S&P 500 Companies Can Push BTC price to 70K, Investment Firm Says

The price of Bitcoin could be headed a lot higher as more companies make Bitcoin a substantial part of their portfolios, according to a report by ARK Invest. In it’s annual Big Ideas report, ARK said Bitcoin’s price could be…

Former Goldman Sachs CEO: Bitcoin Needs To Be Reigned In

Former Goldman Sachs CEO Lloyd Blankfein says that if he were a regulator, he would be “hyperventilating” at the success of Bitcoin. While giving his two cents about the future of Bitcoin, he seemed amazed at how relaxed regulators have…

JPMorgan Is Encouraging More Institutions To Buy Bitcoin

JPMorgan is one of the leading banks when it comes to crypto investments at the moment. A report released last week by the bank’s head of Cross-asset Strategy Division John Normand, encourages investors to consider adding Bitcoin to their Investment…

BTC: Asian Analysts See signs of Institutional Exhaustion

The BTC price has labored back to the $33,000 mark after a drop that had seen it tumble to $28,850 in the past 48 hours. Hopes of a bigger recovery have been dashed with BTC unable to pierce through the…

Harvard Professor: Bitcoin Will Only Work For Failed States

Bitcoin is getting hits from more than just regulators now. A Harvard crypto skeptic has added salt to the wounds inflicted on BTC by soon to be treasury chief Janet Yellen. Kenneth Rogolf, a public policy and economics professor at…

Goldman Sachs: Bitcoin is Becoming More Mature

The head of commodity research at Goldman Sachs Jeff Curie, told CNBC this week that the BTC market was becoming more mature. He also noted that predicting the BTC price was quite difficult because the price was subject to so…

Janet Yellen: Bitcoin Is An Enabler For Illegal Activity

Incoming US secretary of the treasury Janet Yellen may not be a big fan of cryptocurrencies at least according to her nomination hearing on Tuesday January 19. Yellen was asked cryptocurrencies as Joe Biden’s pick for the treasury hot seat…

270K BTC Has Been Taken Out Of Supply Over The Last Month

Despite volatile prices that have seen BTC lose its value by 7% overnight, BTC investors are holding on to their Bitcoin. According to data published by crypto market data aggregator Glassnode, “liquid” BTC wallets have shed 270,000 BTC over the…

Armed Criminals Got Away With $450,000 in Bitcoin from Hong Kong Trader

According to the South China Morning post, Hong Kong police have launched a massive manhunt for a gang that made away with 3.5 million Hong Kong dollars ($450,000) from a woman in the Hong Kong. The gang made away with…

BOA Survey: Bitcoin is Now The Most Crowded Trade

A major United States fund manager survey or FMS has found Bitcoin to be at the summit of positive investor sentiment. According to Reuters, 36% of respondents quizzed in the survey pointed to Bitcoin as the most crowded trade ahead…