Bitcoin

Bitcoin

Legendary Investor Stan Druckenmiller Turns Bitcoin Bull

Billionaire investor Stan Druckenmiller made pro-bitcoin comments on CNBC, joining other high-profile, ultra high-net-worth investors.

People  ·  10 November 2020
Bitcoin

MicroStrategy CEO Explains Why Bitcoin Is ‘a Million Times Better’ Than ‘Antiquated’ Gold

Even if they don’t know it yet, Michael Saylor thinks gold investors will eagerly dump the commodity for what he calls a superior store of value – bitcoin.

Business  ·  10 November 2020
Bitcoin

First Mover: Bitcoin Needs No Vaccine as Druckenmiller Lays Down ‘Better Bet’

Price reaction to vaccine breakthrough renews dialogue over whether bitcoin trades like a risk-on asset, inflation hedge or neither.

Markets  ·  10 November 2020
Bitcoin

3 Reasons Bitcoin Has Rallied Over 60% in Just Two Months

We've all watched bitcoin rally sharply since September. But what's driving the bull market?

Markets  ·  10 November 2020
Bitcoin

Ex-Microsoft Dev Gets 9 Years in Prison Over $10M Theft Involving Bitcoin Mixing

The former Microsoft software engineer was sentenced Monday for an elaborate criminal scheme involving bitcoin and digital gift cards.

Policy & regulation  ·  10 November 2020
Bitcoin

Market Wrap: Bitcoin Drops as Low as $14.8K; ETH Options Open Interest at Record High

Bitcoin’s price performance has been choppy while ether options trading has gained steam.

Markets  ·  9 November 2020
Bitcoin

Why Bitcoin Needs Philosophy

When should I CoinJoin? What is a Bitcoin transaction? Are forked cryptos new assets? These seemingly quotidian crypto questions are deeper than you think.

People  ·  9 November 2020
Bitcoin

First Mover: What’s Next for Bitcoin as Wall Street Gets Vaccine Booster

Crypto markets could turn on a shift in economic policies as U.S. President-Elect Joe Biden's transition team starts to meet.

Markets  ·  9 November 2020
Bitcoin

Bitcoin’s Weekly Close Above 2019 High Leaves Runway Clear to $20K

Bitcoin has closed above last year's high, toppling a final technical barrier on the road to a potential new all-time high.

Markets  ·  9 November 2020
Bitcoin

Crypto Long & Short: Bitcoin Gets Ready for a New Type of Hedge

Traditional 60/40 portfolio allocations to equities and bonds is doing a disservice to savers. It’s time for a new type of hedge.

Markets  ·  8 November 2020
Bitcoin

Veteran Investor Bill Miller Says Every Major Investment Bank Will Own Bitcoin or Something Like It

Following bitcoin purchases by MicroStrategy and Square, Miller said every major investment bank and high net worth firm will eventually have exposure to bitcoin or commodities like gold.

Markets  ·  7 November 2020
Bitcoin

Market Wrap: Bitcoin Loses Steam at $15.9K; Over 600K ETH Yanked From DeFi

Bitcoin’s price was close to $16,000 Friday but lost momentum while ether locked in DeFi is on a downward trend.

Markets  ·  6 November 2020
Bitcoin

First Mover: Resistance Is Futile as Bitcoin Breaches $15K, Crypto Gets Greedy

As bitcoin surges, bullish analysts (and greedy traders) see few stopping points before prices challenge the all-time high near $20K.

Markets  ·  6 November 2020
Bitcoin

As Bitcoin Surges, Google Searches Suggest Little FOMO Among Retail Investors

Web search data suggests popular interest in bitcoin remains at normal levels, despite a sharp price rally to near $16,000.

Markets  ·  6 November 2020
Bitcoin

Market Wrap: Bitcoin Surpasses $15.3K; Ether Up 210% in 2020

The price of bitcoin popped to new 2020 highs while ether has performed more than two times better than BTC so far this year.

Markets  ·  5 November 2020