Tag: BTCUSDC

Grayscale Bitcoin Trust (GBTC) Surges Past $10 Billion Assets Under Management

Digital asset manager Grayscale continues to amass more and more Bitcoins as the Grayscale Bitcoin Trust (GBTC) clocks over $10 billion of assets under management (AUM). In the latest update, Grayscale notified that the total assets under management have also moved past $12 billion meaning the GBTC contributes a whopping 83% of its total value. […]

Continue Reading

Bitcoin price rocket rally to $20,000 unstoppable, here is what to watch out for

Bitcoin bulls are intensional about hitting a new all-time high and holding above $19,000 is very critical. BTC/USD could enter a price discovery period if it penetrates the all-time high barrier near $20,000. Bitcoin bull rally is still on and seems unstoppable, perhaps until it hits its all-time high. On Tuesday, the flagship cryptocurrency surprised […]

Continue Reading

Blockstream Alumnus Mike Schmidt Backed Brink Raises $150,000

Brink, a non-profit organization aiming to fund and support open-source Bitcoin protocol development was launched today with the backing of former Blockstream alumnus Mike Schmidt and former Chaincode Labs developer John Newbery. Dave Harding, a well renowned Bitcoin technical writer would act as the independent director for the non-profit organization. The organization aims to raise […]

Continue Reading

Bitcoin [BTC] Price Soars to 3-Year High of $19,000, Altcoin Bulls Show First Signs of Fatigue

Bitcoin was consolidating above $18,500 for the past couple of days and a market pullback was on the cards, however, bitcoin today soared past the $19,000 mark for the first time in three years. The current bullish burst is being attributed to PayPal CEO’s bullish comment on Bitcoin and their plans to allow cryptocurrency as […]

Continue Reading

Bitcoin could quickly rush to $20,000 so long as this crucial hurdle is shattered

Bitcoin battles the uphill task of breaking above $18,500, the channel’s middle boundary, and $19,000. The fear of missing out (FOMO), speculation, and excitement is likely to push Bitcoin to $20,000 if the $19,000 barrier is broken. The bullish cycle in the cryptocurrency market continues to catch momentum. Bitcoin has for the first time stepped […]

Continue Reading

Digital Fiat Currency Will Replace Paper Money-PayPal CEO

When asked about the threat to Bitcoin [BTC] from finance regulators PayPal CEO today in an interview to CNBC said that central banks will replace paper money with Digital fiat currencies that include cryptocurrencies, CBDCs and other stablecoins. It is to be noted that Paypal recently allowed users to buy Bitcoin [BTC] using fiat currency […]

Continue Reading

Institutional FOMO: Is Australia’s Largest Investment Manager Eyeing Bitcoin[BTC]?

Bitcoin entered into the third-week of its bullish price rally with its price currently consolidating above $18,500. The top cryptocurrency has managed to hold ground despite two flash crashes of over $1,000. Many believe that bitcoin’s ongoing bull run is way different than the 2017 one as the king coin steadily nears its all-time high. […]

Continue Reading

Breaking: China Construction Bank Withdraws Proposal for Listing $3Billion Blockchain Bond

China Construction Bank which made headlines a couple of weeks ago after it announced its plan to list $3 billion in blockchain bonds has now withdrawn its proposal after initial listing delays. Malaysian cryptocurrency exchange Fusang was selected as the issuer of the ERC-20 blockchain bonds, who revealed that the issuer has requested to withdraw […]

Continue Reading

OKEx Starts Withdrawal Trials, Could Bulk Withdrawal Requests Trigger BTC Price Volatility?

OKEx, the cryptocurrency exchange has terminated withdrawal from its platform from October 16 after the Chinese founder Xu Mingxin of the exchange was taken away by the Police amid the growing crackdown on OTC desks and to counter the growing money laundering issue. Mingxin was arrested in early October and the withdraws remained shut since […]

Continue Reading

Largest Crypto Fund Manager Says Clients See Bitcoin as Inflation Hedge

Bitcoin’s ongoing price rally is nearing its all-time high, making it the center of attention just like 2017 where most of the mainstream media houses have started to take note of the king coin’s price movement. While the price movement and attention might be quite similar to 2017, a lot has changed about the top […]

Continue Reading