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…

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…

Whale Action is Behind BTC’s Sudden Drop in Price?

On Dec. 8, at around 06:00 UTC, the world’s first cryptocurrency price dropped from $18,770 to about $18,031. After that, by press time, it retraced marginally to $18,200. Since the bellwether cryptocurrency hit an all-time peak of about $19,920, per…

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…

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…

Kevin O’Leary Is More Than Ready to Place 5% of His Portfolio in SEC-Approved Bitcoin ETFs from Shark Tank

Shark Tank star Kevin O’Leary, also known as Mr Wonderful, is willing to place 5% of his investment portfolio in the U.S. approved bitcoin exchange-traded fund (ETF) Commission for Securities and Exchange (SEC). O’Leary, long regarded as a sceptic of…

Former PWC Blockchain Head: Banks should integrate cryptocurrencies Now

Cryptocurrency is no longer baseless talks about the future. It is a current and future occurrence that every financial institution should dive into. Investors like Rick Rider, BlockChain Chief investment Officer, put it out to the public in no simple…

Five Possible Reasons for Bitcoins New Major High

Bitcoin, on the 30th of November 2020, hit a significant high. Bitcoin, the oldest and largest form of cryptocurrency, rose with a 170%rate standing at $12,864, an all-time high that has left the whole world eager to know how this…

Why are Pro Bitcoin Traders so hopeful? The 4 Key Indicators

Every serious investor has been tracking Bitcoin’s evolution at one point or another and has heard of the great impact Bitcoin has had on the global market, its foreseen future in the market, and how various markets manipulate the Bitcoin…

Venezuelan Army Takes to Mining Bitcoin for Economic Relief

You know it serious when the Army gets involved. Time and again, the Venezuelan economy has suffered significant economic hits, mainly after inflation in oil prices. This is brought about by political instability and, most recently, the COVID-19 pandemic. In…