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Microstrategy CEO Michael Saylor To Host Cryptocurrency Corporate Summit In February

Last year, Microstrategy was one of the first major institutions to support Bitcoin openly and buy up hundreds of millions of dollars-worth of Bitcoin between August and December of last year. Now the company’s CEO Michael Saylor is planning to host the world’s first digital summit for corporations on Bitcoin. Saylor further noted he’s confident… Read More

Bank Of Singapore Says That Cryptocurrency Could Replace Gold As Store Of Value

According to a recent article by the Bank Of Singapore (BOS), cryptocurrencies could at least partially replace gold as a store of value. The Bank of Singapore, a private banking arm of Oversea-Chinese Banking Corporation (OCBC) Bank, has released a bullish report on the future of cryptocurrency digital assets. However, Mansoor Mohi-uddin, chief economist at… Read More

Rothschild Investment Corporation Now Owns 30,454 Shares Of GBTC

According to its new SEC filing, financial services company Rothschild Investment Corporation now holds 30,454 shares of Grayscale Bitcoin Trust (GBTC) that allows institutional investors to get exposure to the world’s largest cryptocurrency by market cap without directly having to use a crypto wallet or exchange. BTC institutional watch: In a filing this morning with… Read More

Marathon Patent Group Purchases $150M In Bitcoin

CEO Merrick Okamoto of Nevada-based crypto mining firm Marathon Patent Group said his company had purchased $150 million in Bitcoin, which would help its customers who are seeking “exposure to this new asset class.” Marathon announced that it had purchased more than 4,812 Bitcoin (BTC) or $150 million worth through the New York Digital Investment… Read More

Skybridge COO: Institutional Investors Could Push Bitcoin To $500,000 And Beyond If Buying Continues

Skybridge Capital COO Brett Messing has stated in an interview with Decrypt that growing institutional investment into Bitcoin could drive Bitcoin’s price to half a million dollars per coin. “Bitcoin is either a super niche asset that trades between $500 and $50,000, or it’s worth well over $500,000,” Messing told Decrypt, adding, “It’s hard for… Read More

BitMex FUD About Bitcoin Double Spend Aids Market Crash?

Why is the market crashing? It’s speculation but many are pointing to BitMEX’s Research’s investigation of a possible double spend transaction which turned out later to be false, as a catalyst for the crash. Bitmex Research tweeted out that they had identified what they believed to be a double-spent Bitcoin transaction.  On Jan. 20th, BitMEX’s… Read More

Joe Biden’s U.S. Treasury Pick Janet Yellen Erroneously Claims Bitcoin Used For Illicit Means

While speaking at a virtual confirmation hearing before the U.S. Senate, Joe Biden’s Treasury Secretary pick Janet Yellen, who is a well-known crypto critic, stated virtual currencies are used for illicit activities like money laundering and terrorist financing. Yellen said: “I think many [cryptocurrencies] are used, at least in transactions sense, mainly for illicit financing… Read More

Ethereum Hits New All Time High $1428 After Years

Ethereum, the largest altcoin by market cap, has finally reached new all-time highs in USD today on Jan. 19th. According to data from Coinmarket Cap and TradingView ETH/USD has beat its previous all-time high during Tuesday trading, passing $1,428. This means that Ethereum is now getting ready to enter into price discovery mode similar to… Read More

Guggenheim CIO Scott Minerd Bullish On Bitcoin Still Predicting $400K

In an interview with Bloomberg Markets on Friday, Guggenheim Partners’ chief investment officer Scott Minerd stated hes still bullish on Bitcoin and believes it should be $400K. Minerd, who oversees Guggenheim’s $275 billion in assets under management, made an extremely bullish prediction for  Bitcoin last year predicting the number one digital currency should be $400,000…. Read More

Goldman Sachs Said To Be Exploring Crypto Custody Service

An inside source told Coindesk that Goldman Sachs is planning to enter the cryptocurrency market as a custody for investors to hold crypto. Goldman Sachs has issued a request for information (RFI) to explore becoming a digital asset custody, according to a source inside the bank who spoke to Coindesk. Goldman Sachs is reportedly planning… Read More

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