Category: Bitcoin Value
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Report: Illegal Trades Account for Less Than 3% of Total Bitcoin Transactions
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‘Crypto will cause the next financial crisis’: Precious metals boss
Metalla Royalty & Streaming CEO Brett Heath has warned that crypto will “lead the charge into the next financial crisis” and questioned the true intrinsic value of Bitcoin.
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Skybridge Bitcoin Fund Debuts With $310 Million — Investment Manager Expects Each BTC Worth $535K
Skybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge also predicts that bitcoin’s price will reach $100,000 this year. Skybridge Invests $310 Million in Bitcoin New York-headquartered Skybridge Capital is a global investment manager that […]
The post Skybridge Bitcoin Fund Debuts With $310 Million — Investment Manager Expects Each BTC Worth $535K appeared first on Bitcoin News.
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Bitcoin Price Touches $28,600, Crypto Asset’s Value Gains Over 288% in 2020
The price of bitcoin touched an all-time high at 3:12 a.m. (EST) during the early morning trading sessions reaching $28,600. The crypto asset’s market valuation is over $519 billion on Wednesday, as bitcoin markets command over 14 billion dollars in global trade volume. Bitcoin (BTC) markets soared again on Wednesday morning, as the price per […]
The post Bitcoin Price Touches $28,600, Crypto Asset’s Value Gains Over 288% in 2020 appeared first on Bitcoin News.
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Bitcoin’s Intrinsic Value: Crypto Community Responds to Bank of England Governor
Bitcoin’s intrinsic value has been heavily discussed in the crypto community this week following a remark by the governor of the Bank of England suggesting that the cryptocurrency may have no intrinsic value. Does Bitcoin Have Intrinsic Value? Bank of England Governor Andrew Bailey talked about bitcoin’s intrinsic value during a question and answer session […]
The post Bitcoin’s Intrinsic Value: Crypto Community Responds to Bank of England Governor appeared first on Bitcoin News.
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Legendary Investor Bill Miller Now Holds Half His Hedge Fund in Bitcoin
With the launch of bitcoin futures by two leading American options exchanges, lending the cryptocurrency more credibility among mainstream investors, Wall Street is turning to known figures to explain the phenomena. One proven financial wizard they might listen to is legendary value investor Bill Miller whose hedge fund is now holding 50% of its assets […]
The post Legendary Investor Bill Miller Now Holds Half His Hedge Fund in Bitcoin appeared first on Bitcoin News.
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