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Bitcoin Soars To New ATH, With the News That Morgan Stanley Set to Bet Big on BTC

Bitcoin Soars To New ATH, With the News That Morgan Stanley Set to Bet Big on BTC

Bitcoin just soared to a new ATH on the news that a Morgan Stanley unit, Counterpoint Global is considering a Bitcoin bet

Mike Novogratz Wins 0.5 BTC on Biden Election Bet, Holds Twitter Lottery

Mike Novogratz Wins 0.5 BTC on Biden Election Bet, Holds Twitter Lottery

Mike Novogratz revealed that he won half a Bitcoin in an election bet he placed on a Biden election win over the weekend. He then held an impromptu Twitter lottery giveway.

Bitcoin Is Working Despite Broad Market Downturn, Says El Salvador FM

Bitcoin Is Working Despite Broad Market Downturn, Says El Salvador FM

Alejandro Zelaya has defended El Salvador’s Bitcoin plan. According to the finance minister, the plan is working amid challenges posed by the market crash.

Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report

Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report

In an annual report by Elwood Asset Management and consulting firm PricewaterhouseCoopers (PwC), the value of assets under management at cryptocurrency hedge funds has soared to $2 billion, doubling the value in 2019. Billionaire hedge fund manager Paul Tudor Jones was reportedly looking to buy Bitcoin to hedge against inflation as central banks across the world are printing money to relieve economies affected by the coronavirus pandemic.

Want Bitcoin's Price to go up? Bet on People, Not Inflation

Want Bitcoin's Price to go up? Bet on People, Not Inflation

We can't predict how the global financial situation will play out, nor how government interventions will affect international financial systems. If all you care about is the price of bitcoin, focus on people, not monetary policy.

Bitcoin is Better than Gold: Billionaire Alters Advice on Holding Less BTC Than Gold

Bitcoin is Better than Gold: Billionaire Alters Advice on Holding Less BTC Than Gold

Wall Street veteran and billionaire Michael Novogratz has made the statement that “Bitcoin is a better long-term bet than gold in his recent appearance on Bloomberg Television.

MicroStrategy CEO says Tesla has De-Risked BTC Acquisition for Public Companies

MicroStrategy CEO says Tesla has De-Risked BTC Acquisition for Public Companies

MicroStrategy CEO Michael Saylor is thrilled that Elon Musk and Tesla finally took the bet on Bitcoin and believes the other public companies will now ramp up BTC purchases.

US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments

US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments

Wealth manager, Sandi Bragar, considers PayPal as the best choice for businesses because of its bet on cryptocurrency.

Betmatch Employs Blockchain to Revolutionize Sports Betting

Betmatch Employs Blockchain to Revolutionize Sports Betting

Betmatch views blockchain as the perfect technology needed in revolutionizing the sports betting sector based on the decentralized ledger network availed. Blockchain will provide every bettor with optimal transparency as he/she can see the entire bet terms.

Mike Novogratz says Bitcoin Volatility Will "Smooth Out" Due to One Major Factor

Mike Novogratz says Bitcoin Volatility Will "Smooth Out" Due to One Major Factor

Bitcoin reached over $19,000 recently, and has set a new high for the year, and Bitcoin bull and Mike Novogratz recently said that “Bitcoin is for everyone.”

A Billion Dollars in Bitcoin Options Expired, Bitcoin may be Vulnerable to Violent Price Moves

A Billion Dollars in Bitcoin Options Expired, Bitcoin may be Vulnerable to Violent Price Moves

A billion dollar worth of Bitcoin options are to expire today, in the meantime, traders debating whether this will result in higher volatility, and the direction of which Bitcoin price is headed. Traders are now deciding whether to take their options or leave the market.

Hedge Funds Were Net Short Bitcoin Futures Coming Into the Crash

Hedge Funds Were Net Short Bitcoin Futures Coming Into the Crash

According to the Block, hedge funds were inordinately short CME bitcoin futures compared to their peers the past week. So much so that net short positions among the hedge funds trading the product were at an all-time high the past two weeks.

What To Expect as $6B Worth of Bitcoin Options Are Set to Expire This Friday

What To Expect as $6B Worth of Bitcoin Options Are Set to Expire This Friday

As the market is getting ready for the expiry of $6 billion worth of Bitcoin options this Friday, expectations abound as to what to expect of the BTC price.

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