Bitcoin hovered near $50,000 on February 25 amid what one analyst suspects are fresh buy-ins from institutional investors. US institutional investors are still buying Bitcoin at the 48k price,” said Ki Young Ju, CEO of on-chain analytics resource CryptoQuant.
$8.7T BlackRock jumps into bitcoin as JPMorgan analysts say beware
BlackRock, the world’s largest asset manager, opened up to using bitcoin futures as a hedge a day before JPMorgan analysts called BTC ‘the least reliable hedge’
BlackRock revealed in Jan. 20 filings with the U.S. Securities and Exchange Commission (SEC) that its BlackRock Funds V and BlackRock Global Allocation Fund have added bitcoin futures to their eligible investments, both for speculation and hedging.
Markets Report: Bitcoin recovers from $29K dip; anger at double spend claim
Troubled times for bitcoin as miner outflows combine with false rumors that the blockchain was compromised for the first time in history
Data from price trackers including CoinMarketCap and TradingView showed a problematic 24 hours for Bitcoin, which looks to end the week in a decidedly more precarious position than that in which it began on Monday.
Markets Report: Bitcoin dives to $27,700 as a crazy weekend turns crazier
Bitcoin shows no sign of calming down on Monday as $30,000 comes and goes along with thousand-dollar moves up and down
Bitcoin is seeing a wild start to the week with volatility taking traders up and down by thousands of dollars in under an hour. In what will cause headaches if it sets the tone for the coming days, Bitcoin dropped by $4,000 in less than sixty minutes on Monday—what’s next?