After recording an all-time high of over 19,800$ on the first day of December 2020, Bitcoin made it to a new ATH in the same month. Bitcoin is currently trading at its new all-time high price, recorded on December 18th,…
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Bitcoin to Breach $20K in Coming Weeks?
According to many experts, Bitcoin’s renewed upward trajectory could quickly lead to a much-anticipated breakout over the $20,000 line. Matthew Dibb, COO at Stack Funds, said that, “We have witnessed a large move up over the weekend, with MicroStrategy’s efforts…
Flash Loan Attack: Origin Protocol Unveils Compensation Plan that Excludes Founders
For its depositors, who were adversely impacted by the flash loan attack in November, the Origin Protocol team has unveiled a reimbursement package. The team stated that there is already a proposal to pay equivalents of 100 per cent, the…
JPMorgan Predicts $600 Billion Bitcoin Demand
The Bank said that even 1 percent of major financial firms’ asset allocation would result in BTC demand of $0.6 trillion. In a research report, JPMorgan Chase, one of the largest investment banks in the world, mentioned that the recent…
Bitcoin (BTC) Price December 2020: Will Bitcoin Get Back to Its ATH by the End of the Year?
After reaching a new all-time high price at the beginning of the year, Bitcoin (BTC) went down below the value of 19,000$ and 18,000$ for a brief on several occasions. Fluctuations in value are a common case in trend reversals,…
Former PBoC Head: China has no Plans to Replace the US Dollar
A former People’s Bank of China governor has said that the country has no intention to replace the US dollar with the digital Yuan it’s working on. The former PBoC governor and current head of the Chinese Finance Association, said…
WILL Machines Max Out The 100 Megawatt Montana Facility? Marathon Purchases 10,000 Bitcoin Miners
Marathon Patent Company, Inc. (NASDAQ: MARA) has once again collaborated with Bitmain to buy another 10,000 bitcoin miners for the application-specific integrated circuit (ASIC). Marathon also noted that in addition to the recent acquisition, it is still expanding its activities…
MassMutual Buys $100M in Bitcoin, Bets on Institutional Adoption With $5M NYDIG Stake
With a $100 million stake in bitcoin and a $5 million share in shares in NYDIG, Massachusetts Mutual Life Insurance Co. is getting into the institutional bitcoin game. MassMutual, which has been operating since 1851, has poured cash into the…
Bitcoin Price Prediction: Bitcoin (BTC) Price Forecast 2020 and 2021
Bitcoin made it to its all-time high on December 1st, 2020, reaching 19,799$ in a major bull run. The bull run was most possibly triggered by the post-halving momentum. The mining rewards for BTC are reduced by half to 6.25…
Ray Dalio: Bitcoin has a place in Investors Portfolio
Bridgewater Associates, and the founder of the world’s largest hedge fund, Ray Dalio, gave a more optimistic outlook on bitcoin than his remarks that made headlines last month. He compared Bitcoin to gold and said that as a store of…