Suarez noted that if… Read More

Bitcoin, Ethereum and Other Digital Assets May Experience Price Correction due to Spike in US Dollar, Stablecoin Borrowing Rates: Report

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, notes that 2020 was “arguably crypto’s best year yet.” Blockchain.com writes in a blog post that Bitcoin (BTC) investors have had an “extraordinary” holiday season, and the new year is… Read More

Multi Billion Dollar Hedge Fund SkyBridge Capital Files Documents with SEC for a Bitcoin (BTC) Fund

Anthony Scaramucci’s hedge fund SkyBridge Capital has submitted documents to the US Securities and Exchange Commission (SEC) for what seems to be the firm’s very first Bitcoin (BTC) focused fund. SkyBridge Capital, which manages around $9 billion in client assets, submitted a Form D for… Read More

Business Intelligence Firm MicroStrategy Proposes Private Offering of $400M of Convertible Notes so Proceeds May be Invested in Bitcoin (BTC)

MicroStrategy Incorporated (Nasdaq: MSTR) has revealed that it plans to provide (subject to market conditions and other factors) $400 million aggregate principal amount of convertible senior notes due 2025 in a private offering to “qualified institutional buyers in reliance on Rule 144A under the Securities… Read More

Low Percentages of Allocations to Bitcoin from Corporations May be “Relevant” in A Relatively Illiquid Crypto Market, Coinrule Argues

The team at Coinrule, a cryptocurrency trading startup that recently secured over £410,000 in funding through its Seedrs round, notes in a blog post published by crypto futures and options exchange Deribit that Investors now have a new option they can add to their investment… Read More

Investors Might be “Rotating” Out of Gold and into Bitcoin (BTC), Digital Asset Flows Data from CoinShares Suggests

London-based CoinShares, a company that aims to expand access to the digital asset ecosystem while serving as a trusted partner for its clients, has noted that the Bitcoin (BTC) price has been closing-in on the “very psychological” all-time-high (of nearly $20,000) “coupled with momentary fears… Read More

Digital Payments Companies PayPal and Square have Acquired Over 100% of All Newly Minted Bitcoin (BTC): Report

Paypal (NASDAQ: PYPL) has reportedly acquired as much as 70% of all the newly mined Bitcoin (BTC) since the payments company began allowing users to purchase digital currencies. These estimates have been provided by Pantera Capital, a prominent hedge fund management firm. The company published… Read More

Bitcoin (BTC) Miners Profitability Further Improved due to Lower Mining Difficulty Level: Report

The Antminer S19 Pro price has surged around 30% since October 2020 after the Bitcoin (BTC) price began to rise. As confirmed by the HASHR8 team, the Bitcoin price increases have “widened profit margins for miners but capital expenditure costs are also rising.” John Lee… Read More

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