Along with a bitcoin bull run comes the allure of alternative cryptocurrencies. But BTC has properties that these alternatives never will. The post Bitcoin Is The Only Investment-Grade Digital Asset appeared first on Bitcoin Magazine.
The supply of bitcoin continues to dry up as Marathon Patent Group Inc., one of the largest Bitcoin mining companies based in North America, announced its purchase of 4,812.66 BTC at an aggregate price of $150 million, per a release. The bitcoin was purchased via New York Digital Investment Group (NYDIG), which helped Marathon take advantage of...
This is a promoted article provided by Invictus Capital As the price of bitcoin and the crypto market as a whole continue to set new records, service providers in the space are also seeing significant growth. Few exemplify this momentum better than blockchain asset management firm, Invictus Capital. As bitcoin and other cryptocurrencies surge, Invictus’ assets under management (AUM) rose to $65.6 million...
Yes, we’re in a bull run but investing in crypto isn’t always easy — it can be damn right stressful. Even if things are going well, you can become obsessed (does checking your bitcoin balance every half an hour sound familiar?) But there are a few ways to take the emotion out of investing. Not least [...] The post Six Investment Strategies to...
Grayscale’s Bitcoin Trust (GBTC) made headlines again yesterday with its record one-day addition of 16,244 bitcoin, adding to its stack of over 630,000 bitcoin and an assets under management (AUM) totaling about $23 billion. Evidently, business is good. So, who are Grayscale’s investors? Is GBTC’s premium an incentive, or a disincentive? And...
Today, digital asset manager CoinShares announced the launch of CoinShares Physical Bitcoin, an exchange-traded product (ETP) with each unit backed by on-chain BTC. The product will carry the ticker symbol “BITC.” “BITC will be the first product released on CoinShares’ new institutional-grade ETP platform and will launch with significant assets under management,” according to a release shared with Bitcoin...
It's easy to see the bitcoin price go up and feel like you’ve missed the boat. However, many individuals and institutions believe that Bitcoin is just now starting to heat up. So what is driving the price of bitcoin so high, and how could it continue to rise beyond these levels? The best place to start is by understanding the backbone of Bitcoin...
According to Bloomberg, bitcoin’s 9 million percent price rise makes it the best performing asset of the last decade. But what if I told you that even in 2021, Bitcoin is still one of the most undervalued assets there is? If you are one of those people who has thought of putting money into bitcoin, but just could not pull...
Bitcoin is obviously scarce. And it seems to be becoming scarcer over time. But, perhaps due to the current bull run, doubts about both of these propositions are seemingly on the rise among bitcoin skeptics. Criticisms come in a few different flavors. The main one that I have seen argues that bitcoin cannot be scarce because it is highly divisible. Recently, that particular...
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In the second half of 2020, institutional investors increasingly started to show an interest in bitcoin. More and more investors have announced that they have allocated part of their cash reserves or a share of their fund toward bitcoin. The most prominent one certainly has been...
A new year means preparing to pay taxes, which affects every single crypto enthusiast. But getting it right and keeping the IRS off your back is no easy task. Crypto taxes can encompass capital gains tax and income tax. The fee differs depending on the user's activity (roughly, capital gains tax applies to trading and investing, whereas income tax is charged for mining...
This week, Anthony Scaramucci’s SkyBridge Capital announced the launch of its investment thesis, presentation and full website for its new Bitcoin Fund LP. Unlike other investment firms, it went a step further in explaining why it is actively choosing bitcoin over gold. SkyBridge Capital’s main fund, with $9.3 billion in assets under management (AUM),...
2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and thought-provoking articles. Click here...
As the overall popularity of cryptocurrencies grows, more and more people decide to invest in Bitcoin – not only the most famous crypto, but also arguably the one that has proven to be the safest investment. Although Bitcoin’s dominance rate has gone down in recent years, the fact that it is the only coin that has a dominance index attached to its name...
There are many options to choose from when approaching the investing world. From the old fashioned Equity markets and Real Estate, all the way to Cryptocurrencies and Private Equities...The options are endless, and each portfolio differs with its proper risk appetite. In this article, on the very last day of 2020, we go back in time to January 2020 and see how did...
As bitcoin the asset eclipses all-time price and market cap highs, and Bitcoin the decentralized network continues to prove its value proposition as an alternative to fundamental issues within the legacy system, waves of investors are feeling the FOMO (or, “fear of missing out”). ...
2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and thought-provoking articles. Click here...
Software intelligence firm MicroStrategy made one of the boldest investment moves of the year when it invested $250 million into bitcoin, buying about 0.1 percent of the total supply in August. Its CEO, Michael Saylor, has doubled down on the move in countless public comments and earlier this month,...
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