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Guggenheim CIO Says Institutional Demand Not There to Sustain Bitcoin Above $30K

January 28, 2021 Mondest 0

Scott Minerd, chief investment officer of the multi-billion dollar investment firm Guggenheim Partners, believes bitcoin may struggle to stay above $30,000. In an interview with […]

Bitcoin ‘Underperforms’ During Tax Time: Analysis

January 27, 2021 Mondest 0

January ushers in a new tax season. It is also, historically, a time when bitcoin underperforms relative to the other months of the year. Some […]

Market Wrap: Bitcoin Drops to $29.9K While DeFi Hits Record $29B Locked

January 27, 2021 Mondest 0

Spot prices in bitcoin are sliding as investors get distracted by other market opportunities. Those include in the decentralized finance (DeFi) ecosystem, which hit a […]

BIS Chief Blasts Bitcoin’s Viability, Prompting Blowback From Advocates

January 27, 2021 Mondest 0

The chief banker at the bank for central banks, Agustín Carstens, cast doubt on bitcoin’s long-term viability Wednesday, saying it was only a matter of […]

First Mover: Risks Nobody’s Ever Seen, From the Fed to Tether (and GameStop)

January 27, 2021 Mondest 0

Bitcoin (BTC) was lower, though staying in its range over the past six days, between roughly $30,000 and $33,000.  Cryptocurrency traders and analysts planned to […]

Bitcoin Drops Below $30K, Dollar Bounces Ahead of Fed Reserve Rate Announcement

January 27, 2021 Mondest 0

Bitcoin and global equities are trading lower, while the anti-risk U.S. dollar is climbing ahead of a U.S. Federal Reserve meeting later today that may […]

Market Wrap: Bitcoin Slips to $30.8K While Investors Plow BTC Back Into DeFi

January 26, 2021 Mondest 0

Bitcoin has been in a $30,000-$35,000 range for almost a week at a time when some market participants are seeking out ether and other crypto […]

Bubbles Are Good for Bitcoin

January 26, 2021 Mondest 0

Over the last few weeks, the price of bitcoin has hit a record high of more than $41,000, blowing past the 2017 bubble high point […]

Bitcoin Falls as Miners Sell, Institutions Watch Yellen

January 26, 2021 Mondest 0

Bitcoin’s price dropped as much as 10% during early trading hours on Tuesday as bitcoin miners started selling a large amount of the cryptocurrency for […]

Blockchain Bites: Universities Are Gaining Bitcoin Exposure as Institutional ETH Appetite Grows

January 26, 2021 Mondest 0

Three stories Overstock is looking to exit its blockchain-related investments, CoinDesk’s Tanzeel Akhtar reports. The online shopping giant that went in on crypto-hype will now […]

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