Selloff in Bitcoin reverses course on buying by Square and MicroStrategy as well as comments by U.S. Federal Reserve Chairman Jerome Powell that the central bank will maintain its accommodative…
After raising US$1 billion through a debt offering, MicroStrategy immediately went into a buying spree and ended up with 19,452 Bitcoins. The average price per Bitcoin purchased is $52,765.
Together with…
There are many Bitcoin HODLers out there but each HODL has varying degree of faith and conviction on how far Bitcoin can go. In a recent CNBC interview, MicroStrategy’s CEO…
Bitcoin descended into freefall from a high of US$57.000 to touch the US$48,000 level, representing a 16% drop. The general crypto market also experienced the same market mayhem with some…
Bitcoin was the precursor to the current state of the cryptocurrency universe. Its advent sets off a chain of innovative and revolutionary technologies known as blockchain and distributed ledger technologies.…
In a recent CNBC interview, Cathie Woods, CEO of Ark Invest, mentioned that the probability of a U.S.-based Bitcoin ETF happening is higher now. Chief among the factors favouring the…
It seems money always find its way. Galaxy Digital is teaming up with CI Global Asset Management to launch the CI Galaxy Bitcoin ETF (BTCX) in Canada.
CI Global Asset Management…
Bitcoin soars to new all-time-high above US$52,000
Volatility still lower than 2017, with macro factors and futures activity suggesting that the rally remains sustainable
To understand the tale of Bitcoin one…
Bitcoin has been breaking one ATH after another. This time, it has broken through the $52,000 level and thus, bringing its market cap just a whisker shy of the trillion…
One thing which Bitcoin has done in its run up from less than US$20,000 to its current ATH of more than US$50,000 is converting the skeptics to believers. The latest…