• dump gold for bitcoin
    Bitcoin,  Regulation

    CCB International Securities dumps gold for bitcoin

    Mark Jolley said that the Hong-Kong-based asset management firm sold one-third of its gold for bitcoin, despite being owned by China Construction Bank, a giant in bitcoin-banning China

    Jolley suggested that a bitcoin allocation belongs in all portfolios, after suggesting that the United States dollar will see significant inflation next year. “We normally have a 15% allocation [...] to gold, bitcoin will come in and replace some of that gold allocation. I’ve set it at 5%," he said.

  • markets report bitcoin price
    Bitcoin,  Markets Report

    Markets report: Bitcoin passes $15.6K as difficulty drop normalizes fees

    Bitcoin begins to rebuild miner strength while retaining higher prices as network performance runs exactly to schedule

    Bitcoin is cementing $15,500 support on November 11 as positive news from within the industry and beyond buoys the bulls. Data from price trackers including CoinMarketCap shows BTC/USD retaining $15,000 support over the past 24 hours, with lows of $15,125. Highs of $15,700 have followed, with press-time levels focusing on $15,600.