Canadian Bitcoin ETF predicted to hit $1B AUM by Friday: Bloomberg analyst
Eric Balchunas said the Purpose Bitcoin fund could surpasses all other ETFs in Canada within two months, “barring a nasty selloff.” Go to Source Powered by WPeMatico
DIGIT
Gold Bull Jeffrey Gundlach Says ‘BTC Maybe the Stimulus Asset’ Ahead of the Precious Metal
Renowned gold bull and CEO of investment management firm Doubleline, Jeffrey Gundlach says bitcoin may be the “stimulus asset” while adding it “doesn’t look like gold is.” Gundlach, a self-professed long-term dollar bear, had preceded his comments about bitcoin by remarking that “lots of liquid poured into a funnel creates a torrent.” BTC Outperforming Gold … Read more
Pricing Gold, Food, and Altcoins With the BTC Denominator: How to Measure an Asset’s Worth in Bitcoin
On February 21, bitcoin touched a lifetime price high at $57,844 per unit after the crypto asset’s market valuation crossed the $1 trillion zone for the first time in history the day prior. Meanwhile, a number of digital assets have seen fiat values increase as coins like litecoin, ethereum, and others gather gains against the … Read more
Banks will be required to work with crypto, e-money and CBDCs to survive
The global monetary landscape will have everyone storing electronic money, cryptocurrencies and central bank digital currencies in one bank. Go to Source Powered by WPeMatico
Monster bull flag for Yearn.finance puts $200,000 YFI price in play
After weeks of aggressive selling, YFI looks primed for a move to $60,000 before Bitcoin. Go to Source Powered by WPeMatico
A Bitcoin price dip for ants? BTC quickly rebounds to a new high above $57K
The price of Bitcoin achieved a new all-time high above $57,800 after a brief overnight correction. Go to Source Powered by WPeMatico
The staking race: Late entrant Ethereum lags behind rivals with Eth2
The second-biggest cryptocurrency is only the fourth-ranked staking network, but it’s looking to catch up to the rest. Go to Source Powered by WPeMatico
Blockchain tech will bridge the gap between DApps and enterprises
It is crucial that traditional enterprises join the decentralized ecosystem to bring added security and legitimacy to the industry. Go to Source Powered by WPeMatico
Chinese Tea Retailer Joins the Crypto Mining Industry After Hiring Two Roles to Lead Its ‘Bitcoin Business Plan’
A Chinese tea retailer is looking to make its inception into the bitcoin mining business. Publicly-listed Urban Tea announced the expansion of its operations by appointing two executives to pursue its crypto plans. Urban Tea Praises Cryptocurrencies’ Widespread Popularity Per the announcement, Urban Tea Inc. hired Fengdan Zhou as the company’s new chief operating officer … Read more
Elon Musk Says Holding Bitcoin Is Less Dumb Than Cash, Disputes Peter Schiff’s Claims About Money and BTC
Tesla and Spacex CEO Elon Musk has clarified his position on bitcoin. Emphasizing that he is an engineer, not an investor, Musk says that bitcoin “is simply a less dumb form of liquidity than cash.” Musk also disputed gold bug Peter Schiff’s claims about bitcoin and commented on the price of the cryptocurrency. What Elon … Read more
