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“# Kimchi premium hits 11% — Is Bitcoin now in a 2017-esque retail stage of the cycle? ” The price of Bitcoin (BTC) is continuing to range between $56,000 and $60,000, as the so-called “Kimchi premium” is surging to yearly highs. Kimchi premium forms when Bitcoin is trading at a higher price in South Korea…
“# NFTs ‘ten times better’ than traditional art, says Beeple’s $69M NFT buyer ” Nonfungible tokens are “ten times better than their physical counterparts”, according to digital art collector MetaKovan. The pseudonymous art patron, who was recently revealed to be blockchain entrepreneur Vingaresh Sundaresan, bought the NFT of Beeple’s “EVERYDAYS: THE FIRST 5000 DAYS” for…
“# Here’s why April may be the best month yet for Bitcoin price ” The U.S. dollar is starting to weaken once again as sellers are pushing the U.S. Dollar Index (DXY) downward, which could strengthen the momentum of Bitcoin (BTC) in the near term. Alternative assets like Bitcoin and gold are priced against the…
“# Pension funds and insurance firms alive to Bitcoin investment proposal ” Life and annuity companies are increasingly dedicating part of their asset base to Bitcoin (BTC). While the top crypto has delivered the best returns over the past decade, the long-talked-about institutional herd seems to be finally making its way to the BTC market….
“# Bubble or a drop in the ocean? Putting Bitcoin’s $1 trillion milestone into perspective ” On Feb. 19, Bitcoin’s (BTC) market capitalization surpassed $1 trillion for the first time. While this was an exciting moment for investors, it also concerned investors that the asset is in a bubble. Although a handful of listed companies…
“# Tyler Winklevoss thinks Bitcoin is past the risk of a US ban ” The United States government has increasingly stepped up its overwatch on crypto in recent years, although an outright ban on Bitcoin is now unlikely — at least according to Gemini CEO and co-founder Tyler Winklevoss. “I think, if we were back…
“# Latest episode of ‘the Falcon and the Winter Soldier’ involves massive Bitcoin bounty ” The Falcon and the Winter Soldier, a new Marvel Cinematic Universe show on the Disney+ streaming platform, incorporated a Bitcoin (BTC) bounty into its newest episode. In episode three, “Power Broker,” one of the characters receives a text message which…
“# Price analysis 4/2: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, THETA ” According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same time frame, institutional inflows into Bitcoin (BTC) have increased by $7 billion. The bank said,…
“# Next up, Bitcoin ETF by Fidelity: Crypto funds batting .000 against SEC ” With more than 35 million customers, $21 billion in revenues and $3.8 trillion in discretionary managed assets, Fidelity Investments is one of the largest investment management companies in the world. It may need all its heft to break the losing streak…
“# Bitcoin ‘on brink of strong breakout’ says analyst ahead of Coinbase IPO ” Bitcoin (BTC) is primed for a price breakout after beating out volatility, but April may still produce a surprise sell-off. In his latest market update on April 2, filbfilb, co-founder of trading suite Decentrader, said that he now expects upside to…