Bitcoin stayed lower on March 16 as the week’s comedown from all-time highs accelerated overnight. The move compounds an already bearish turn in Bitcoin markets which followed new all-time highs of $61,700 during the weekend.
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$40B of stimulus money headed to Bitcoin: Report
A study predicts that more than 10% of the money distributed to United States citizens in $1,400 stimulus checks could end up invested in Bitcoin
Nearly 40% expect to invest a portion of it in stocks or Bitcoin. The respondents also showed a preference for Bitcoin over stocks. Saying that Bitcoin could swallow as much as 60% of those investments, Dolan noting, "We calculate it could add as much as 2-3% to Bitcoin's current $1.1 trillion market value.”
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Markets Report: Bitcoin sees $6K drop as Grayscale CEO eyes ‘buying opportunity’
Concerns that India will enact a full cryptocurrency ban are once again back in the spotlight after a report in mainstream media
Bitcoin is trailing as it starts a new week thanks to fresh worries over a blanket ban by India—is that it for the bull run? After hitting new all-time highs of almost $62,000 over the weekend, Indian lawmakers have burst Bitcoin’s bubble, sparking the biggest daily losses in history.
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WisdomTree joins Bitcoin ETF race
The exchange-traded fund provider is the fifth firm this year to file for U.S. Securities and Exchange Commission permission to launch a Bitcoin ETF
WisdomTree has joined a competitive race to be the first United States company to launch such a product on the local market. Other contenders include VanEck, which filed on Dec. 30, Valkyrie on Jan. 22, and Bitwise Asset Management and New York Digital Investment Group (NYDIG) in February. Recent rumors say investment bank giant Goldman Sachs could soon join them.
