World’s Largest Pension Fund Eyes Bitcoin For Portfolio Diversification
The Government Pension Investment Fund (GPIF) of Japan, recognized as the world’s largest pension fund, is reportedly exploring Bitcoin (CRYPTO: BTC) as a potential asset for diversification. This development comes amid a significant rally in the cryptocurrency’s value. What Happened:…
Bitcoin Plunges Below $63,000, Triggers Market-Wide Crypto Selloff
Bitcoin (CRYPTO: BTC) prices took a tumble on Tuesday morning, dipping below $63,000 and dragging the entire cryptocurrency market down with it. This sudden drop resulted in an 8% decline in total market capitalization within a 24-hour period. Analysts are…
Exec claims Bitcoin to $125K is coming, IF BTC goes through these phases first
Bitcoin’s depreciation on the charts wasn’t unexpected to some The upcoming FOMC meeting could have an impact on how the crypto reacts until the halving Bitcoin’s [BTC] losses hit +$10k after dropping from its most recent all-time high of $73.7k to…
What’s Going On With Coinbase Stock As Bitcoin Retreats From All-Time Highs?
Coinbase Global, Inc. (NASDAQ:COIN) shares are trading lower Tuesday amid a pullback in the price of Bitcoin. The Details: Coinbase has benefited from the recent crypto rally, and the stock is up more than 25% year-to-date. Bitcoin has pulled back…
MicroStrategy Buys More Bitcoin: What’s Going On With The Stock?
MicroStrategy Incorporated (NASDAQ:MSTR) shares are trading lower Tuesday amid a pullback in the price of Bitcoin. The company announced the completion of its previously announced offering and the purchase of additional bitcoins. What To Know: MicroStrategy announced it has completed…
Genesis agrees to $21M SEC settlement over Gemini Earn
Genesis settles $21M SEC penalty, permanent injunction for Gemini Earn violations. SEC Chair Gensler emphasizes crypto compliance with securities laws. Genesis authorized to sell $1.6B GBTC assets. Genesis Global Capital has agreed to pay a $21 million penalty and accept…
Bitcoin’s 6.1% Daily Decline May Just Be The Beginning, Warns 10x Research
Bitcoin (CRYPTO: BTC) is down 6.1% on the day, trading at $62,620, and according to a recent report by 10x Research, the crypto king’s sell-off may not be over yet. What Happened: According to 10x Research, Bitcoin’s price action this…
Bernstein Analysts See Bitcoin ‘Dip Buying Opportunity’ Ahead of the Halving
Bitcoin’s (CRYPTO: BTC) recent $10,000 retreat from all-time highs of more than $73,000 to around $63,000 represents a temporary “dip buying opportunity” ahead of the halving event in April, according to analysts at research and brokerage firm Bernstein. “We believe…
Bitcoin To $1M? ‘Insane Macro’ Will Make It Happen, Says Arthur Hayes: ‘It’s Time To Even Add More’
Arthur Hayes, co-founder of BitMEX and Chief Investment Officer at Maelstrom Fund, discussed the current macroeconomic environment and its impact on Bitcoin’s (CRYPTO: BTC) integration into the legacy financial system, forecasting its potential rise to a $1 million valuation. What…
This Bitcoin ratio is close to its 2021 ATH and why it matters?
The BTC/Gold correlation remained weak at press time. Bitcoin surpassed Gold in investors’ portfolio allocation when adjusted for volatility. Bitcoin’s [BTC] proponents have long pitched it as a global store of value, assuring investors guaranteed returns over some time, irrespective of…