The BlackRock CEO in the interview revealed that the global possession of Bitcoin affects the US dollar in real-time.
However, the survey revealed that PayPal has a challenge with making non-Bitcoin traders grow interests in digital assets.
The rewards credit card users will receive 1.5% back on all purchases made using the card to be launched in Q1 2021.
Bitcoin nailed a new all-time-high at $19 906 today in the wake of setting a new ATH yesterday at $19 856. The most anticipated $20K is yet to be reached, and according to the price action, establishment of a new ATH at levels around $20K is still possible.
Bitcoin reaches an all-time high in three years in a 167% year-to-date increase that has been attributed to illiquid BTC and proposed regulatory changes among others. All this happened despite low publicity.
Pizza Hut, one of the world’s largest fast-food chains, is now accepting cryptocurrency payments. It has recently revealed it will now be accepting Bitcoin and Dash payments in all its outlets in Venezuela.
According to reports, 98% of Raoul Pal’s liquidated net worth would be invested in Bitcoin and Ethereum in the ratio 80:20.
The Bitcoin mining difficulty after reaching its all-time high in October 2020 took drastic steps backward between October 17 and November 2 from 146.5EH/s to 106.6 EH/s.
Despite RippleNet general manager’s belief that Bitcoin maximalism is over, the king coin has been pulling in continuous jump.
In its filing with the US SEC, Guggenheim says that it wants to facilitate a 10% exposure from its $5 billion Macro Opportunities Fund, to Bitcoin. The investment, however, will happen through the Grayscale Bitcoin Trust and could be the biggest institutional investment after MicroStrategy.
Investor Raoul Pal notes that institutional purchases are storing Bitcoin in cold storage creating a supply squeeze. This will propel BTC price to new highs with a wide gap in demand and supply.
The PlusToken Ponzi scheme is reported to have begun back in May 2018 and advertised a non-existent crypto arbitrage trading platform.
Every year, the number of “wholecoiner” Bitcoin wallets holding at least 1 BTC has been increasing gradually. Now, the remaining addresses with less than 1 BTC account for just 5% of Bitcoin’s market cap.
Analysts are hopeful that Bitcoin’s and the overall cryptocurrency market fundamentals are more powerful than ever before. The latest market correction provides fresh opportunities for investors to take long-term positions.
Five weeks ago, OKEx suspended all account withdrawals after one of the key holders was detained by the police to assist in the investigation.