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Bitcoin (BTC) is a compelling investment case “for patient, long-term investors” willing to spend the time to understand the top cryptocurrency, a new paper by Paradigm co-founder managing partner Matt Huang notes.The crypto entrepreneur places BTC besides gold, as a go-to store of value, amid unprecedented stimulus spending by
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A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized
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The Shanghai No. 1 Intermediate People's Court publicly announced an appeal for a Bitcoin foreign property damage compensation dispute on May 6, according to Baidu news. The second Court trial’s findings indicated that Bitcoin is a digital asset and should be protected by the law. All Bitcoin obtained through illegal means
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The bitcoin price peaked at $8,970 Wednesday, the highest since early March. An upsurge in trading volume and search interest suggest FOMO-buying is back in play. Bitcoin will undergo its next halving event in roughly 12 days. Don’t look now, but bitcoin is making a fast approach on $9,000–signaling
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Bitcoin (BTC) will be most attractive to United States citizens whom the government refused to bail with $1,200, one market commentator says.As it emerged that stimulus checks may be going towards purchasing BTC, Gabor Gurbacs, digital asset director at VanEck, argued that those left out will still look for an
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At Bitcoin.com we take pride in providing the best cryptocurrency resources online so people can learn about the great benefits of bitcoin. One particular service we offer is a cryptocurrency market valuation and price data aggregator called markets.Bitcoin.com. This week our team is pleased to announce markets.Bitcoin.com now features statistics
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Sharing is caring!CTBC Bank in Hong Kong has cut a deal with San Francisco-based Aegis Custody to expand its digital financial asset business, launching bundle factoring, REITs and equity investment in special asset digitalization (security tokens) to tap into channels for cash flow and support diversification of the banking sector. Founder
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Bitcoin (BTC) trading is currently seeing its highest correlation with the S&P 500 stock market index as panic over the coronavirus (COVID-19) pandemic is reportedly forcing investors to embark on massive portfolio de-risking. Bitcoin Trading Correlation with S&P 500 Reaches All-Time High Data from crypto analytics platform Coin Metrics shows that the
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Republic, a platform letting users invest in early-stage companies, announced plans to launch its own digital asset on Algorand’s blockchain. “We are excited to be using their cutting edge blockchain technology to enable the creation of a new dynamic digital asset,” Republic co-founder Kendrick Nguyen said of Algorand in a
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As the price of Bitcoin (BTC) crept up in recent months, it appears public interest in digital assets is once again on the rise. Newcomers to the sector these days have it far easier than those who joined in the earlier days. Since 2017, we have seen an inflow
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