Category: bitcoin investment

Grayscale gears up for legal battle with SEC over Bitcoin ETF

March 29, 2022

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“I think all options are on the table,” said the Grayscale CEO, adding that the company has put its “full resources” into converting its flagship Bitcoin trust. 1777 Total views 49 Total shares Grayscale CEO Michael Sonnenshein said the firm is gearing up for a legal fight if Grayscale’s Bitcoin Spot ETF product is denied […]

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Senator Cynthia Lummis backs crypto for US retirement plans

June 30, 2021

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Senator Cynthia Lummis wants to see crypto-assets become a normal part of the diversified asset allocations in U.S. citizens’ retirement plans. 1834 Total views 7 Total shares U.S. Senator and Bitcoin proponent, Cynthia Lummis, would like to see U.S. residents turn to Bitcoin as part of a diversified strategy for their retirement plans. Speaking during […]

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$2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC mined

November 16, 2020

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Bitcoin exchange reserves dropped from 2.5 million to 2.355 million in the past month as around 145,000 BTC, worth $2.35 billion, moved out of exchanges. 7599 Total views 47 Total shares From Oct. 15 to Nov. 15, Bitcoin (BTC) exchange outflows dropped from 2.5 million to 2.355 million, the lowest levels since August 2018. Approximately […]

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Warren Buffett praises stocks Dollar-cost averaging — but does it work for Bitcoin?

November 1, 2020

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Warren Buffett has a message to young investors: dollar-cost average into major stock market indices. However, data shows that the same strategy has worked quite well for Bitcoin (BTC) too over the past decade. The term dollar-cost averaging or DCA refers to a strategy when an investor divides up the total amount to be invested […]

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Trump or Biden? Bitcoin wins regardless of US election — Barry Silbert

October 29, 2020

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Whether it is a Democratic sweep led by Joe Biden or a Donald Trump reelection, Bitcoin (BTC) would likely thrive. Industry executives, including DCG and Grayscale CEO Barry Silbert, say both a Trump or a Biden win would buoy BTC. The optimistic stance of industry execs despite the glaring election risk comes after Grayscale’s Bitcoin […]

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