Bitcoin Cryptocurrency News

Grayscale Says Investors Buy Bitcoin as an Inflation Hedge Amid Massive Money Printing

Grayscale Investments asserted that amid the current economic uncertainty prompted by the latest governments’ actions to print lots of money, institutional investors turn to Bitcoin and other cryptocurrencies looking for a potential hedge against inflation. BTC And Crypto To Serve As Hedge One of the world’s leading digital asset management companies recently posted on Twitter Read more…

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Bitcoin Cryptocurrency News

Bond Veteran Sees Stocks Hitting March Lows: What It Means for Bitcoin

Bitcoin may get caught up in a stock market storm as a veteran bond investor makes a chilling stock market prediction. There is a 76.8 percent chance that equities take out their March lows, according to Jeffrey Gundlach, the CEO of $135 billion DoubleLine Capital. The rally is taking place without institutional money, which puts Read more…

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Bitcoin Cryptocurrency News

BTC HODL Target Found? Almost 50% Say They Will Sell If Bitcoin Price Reaches $100,000

An interesting poll on Twitter revealed that if Bitcoin’s price reached $100,000, most people would prefer to sell either all or some of their holdings for fiat. A comparison with another poll, however, shows an exciting consistency with what Bitcoin holders supposedly intend to do. Majority Will Sell If Bitcoin Price Reaches $100,000 One of Read more…

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Cryptocurrency News

Deloitte Survey: 83% Of Executives See Compelling Use Cases For Blockchain

Big four multinational professional services company, Deloitte, has conducted a 2019 survey regarding what executives from big organizations think of blockchain. The data shows that interest in blockchain-based technology is generally increasing. 83% Of Executives Believe In Blockchain Deloitte published its annual survey showing what executives think about blockchain and its potential. It was conducted Read more…

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Bitcoin Cryptocurrency News

Millennials Trust Bitcoin-Based Equities Over Microsoft, Disney Stock

Bitcoin-based investment has made its way into the portfolios of the youngest investors, as millennials allocate a part of their retirement to Bitcoin-based stock. Millennials Allocate Funds to Different Asset Mix Analysis of self-directed brokerage accounts show a generational divide in selecting assets. Older GenX investors have no exposure to Bitcoin (BTC) through financial instruments, Read more…

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Bitcoin Cryptocurrency News

Top 5 Common Misconceptions About Bitcoin

75% of US adults have heard about Bitcoin. But their information doesn’t always come from reliable sources. Whether they believe it’s magic internet money or a vehicle for drug lords and pedophiles, here are the 5 biggest Bitcoin misconceptions around. The Most Common Bitcoin Misconceptions 1. Bitcoin Is Anonymous It’s not surprising that one of Read more…

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Bitcoin Cryptocurrency News

IBM: Central Banks Will Launch Digital Currencies Within 5 Years

Under the fear of potentially losing monetary control, several central banks are focusing on developing and issuing a cryptocurrency. Indeed, according to an IBM-commissioned report, a central bank digital currency (CBDC) could be ready for consumers’ use within the next 5 years. IBM Sees Serious Future For CBDC’s The OMFIF-IBM report entitled “Retail CBDs: The Read more…

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Bitcoin Cryptocurrency News

Canadians Like Bitcoin More as a Store of Value

A recent survey conducted by Canada’s central bank regarding Canadians’ thoughts on Bitcoin showed interesting results.  While the Bitcoin and crypto market in the US remains unregulated and uncertain, it is worth remembering that many other countries have a more positive and friendly stance towards these nascent and fledgling technologies. Canada, for example, seems to Read more…

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New Research Shows How Young Adults Drive the Cryptocurrency Revolution

Are Millennials and Gen Zers (post-millennials) driving the growth in adoption of cryptocurrencies? A growing amount of recent research suggests that the overall increase in society’s acceptance of the technology is exponential and is concentrated among the youngest cohort of the population. If you’ve been to cryptocurrency conventions or meetups, you’ll be aware that this Read more…

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Bitpanda: The Swiss Are True Cryptocurrency Holders

BitPanda, in partnership with GlobalWebIndex, has done an in-depth survey on the identity of the European cryptocurrency holder. Key findings of the study show that both the Swiss and Austrians hold the titles of the highest crypto ownership in Europe At least 7 percent of internet users in Switzerland hold digital currencies. This is one Read more…