Billionaire VC Peter Thiel Discusses Satoshi’s Identity — Says Bitcoin Is the ‘Most Honest Market We Have’

According to reports, tech billionaire Peter Thiel — the co-founder of Paypal and Palantir — spoke about bitcoin at an event hosted in Miami. At the time, bitcoin had just surpassed its all-time price high and Thiel said “you’re supposed to just buy bitcoin” and added, “I feel like I’ve been underinvested in it.” Peter […]

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Bank of America: Bitcoin Now 3rd Most Crowded Trade After Tech Stocks and ESG in New Fund Manager Survey

Bank of America: Tech Stocks and ESG Beat Bitcoin in New Fund Managers' Most Crowded Trade SurveyBank of America’s latest global fund manager survey shows that “long bitcoin” is now the third most crowded trade. The most crowded trade is now “long tech stocks,” followed by “long ESG.” Bank of America’s global fund manager survey for July, published Tuesday, shows that “long bitcoin” has fallen to third place among the most […]

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Bank of America Survey: Most Fund Managers Say Bitcoin Is a Bubble, Inflation Is Transitory

Bank of America Survey: Most Fund Managers Think Bitcoin Is a Bubble and Inflation Is TransitoryThe latest Bank of America’s Global Fund Manager Survey shows that “long bitcoin” is now the second most crowded trade. Moreover, most fund managers believe bitcoin is in a bubble and agree with the Fed that inflation is transitory. Bank of America’s June Fund Manager Survey Bank of America (BofA) released its June Global Fund […]

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Bank of America Survey: ‘Long Bitcoin’ Is Most Crowded Trade, 75% of Fund Managers See BTC as Bubble

Bank of America Survey: 'Long Bitcoin' Is Most Crowded Trade, 75% of Fund Managers See BTC as BubbleThe most recent Bank of America Fund Manager Survey finds that the most crowded trade is “long bitcoin.” Nonetheless, 75% of fund managers say the cryptocurrency is in a bubble zone. Fund Managers Say Long Bitcoin Is Most Crowded Trade but Most See Bubble The Bank of America (BoA) Fund Manager Survey for May, published […]

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Paypal Cofounder Peter Thiel Thinks China Is Using Bitcoin as Financial Weapon Against the US

According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still thinks the Asian country may have longed bitcoin because […]

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Bank of America Investor Survey Highlights the Most Crowded Trades: ‘Long Tech, Short USD, Long Bitcoin’

Bank of America Investor Survey Highlights the Most Crowded Trades: 'Long Tech, Short USD, Long Bitcoin'The highly anticipated Bank of America fund manager survey has been published, and this December fund managers who participated in the survey are sweeping up risk assets. The asset managers have dropped cash for the first time in close to seven years, as levels are down 4%. Moreover, strategists at Bank of America Corp. now […]

The post Bank of America Investor Survey Highlights the Most Crowded Trades: ‘Long Tech, Short USD, Long Bitcoin’ appeared first on Bitcoin News.

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Top 4 Ways to Long Bitcoin in 2019

TheMerkle Bitcoin Cash price CorrectionAs the crazy Bitcoin price action appears to continue unabated, there is a lot of momentum to take advantage of. A lot of people are looking to go either long or short on Bitcoin, albeit doing so is not as simple as following one specific strategy. For those who are willing to long Bitcoin, the following options can be considered. Do keep in mind every financial action undertaken will incur risks, and one should never “gamble” with money they cannot afford to lose. Buy and Hold for the Long Haul The most straightforward option to long Bitcoin these days is

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