Wells Fargo report labels Bitcoin as speculative investment
“Cryptocurrency investing today is a bit like living in the early days of the 1850’s gold rush, which involved more speculating than investing.” Go to Source Powered by WPeMatico
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Bitcoin is the ‘ultimate anti-lockdown investment,’ says Nigel Farage
The Financial Times scorns Nigel Farage for his apparently predictable embrace of libertarian cryptocurrency influencers. Go to Source Powered by WPeMatico
The road not taken: Jealous brother claims twin earned $10M in Bitcoin
“His wealth in Bitcoin alone is more than 100 times greater than my entire net worth,” the “dumb” twin claims. Go to Source Powered by WPeMatico
Institutional investors won’t save crypto, but they will help it grow
Institutional players are coming to the crypto ecosystem, but how will they impact the industry? Will they boost it or collapse it? Go to Source Powered by WPeMatico
Grayscale Ethereum Trust to implement 9-for-1 share split
The split will take effect on Dec. 17. Go to Source Powered by WPeMatico
NYDIG raises $150 million for two Bitcoin investment funds
Bitcoin is becoming an increasingly “institutional asset,” according to NYDIG’s CEO. Go to Source Powered by WPeMatico
Coinbase executed MicroStrategy’s $425M Bitcoin purchase in September 2020
One of the largest Bitcoin purchases in 2020 took more than five days to complete. Go to Source Powered by WPeMatico
Report: ICOs left retail investors in the dark
New, small-scale research from Xangle takes a look at investors’ reflections on their initial coin offering investments between 2017 and fall 2020. Go to Source Powered by WPeMatico
Why institutions suddenly give a damn about Bitcoin
As big players continue to enter the crypto space, institutions are becoming mega HODLers. Go to Source Powered by WPeMatico
Institutional money may propel Bitcoin to $250K in one year’s time, says macro investor
According to macro investor Raoul Pal, the latest Bitcoin rally is just the beginning of an institutional-investor-led bull market. Go to Source Powered by WPeMatico