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$115 Million in Bitcoin Was Acquired by an Asset Manager as its Primary Treasury Reserve Asset

$115 Million in Bitcoin Was Acquired by an Asset Manager as its Primary Treasury Reserve Asset

Stone Ridge Asset Management, home to $13 billion in assets under management (AUM) has recently purchased $115 million in Bitcoin.

Bitcoin is Making its Way to $12K and Beyond as BTC Supply Expects Massive Shortage

Bitcoin is Making its Way to $12K and Beyond as BTC Supply Expects Massive Shortage

In recent months, MicroStrategy, Square, Stone Ridge Asset Management have all invested in Bitcoin. Will Bitcoin see a massive supply shortage?

NYDIG Launches Wolf an Accelerator for the Lightning Network

NYDIG Launches Wolf an Accelerator for the Lightning Network

NYDIG's parent company, Stone Ridge has launched a new accelerator designed for the Lightning Network

Stone Ridge Shutting down Bitcoin Futures Fund, Returning Money to Investors

Stone Ridge Shutting down Bitcoin Futures Fund, Returning Money to Investors

Stone Ridge’s Bitcoin Futures Fund suffers losses triggered by market downturn and competition.

One-third of Staff Laid Off in Digital Investment Group NYDIG: WSJ

One-third of Staff Laid Off in Digital Investment Group NYDIG: WSJ

Wall Street Journal citing sources revealed that the New York-based digital investment group NYDIG laid off nearly a third of its workforce, about 110 people in total.

US Government Considers Blockchain as a Stepping Stone to Smarter Food Security

US Government Considers Blockchain as a Stepping Stone to Smarter Food Security

The US government, through its federal agency the Food and Drug Administration (FDA) mandated with protecting the country’s food supply and public health, has earmarked blockchain as one of the technological innovations that will prompt traceability and a food safety culture.

Why Bitcoin’s Bull Run Is More Sustainable This Time Around, BTC Clears $50K and Eyes $60,000

Why Bitcoin’s Bull Run Is More Sustainable This Time Around, BTC Clears $50K and Eyes $60,000

Bitcoin has surged to new highs and has cleared the psychological barrier of $50,000 successfully.

Bitcoin Price Surpasses $13K Shortly After PayPal’s Major Crypto Announcement

Bitcoin Price Surpasses $13K Shortly After PayPal’s Major Crypto Announcement

Bitcoin managed to hit a new high in 2020, and passed the $13,000 level for the first time since July 2019.

Bitcoin Withdrawals from Exchanges Surge to a 17-Month High

Bitcoin Withdrawals from Exchanges Surge to a 17-Month High

New data from Glassnode reveals that Bitcoin (BTC) withdrawals from crypto exchanges have hit a 17-month high of 2,288.125.

Bitcoin Price Fundamentals Show Bullish Divergence, Ethereum to Follow Closely

Bitcoin Price Fundamentals Show Bullish Divergence, Ethereum to Follow Closely

Bitcoin’s hashrate also reached a new all-time high this week, with the average hashrate surpassing 140EH/S.

Bitcoin Price Breaks $12K Resistance and Aims for $14K as BTC Rallies Higher in the Expense of Altcoins

Bitcoin Price Breaks $12K Resistance and Aims for $14K as BTC Rallies Higher in the Expense of Altcoins

Bitcoin bulls are now back after weeks of consolidation as Bitcoin’s price recently surpassed the $12,000 resistance level, what level will BTC target next?

Bitcoin Still has One Key Barrier to Institutional Adoption Even After MicroStrategy's Move, says Raoul Pal

Bitcoin Still has One Key Barrier to Institutional Adoption Even After MicroStrategy's Move, says Raoul Pal

2020 has been a year of institutional adoption for Bitcoin, as many entities have rushed near the second half of the year to invest in Bitcoin.

Why Bitcoin’s Price Is Rising Despite Selling Pressure from Crypto Whales

Why Bitcoin’s Price Is Rising Despite Selling Pressure from Crypto Whales

Bitcoin whales have been depositing their digital asset funds into exchanges recently, potentially signifying an intent to sell, according to CryptoQuant.

JPMorgan: Bitcoin Price to See Long-Term Upside Trend due to One Important Component

JPMorgan: Bitcoin Price to See Long-Term Upside Trend due to One Important Component

JPMorgan has made several comments on the world’s largest cryptocurrency in the past year, and its stance on Bitcoin (BTC) has since changed.

Oct 16 Trading Analysis: President Xi's Yawnfest...

Oct 16 Trading Analysis: President Xi's Yawnfest...

In October last year, President Xi made a speech on blockchain that pumped Bitcoin over 40%. There was also some additional evidence for some "blockbuster headline" today with Shenzhen offering $10mil RMB worth of digital currencies to its people reported earlier in the week. Hence, the unusual expectations for Xi to announce something related to blockchain or BTC today. Unfortunately, he did not pump our bags. Instead, he was trying to hype Shenzhen as a serious contender to HK. Boring.

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