It’s no secret that 2018 has been a tough year for the crypto markets, with Bitcoin dropping from highs of nearly $20,000 in late-2017 to recently established lows of $3,200. The market’s poor performance has led investors, analysts, and traders alike to ponder what impetus will be able to drive the markets back to their… Continue reading BitPay CEO: Mass Crypto Adoption Could be Right Around the Corner
Category: etf
Auto Added by WPeMatico
Blockchain Payments’ Mass Adoption Is 3-5 Years Away, Says BitPay CEO
Stephen Pair, the CEO of BitPay, declared that speculation is a substantial Bitcoin price driver, while “actual utility” is not. The CEO of crypto merchant platform BitPay Stephen Pair stated that speculation on future adoption drives Bitcoin’s (BTC) price more than “actual utility,” in an interview on CNBC Dec. 13. Speaking on the reasons behind… Continue reading Blockchain Payments’ Mass Adoption Is 3-5 Years Away, Says BitPay CEO
Institutional Investors Still Interested? Bitwise Releases Bitcoin and Ethereum Funds
The creator of the world’s first cryptocurrency index fund has launched two liquid beta funds holding bitcoin and ether exclusively to address market demand. The Bitwise Bitcoin Fund and the Bitwise Ethereum Fund are available in two share classes, Institutional Shares and Investor Shares. Bitwise Funds Open to Minimum Investment of $25,000 for Retail Investors… Continue reading Institutional Investors Still Interested? Bitwise Releases Bitcoin and Ethereum Funds
‘Godfather of ETFs’ Says Bitcoin Exchange-Traded Funds Will be Approved ‘No Time Soon’
The “godfather of ETFs” Reggie Browne said that Bitcoin ETFs will be approved “no time soon,” speaking at Georgetown University’s Financial Markets Quality Conference. Reggie Browne, the so-called “godfather of ETFs,” said that Bitcoin (BTC) Exchange-Traded Funds (ETF) will be certified “no time soon,” Business Insider reported Nov. 1. Browne is a senior managing director… Continue reading ‘Godfather of ETFs’ Says Bitcoin Exchange-Traded Funds Will be Approved ‘No Time Soon’
Fundstrat Tech Guru: Bitcoin Bulls Lose Upper Hand After Very Damaging Drop
According to a notable technical analyst, the recent Bitcoin price drop significantly deteriorated the case for a pending market reversal, signaling that bulls must do a significantly greater amount of work in order to reverse the persisting bear market. Rob Sluymer of Fundstrat Global Advisors first claimed that Bitcoin bulls must defend $6,800 and $6,600… Continue reading Fundstrat Tech Guru: Bitcoin Bulls Lose Upper Hand After Very Damaging Drop