Category Archives: Bitcoin

Grayscale sees 900% jump in inflows as Wall Street flocks to bitcoin

Mykola Tys/ | LightRocket | Getty Images Grayscale saw its assets under management skyrocket as Wall Street used it as a proxy to invest in bitcoin. The New York-based investment firm kicked off last year with $2 billion in assets and ended with more than $20.2 billion. That 900% increase was driven by demand from […]

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Dollar holds gains as markets await Biden’s stimulus plan

LONDON (Reuters) – The dollar held above three-year lows versus major peers on Thursday as expectations for President-elect Joe Biden’s fiscal stimulus pushed yields of U.S. government bonds higher. FILE PHOTO: U.S. dollar banknote is seen in this picture illustration taken May 3, 2018. REUTERS/Dado Ruvic/Illustration The 10-year Treasury yield rose after CNN reported the […]

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Bitcoin closes in on $40,000 as bulls flood in again and ECB boss Christine Lagarde labels cryptocurrencies a ‘funny business’ | Currency News | Financial and Business News

The Bitcoin price has soared more than 330% in just a year
REUTERS/Dado Ruvic/Illustration

Bitcoin price rises 9% to cross $38,000 mark, putting $40,000 in sight
ECB boss Christine Lagarde yesterday called for more regulation of the ‘funny business’
Morgan Stanley analysts say Bitcoin focus ‘unsurprising’ given low bond […]

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Bitcoin Association awards Satoshi Nakamoto scholarship to University of Cambridge PhD candidate for second year

ZUG, Switzerland, Jan. 14, 2021 /PRNewswire/ — Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain, today announces that it has awarded the Satoshi Nakamoto scholarship for a second year in 2021 to Robin Kohze, a PhD candidate in genetics at the University of Cambridge. The Satoshi Nakamoto […]

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Bank of England candidate feels heat from bitcoin’s red-hot rally

LONDON, Jan 13 (Reuters) – A candidate for the Bank of England’s supervisory arm for banks defended on Wednesday his senior role on a bitcoin trading platform, saying it took safeguards against money-laundering very seriously. Antony Jenkins told parliament’s Treasury Select Committee that being on the board of Blockchain is a significant responsibility. The former […]

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Bitcoin Won’t Replace Gold, Will Become Less Dominant In Crypto: Peltz International

TipRanks These 2 Penny Stocks Could Surge Over 300%, Say Analysts Risk and reward often travel hand-in-hand, making the stock market both lucrative and dangerous. Among the best exemplars of this axiom are the penny stocks, those equities priced at $5 or less. With that low price comes the potential for extreme gains, as even […]

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Reddit User Finds 127 Old Bitcoins at Grandpa’s House – Pockets Over $4 Million After Selling

A Reddit user says he (or she) recently regained access to the keys of 127 bitcoins eight years after last accessing the coins. Immediately after regaining access, the user sold all the bitcoins and pocketed over $4 million in the process. According to the user, they received the bitcoins as payment for participating in surveys […]

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Bitcoin Extends Weekly Drop as Doubts Swirl Over Crypto Boom

TipRanks These 2 Penny Stocks Could Surge Over 300%, Say Analysts Risk and reward often travel hand-in-hand, making the stock market both lucrative and dangerous. Among the best exemplars of this axiom are the penny stocks, those equities priced at $5 or less. With that low price comes the potential for extreme gains, as even […]

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