Grayscale is buying BTC 54% faster than it is mined so far in 2021
Grayscale is continuing its BTC accumulation spree, snapping up more than 40,000 BTC in just 16 days. Go to Source Powered by WPeMatico
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Bitcoin whale explains to Bloomberg why crypto volatility will decline
The CEO of One River Asset Management believes BTC volatility will decline as its price continues to climb. Go to Source Powered by WPeMatico
Mt Gox Creditors Asked to Approve a Settlement Proposal Drafted by Coinlab
On January 15, the public was made aware of a deal between the firm Coinlab Inc., the Mt Gox bankruptcy trustee, Nobuaki Kobayashi, alongside MGIFLP, a subsidiary of Fortress Investment Group. According to the proposal, Mt Gox creditors will be able to claim as much as 90% of the bitcoin held by Kobayashi and the … Read more
‘Ethereum only’ investors are growing, according to Grayscale
The asset manager says Ethereum’s mass appeal is growing. Go to Source Powered by WPeMatico
Bloomberg’s McGlone thinks Bitcoin could hit $170K over the next two years
Bitcoin could hit all-time high prices then consolidate like gold, according to the analyst. Go to Source Powered by WPeMatico
CZ: Binance traders find ‘intelligent’ ways to circumvent US block
CZ admits it’s not always easy weeding out US traders from the global Binance exchange. Go to Source Powered by WPeMatico
Bloomberg: Biden election would be good for Bitcoin, bad for DeFi
Biden’s administration may not have the same “hands-off” approach to crypto regulation, contends Bloomberg. Go to Source Powered by WPeMatico
Bloomberg: Bitcoin ‘has had a tendency of adding zeroes to its price’
Bitcoin may take twice as long to get to $100,000 than previously surmised. Go to Source Powered by WPeMatico
Bitcoin Is Undervalued, Fair Value Price Should Be $15,000, Says Analyst
Bloomberg cryptocurrency analyst Mike McGlone says bitcoin is greatly undervalued, suggesting that its fair value price should currently be somewhere around $15,000. The price of bitcoin (BTC) has see-sawed between $10,000 and $12,400 over the last few weeks, often tumbling sharply following what one pundit described as “fake” breakouts. The latest rout saw BTC crash … Read more
Bloomberg suggests that Bitcoin should be $15,000 according to this adoption metric
Their belief seems to be that Bitcoin is destined to appreciate unless these key indicators reverse themselves. Go to Source Powered by WPeMatico
