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Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted that the price of bitcoin will increase to $1.2 million within five years. Kiyosaki revealed that he bought bitcoin at $9,000, adding that he may buy the cryptocurrency again “today or tomorrow just because I’m more bullish on […]
» Read moreGuggenheim CIO Scott Minerd has warned crypto investors about bitcoin’s pullback. He said bitcoin “clearly has gotten caught in a speculative bubble that Gamestop got into.” However, he noted that it will be a “great entry point” for long-term investors. ‘Great Entry Point’ for Bitcoin Investors The chief investment officer […]
» Read moreKey Takeaways Bitcoin appears to have resumed its uptrend after a prolonged stagnation period. Now, the only resistance level that separates BTC from new all-time highs is the $62,000 hurdle. Breaking through this barrier would likely see prices rise to $70,000. Following a month-long consolidation period, the buying pressure behind […]
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Cryptocurrency markets have gathered fresh gains this weekend, as bitcoin’s value spiked above the $60k handle touching $61,222 per unit during the early morning trading sessions on Saturday (EST). Moreover, a number of digital assets saw price jumps as well, as the entire market capitalization of all 9,190 crypto-assets in […]
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Key Takeaways Ethereum recently reached a new all-time high of $2,212. While the number of ETH held on exchanges dropped to a three-year low, the potential downswing has vanished. As long as Ether holds above $2,050, there is a high probability of reaching $2,600. Ethereum is back in the green […]
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New York Digital Investment Group (NYDIG), the bitcoin investment arm of Stone Ridge Asset Management, is creating bitcoin-powered products and services for the $6 trillion global insurance industry. The company has formed strategic partnerships with major insurers, including Starr, Liberty Mutual, New York Life, and Mass Mutual. Tapping Into $9 […]
» Read moreA privately-held investment firm from Chicago, Marlton Partners, has urged Grayscale Investments to embrace the modified Dutch auction tender offer for GBTC shares. According to Marlton, such a tender offer “would materially narrow — if not eliminate — the discount to net asset value (NAV).” This, in turn, offers stockholders […]
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Exness, the multi-asset brokerage with global operations, reported record monthly trading volumes for March with $930.6 billion. The demand was primarily bosted with an influx of new traders to the platform. Total volume for March remained significantly higher than the previous month, with almost a 39 percent month-over-month jump. Last […]
» Read moreKey Takeaways According to Bloomberg, Bitcoin would replace gold as the global digital-reserve asset. Although the digital asset is undergoing a consolidation period, the firm believes that there is a higher probability that it will advance further. The most conservative target cited in the report puts Bitcoin at $80,000, while […]
» Read moreThere has been much excitement surrounding the Ultimate Fintech Awards 2021. Customers, partners and traders will decide the best brokers of 2021 through a public voting system. The published results will provide traders with a high standard of brokers for their region, language, platform, instruments or partnership requirements. So what […]
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