Bitcoin set for ‘insane long opportunities’ as it enters price discovery: Traders
Even if Bitcoin gains half of what it did during price discovery in 2021, that would still propel it to $150,000, said one trader.
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Coinbase forms a second PAC to support crypto-friendly candidates
The exchange registered its first PAC in July 2018 but closed it the following year after reporting it had received no funds or made any disbursements. 97 Total views 21 Total shares Crypto exchange Coinbase has filed for a political action committee reportedly to support "crypto-forward lawmakers" ahead of the 2022 midterm elections in the…

Bitcoin security still a concern for some institutional investors
Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests. 181 Total views 2 Total shares United Kingdom-based crypto fund Nickel Digital Asset Management released a survey of 100 wealth managers and global institutional investors to find out the biggest investor concerns…

Bitcoin Can Hit $250K in 2020, Reaffirms Tim Draper as Dominance Rises
Bitcoin (BTC) passed $7,200 a second time on Dec. 19 as previous bearish moves gave way to a return to higher levels.Cryptocurrency market daily overview. Source: Coin360BTC shows signs of a bullish comebackData from Coin360 and Cointelegraph Markets showed BTC/USD holding ground recovered above the $7,000 mark late on Wednesday. At press time, the pair…

SOL, LINK, OM, and RAY flash bullish signs as Bitcoin traders wait for BTC’s next move
Bitcoin trades in a predictable range while SOL, LINK, OM and RAY look ready to rally higher.

Tom Lee’s Market Research Firm Fundstrat Adds Bitcoin as Payment Method
Fundstrat Global Advisors, market strategy and research provider, announced the firm will start accepting Bitcoin (BTC) for content via Bitpay, according to a press release shared with Cointelegraph July 31. In what the company claims is a first for research firms, Fundstrat has added Bitcoin payments to its platform via payment operator BitPay, which processed…

Simplify files with SEC for Bitcoin Strategy Risk-Managed Income ETF
The asset manager said it would purchase “exchange-traded protective put options" and write "exchange-traded call options on Bitcoin futures and/or a Bitcoin related ETF or ETFs.” 50 Total views 11 Total shares Asset manager Simplify has filed a registration statement with the United States Securities and Exchange Commission to list shares of an exchange-traded fund…

SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool
The United States Securities and Exchange Commission (SEC) is ramping up pressure on the crypto sector. On Feb. 9, the SEC reached a $30 million settlement with Kraken over the centralized staking program offered to its users.The news of the crackdown sent Bitcoin (BTC) price to a 3-week low as investors became fearful of the…

Bitcoin’s Breakdown Will Take ‘Weeks, If Not Months’ to Rebound, Says Fundstrat Analyst
lt will take “weeks, if not months” to repair the “technical damage” caused by the recent collapse of Bitcoin (BTC), according to a Fundstrat Global Advisors analyst, Bloomberg reports today, Nov. 15.In a note to clients yesterday, cited by Bloomberg, Fundstrat’s Rob Sluymer predicted that Bitcoin’s collapse yesterday has pushed crypto markets into a “deeply…