INVESTMENT
US Institutional Bitcoin Demand Has Dried Up, says On-Chain Analyst
On-chain analyst William Clemente III noted that Bitcoin demand by US institutional investors had slowed down.
Ruffer Cashes Out Over $1 Billion Profits from Bitcoin Investment to Conservative Assets
Ruffer, a UK-headquartered asset management company, stated that the company started investing in bitcoin in November last year, and now it has similarly quickly made a profit of $1.1 billion from this encrypted digital currency.
Short-Term Bitcoin Holders Have Been Selling at a Net Loss Since May 13
Ever since Bitcoin (BTC) dropped from the record-high price of $64,800 set in mid-April, short-term holders have found themselves on the receiving end based on a sharp correction.
Purpose Ether ETF Inflowed Surge Past 50,000 ETH
The world’s first Ether Exchange Traded Fund (ETF) by Purpose Investments surpassed 50,000 ETH recently.
South Korea will Impose a 20% Tax on Capital Gains from Cryptocurrencies Next Year
The South Korean administration is not relenting on its quest to levy a 20% income tax on capital gains from crypto transactions in 2022 despite growing investor concerns for the taxation plan to be delayed.
Bitcoin Inflows Into Exchanges Hits a 5-Month Low
Bitcoin inflows into crypto exchanges dropped to a 5-month low.
Carl Icahn: Possibly Get Into Cryptocurrencies up to $1.5B in a ‘Big Way’
Billionaire Carl Icahn, an American business tycoon who was sceptical of Bitcoin-led cryptocurrency before revealed in an interview with Bloomberg that it may get Into the cryptocurrency market up to $1.5B in a big way.
IT Firm Globant Purchases Bitcoin for $500K as the Latest Institutional Investor in BTC market
Globant becomes the latest major company to invest a total of $500,000 in Bitcoin in the first quarter of 2021.
One in Four South Korean College Students Has Invested in Cryptocurrencies
A study shows 23.6% of South Korean college students are investing in cryptocurrencies.
Billionaire Investor Ray Dalio:"I Rather Have Bitcoin Than Bonds"
Ray Dalio reveals that he owns Bitcoin, stating that he prefers the crypto to bonds. He said that the crypto’s biggest risk is its success. He warned that if it becomes more successful (larger asset class), it poses a real threat to others like cash and bonds, and this could prompt governments to ban the digital asset.
Ethereum Whale Transactions Ballooned to Levels Since January 2018
On-chain metrics provider Santiment acknowledged that ETH whale transactions went through the roof in the past week.
Bill Miller: Bitcoin- Still A Safe Investment Despite Market Crash
Despite Bitcoin investing receiving more attention about its volatility, renowned US fund manager and investor, Bill Miller, believes that there is still a good reason to own the crypto.
Long-Term Bitcoin Holders are Accumulating Coins After Trimming Their Positions in the Early Bull Run
Long-term Bitcoin holders see the present steep plunge as the perfect opportunity to accumulate more coins.
Bitcoin Is Still the Cryptocurrency to Own Despite Current Struggles, says SkyBridge Capital Founder
SkyBridge Capital founder Anthony Scaramucci believes that Bitcoin is still the cryptocurrency to watch because it has attained “escape velocity."
MicroStrategy Acquires an Additional 271 Bitcoins for $15 Million
MicroStrategy’s CEO Michael Saylor has revealed that the firm has scooped up an additional 271 Bitcoins for $15 million.
