Institutional investors bought the dip as China FUD broke
While institutional Bitcoin products have experienced outflows for 13 of the past 17 weeks, the sector has now seen three straight weeks of inflows.
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Northern Data AG Acquires Bitcoin Miner Bitfield — 33,000 Miners Gained in Stock-for-Stock Deal
On Monday, the high-performance computing (HPC) infrastructure provider and bitcoin mining firm Northern Data AG announced the acquisition of the bitcoin mining operation Bitfield N.V. in a stock-for-stock deal. Northern…
Former US Treasurer Says BTC and ETH Are Speculative, Backs XRP Instead
Rosie Rios – 43rd Treasurer of the United States – recently voiced her support for XRP. Meanwhile, she implies that Bitcoin and Ethereum are merely speculative assets by comparison. Rios…
Morgan Stanley doubles exposure to Bitcoin through Grayscale shares
The investment firm has increased its shares of GBTC by more than 105% since April.
Bearish Bitcoin fractal with 78% success rate flashes as BTC drops below $43.5K
The flagship cryptocurrency closed the previous week below its 21-week exponential moving average for the 19th time in history, triggering additional selloff risks.
JPMorgan CEO says Bitcoin price could rise 10X, but still won’t buy it
Banking mogul Jamie Dimon has been a notorious detractor of Bitcoin since 2017, in contrast to his firm's overt desire to capitalize from the ecosystem's growth.
Bitcoin breaking new highs in Q4 will ‘temporarily turn alts to dust’ — analyst
Things will get exciting in Q4, but not before a convincing floor is put in across crypto, analysts say this week.
Bitcoin Can Become The 21st Century Digital Gold, Says Deutsche Bank’s Macro Strategist
Marion Laboure – Macro Strategist at Deutsche Bank – believes bitcoin has the potential to become the “digital gold” of this century. However, she expects the cryptocurrency’s price to be…
Chipper Cash Extends Peer-to-Peer Money Transfer Service to South Africa
Chipper Cash, an African fintech start-up, has extended its peer-to-peer instant money service to South Africa. In addition to being able to use the remittance service, South African users will…
China fear is now infrastructure bill fear — 5 things to watch in Bitcoin this week
From bans to bills, the FUD is strong for Bitcoin and crypto this week, but traders are overwhelmingly optimistic about BTC price action.
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