Institutional crypto products eye record AUM as investors pile into Bitcoin
Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week. Go to Source Powered by WPeMatico
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Bitcoin Now the Most Crowded Trade – Labeled a ‘Bubble’ in Bank of America Survey
According to findings of a recent Bank of America (BOA) survey, buying bitcoin has now surpassed tech stocks as the most crowded trade. This new ranking means tech stocks have been relegated into second place for the first time since October 2019. Bitcoin Bubble Ranking Still, a majority of the interviewed fund managers believe bitcoin … Read more
Bitcoin’s Current Breakout Sets It up for $28,000, Headed for Six Figures – Max Keiser
Max Keiser has predicted that bitcoin’s current bullish pattern will lead toward a price of $28,000. While the bitcoin bull does not give a timeframe when this is likely to happen, he believes that, thanks to relentless government money printing, the benchmark cryptocurrency will eventually test $100,000. But not before some correction. “$28,000 is in … Read more
Bitcoin Price Watch: Currency at $7,400
At press time, the world’s top cryptocurrency is up to $7,400. This is a massive spike over where it was during the beginning of the week (high $6,000’s). Bitcoin’s price seemingly jumped out of nowhere and within hours. It went from $6,800 to about $7,200 in 30 minutes on Tuesday amidst speculation that Coinbase would … Read more
