Bitcoin dominance bounces back to 57% as BTC punches to $104K

According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same time frame, institutional inflows into Bitcoin (BTC) have increased by $7 billion. The bank said, “any such crowding out of gold as an 'alternative' currency implies big upside for Bitcoin over…

Timothy Peterson, a chartered alternative investment analyst, says Chainlink (LINK) token could be valued at $32 by the end of 2020. Peterson’s comments come just days after LINK rallied by 88% over the course of two weeks.The explosive growth of the Decentralized Finance (DeFi) market is thought to be one of the primary factors that…

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Reports suggest that Steve Cohen’s Point72 hedge fund is searching for a “head of crypto” as the firm weighs up its options before entering the crypto market. New York billionaire Steven Cohen’s hedge fund Point72 Asset Management, is reportedly searching for a “head of crypto.” Cohen, the 65-year-old dubbed the “Hedge Fund King”, founded Point72…

GPT-4, the latest version of artificial intelligence chatbot ChatGPT, believes the events of the last seven days could be bullish for Bitcoin (BTC), Ether (ETH), and Cosmos (ATOM), according to an AI-trading experiment run by Cointelegraph. The experiment is aimed at understanding GPT-4’s potential biases towards certain cryptocurrencies, how the events of last week could impact…

After 66 agonizing days, Bitcoin (BTC) price finally broke above the $20,000 psychological resistance on Jan. 14. At the same time, the current $400 billion market capitalization gives BTC a position in the top-20 global tradable assets, surpassing giants like Walmart (WMT), Mastercard (MA) and Meta Platforms (META).From one side, Bitcoin bulls have reasons to…

"It’s as easy as sending cash, and you don't need to own stock or Bitcoin to gift it," said Cash App, allowing transfers as low as $1. 240 Total views 11 Total shares Digital payments company Block, formerly called Square, has announced that Cash App users will be able to gift friends and family both…

Bankman-Fried has claimed repeatedly that he does not consider himself to have criminal liability in the collapse of FTX, but his colleagues have already pleaded guilty. 363 Total views 40 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTFormer FTX CEO Sam Bankman-Fried is scheduled to appear in court on the afternoon…