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“# Bitcoin cycle is far from over and miners are in it for the long haul: Fidelity report ” Fidelity Digital Assets — the crypto wing of Fidelity Investments which has $4.2 trillion assets under management–shared their “two sats” on the future of the digital assets space. The key takeaways touched upon miners’ behavior and…
“# Wall Street still not convinced on Bitcoin $100K this year: JPMorgan survey ” One of the world’s largest investment banks has its Bitcoin (BTC) price predictions ready for 2022. In a recent poll, JPMorgan Chase asked its clients “where do you see Bitcoin trading at 2022 year-end?” Just 5% said they saw the digital…
“# MicroStrategy purchases $414.4 million worth of Bitcoin with total BTC balance eclipsing $3.5 billion ” Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday morning via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC) worth approximately $414.4 million and an average price of $59,187 per…
“# Ken Griffin says Bitcoin will be replaced by Ethereum-based currency ” Billionaire CEO of American hedge fund Citadel Kenneth Griffin thinks a currency on the Ethereum (ETH) network will replace Bitcoin (BTC) as crypto’s top dog. Citadel manages over $40 billion of capital — a quarter of the trading volume in the US stock…
“# Inside El Salvador’s Bitcoin experiment: Cointelegraph video report ” Last month, Bitcoin was adopted as legal tender in El Salvador, joining the U.S. dollar. The country’s new Bitcoin Law, which will be enforced starting Sept. 7, will allow Salvadorans to use Bitcoin (BTC) as a currency to purchase goods and services, as well as…
“# ‘Billion of users adopting Bitcoin? Maybe in ten years’, says Dan Held ” Bitcoin has a good chance of becoming the world reserve currency, although we are “at least ten years away from that”, said Kraken’s head of growth Dan Held in an exclusive interview with Cointelegraph. According to Held, the transition to an…