https://www.youtube.com/watch?v=DA5spxR-5tw Rick Rieder, CIO of Fixed Income for Blackrock, the largest asset manager in the US, shared his thoughts on Bitcoin: Q: You had alluded to the distinction between what’s happened with the price of… Read More »Blackrock: Bitcoin To Replace Gold?
Bitcoin ended the week above $16,000 as prices continue to trend upwards toward $20,000. Any sudden surges around the $20,000 area might portend corrective price action back down to these current price levels. Longer consolidation… Read More »Bitcoin Reaches $16,000
Bitcoin surpassed the $15,000 mark and is trending toward its all-time high of $19,600 by year-end if the momentum continues. The chart shows a daily high of nearly $13,000 in June 2019, but the hourly… Read More »Bitcoin Breaks $15,000
Bitcoin recently touched $14,000 in the past few days and other cryptocurrencies (ie. altcoins) have lost ground against it. Many Bitcoin maximalists have started to chatter about how Bitcoin will start to decouple from altcoins and suggest… Read More »Will Bitcoin Leave Altcoins Behind In The Dust?
PayPal made it’s long awaited move into cryptocurrencies, announcing Wednesday that its over 300 million users will be able to buy and hold Bitcoin, Litecoin, Ethereum and a few other cryptocurrencies and to shop at… Read More »PayPal Moves Into Bitcoin
Key Alternative Investment for Institutions Fidelity has recently come out with the Bitcoin Investment Thesis report that outlines the potential role of Bitcoin in the institutional investment portfolio. This report should encourage more institutional adoption… Read More »Fidelity: Can BTC Surpass $1.3 Trillion?