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Tag: Bitcoin

James Butterfill

James Butterfill: Investors are flocking to the relative safety of bitcoin

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Inflows into Bitcoin (BTC) funds continued for the second week in a row, outpacing the performance of other digital asset funds. More than $506 million has been invested in bitcoin-focused mutual funds since the beginning of the year, according to the latest data from digital asset fund provider CoinShares. New money invested in bitcoin funds countered the losses of non-bitcoin or alternative cryptocurrency funds by around $100 million...

Altcoins, Bitcoin, Cryptocurrencies, Ethereum

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christine lagarde

Christine Lagarde thinks crypto assets are worthless but her son invests in crypto

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Christine Lagarde, president of the European Central Bank (ECB), has stated that crypto-assets should be regulated and are worthless but has admitted that her son is a crypto-investor. Speaking at an event, Lagarde said: “I am not a big fan of Bitcoin and other cryptocurrencies. I believe in the potential of blockchain technology and its ability to support financial inclusion and expand access to financial services for many people...

Bitcoin, Crypto adoption, Cryptocurrencies, Front page, Main, News

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crypto bear markets

How Crypto Bear Markets Function

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If you’re new to the world of cryptocurrency, bear markets can be a scary thing. Bear markets are traditionally thought of as a time when an asset trades below its prior high by 20% or more, usually accompanied by a lot of pessimism about the near-term future. People often think of bear markets as being an indication that the asset is doomed to fail, but this isn’t always the case. In fact, it’s possible for assets to...

Bitcoin, Cryptocurrencies, Featured, Guides

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markets bleeding

Extra Markets bleeding: Bitcoin plunged as investors cut their exposure to cryptocurrencies

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Bitcoin fell 8.6 percent on Thursday to under $36,000. The cryptocurrency is down more than 30 percent over the past two weeks and has fallen roughly from its recent highs. [ccpw id=”11234″] For comparison, Facebook’s market cap was $753 billion on Thursday afternoon, while Apple Inc.’s was $702 billion—both significantly higher than Bitcoin’s current worth. The widespread unwinding of risk assets has hit the...

Bitcoin, Cryptocurrencies, Front page, News

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microstrategy

If Bitcoin Falls Below $21,000, Microstrategy Will Be Forced To Sell Some Of Their Bitcoin

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The company’s CEO said that if the bitcoin price drops below $21,000, they would have to sell some of their holdings because they cannot afford to buy back the shares using only cash. MicroStrategy (NASDAQ: MSTR) has been around for three decades. Over that time, the company has developed and deployed a series of business intelligence software solutions to help its customers gain insight into their businesses. The company’s...

Bitcoin, Cryptocurrencies, ETF, Front page

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