Bitcoin price shows northward momentum owing to rising confidence among institutions. The institutional developments and money inflow in Bitcoin have triggered investor optimism in the market.
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) weekly price movements. Dec, 2020.
The senior convertible notes offerings from MicroStrategy come off as a short to medium-term investment offering as the maturity of the notes is slated for December 15, 2025, with the first payout billed for June 15, 2021.
Previously, the Russian government intended to outlaw any miners located in the Russian territory but it still remains an unresolved topic whether or not mining could be illegal.
The twins believe that this current rally is sustainable, unlike the previous one which saw the price experience series of falls.
An investment analyst at OKEx exchange Robbie Liu holds the explanation that the current loss of investors’ interest in the asset is linked to the psychological battle between retail investors and whales.
Apparently, through several on-chain market indicators analyzed by Glassnode, Bitcoin market price is poised to rally more than ten times in the future, if things develop like 2017 and data holds true.
Insurance giant MassMutual notes that the latest Bitcoin purchase comes as part of the company’s plan to deliver long-term value to policy owners. NYDIG will facilitate the complete Bitcoin custody for MassMutual.
The massive attention that cryptocurrencies and blockchain technology have received in past months called the attention of DBS Bank.
The purchase of the first “Bitcoin Lamborghini” has been claimed by a number of Bitcoin investors but the search for the first legitimate buyer leads to an unsuspected conclusion.
On Thursday, December 10th, BTC is correcting, trading at 18,478 USD. This is a pause to put your nerves “in order” – you will definitely need them later.
BitPay has submitted the complete paperwork work to the US OCC to establish a federally-regulated bank in Georgia.
According to MicroStrategy, they expect the net proceeds from the sale to total $537.2 million. If the initial purchasers fully exercise their option to buy additional notes, this amount may be even higher, $634.9 million.
The penetration of Bitcoin in mainstream finance and the rising demand from institutions pushed Fidelity to come with offers of Bitcoin-backed cash loans. BlockFi will handle all the loan disbursement process while Fidelity Digital Assets will hold BTC as collateral in its custody.
The next wave of mainstream users is coming, and the simplicity, integration, and convenience of one-stop-crypto-shops like CoinZoom are likely to be the most appealing platforms for new entrants, with everything they need under the same roof.