Bitcoin's recent rally to a new all-time high above $23,000 has drawn attention to the asset, as analysts and institutional investors increasingly liken Bitcoin to gold.
The latter doesn't need to fear for its safe haven status, however, according to Goldman Sachs Group.
As reported
Scott Minerd, Chief Investment Officer of asset management and investment advisory firm Guggenheim Investments, believes Bitcoin is severely undervalued.
In a video published by Bloomberg TV on Wednesday, Minerd shared that the firm had "started allocating toward Bitcoin when Bitcoin was at $10,000," adding that he was
In late November, Coinbase chief executive Brian Armstrong warned that the U.S. Treasury was looking to crack down on "self-hosted" cryptocurrency wallets.
Armstrong suggested that from what he has heard, the Treasury was going to mandate exchanges to take the information of users looking to withdraw capital
In late November, Coinbase chief executive Brian Armstrong warned that the U.S. Treasury was looking to crack down on "self-hosted" cryptocurrency wallets.
Armstrong suggested that from what he has heard, the Treasury was going to mandate exchanges to take the information of users looking to withdraw capital
Bitcoin's recent rally to a new all-time high above $23,000 has drawn attention to the asset, as analysts and institutional investors increasingly liken Bitcoin to gold.
The latter doesn't need to fear for its safe haven status, however, according to Goldman Sachs Group.
As reported
Scott Minerd, Chief Investment Officer of asset management and investment advisory firm Guggenheim Investments, believes Bitcoin is severely undervalued.
In a video published by Bloomberg TV on Wednesday, Minerd shared that the firm had "started allocating toward Bitcoin when Bitcoin was at $10,000," adding that he was
Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
On Tuesday, Ruffer Investment Company revealed in an investor letter that it has allocated "around 2.5%" of its fund's portfolio to Bitcoin:
One recent addition, via one of the specialist managers appointed within the Ruffer Multi-Strategies Fund, has been bitcoin. This is primarily a defensive
In May this year, Bitcoin Core contributors Gleb Naumenko and Antoine Riard proposed the use of Fidelity Bonds for LN Routing to prevent channel jamming, a type of denial-of-service (DOS) attack that can occur on the Lightning Network.
Channel jamming, first described in 2015 by Rusty Russell, usually describes a
On Monday, American business services company MicroStrategy announced its intent to raise $400 million in a private offering of convertible senior notes, the proceeds of which it would potentially use to buy bitcoin. While many scoffed at the deal that earned the company a stock downgrade from Citibank, a few
As first noted by Grayscale Director Phil Bonello, MassMutual recently purchased $100 million worth of bitcoin. Assuming it bought the cryptocurrency at its current price of $18,150, that would mean the insurance company purchased 5,510 BTC.
MassMutual, also known as the Massachusetts Mutual Life Insurance Company, is a
