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Grayscale Hits Record $6 Billion Assets Under Management as Institutional Demand For Bitcoin Surges
Grayscale Hits Record $6 Billion Assets Under Management as Institutional Demand For Bitcoin Surges
News  •  Bitcoin  •  Aug 17, 2020 by Joseph Young

Investment firm Grayscale’s assets under management surpassed $6 billion USD for the first time, the firm’s CEO Barry Silbert shared, showing a continuous increase in institutional demand for Bitcoin. Grayscale operates various regulated publicly-traded investment vehicles that tailor to accredited and institutional investors.  The firm’s most widely-used

Goldman Sachs Predicts a 20% Stocks Upsurge—How Will This Affect Bitcoin?
Goldman Sachs Predicts a 20% Stocks Upsurge—How Will This Affect Bitcoin?
News  •  Bitcoin  •  Aug 16, 2020 by Joseph Young

$71 billion USD banking giant Goldman Sachs anticipates the S&P 500 to surge 20% by the year’s end. Since April, Bitcoin and the S&P 500 have been seeing some correlation, and favorable market conditions could benefit Bitcoin’s long-term trajectory. David Kostin, the chief U.

Hedge Funds Are Shorting the U.S. Dollar For the First Time in Two Years
Hedge Funds Are Shorting the U.S. Dollar For the First Time in Two Years

According to data from the Commodity Futures Trading Commission (CFTC), hedge funds are net short the U.S. dollar for the first time in two years. The decline in demand for the dollar could benefit Bitcoin in the long term as it is increasingly perceived as a store of value.

News  •  Bitcoin  •  Aug 18, 2020
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Hedge Funds Are Shorting the U.S. Dollar For the First Time in Two Years
Hedge Funds Are Shorting the U.S. Dollar For the First Time in Two Years

According to data from the Commodity Futures Trading Commission (CFTC), hedge funds are net short the U.S. dollar for the first time in two years. The decline in demand for the dollar could benefit Bitcoin in the long term as it is increasingly perceived as a store of value.

News  •  Bitcoin  •  Aug 18, 2020
Grayscale Hits Record $6 Billion Assets Under Management as Institutional Demand For Bitcoin Surges
Grayscale Hits Record $6 Billion Assets Under Management as Institutional Demand For Bitcoin Surges

Investment firm Grayscale’s assets under management surpassed $6 billion USD for the first time, the firm’s CEO Barry Silbert shared, showing a continuous increase in institutional demand for Bitcoin. Grayscale operates various regulated publicly-traded investment vehicles that tailor to accredited and institutional investors.  The firm’s most widely-used

News  •  Bitcoin  •  Aug 17, 2020
Goldman Sachs Predicts a 20% Stocks Upsurge—How Will This Affect Bitcoin?
Goldman Sachs Predicts a 20% Stocks Upsurge—How Will This Affect Bitcoin?

$71 billion USD banking giant Goldman Sachs anticipates the S&P 500 to surge 20% by the year’s end. Since April, Bitcoin and the S&P 500 have been seeing some correlation, and favorable market conditions could benefit Bitcoin’s long-term trajectory. David Kostin, the chief U.

News  •  Bitcoin  •  Aug 16, 2020
The Road to Bitcoin Hegemony
The Road to Bitcoin Hegemony

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

Opinion  •  Bitcoin  •  Aug 16, 2020
On-Chain Data: Bitcoin UTXOs Show Characteristics of a Bull Run
On-Chain Data: Bitcoin UTXOs Show Characteristics of a Bull Run

According to on-chain data from the market analysis firm Glassnode, a key metric points toward the start of a bull market.  Researchers at Glassnode say 95% of Bitcoin’s unspent transaction outputs (UTXOs) are currently in profit, which is a characteristic seen in past bull runs. 95% of Bitcoin UTXOs

News  •  Bitcoin  •  Aug 15, 2020
Why a Newly Launched Bitcoin Dominance Index Cuts Out ICOs and "Shitcoins"
Why a Newly Launched Bitcoin Dominance Index Cuts Out ICOs and "Shitcoins"

A new tool calculates Bitcoin's market share among other Proof-of-Work coins, excluding coins issued by a centralized entity. Jordan Tuwiner, the founder of Buy Bitcoin Worldwide, launched Bitcoin Dominance last month to focus on providing a more accurate estimation of Bitcoin’s leadership over other cryptocurrencies. His effort

News  •  Bitcoin  •  Aug 15, 2020
Research: Users Could Have Saved 58,000 Bitcoin via Batching and SegWit Adoption
Research: Users Could Have Saved 58,000 Bitcoin via Batching and SegWit Adoption

As Bitcoin garners adoption as both a means of payment and a store of value, users are growing increasingly keen on reducing the fees they have to pay to get their transactions confirmed.  Segregated Witness (SegWit) and transaction batching, two technologies that help reduce Bitcoin transaction fees, are starting to

News  •  Bitcoin  •  Aug 14, 2020
Fortnite Creator Epic Games Says Apple “Eliminates" Alternative Payment Options Like Bitcoin
Fortnite Creator Epic Games Says Apple “Eliminates" Alternative Payment Options Like Bitcoin

Epic Games, the creator of blockbuster shooter-survival game Fortnite, sued Apple after it removed the game from the Apple App Store. In a statement to The Verge, Apple said Epic Games violated the App Store guidelines by enabling an unapproved feature. The feature in question seems to be the new

News  •  Bitcoin  •  Aug 13, 2020
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