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“# Bitcoin’s limited supply doesn’t really matter to one markets commentator ” Bitcoin (BTC) has won over a number of mainstream financial gurus in 2020 against the backdrop of a difficult year for the United States economy. Some markets experts, such as Dennis Gartman, however, still remain skeptical of the digital asset. Gold and Bitcoin…
“# CB Insights’ Blockchain 50 lists US, UK and Switzerland as adoption hotbeds ” Research firm CB Insights and Blockdata, the data company acquired by CB Insights in September of this year, have unveiled their first-ever annual “Blockchain 50” list, which consists of 50 private companies applying or analyzing blockchain technology to solve business- or…
“# Bitcoin is a ‘convex bet’ says CEO of institution with $600m BTC exposure ” 2020 has been a big year for mainstream Bitcoin (BTC) adoption. One of the most recent entrants to the space is One River Digital Asset Management, a hedge fund headed up by CEO Eric Peters. The firm expects to own approximately…
“# Bitcoin’s reputation still a deterrent for institutions, Draper fund analyst says ” Although a number of big players have picked up bags of Bitcoin (BTC) in 2020, multiple aspects still avert institutions from investing on a wide scale, according to Robert Li, an analyst for Draper Dragon, a Draper Venture Network fund. “I think…
“# ‘Shameless’ season premiere name drops Bitcoin and other crypto ” A number of TV shows have mentioned Bitcoin (BTC) or other cryptocurrencies over the years, including Big Bang Theory in 2017 and The Simpsons in 2020. One of the latest crypto mentions occurred during the premiere of the 11th season of Shameless, in an…
“# Oldest Bitcoin mining pool ‘immortalizes’ bullish Reuters headline ” Slush Pool, the world’s oldest mining pool, put a Reuters’ headline about Bitcoin’s 2020 bull run in a block on Dec. 2. “Dollar plummets on U.S. stimulus hopes; Bitcoin hits all-time peak” is now part of Bitcoin block number 659678. Announcing the news on Twitter, Slush Pool said that…
“# Bitcoin hits the front page of The Wall Street Journal ” After rallying 80% in two months, Bitcoin is recapturing media interest from the top end of town, with The Wall Street Journal discussing the cryptocurrency’s adoption among institutional investors on the front page of its Nov. 23 issue. The report notes that Bitcoin…
“# Global search volume for Bitcoin appears higher than in 2017 ” According to data collected by Brad Michelson, a senior marketing manager at major trading and investment platform eToro, monthly global volume for Bitcoin searches in December 2017 bull run was lower than in November 2020. Citing data from SEO data provider SEMrush, Michelson…
“# Why Bitcoin’s market cap just hit a new record high before the price did ” The latest leg of Bitcoin’s (BTC) recent rally saw its market cap push above $330 billion for the first time ever as prices rallied above $17,750 late Nov. 17. According to CoinGecko, Bitcoin’s previous record capitalization of $329.3 billion…
“# Another mainstream company is seeking approval to invest in crypto ” Investment firm SkyBridge, founded by former Goldman Sachs’ vice-president Anthony Scaramucci, is one of the latest companies looking to invest in cryptocurrency. The company is putting together a hedge fund that includes Bitcoin investment, according to a United States Securities and Exchange Commission,…