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Hedge Funds and Brokerages Dominate Bitcoin Assets, Coinshares 13F Filing Analysis Shows

Hedge Funds and Brokerages Dominate Bitcoin Assets, Coinshares 13F Filing Analysis ShowsA recent analysis from Coinshares, spearheaded by its lead research analyst, James Butterfill, brings to light the evolving landscape of bitcoin investments among institutional investors. This report, derived from 13F filings submitted to the U.S. Securities and Exchange Commission (SEC), offers a glimpse into the strategies of key players in the bitcoin market, underscoring the […]

Nigerian SEC tightens crypto marketing rules

Barstool’s Dave Portnoy Accepts Bitcoin From Kraken in Sponsorship Deal

Barstool’s Dave Portnoy Accepts Bitcoin From Kraken in Sponsorship DealBarstool Sports founder Dave Portnoy has expressed his hesitation to buy bitcoin at its current price but is open to accepting the cryptocurrency as payment. He disclosed that he accepted bitcoin from crypto exchange Kraken as part of a sponsorship deal, highlighting his belief in the cryptocurrency. Dave Portnoy Embraces Bitcoin Payments Dave Portnoy, founder […]

Nigerian SEC tightens crypto marketing rules

Block Is Buying Bitcoin Every Month for Its Balance Sheet

Block Is Buying Bitcoin Every Month for Its Balance SheetBlock Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as an instrument of global economic empowerment; it is a way for individuals around […]

Nigerian SEC tightens crypto marketing rules

Bitcoin Has Become World’s ‘Most Popular Investment Asset,’ Says Microstrategy Chairman

Bitcoin Has Become World’s ‘Most Popular Investment Asset,’ Says Microstrategy ChairmanMicrostrategy’s executive chairman, Michael Saylor, has explained why bitcoin has become “the world’s most popular investment asset.” He noted that following the rebalancing after the launch of spot bitcoin exchange-traded funds (ETFs), the crypto has “found its footing and now people are beginning to realize that there’s 10 times as much demand for bitcoin coming […]

Nigerian SEC tightens crypto marketing rules

Survey: More Than 70% of Salvadorans Believe the Bitcoin Law Has Not Improved Their Personal Finances

Survey: More Than 70% of Salvadorans Believe the Bitcoin Law Has Not Improved Their Personal FinancesA recent survey has offered some insight into the real opinions Salvadorans have about the implementation of the Bitcoin Law in the country. The survey, carried out by the University Institute of Public Opinion of the José Simeón Cañas Central American University, found that most Salvadorans believe the inclusion of bitcoin as legal tender, through […]

Nigerian SEC tightens crypto marketing rules

This Year’s Gallup Poll Findings Suggest 6% of US Investors Own Bitcoin

This Year’s Gallup Poll Findings Suggest 6% of US Investors Own BitcoinYoung U.S. investors are more interested in bitcoin investments than they were three years ago, according to a poll stemming from the Gallup Investor Optimism Index. This year’s poll surveyed 1,037 participants and findings suggest 6% of American investors own bitcoin. American Bitcoin Investors Increase by 4% in 3 Years The American survey and analytics […]

Nigerian SEC tightens crypto marketing rules

Investment Advisor Says Bitcoin Is ‘Very Dangerous to Hold Today’ Citing Warnings by Regulators

Investment Advisor Says Bitcoin Is ‘Very Dangerous to Hold Today’ Citing Warnings by RegulatorsInvestment advisor and former Prudent Bear Fund manager David Tice has warned about investing in bitcoin. Citing “negative statements” by central bankers and regulators, such as the Bank of England, he said that it is “very dangerous to hold” bitcoin today. Investment Advisor David Tice Warns It’s Dangerous to Invest in Bitcoin David Tice, who […]

Nigerian SEC tightens crypto marketing rules

Goldman Sachs to Offer ‘Full Spectrum’ of Bitcoin Investments

Goldman Sachs to Offer ‘Full Spectrum’ of Bitcoin InvestmentsGoldman Sachs has revealed that it will be offering bitcoin investments to its wealth management clients. The investment bank reportedly plans to offer a “full spectrum” of bitcoin investments, “whether that’s through the physical bitcoin, derivatives or traditional investment vehicles.” Goldman Sachs to Begin Offering Bitcoin Investments to Wealthy Clients Goldman Sachs is the second […]

Nigerian SEC tightens crypto marketing rules