Tag: BTCUSDT

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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Bitcoin Calms Down at $11,400 Despite Trump’s Stimulus Calls (Market Watch)

Bitcoin Calms Down at $11,400 Despite Trump’s Stimulus Calls (Market Watch)

After spiking to a new monthly high of about $11,700, Bitcoin has retraced slightly in the past 24 hours and sits at $11,400. Most altcoins have followed suit by charting minor losses. Bitcoin Drops To $11,400 As CryptoPotato reported yesterday, Bitcoin was heading upwards and reached a new 5-week high above $11,720. In the following […]

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Public Companies Have Invested Billions in Bitcoin This Year

The list of large public corporations expanding their investments and portfolios to include Bitcoin is growing. According to recent research, Grayscale leads a group of over ten public companies that have invested in Bitcoin in 2020. The total value of which is over $6 billion which, at today’s prices, equates to around 526,000 BTC. Not […]

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Fidelity Explains How Bitcoin Could Grow Into a Trillion-Dollar Market

Fidelity Explains How Bitcoin Could Grow Into a Trillion-Dollar Market

In times of pandemic, uncertainty, and risk, exposure to new of investments is more a necessity rather than a recommendation. According to Fidelity, one of the largest brokers in the U.S., Bitcoin is an excellent investment for those considering to exit banks and enter the markets. In October 2020, Fidelity Digital Assets, a branch of […]

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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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$13 Billion Asset Manager Stone Ridge Buys 10,000 Bitcoins ($115 Million)

Yet another major company has jumped on the Bitcoin bandwagon by purchasing 10,000 BTC and putting it to use as its primary treasury reserve asset.   According to an official press release, the $13 billion asset manager scooped up the BTC through its subsidiary called New York Digital Investment Group (NYDIG).   Speaking on the […]

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The Last 3 Times This MA Cross Took Place Bitcoin Price Rallied 42%

Popular bitcoin commentator Lark Davis, who goes by the name of ‘TheCryptoLark” on Twitter, just shared a BTC trend chart that has ‘bullish’ written all over it. Lark says that the top cryptocurrency is on the cusp of crossing the 50-day moving average, and every time it happened in the past, BTC rallied 42 percent […]

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Bitcoin Futures Open Interest at 1-Month High

Bitcoin Futures Open Interest at 1-Month High

In a suddenly galvanizing rally, Bitcoin’s price shot to the $11,700 mark last night.  Open interest has soared and is now at a 1-month high. Bitcoin traders are opening long positions and this trend was pointed by Willy Woo as well. At $4.3 Billion, Bitcoin Futures Open Interest Tops 1 Month High Also, a noticeable […]

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Cruise Ship Named Satoshi Aims to Become a Hub for Crypto Companies

A former cruise ship, built by P&O Cruises Australia, is to receive its new statute. Built-in 1991, the Pacific Dawn will reportedly maintain in seas with a brand new name – Satoshi. Plans are it will be an exquisite hub for digital nomads, entrepreneurs, and crypto companies. “The Crypto Cruise Ship” As per a recent report, […]

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Bitcoin Price Surges to a New Monthly High at $11,700 (Tuesday Market Watch)

Bitcoin Price Surges to a New Monthly High at $11,700 (Tuesday Market Watch)

Bitcoin has continued with its recent impressive performance to a new monthly high of about $11,700. Some altcoins have followed BTC on the way up. Ethereum has increased to $385, while BNB has returned to the 5th spot. Bitcoin Spikes To A New Monthly High In the past 24 hours, the primary cryptocurrency seemed to […]

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