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“# Norwegian investment firm allocates $58M to Bitcoin and crypto ventures ” Aker ASA, a $6 billion Oslo Børs-listed holding company is set to begin investing in Bitcoin. According to a press release issued on Monday, Aker has created a new company called Seetee AS whose mission is to invest in Bitcoin (BTC). The newly…
“# Bridging the Bitcoin gender gap: Crypto lets everyone access wealth ” There’s a rumbling in the crypto world. Long perceived — not unjustly — as a boys’ club, 2020 has seen more women entering Bitcoin (BTC) and other cryptocurrencies than ever before. If the trend continues, we’ll see a welcome influx of women in…
“# Bitcoin closes its second-best week ever: 5 things to watch in BTC this week ” Bitcoin (BTC) starts a new week on a firmly bullish note as stocks tumble and BTC managed to close the week above $50,000. After a mixed performance last week that saw multiple tests of $46,000, buyer support is entering…
“# The number of BTC held on exchanges crashed 20% in 12 months ” Data from on-chain crypto information aggregator Glassnode indicates the number of Bitcoin held on centralized exchanges has fallen by roughly 20% in 12 months. The data suggests investors are accumulating BTC and withdrawing them from exchanges into cold storage, creating a…
“# Want to be rich? Bitcoin’s limited supply cap means you only need 0.01 BTC ” In 10 years Bitcoin’s finite supply will be nearly exhausted, meaning holders might only need 0.01 BTC to become filthy rich. Saving 0.01 Bitcoin (BTC) might cost only $5,000 today but according to the current global wealth distribution and…
“# Top 5 cryptocurrencies to watch this week: BTC, UNI, THETA, VET, LUNA ” Bitcoin’s (BTC) fundamentals received a boost as the U.S. Senate passed the $1.9 trillion stimulus bill on March 7. If traders react to this bill in the same way as they had done to the first stimulus package in April 2020,…
“# Searching deep: The quest for Bitcoin scalability through layer two protocols ” As the largest cryptocurrency by market capitalization, Bitcoin’s (BTC) effectiveness as a medium of exchange is still a matter for debate. Unlike fiat money that is inherently infinite in supply and must be managed by a central bank, Bitcoin is akin to…
“# Bitcoin price hits $51K as U.S. Senate passes $1.9 trillion stimulus ” The price of Bitcoin (BTC) reached over $51,000 on March 7 after the U.S. Senate passed the anticipated $1.9 trillion stimulus bill, which is roughly two times larger than the market capitalization of BTC. United States’ President Joe Biden said that the…
“# Decentralized finance may be the future, but education is still lacking ” Engaging in the traditional financial markets has become less appealing to consumers and institutional investors as of late. New opportunities are plentiful, with decentralized finance getting a lot of attention. However, that new movement is not without its risks and flaws, either….
“# Bitcoin traders worry as BTC price remains pinned below $50K ” The price of Bitcoin (BTC) has failed to break above the psychological $50,000 resistance going into the weekend and has dropped below the $48,000 level on March 6. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Now traders are watching whether BTC/USD can break…