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Goldman Sachs Says Bitcoin Is A “Retail Inflation Hedge With No Threat To Gold” Compares To Copper

Goldman Sachs’ head of commodities research Jeff Currie has stated that Bitcoin is “the retail inflation hedge” calling it not digital gold but comparing the number one digital asset to copper. Currie added, that  gold and Bitcoin can co-exist and does “not see bitcoin’s rising popularity as an existential threat to gold’s status as the… Read More

Pierre Rochard: “Half Of Top 500 Companies Will Own Bitcoin By End Of 2021”

Kraken’s Bitcoin strategist Pierre Rochard said that he believes BTC will see an explosion of corporate interest in 2021 predicting 50% of the top 500 companies will own Bitcoin by the end of next year. In Kraken’s 2021 market outlook webinar this week, the long time Bitcoin enthusiast predicted that 50% of the top 500… Read More

JPMorgan Analysts See $600 Billion Entering Into Bitcoin Market After Mass Mutual Purchase of $100 Million

JPMorgan’s analysts have predicted Bitcoin will soon face significant demand following a recent $100 million purchase by MassMutual. The analysts conclude that even more traditional investors, including pension funds, will jump into the cryptocurrency game where they estimate a sum of $600 billion could enter the Bitcoin market. JPMorgan Chase’s analysts moreover noted that they… Read More

Canada Based Cypherpunk Holdings Now Holds 276 BTC After Liquidating Alt Coins

Canada-based investment firm Cypherpunk Holdings not to be confused with the Cypherpunks Mailing list which created Bitcoin has dumped all of its holdings of Ethereum and Monero and put the funds into Bitcoin. In an announcement, the company said that its Bitcoin holdings have increased to 276.479 BTC from its previous balance of 72.979 BTC… Read More

Former Rapper Logic Claims To Have Bought $6 Million In Bitcoin

Famous former rapper Logic claimed in an Instagram story that he “bought 6 million in Bitcoin, last month.” The Grammy-nominated music artist called his investment a “YOLO” moment in his life, ending the short video with “f*ck it.” Logic is known for controversy so it’s no surprise that he decided to jump into Bitcoin. Better… Read More

Billionaire Hedge Fund Manager Says He “Might Be Missing Something About Bitcoin”

In a Twitter thread American billionaire hedge fund manager and philanthropist, Ray Dalio concluded that Bitcoin (BTC) is not an adequate medium of exchange nor a store of value due to its volatility. He also stated that governments could outlaw crypto assets if they became a threat to fiat currencies. Though, he also acknowledged he… Read More

JP Morgan Report Says Bitcoin Acting As “Alternative To Gold”

JP Morgan analysts recently published a brief report acknowledging Grayscale trends involving Bitcoin, stating the leading digital asset was acting as an “alternative to gold.” The analysts wrote that Grayscale’s October data, regarding its Grayscale Bitcoin Trust, suggests that BTC may be increasingly acting as an alternative to gold. Gold has long been recognized as… Read More

Legendary Investor Says Banks About To Get Involved In BTC And Cryptocurrency

Mutual fund legendary investor Bill Miller recently told CNBC that the risks of Bitcoin going to zero are “lower than they’ve ever been before” and predicted that banks will get involved in cryptocurrency. “The Bitcoin story is very easy, it’s supply and demand,” Miller said. “Bitcoin’s supply is growing around 2.5% a year and the… Read More

Bitcoin Bull Storms Through 14K Amid News U.S. Is Seeking Forfeiture of Seized 1 Million BTC Connected To Silk Road

Bitcoin has blasted through 14K briefly touching 15K, amid news that the U.S. Department Of Justice, (DOJ) is suing for the forfeiture of thousands of Bitcoins, totaling more than $1 billion, that it recently seized. The coins linked to the darknet market Silk Road is the largest the U.S. has ever conducted, the DOJ said…. Read More

Microstrategy CEO Michael Saylor Says He Personally Owns $240 Million In Bitcoin

Microstrategy CEO Michael Saylor has revealed that he personally owns about $240 million in Bitcoin. The CEO of the billion-dollar company Microstrategy, Michael Saylor, has revealed his own bitcoin holdings. His company, Microstrategy, recently bought $425 million in bitcoin as its primary Treasury reserve asset. Saylor, who has been outspoken about Bitcoin ever since his… Read More

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