In a statement released on March 7, the Canadian fintech entity Mogo disclosed its strategy to diversify its portfolio by investing in bitcoin and bitcoin exchange-traded funds (ETFs), earmarking an initial outlay of as much as $5 million. Canadian Fintech Mogo Dives Deeper Into Bitcoin The publicly traded Canadian enterprise Mogo (Nasdaq: MOGO) (TSX: MOGO)…
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The Bitcoin (BTC) price briefly retook $68,000 on Thursday amid a dip in the US dollar following dovish remarks from US Federal Reserve Chair Jerome Powell, coming within about 2% of the record highs it printed earlier in the week. Last at $67,500, the Bitcoin price is roughly 14% up versus the lows it printed…
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Well-known auction houses that typically offer rare coins, famous artworks, and other popular assets for collectors to bid on have started capitalizing on physical Bitcoin (BTC). Both Stack’s Bowers Galleries and Heritage Auctions are presenting “physical cryptocurrencies” as part of their upcoming showcases, highlighting collector interest in tangible coins representing popular digital assets. James McCartney,…
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In a recent legal twist, the High Court in Podgorica has ruled in favor of extraditing Terraform Labs co-founder Do Kwon to South Korea. This decision comes after the Montenegro Appeals Court overturned a previous ruling that favored his extradition to the United States, marking a pivotal moment in the ongoing legal battle surrounding the…
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The US state of Arizona has joined a slew of pro-Bitcoin states in embracing the asset class. Arizona Senate has proposed a resolution to consider recently-approved Bitcoin ETFs as potential investments tool for the state’s retirement system. Arizona has already been proven open to technological advances. In January 2023, it introduced a bill which would…
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Figment Europe Ltd, a provider of institutional staking infrastructure, and Apex Group are planning to list two new exchange-traded products (ETPs) on the SIX Swiss Exchange on 12 March. The “Figment Ethereum Plus Staking Rewards” ETP will trade under the ticker symbol “ETHF” and the “Figment Solana Plus Staking Rewards” ETP will trade under the…
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Bitcoin Price Prediction Bitcoin price’s slight dip to $66,105 sparks curiosity about future trends. This Bitcoin price prediction examines the potential for a bullish recovery, highlighting MicroStrategy’s increased investment and legislative movements towards Bitcoin ETFs in retirement plans. As the landscape evolves with significant inflows into Bitcoin ETFs, notably from BlackRock, the question arises: will…
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BlackRock iShares Bitcoin ETF trading under the ticker symbol “IBIT” has seen a record daily inflow of $788 million on Tuesday, as the crypto trading frenzy shows little signs of slowing down. On Tuesday, Bitcoin reached a new all-time high of $69,000 boosting sentiment. The largest cryptocurrency is now trading at $65,700 during Asia hours…
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Bitcoin will tumble following the rollout of the digital ruble and other major CBDCs, a Russian economist has claimed. Per the media outlet OSN, Alexander Razuvaev, a member of the supervisory board of the Guild of Financial Analysts and Risk Managers, said that crypto would not “die completely,” but would become “marginalized.” ‘Bitcoin Will Tumble’…
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Bitcoin Price Prediction Bitcoin‘s resilience shines through as it stages a remarkable recovery, climbing over 8% in a single day to reach $67,231.45. This bounce back, especially after a concerning dip below the $60,000 mark, reignites discussions around Bitcoin price predictions, with many investors and analysts eagerly speculating on the potential for new highs. As…
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