Investment Manager Guggenheim Warns of Bitcoin Pullback, Calls It 'Great Entry Point' for Investors – Markets and Prices Bitcoin News

Guggenheim 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 […]

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NYDIG Brings Bitcoin to $6 Trillion Global Insurance Industry — Partners With Starr, Liberty Mutual, New York Life – Markets and Prices Bitcoin News

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 […]

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GBTC Holder Says Not Enough Being Done to Eliminate Discount on Shares— Proposes an Alternative Solution – Markets and Prices Bitcoin News

A 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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Bitcoin to Become the Global Reserve Asset, Says Bloomberg

Key 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 […]

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Ultimate Fintech Awards 2021: The Race Is On

There 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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