ARK Invest has predicted via its Big Ideas 2022 Annual Research Report, that the increasing adoption and uses cases of bitcoin (BTC), ether (ETH), and other cryptoassets could push the industry’s equity market capitalization to nearly $50 trillion by 2030, with the price of bitcoin (BTC) hitting $1 million. A […]
A 92-year-old American commercial bank with around $8 billion in total assets (as of 31 December 2020) has announced how it intends to launch Bitcoin services for its customers in the first quarter of this year. In its press release, Flushing Financial Corporation (Nasdaq: FFIC), which is the parent holding […]
Pay no attention to the latest crypto market crash. ARK Invest, the asset management firm helmed by Cathie Wood, says Bitcoin has a chance of crossing the $1 million bracket. But you’re going to have to wait for BTC to reach that marquee figure. The New York-based investment house believes […]
Click the link below to listen to the Podcast: Around The Block With Jefferson Podcast Transcript: Jefferson: Live from BTC Manager World Headquarters, this is, “Around The Block with Jefferson”. What an interesting last few days have been, Bitcoin has gone from $45,000 or so to now low of about […]
Lloyd Blankfein, a former CEO of investment bank Goldman Sachs, has acknowledged during an interview that cryptocurrencies are evolving and revealed he has changed his mind on the cryptoasset space, years after bashing Bitcoin saying it’s a “vehicle to perpetrate fraud.” Speaking to CNBC’s Andrew Ross Sorkin, Blankfein was asked […]
Key Takeaways Bitcoin has not yet reached a cyclic bottom according to Ki Young Ju, CEO of CryptoQuant. He draws his judgment from Bitcoin’s MVRV ratio, which is currently trending lower. While the metric is bearish, bullish sentiments continue to linger in the market. Bitcoin’s price has been in free […]
Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, has said he sees the bitcoin price crash as “great news” as he may invest in the flagship cryptocurrency “if and when” its price drops back down to $20,000. In a tweet Kiyosaki […]
In a recent interview, Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR), gave two reasons for the current downturn in the crypto market. On 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase price […]
The SEC rejected the spot Bitcoin application from Skybridge giving a plethora of reasons for their decision. The regulator had previously delayed giving a decision for the application that was first filed in May 2021. Despite the rejection, analysts remain bullish that a pure-play Bitcoin ETF is around the corner. […]
Despite the flagship cryptocurrency falling to six-month lows, El Salvador is not wavering in its bitcoin flag-waving. The government of the Central American nation is exploring creating low-interest loans backed by bitcoin for small-to-medium-sized enterprises across the country. The new initiative aims to address the pressing financial needs of the […]
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