In a surprising shift, Bitcoin (BTC) investment products saw $13 million of outflows over the past week, while investment products offering investors exposure to Ethereum ($ETH) and $XRP have both seen significant inflows. According to CoinShares’ Digital Asset Fund Flows report, cryptocurrency investment products saw a net...
Tether CTO Paolo Ardoino recently shared his bullish outlook on Bitcoin during an interview with CNBC’s Arjun Kharpal. As the cryptocurrency currently trades below $30,000, Ardoino believes it could “easily retest” its all-time high of slightly above $69,000, which was reached on November 10, 2021. To...
Last Friday (16 December 2022), Raoul Pal, a former Goldman Sachs executive, explained why he is “expecting 2023 to be a decently good year and 2024 to be an extremely good year.” Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed...
A popular cryptocurrency analyst has predicted a “massive bull run” is set to be seen in the near future after the flagship cryptocurrency Bitcoin ($BTC) formed a bottom pattern that was last seen back in 2015. According to pseudonymous cryptocurrency analyst Trader Tardigrade, Bitcoin is currently in...
On Tuesday (22 November 2022), Michael Saylor, Co-Founder and Executive Chairman at business intelligence software company MicroStrategy Inc. (Nasdaq: MSTR), made comments that suggested he believes Bitcoin should be judged on its own and not considered as a synonym for crypto. It is worth remembering that...
On Monday (21 November 2022), Charles Edwards, Co-Founder of digital asset management firm Capriole Investments, took a closer look at the Bitcoin mining industry in the wake of a very painful crypto bear market that started one year ago. Edwards took to Twitter earlier today to say: “It’s a...
On Thursday (17 November 2022), one of Silicon Valley’s top tech venture capital investors explained why he believes that Bitcoin’s price will reach $250,000. Here is Draper’s bio (from Draper University’s website): “He is a supporter and global thought leader for entrepreneurs everywhere, and is a leading spokesperson for Bitcoin,...
On Thursday (17 November 2022), Nayib Bukele, the president of central American nation El Salvador, announced his country’s new Bitcoin acquisition strategy. As you may know, on 5 June 2021, Zap Solutions (a Bitcoin payments startup that uses the Lightning Network) Founder and CEO Jack Mallers announced...
A popular cryptocurrency analyst has suggested that the pace of the flagship cryptocurrency Bitcoin ($BTC) could soon hit the bottom of the ongoing bear market after the collapse of the popular cryptocurrency trading platform FTX. In a series of tweets shared with their over 300,000 followers on...
Pick n Pay, which is one of South Africa’s largest supermarket chains, has reportedly started letting their customers pay for groceries via any Bitcoin Lightning-enabled wallet, such as Zap or BlueWallet. According to the company’s press release, this move “follows the successful completion of the first phase...
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