Category: Investing
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Ushering In A Bitcoin Standard: Marathon Buys $150 Million Of Bitcoin
The supply of bitcoin continues to dry up as Marathon Patent Group Inc., one of the largest Bitcoin mining companies based in North America, announced its purchase of 4,812.66 BTC at an aggregate price of $150 million, per a release. The bitcoin was purchased via New York Digital Investment Group (NYDIG), which helped Marathon take…
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Fueled By Bitcoin Boom, Invictus Capital Sees Massive Growth In Q4 2020
This is a promoted article provided by Invictus Capital As the price of bitcoin and the crypto market as a whole continue to set new records, service providers in the space are also seeing significant growth. Few exemplify this momentum better than blockchain asset management firm, Invictus Capital. As bitcoin and other cryptocurrencies surge, Invictus’…
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With Record Bitcoin Buys, How Are Grayscale’s Investors Doing?
Grayscale’s Bitcoin Trust (GBTC) made headlines again yesterday with its record one-day addition of 16,244 bitcoin, adding to its stack of over 630,000 bitcoin and an assets under management (AUM) totaling about $23 billion. Evidently, business is good. So, who are Grayscale’s investors? Is GBTC’s premium an incentive, or a disincentive? And where will this fund…
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With Record Bitcoin Buys, How Are Grayscale’s Investors Doing?
Grayscale’s Bitcoin Trust (GBTC) made headlines again yesterday with its record one-day addition of 16,244 bitcoin, adding to its stack of over 630,000 bitcoin and an assets under management (AUM) totaling about $23 billion. Evidently, business is good. So, who are Grayscale’s investors? Is GBTC’s premium an incentive, or a disincentive? And where will this fund…
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CoinShares Offers Institutional On-Ramp With Physically-Backed Bitcoin ETP
Today, digital asset manager CoinShares announced the launch of CoinShares Physical Bitcoin, an exchange-traded product (ETP) with each unit backed by on-chain BTC. The product will carry the ticker symbol “BITC.” “BITC will be the first product released on CoinShares’ new institutional-grade ETP platform and will launch with significant assets under management,” according to a…
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Have I Already Missed My Time To Buy Bitcoin?
It’s easy to see the bitcoin price go up and feel like you’ve missed the boat. However, many individuals and institutions believe that Bitcoin is just now starting to heat up. So what is driving the price of bitcoin so high, and how could it continue to rise beyond these levels? The best place to…
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Why Bitcoin Is One Of The Most Undervalued Assets In 2021
According to Bloomberg, bitcoin’s 9 million percent price rise makes it the best performing asset of the last decade. But what if I told you that even in 2021, Bitcoin is still one of the most undervalued assets there is? If you are one of those people who has thought of putting money into bitcoin,…
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Understanding Bitcoin’s Scarcity
Bitcoin is obviously scarce. And it seems to be becoming scarcer over time. But, perhaps due to the current bull run, doubts about both of these propositions are seemingly on the rise among bitcoin skeptics. Criticisms come in a few different flavors. The main one that I have seen argues that bitcoin cannot be scarce…
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The Hardest Trade: BitcoinTina On Bitcoin
Listen To This Episode: Apple Spotify Libsyn Overcast In the fifth installment of the “BitcoinTina On Bitcoin” series, CK and BitcoinTina discussed the potential bull market scenarios for bitcoin. In this podcast, they covered three different bitcoin price scenarios which are all very bullish but difficult and distinct to trade. #bitcoin has 3 potential price…
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‘Why I’m not investing in nothing burger Bitcoin’: Shark Tank’s Kevin O’Leary
Despite criticizing Bitcoin, the Shark Tank star also said the digital asset could become “something of tremendous value” if regulators were to back it.