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“# Price analysis 3/8: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LINK, LTC, BCH ” Data from Glassnode shows that Bitcoin (BTC) held on centralized exchanges has dropped by about 20% in the past 12 months. This suggests that investors are withdrawing their Bitcoin to the cold storage with a view of possibly holding them…
“# Women, decentralization and the world’s economic drive: Experts answer ” The economic recession of 2008 to 2009 resulted in the invention of Bitcoin (BTC), creating a brand new financial system that is now growing and developing rapidly. Back then, the Harvard Business Review published an article titled “The Female Economy” pointing out that about…
“# Bitcoin ‘pushing aside’ gold as a store of value — Senior Bloomberg strategist ” A number of indicators suggest that Bitcoin (BTC) is pushing aside gold as the premier safe-haven asset. This could set the stage for wider mainstream adoption of the digital currency, according to Mike McGlone, a senior commodity strategist at Bloomberg….
“# Bitcoin price breakout imminent: Why BTC bulls and bears are battling at $52K ” Bitcoin’s (BTC) price has been consolidating in the previous weeks as the sentiment and momentum have slowed to a crawl. That’s very natural, as it’s also impossible to throw a six every time. Therefore, consolidation and correction are necessary for…
“# NYDIG raises $200M from strategic partners as total Bitcoin custody tops $1B ” New York Digital Investment Group announced the completion of a $200-million growth capital funding round for business initiatives relating to Bitcoin (BTC). The funding round was led by NYDIG strategic partners Morgan Stanley, Stone Ridge Holdings Group, Soros Fund Management and MassMutual,…
“# 40% of Goldman Sachs’ clients already have exposure to crypto, survey shows ” American banking giant Goldman Sachs has officially confirmed its plans to revive a cryptocurrency trading desk amid the increasing demand from investors. Matt McDermott, global head of digital assets for Goldman Sachs global markets division, announced that the company will provide…
“# Beware the ides of March: Bitcoin slumps as Treasury yields and the Dollar rise again ” The price of Bitcoin (BTC) is struggling to break past $51,000 on March 8 as the U.S. Treasury yield is rising again while the U.S. Dollar Index (DXY) is at the highest levels in over three months. The…
“# Hosting a CBDC? Only one of Bitcoin, Ethereum or XRP can do it, says report ” A 44-page report commissioned by CPA Australia delves into the status of Central Bank Digital Currency development worldwide, while exploring viable blockchain candidates for hosting CBDCs in the coming years. The report offers up evaluations of the three…
“# Galaxy Digital Bitcoin ETF to launch this week as exec eyes ‘compelling opportunities’ ” Bitcoin (BTC) exchange-traded funds (ETFs) continue to multiply as a new entrant hits the Canadian market on March 9. In a press release on Monday, Galaxy Digital Capital Management, a subsidiary of financial services and investment management company Galaxy Digital,…
“# Argo Blockchain buys 320 acre land plot in Texas to expand mining operations ” Publicly-listed mining company Argo Blockchain has finalized its acquisition of a new, 320 acre land plot in West Texas, United States, which it plans to use for the construction of a new 200NW cryptocurrency mining facility. News of the planned acquisition…