Tag: BTCJPY

Institutional Rain: Grayscale Attracts Over $1 Billion In Fresh Crypto Investments in Q3

The world’s largest digital currency asset manager Grayscale released its Digital Asset Investment report for Q3 2020. Reportedly, the giant invested a whopping $1.05 billion into different crypto investment products during the third quarter. Dropping our latest Digital Asset Investment Report this morning…@Grayscale raised over $1 billion into our family of products in 3Q20!! a […]

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Why Fidelity’s Big Bitcoin Endorsement is a Huge Deal

Financial planning, retirement, and wealth management giant Fidelity Investments Inc. recently recommended Bitcoin as a portfolio percentage, which could be huge for markets if just a fraction of its clients acts upon it. Fidelity Digital Assets, a branch of the firm focused on the crypto asset markets, released a report in October titled ‘Bitcoin Investment […]

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Stone Ridge Asset Management Joins MicroStrategy and Square, Holds $115 Million in Bitcoin

Institutional participation in Bitcoin (BTC) continues to be on a steep rise over the last few months. Today, October 13, Stone Ridge Asset Management announced that it is holding over 10,000+ BTC worth more than $115 million. The announcement comes as Stone Ridge parent NYDIG raised over $50 million in growth equity funding. With more […]

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Analyst Predicts $16k Bitcoin as Big Weekly Candle Closes

Bitcoin has broken weekly resistance and made over 5% during this move, lifting the entire crypto market with it. Analysts are predicting further momentum ahead for the king of crypto. With a further $10 billion added to cryptocurrency markets, things are starting to look healthy again, especially for Bitcoin which has just reached its highest […]

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Bitcoin Price Analysis: BTC Triangle Breakout Tops $11,500

Bitcoin appears to have bottomed out, giving way for gains towards $12,000. The on-chain analysis shows the absence of tough resistance heading to $12,000. The flagship cryptocurrency eventually broke out above the stubborn resistance at $11,000. The impressive weekend gains extended to $11,500. However, the tremendous bullish pressure appears to have taken a pit stop […]

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Regulatory Clean-Up Can Be Good For The Crypto Market – Fundstrat Advisors

Fundstrat Global Advisors has recently released a report backing the recent regulatory action in the crypto market. Fundstrat strategists – David Grider, Ken Xuan, and Tom Lee – wrote that regulatory clean-up is positive to ensure a free-market-oriented atmosphere in the crypto space. Regulators are active back again in the cryptocurrency market with a string […]

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Bitcoin And Ethereum-Led Surge Triggers Altcoins To Flash Green

Weeks after trading sideways, and sustaining multiple corrections along the way, the cryptocurrency market was flashing green. Bitcoin hit the long-awaited and the recently breached level of $11k on the 9th of October. Along with it, the major altcoins demonstrated solid gains as the global crypto market noted an uptick of nearly 4% over the […]

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BTC Above $11,000, On-chain Indicators Suggest Positive Trend in Mid-Term

Bitcoin (BTC) price is 4% up today crossing $11,000 in a market-wide recovery of the crypto market. At press time, Bitcoin is trading at $11,017 with a market cap of $204 billion. The BTC price gains are in line with the overall cryptocurrency market which is up 3.28%. The Bitcoin price surge comes just a […]

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Bitcoin Price Prediction: BTC Could Suffer Another Rejection At $10,000

Bitcoin breaks out of a symmetrical triangle pattern, closing in on the critical $11,000. BTC has a relatively clear path to $11,500 as long as buyers can pull above the short term hurdle at $11,000. The flagship cryptocurrency broke out of a symmetrical triangle discussed multiple times this week. The 4-hour timeframe chart has seen […]

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Jack Dorsey’s Square Inc Invests $50 Million in Bitcoin (BTC)

In a major announcement on Thursday, October 8, Jack Dorsey-backed Square Inc. (NYSE: SQ) announced that they have invested a massive $50 million in Bitcoin. With the total purchase amount of 4,709 BTC, the purchase happened at an average price of $10617.96 per BTC. Today, @Square announced that it has purchased $50M in bitcoin. Square […]

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