Bitcoin

Banks cryptocurrency
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
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,…

Banks cryptocurrency
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…

Bitcoin
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…

Bitcoin
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
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…

Bitcoin
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…

Altcoins
Weekly Market Report for Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Ripple’s XRP

Since making it to a new all-time high, Bitcoin had more than several price fluctuations, currently trading below the value of 18,000$, and finding new support levels at 17,500$ with the recent price correction. How are other cryptos, such as…

Bitcoin
Synthetic Assets get Competition for Scalability as New Markets Heat up

Two new engineered resource and subordinates stages hope to take a cut of Synthetix’s pie. Synthetic resources, one of the most promising use cases for decentralized finance (DeFi), is becoming an increasingly brutal scene as two new activities plan to…

Bitcoin
Survey Shows that 65% of Paypal Traders Can Now Pay for their Products and Services Using Bitcoin

At any rate, 65% of individuals who utilize the Paypal application to exchange bitcoin are set up to use the full cryptographic money to pay for their merchandise and various ventures at the 28 million stores upheld by the installments…