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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 … Read more
During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4.7 billion. The Grayscale Bitcoin Trust (GBTC) is a very popular investment vehicle and in 2020 the trust has obtained a massive amount … Read more
It seems as if though the cryptocurrency market just can’t catch a break right now. Following some bullish momentum that saw the price of Bitcoin scale up above the $4,300 mark, the market at large has once again dipped, causing BTC to float just above the $4,000 threshold. Ian Mcleod: “Ethereum Will See Upward Monetary … Read more
