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Tag Archives: Bitcoin

Bitcoin Investment Trust Creator Adding $10 Million in New Investments Every Week

Grayscale Investments, the fund provider behind the Bitcoin Investment Trust (OTC: GBTC), said that it is onboarding nearly $10 million in new investments every week, and the majority of that capital is coming from institutional investors. The New York-based firm, a wholly-owned subsidiary of the Digital Currency Group, made the announcement in its newly-released Digital Asset Investment Report, which details ...

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Bitcoin (BTC) Jumps Up Just Below $7,500

Bitcoin Price – Bitcoin (BTC) is having a phenomenal 24 hours on the market; a bull run we haven’t seen from the digital currency in months. Featured Image: CoinMarketCap   Bitcoin Price Movement Last week, Bitcoin had an unimpressive week on the market, but it seems to have turned itself around as BTC has seen over a 15% increase in ...

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Bitcoin Price Could Reach $40,000 Within Years: Billionaire Marc Lasry

Another billionaire has officially jumped on the bitcoin bandwagon. The latest addition to the burgeoning group of bitcoin billionaires is Marc Lasry, the co-founder of Avenue Capital Group, an investment firm with $9.6 billion in assets under management. Speaking with CNBC, Lasry — who is also a co-owner of the NBA’s Milwaukee Bucks — said that he believes the bitcoin ...

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Bitcoin Can Soon Hit $40,000 as Trading Becomes Easier

Avenue Capital Group co-founder Marc Lasry has said that Bitcoin’s (BTC) price is going to hit $40,000 n bullish comments to CNBC on July 18. Speaking in an interview for the network’s Squawk Box segment, Lasry, whose debt management firm controls around $9.6 billion of assets, saw increasing ease of crypto trading as a major motivator for Bitcoin to rise, ...

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Charlie Lee’s ‘Own a Bitcoin Before Buying Altcoins’ Comment Sparks Crypto Tribalism

In a recent Tweet the founder of Litecoin made a statement about cryptocurrency acquisitions, quickly triggering discussion within the cryptocurrency community. Buy Bitcoin Before Altcoins? The cryptocurrency market is surprisingly tribal, with users often getting attached to their favorite cryptocurrency as if it was their hometown sports team. The issues with ‘crypto tribalism’ have become a topic of discussion with many crypto ...

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