Bitcoin (BTC) Archives - Page 7 of 34

Keiser: Institutions Will Purchase Bitcoin Directly From Miners And Box Out The Public As Price Reaches $1M

Amid the COVID-19 crisis, economies worldwide have shuddered and governments have been forced to introduce drastic measures to resuscitate the ailing economy. As a result of this uncertainty, bitcoin has become an attractive investment for institutions. The spark that started with MicroStrategy’s jumbo bitcoin purchase morphed to an institutional frenzy around the Read more…

By Cyber Flows, 4 years24/11/2020 ago

Bitcoin (BTC)

Bitcoin finds support among Wall Street billionaires

It’s no longer news that the mainstream financial sector is gradually warming up to Bitcoin and cryptocurrencies. Blockchain, the technology behind Bitcoin, has also proven to be a catalyst for technological innovations in different sectors. And Bitcoin has continued to conquer and surpass several benchmarks set for the top cryptocurrency. Read more…

By Cyber Flows, 4 years24/11/2020 ago

Bitcoin (BTC)

US Regulator to Stop Banks from Blacklisting Crypto Businesses

A U.S financial services regulator is seeking to finally deny banks and other financial institutions the right to deny businesses service based on their sector of operation. A new proposed rule will finally see banks judge cryptocurrency businesses based on licensing and compliance merits. This step could be a big Read more…

By Cyber Flows, 4 years21/11/2020 ago

Bitcoin (BTC)

Hedge Funds May Be Powering Bitcoin’s Second Big Rally

It may be hedge funds, rather than retail investors, that are driving this autumn’s rally in the price of Bitcoin. And this time round, the institutional investors are buying exchange-traded products as well as the underlying cryptocurrency. A Bitcoin ETP managed by Swiss issuer 21Shares is receiving creations—the equivalent of Read more…

By Cyber Flows, 4 years20/11/2020 ago

Bitcoin (BTC)

Jay Clayton Says Weak Payment Mechanism Driving the Rise of Bitcoin

Jay Clayton, outgoing Chairman of the US Securities and Exchange Commission (SEC), said in an interview that Bitcoin was not a security, it was more like a stored value and a payment mechanism. In an interview with CNBC’s Squawk Box, Clayton accepted inefficiencies in the current payment mechanism and added Read more…

By Cyber Flows, 4 years20/11/2020 ago

Bitcoin (BTC)

Bitcoin breaks above $17,000 first time since January 2018

Bitcoin just took out another significant barrier on the way to a new all-time high. At the time of writing, BTC/USD is changing hands at $16,988 after hitting $17.081. While the cryptocurrency experts believe that the short-term downside correction is unavoidable, the long-term perspectives for the pioneer cryptocurrency remain bullish. Now that Read more…

By Cyber Flows, 4 years17/11/2020 ago

Bitcoin (BTC)

Moderna COVID-19 Vaccine News Sends Bitcoin To a New 2020 High

The situation around a possible vaccine for the novel coronavirus COVID-19 continues to develop. Today, Moderna Therapeutics, one of the world’s largest pharmaceutical companies, announced that its preliminary data shows its coronavirus vaccine is more than 94% effective. This sent its stock price higher and major indices, which are all Read more…

By Cyber Flows, 4 years16/11/2020 ago

Bitcoin (BTC)

Bitcoin Price Prediction: $1 Million in 5 Years?

Most analysts and investors are bullish on BTC and long-term price targets, as unreliable as they may be, often go into seven digits. Analysis from Bloomberg Intelligence, for example, sets Bitcoin forecast 2025 at $100,000 as most measures of demand and adoption support an upward trajectory for BTC. Most analysts and investors Read more…

By Cyber Flows, 4 years16/11/2020 ago

Bitcoin (BTC)

Congresspeople Claim OCC Is Too Focused On Crypto

Brian Brooks stands as the leader of the US Office of the Comptroller of Currency, or OCC*, and was a former executive from the Coinbase exchange. Recently, the OCC has received a letter sent by multiple congress members, who have come to express concerts regarding his leadership and its heavy focus on Read more…

By Cyber Flows, 4 years12/11/2020 ago

Bitcoin (BTC)

Bitcoin 16K Area Carries Too Much Risk For New Long

Bitcoin has been flirting with the 16K area now for about a week. While a consolidation pattern has developed (which can be interpreted as momentum continuation) the general area is a very risky location to be putting on new long positions. The mistake to avoid is to buy into a Read more…

By Cyber Flows, 4 years12/11/2020 ago

Bitcoin (BTC)

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