Powell believes bitcoin ia a substitute for gold rather than the dollar. He warned crypto assets are highly volatile and not useful as a store of value … [Read more...] about Fed chairman Jerome Powell talks about bitcoin
Morgan Stanley to allow clients to invest in bitcoin funds
Wealthy clients of the U.S. bank will be able to allocate up to 2.5% of its portfolio to cryptocurrency funds … [Read more...] about Morgan Stanley to allow clients to invest in bitcoin funds
Goldman Sachs: customer demand for bitcoin is increasing
Cryptocurrency popularity spurred by pandemic will continue to grow in the future, assures Goldman's President … [Read more...] about Goldman Sachs: customer demand for bitcoin is increasing
China’s region tries to ban crypto mining farms
China’s Inner Mongolia region studies the initiative to limit high energy consumption activities, including crypto mining … [Read more...] about China’s region tries to ban crypto mining farms
The Motley Fool bets on Bitcoin, predicts 10X growth
Financial consulting company plans to use cryptocurrency for hedging and intends to play long … [Read more...] about The Motley Fool bets on Bitcoin, predicts 10X growth
Canadian regulators approve first North America bitcoin ETF
The first publicly traded bitcoin exchange-traded fund (ETF) reached $421.8 million in assets under management in two days … [Read more...] about Canadian regulators approve first North America bitcoin ETF
Jack Dorsey and rapper Jay-Z will set up bitcoin development fund
Fund’s objective is to expand Bitcoin’s capabilities and transform it into the currency of internet … [Read more...] about Jack Dorsey and rapper Jay-Z will set up bitcoin development fund
BlackRock files with SEC to invest in bitcoin futures
The world's largest asset manager shows interest in joining the bitcoin club … [Read more...] about BlackRock files with SEC to invest in bitcoin futures