BNY Mellon questions Bitcoin’s appeal as an investment
The asset-management arm of Bank of New York Mellon (BNY Mellon) believes Bitcoin is not suitable for most institutional investors' portfolios for a number of reasons.
BNY Mellon questions Bitcoin’s appeal as an investment
The asset-management arm of Bank of New York Mellon (BNY Mellon) believes Bitcoin is not suitable for most institutional investors' portfolios for a number of reasons.
Willy Woo: Hodler Activity and On-Chain Indicators Point to Market Recovery
Bitcoin has not entered a bear market, as long-term hodlers continue to accumulate assets on their wallets, and on-chain indicators point to a reversal in the negative price dynamics of digital gold. This was stated by analyst Willy Woo.
Australia sees threat from Bitcoin ETFs to consumers and markets
Exchange-traded funds (ETFs) tracking the first cryptocurrency could inflict "real harm" on consumers and markets. That conclusion is contained in the Australian Securities and Investments Commission's (ASIC) consultative report.
Survey: Elon Musk’s tweets shaped investors’ views on Bitcoin’s environmental footprint
Investing.com researchers, after a survey, concluded that Elon Musk's tweets about Bitcoin mining's environmental impact influenced crypto investors' views of Bitcoin.
Opinion: Ransomware programs threaten Bitcoin’s legitimacy
Ransomware-encrypting programs could jeopardize the reputation of the leading cryptocurrency as its status is debated in the U.S. Congress. This was stated by Democrat and Illinois representative Bill Foster in an Axios interview.
US Senator Urges Shifting Part of Retirement Savings into Bitcoin
US Senator from Wyoming and a bitcoin advocate, Cynthia Lummis, in an interview with CNBC urged considering digital gold as a means to diversify retirement and long-term savings.
Insight Investment: Bitcoin unlikely to become a means of payment
Most institutional investors do not invest in Bitcoin due to high volatility and low liquidity, as well as issues with asset management and ESG risks. This was stated by Francesca Fornasari, head of currency solutions at Insight Investment.
El Salvador’s president says bitcoin wallet use is voluntary
The Chivo Bitcoin wallet is compatible with other similar apps and will not become mandatory for use in El Salvador, according to President Nayib Bukele.
Glassnode: Short-term investors sold Bitcoin at a loss of $3.83 billion
Last week, the volume of Bitcoin realized at a loss by short-term investors reached $3.83 billion. According to Glassnode, with long-term holders selling $383 million worth of coins at a profit, the total loss rose to a record $3.45 billion.
Jim Cramer, who sold Bitcoin, invests in Ethereum.
The former hedge fund manager of Cramer & Co. and host of Mad Money on CNBC, Jim Cramer, increased his holdings in Ethereum, the second-largest cryptocurrency by market capitalization.We use cookies to improve the quality of our service.
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