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Coinbase Reportedly Planning to Go Public This Year—Paving the Way for the Next Phase of Crypto Adoption

Coinbase Reportedly Planning to Go Public This Year—Paving the Way for the Next Phase of Crypto Adoption

According to sources, Coinbase has started planning for a stock market listing this year, which would make it the first major US cryptocurrency exchange to go public.

Bitcoin Poised for a Breakout, BTC Price Shows First Buy Signal Since COVID Crypto Market Crash

Bitcoin Poised for a Breakout, BTC Price Shows First Buy Signal Since COVID Crypto Market Crash

Bitcoin’s price has been trading around the $10,000 level for weeks—this could all change as Bloomberg's indicators suggest.

May 12: No Hype Needed for BTC

May 12: No Hype Needed for BTC

BTC largely unchanged in the last 24 hours post the halving with hash rate dipping slightly. With the halving behind us now, you've 1,458 days to talk about the next for those suffering from hype withdrawal symptoms. What's more interesting than the halving yesterday was Paul Tudor Jones admitting that he has 1-2% of his assets in bitcoin and that it's a "great speculation".

Federal Reserve FOMC Meeting Inflation Targets Might See Bitcoin Price Retest $10,400 Resistance

Federal Reserve FOMC Meeting Inflation Targets Might See Bitcoin Price Retest $10,400 Resistance

Bitcoin traders await the Federal Reserve’s upcoming policy meeting on Wednesday to hear how the United States central bank will enact its inflation policy.

Abra's CEO Confirms 50% of His Investment Portfolio is Now in Bitcoin

Abra's CEO Confirms 50% of His Investment Portfolio is Now in Bitcoin

Abra's CEO Bill Barhydt has revealed that approximately 50% of his investment portfolio is now in Bitcoin (BTC).

Bitcoin Price Breaks $11K Again, but Can’t Maintain Bullish Momentum

Bitcoin Price Breaks $11K Again, but Can’t Maintain Bullish Momentum

Over the weekend, Bitcoin broke past the $11,000K mark once again but has fallen back to record an approximate price of $10,900 since then.

Fidelity: 60% of Institutional Investors Believe that Digital Assets Have a Place in their Portfolio

Fidelity: 60% of Institutional Investors Believe that Digital Assets Have a Place in their Portfolio

Fidelity Digital Assets surveyed 774 institutional investors across the United States and Europe, and 80 percent of those who were surveyed found something appealing about digital assets. The research was conducted from November 2019 to early March 2020 and is the second consecutive year that Fidelity Digital Assets has conducted this survey for US institutional investors and the first for European investors.

Donald Trump is “Not a Fan” of Bitcoin and Crypto, Citing High Volatility

Donald Trump is “Not a Fan” of Bitcoin and Crypto, Citing High Volatility

“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money.” Donald Trump tweeted on 11 July.

Crypto Bull Anthony Pompliano Reveals That 80% of His Wealth Is Bitcoin

Crypto Bull Anthony Pompliano Reveals That 80% of His Wealth Is Bitcoin

Anthony "Pomp" Pompliano, the co-founder of Morgan Creek Digital and host of the Pomp podcast show, disclosed that 80% of his wealth was allocated to Bitcoin.

Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC

Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC

Bitcoin’s price in 2020 has beaten stocks, gold, and many other assets in year-to-date return on investment (ROI). Even billionaire hedge fund manager Paul Tudor Jones has stated that he has just over 1 percent of his assets in Bitcoin.

Cryptocurrencies’ Fixed Supply Will Hinder Their Functionality as Actual Currencies, says UBS Economist

Cryptocurrencies’ Fixed Supply Will Hinder Their Functionality as Actual Currencies, says UBS Economist

Paul Donovan, chief economist at UBS Global Wealth Management, believes that cryptocurrencies are flawed as their supply cannot be slashed when demand flops.

Billionaires and Bitcoin: Stan Druckenmiller’s Alarming Warning on Stocks While Paul Tudor Jones Remains Bullish on Bitcoin

Billionaires and Bitcoin: Stan Druckenmiller’s Alarming Warning on Stocks While Paul Tudor Jones Remains Bullish on Bitcoin

Billionaire Stanley Druckenmiller said during a webcast held by The Economic Club of New York that the risk-reward calculation for equities is the worst he has ever seen in his career. The billionaire expressed his doubts about the US equities’ possibility of logging a V-shaped recovery. He added that government stimulus programs will not be enough for the economic recovery post-pandemic. Druckenmiller believes that cash liquidity required to pump assets that are considered risky will shrink shortly as the US Treasury will soon end the private economy which could overwhelm the Fed purchases through borrowing consistently.

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