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Institutional Demand Can’t Keep Bitcoin Above $30K Says Guggenheim’s Minerd

Institutional Demand Can’t Keep Bitcoin Above $30K Says Guggenheim’s Minerd

Institutional investment in Bitcoin is not enough on its own to justify Bitcoin’s price levels said Guggenheim CIO Scott Minerd who predicts BTC will trend below the $30K level.

Bitcoin Rallies Back to $50,000 on Backing from Ark Investment CEO

Bitcoin Rallies Back to $50,000 on Backing from Ark Investment CEO

Bitcoin (BTC) surged to $50,000 after nosediving to lows of $45,000. Cathie Wood, the CEO of Ark Investment Management, trusts that this correction is healthy for the market.

Bitcoin Network Mining Difficulty Nears ATH as Institutional Investors Dismiss BTC Price Volatility

Bitcoin Network Mining Difficulty Nears ATH as Institutional Investors Dismiss BTC Price Volatility

Bitcoin’s network mining difficulty has risen by 8.9 percent today, and is now only 4.4 percent below its all-time high.

German Legacy Bank Hauck & Aufhäuser to Debut Crypto Investment Fund in 2021

German Legacy Bank Hauck & Aufhäuser to Debut Crypto Investment Fund in 2021

Germany’s legacy bank with over 222 years of financial services tradition Hauck & Aufhauser will be launching a cryptocurrency fund in January 2021.

CryptoQuant CEO: Bitcoin Could Face Correction As Institutional Investment Stalls

CryptoQuant CEO: Bitcoin Could Face Correction As Institutional Investment Stalls

CEO of CryptoQuant Ki Young Ju has warned about a potential correction as on-chain data indicates institutional investment into BTC appears to have stalled.

Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios

Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios

The US. state of Wyoming has enacted new legislation to allow insurance firms to invest in digital assets like cryptocurrencies. The new law intends to come into effect on 1st July.

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