Category: Bitcoin

Crypto cross-border payments, explained

Crypto cross-border payments, explained

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Corporate Bitcoin frenzy: Companies now hold $15.3 billion in BTC

Corporate Bitcoin frenzy: Companies now hold $15.3 billion in BTC

As of Nov. 20, companies hold around 842,229 BTC or 4.54% of today’s Bitcoin (BTC) supply, according to the Clark Moody dashboard and data from Bitcointreasuries. This is equivalent to a staggering $15.3 billion at the current price of $18,200. Public companies and institutional investors are continuously accumulating Bitcoin. The spark that began with MicroStrategy’s ambitious […]

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Morgan Creek CEO Says Bitcoin Doing ‘Extremely Well’ Due to Fed Reserve’s Dollar Devaluation

Morgan Creek CEO Says Bitcoin Doing ‘Extremely Well’ Due to Fed Reserve’s Dollar Devaluation

Nov 20, 2020 at 10:39 a.m. UTCUpdated Nov 20, 2020 at 2:36 p.m. UTC Mark Yusko, founder and CEO of Morgan Creek Capital Management(Morgan Creek) Morgan Creek CEO Says Bitcoin Doing ‘Extremely Well’ Due to Fed Reserve’s Dollar Devaluation The U.S. Federal Reserve and the rise of “zombie companies” is prompting investors scramble to hedge […]

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Not just Wall Street: Quant trader explains why Bitcoin price is going up

Not just Wall Street: Quant trader explains why Bitcoin price is going up

Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin (BTC).  The catalysts are increasing adoption, whales, inflows from other products into Bitcoin, and influence from other markets. Alameda Research is a major cryptocurrency firm that trades a variety of cryptocurrencies and derivatives, with a volume […]

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