Bitcoin seems to be diverging on its price movement after two recent Canadian-based Bitcoin ETFs are slated to be launch in the very near future.
Purpose Investments and Evolve Funds Group…
At around noon UK time, BTC has breached another key resistance level of $50,000. However, the shorts were quick on the action and brought the meteoric rise down to earth.…
While investors were whiling away the weekend, traders took advantage of thinner volumes to push Bitcoin past US$49,000 for the first time ever
Explosive rally in Bitcoin is due to…
An investment unit of Morgan Stanley, Counterpoint Global, is studying the feasibility of investing in the bellwether cryptocurrency aka Bitcoin.
Counterpoint Global has about US$150 billion asset under management. It has…
Canada approves its first Bitcoin ETF
Experience with marijuana-based funds could pave the way for the U.S. to also approve its own Bitcoin ETF, following in the lead of Canada
It…
Purpose Investments Inc, a subsidiary of Purpose Financial and based out of Toronto, Canada, has today announced the greenlighting of its Purpose Bitcoin ETF (BTCC) by Canadian securities regulators.
This will…
In PayPal’s latest investor day, its CFO John Rainey indicated that the company will not be allocating its cash to Bitcoin. On the same day, Uber CEO Dara Khosrowshahi also…
Bitcoin pulls back after sharp rise on announcements that Tesla had invested as much as US$1.5 billion in the cryptocurrency
Central banks are paying more attention to Bitcoin now that…
On Monday February 9, Michael Novogratz founder of Galaxy Digital, predicted in a Bloomberg report that Bitcoin price would hit US$100,000 by the end of 2021. This prediction came on…
Bitcoin saw its, arguably, largest 1 hour price rise after Tesla Inc reported in an SEC filing that it holds US$1.5 billion worth of the bellwether currency. The price went…