Investment Manager Guggenheim Has Some Advice as BTC Sheds Billions — ‘Bitcoin’s Parabolic...
Guggenheim Investments’ global chief investment officer has some advice on what investors should do as the price of bitcoin plummets. His company, with $230 billion in assets under management,...
Crypto Markets Suffer Heavy Losses, Bitcoin Price Sinks More Than 25% in 24 Hours
Cryptocurrency markets have suffered significant losses during the last 24 hours, as the entire crypto market cap has dropped below a trillion to $823 billion losing roughly 9.9% in...
Bank of America Predicts ‘Mother of All Bubbles’ for Bitcoin
Bank of America’s chief investment strategist sees “the mother of all bubbles” in bitcoin. He compared the cryptocurrency’s recent rally to other bubbles, emphasizing the “increasingly speculative” investing behavior...
While Bitcoin’s Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine
The price of bitcoin has dropped on Sunday losing more than 6% during the last 24 hours, but a myriad of other coins have seen significant gains in contrast....
Morgan Stanley Massively Increases Bitcoin Exposure Through Microstrategy
Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a...
Bitcoin ‘Going Through the Roof’ Unlike Assets Controlled by Government, Says Former Fed Governor
Former Federal Reserve Governor Kevin Warsh is bullish on bitcoin. He sees all assets that are not controlled by the U.S. government “going through the roof,” unlike those the...
Bitcoin Now Larger Than Facebook’s Market Cap — ‘Money Network More Valuable Than Social...
The surge in bitcoin’s price on Friday has propelled the cryptocurrency past Facebook’s market cap. Next, bitcoin stands to flip Tesla, Google, Amazon, Microsoft, and then Apple.
Bitcoin Surpasses Facebook...
Skybridge Bitcoin Fund Debuts With $310 Million — Investment Manager Expects Each BTC Worth...
Skybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge...
Economist David Rosenberg Pleads Ignorance on Bitcoin After Predicting Massive Bubble
Economist David Rosenberg has pleaded “ignorance on bitcoin” after saying that the cryptocurrency was in a massive bubble. He admitted that bitcoin has exceeded his expectation but he still...
While Bitcoin Tapped New Price Highs, 78,000 Short Positions Worth Over $800 Million Got...
While bitcoin has crossed a new all-time price high in 2021, traders are leery toward shorting the crypto asset. Data from Bitfinex shows the number of short contracts has...