Markets
Markets
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.
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
According to the on-chain market analysis firm Glassnode, Bitcoin reserves on exchanges in August fell to a level unseen since June 2019. This indicates that retail investors are not intending to to sell their bitcoin. When retail investors move to sell their bitcoin holdings, they typically send their funds to
News - Bitcoin - Aug 20, 2020According to the on-chain market analysis firm Glassnode, Bitcoin reserves on exchanges in August fell to a level unseen since June 2019. This indicates that retail investors are not intending to to sell their bitcoin. When retail investors move to sell their bitcoin holdings, they typically send their funds to
News - Bitcoin - Aug 20, 2020According 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 19, 2020Investment 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 18, 2020$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 17, 2020According 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 16, 2020August 8th, 2020, Dublin - Independent media firm the BTC Times today announced the launch of its comprehensive news platform, a brand-new destination for quality reporting on the news and developments surrounding Bitcoin. Readers will be able to explore daily news, interviews, analyses, and opinion pieces by subject matter experts
Press Release - Bitcoin - Aug 07, 2020All across the globe, central bank money printers are spewing out cash at an unprecedented rate, highlighting society’s dire need for so-called “hard assets” like Bitcoin and gold. Fear of imminent inflation resulting from this flurry of fiat printing is driving investor demand for scarce assets through the roof
News - Bitcoin - Aug 07, 2020