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 … Read more

Grayscale Investments Scooped Up Over 17,000 BTC in the Last Seven Days

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

Google Profits off Impersonations of Banned Cryptocurrency Celebs and Companies

Cryptocurrency companies are banned on Google but the platform is allowing phishing sites to impersonate them. London-based bitcoin exchange Coin Corner showed that a fraudulent site mimicking it is allowed on Google’s advertising platform though its own evidence-backed appeals of legitimacy to Google Ads have been constantly ignored. Coin Corner marketing manager Molly Spiers says … Read more

Crypto Price Watch: Another Rough Day Forces Top 10 Altcoins to See Red

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