Meitu announced a $40 million investment in Bitcoin and Ethereum, making the Chinese company the first to disclose an Ethereum investment for its treasury. Chinese App Meitu Invests In Crypto The board of the company had previously planned to invest up to $100 million in cryptocurrencies. The company's cash reserve will...
Bitcoin could be the world's first choice currency for international trade, according to Citi analysts. Bitcoin as a "Global Trade Facilitator" Bitcoin is "at the tipping point of mainstream acceptance or a speculative implosion," according to a Citi report. ...
Bitcoin hit $50,000 this week, nine weeks after crossing $20,000 for the first time. Institutional Adoption Picks Up Pace A wave of mainstream interest in Bitcoin has helped fuel its biggest run to date. According to JP Morgan analysts, speculative "retail impulse" could be the main driving force behind the run. That, they...
The manager of $1.4 billion first bought bitcoin trust shares in 2017.
SkyBridge's bitcoin investment has already climbed to more than $300 million, mostly due to price appreciation in the past couple of months.
Four crypto industry experts share their biggest insights from 2020 and what they mean for 2021.
The hedge fund manager has 1% to 2% of his multi billion-dollar portfolio in bitcoin.
Bitcoin experienced a $3,000 price crash as it was inching close to its 2017 price high, the price fell from $19,800 to below %16,500. Currently, bitcoin is consolidating around $17,000 and is expected to bounce back and go past its all time high. However, despite the price crash, the bitcoin community is quite bullish as The post Editorial: Why the 2020 Bitcoin Bull...
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