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With institutions demanding protection from inflation and dollar depreciation, historical trends could see BTC/USD 8X from current prices, says Bloomberg Intelligence. Go to Source Powered by WPeMatico
Technical and fundamental support for Bitcoin is growing — possibly at the expense of gold. Go to Source Powered by WPeMatico
From crypto advocates to former skeptics, pundits are outdoing themselves to predict ever higher prices for Bitcoin. Go to Source Powered by WPeMatico
Eric Balchunas said the Purpose Bitcoin fund could surpasses all other ETFs in Canada within two months, “barring a nasty selloff.” Go to Source Powered by WPeMatico
“If you’re not a green hacker, and you’re not doing it for the planet, you can also do it for the money: by speculating downward on the price of Bitcoin before launching attacks.” Go to Source Powered by WPeMatico
During the last few months, a few reports from mainstream media (MSM) outlets tried to prove that a large sum of bitcoin is controlled by a small group of people. Recently, Bloomberg claimed that “2% of accounts control 95% of all bitcoin,” a claim that doesn’t hold weight to onchain analysts. On Tuesday, Glassnode researcher … Read more
The Bitcoin-to-gold price ratio could shoot to 100x with the digital asset’s volatility possibly dropping to gold levels by 2024. Go to Source Powered by WPeMatico
Grayscale is continuing its BTC accumulation spree, snapping up more than 40,000 BTC in just 16 days. Go to Source Powered by WPeMatico
The CEO of One River Asset Management believes BTC volatility will decline as its price continues to climb. Go to Source Powered by WPeMatico
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
