Bitcoin was the first cryptocurrency to ever be created. It’s an open-source, decentralized, peer-to-peer cryptocurrency created by Satoshi Nakamoto, an unknown person or group, who first introduced BTC (or XBT) to the world through an email sent to a cryptography mailing list .

It functions without a central bank or centralized administrator, and its transactions are semi-anonymous. New bitcoins are introduced to the market through a mining process, which rewards those that secure the network through what’s known as a proof-of-work (PoW) consensus algorithm.

Bitcoin’s maximum supply is capped at 21 million, and the very last BTC is expected to be mined in 2140.

Bitcoin Market Update for 28 Jan 2021: Price Analysis, BIS Chief on BTC, White Paper

This article provides an update (as of 08:30 UTC on 28 January 2021) on the latest thinking on Bitcoin by influential crypto analysts, investors, and traders, as other thought leaders. Bitcoin’s Price Action According to data by TradingView, on crypto exchange Bitstamp, Bitcoin traded in the range $29,250 (at 14:52 UTC) – $32,580 (at 00:00 UTC) […]

Bitcoin Could Be a Store of Wealth but It’s Yet to Prove Itself, Says BlackRock CEO

The CEO of the world’s largest asset manager BlackRock, Larry Fink, has revealed during an interview that he believes the cryptocurrency market is still “very small,” but added bitcoin could be a store of wealth. The cryptocurrency, he said, is still to prove itself. During the interview with Bloomberg, Larry Fink noted that the price […]

Bitcoin Billionaire Palihapitiya Announces Run for California Governor Position

Chamath Palihapitiya, an early bitcoin investor and former Facebook executive, has announced he is running for the position of California Governor on social media, tweeting out a link to a one-page website for his gubernatorial bid. The website reads that “California is a mess” as it’s “too expensive, our teachers are underpaid, and our schools […]

Wall Street Bear Says Bitcoin Cannot Be Ignored: Predicts Stock Market Crash

David Tice, a long-time Wall Street bear and bitcoin holder, has argued that the flagship cryptocurrency cannot be ignored, at a time in which he predicts the stock market will crash and endure a 30% downturn that will last for two years. Tice, during an interview with CNBC; said he expects the stock market to […]

GameStop’s Reddit-Fueled Rally Is Good for Bitcoin, Says SkyBridge Capital’s Scaramucci

SkyBridge Capital’s Anthony Scaramucci has revealed he believes GameStop’s Reddit-fueled rally, is positive for bitcoin as it exemplifies financial decentralization, furthering proof of the concept behind Bitcoin. According to Bloomberg, Scaramucci argued that smartphones and low-cost trading are “democratizing” the formerly highly concentrated business of money management. He added: The activity in GameStop is more […]

Bitcoin Market Update for 27 Jan 2021: Price Analysis, ETF, Miners

This report provides an update (as of 08:30 UTC on 27 January 2021) on the latest thinking on Bitcoin by analysts, investors, and traders. Bitcoin’s Price Action According to data by TradingView, on crypto exchange Bitstamp, Bitcoin traded in the range $30,884 (at 14:45 UTC) – $32,919 (at 23:01 UTC) on Tuesday (January 26). Crypto […]

$220 Million Worth of Satoshi-Era Bitcoin Moved in Last 10 Months: Report

Over $220 million worth of bitcoins have moved from blocks mined during the so-called Satoshi-era, in which the flagship cryptocurrency’s pseudonymous creator was still active in the community, over the last 10 months. The coins have all been moved from previously unspent block rewards from a miner that was active at that time. Satoshi Nakamoto […]

University Endowments Have Been Quietly Buying Bitcoin for a Year: Report

Some of the largest university endowment funds in the U.S. have reportedly been quietly buying bitcoin for the past year through accounts at Coinbase and other cryptocurrency exchanges. According to a report published by CoinDesk, citing two people familiar with the matter, Harvard, Yale, Brown, and the University of Michigan as well as several other […]

Rothschild Investment Corporation Raises Bitcoin Exposure to $1 Million via GBTC

The Chicago-based Rothschild Investment Corporation has increased its bitcoin exposure by buying up more shares in the Grayscale Bitcoin Trust (GBTC), to now have over $1 million worth of shares in its portfolio. According to filings with the U.S. Securities and Exchange Commission (SEC) disclosed Monday, the institutional investment manager of $1.4 billion now holds […]

MVIS CryptoCompare Indices Surpass $1 Billion in AUM as Crypto Demand Keeps Growing

MV Index Solutions (MVIS) and leading cryptoasset data provider CryptoCompare have announced that products licensing their co-branded indices, have surpassed $1 billion in assets under management. In a press release shared with CryptoGlobe, both firms point out the milestone represents “the huge growth in demand amongst institutional investors” for products that provide them with exposure […]

Former White House Communications Director Compares Holding Bitcoin to Bonds

Former White House communications director Anthony Scaramucci said holding bitcoin was as safe as government bonds or gold.

Bitcoin Supply Crisis Will Force Price Higher, Says Max Keiser

Bitcoin bull and crypto commentator Max Keiser says a looming supply crisis for bitcoin will force institutions to invest in the asset, driving the price to new highs.

ARK Invest CEO Cathie Wood: ‘No Better Hedge Against Inflation Than Bitcoin’

In a recent interview with Yahoo Finance, Catherine Wood, Founder, CIO, and CEO at ARK Investment Management, LLC (aka “ARK” or “ARK Invest”), talked about the Bitcoin. Here is what Wood had to say about Bitcoin during this interview: “Usually when there’s a parabolic move like Bitcoin enjoyed in 2017, it usually takes a generation for that asset […]

Former Goldman Sachs CEO: Regulators Should be ‘Arming’ Themselves to Deal With Bitcoin

On Monday (January 25), Lloyd Blankfein, former Chairman and CEO of Goldman Sachs, said in an interview that if he were a financial regulator, he would be “hyperventilating”at Bitcoin’s “success” and “arming” himself to “deal with it.” His comments came during an interview with Andrew Ross Sorkin on CNBC’s “Squawk Box“. When asked by Sorkin if […]

Marathon Stock Jumps After Acquiring $150 Million Worth of Bitcoin

Cryptocurrency mining firm Marathon Patent Group has seen its stock price jump soon after it announced a purchase of over $150 million worth of bitcoin. The firm’s stock has been rising steadily over the last few months. As first reported by Decrypt, Marathon’s stock has risen 2,800% over the last year, likely due to BTC’s […]

MicroStrategy CEO: Crypto Regulation Will Push Money Into Bitcoin

MicroStrategy CEO Michael Saylor responded to comments by Treasury Secretary nominee Janet Yellen in regard to illicit crypto usage, saying increased regulations would prove bullish for bitcoin.

Jim Cramer to U.S. Lottery Winner: Put 5% of $731.1 Million Jackpot Into Bitcoin

Last Thursday (January 21), former hedge fund manager Jim Cramer, the host of CNBC show “Mad Money w/ Jim Cramer“, gave some interesting advice to the owner(s) of the winning Powerball ticket, which is worth $731.1 million. Powerball is “an American lottery game offered by 45 states, the District of Columbia, Puerto Rico and the U.S. […]

Legendary Investor Says ‘Not Owning Any Bitcoin Has Been a Massive Mistake’

Legendary American value investor William H. Miller III recently wrote that over the past decade “not owning any Bitcoin has been a massive mistake,” and that he expects this to “continue to be true.” Miller is the Founder, Chairman, and Chief Investment Officer of investment firm Miller Value Partners, as well as the portfolio manager of firm’s mutual funds “Opportunity […]

Crypto Influencer Says Bitcoin Price Will Reach $100K by End of 2021

In a recent interview, Anthony Pompliano (aka “Pomp”), partner and co-founder at crypto-focused asset management firm Morgan Creek Digital Assets, talked about Bitcoin in general and his Bitcoin price predictions in particular. Pompliano’s comments came during an interview (released on January 22) with Daniela Cambone, Editor-at-Large and Anchor at Stansberry Research. Cambone stated the interview by asking Pompliano how he is […]

Bitcoin ‘Double Spend’ That Never Happened Panics Firm Into Selling All Its BTC

Canadian firm NexTech AR Solutions Inc. has announced that it has sold all of its Bitcoin due to concern that about a potential “double spend” on January 20. NextTech, which is “a leading provider of virtual and augmented reality (AR) experience technologies and services”, announced on 29 December 2020 that it aimed to “make an initial […]

Investment Firm Giant Guggenheim Partners Says Bitcoin’s Bull Run May Have Peaked

Investment giant Guggenheim Parnters’s CIO Scott Minerd says bitcoin’s price is cooling off, after making a run to an all-time high of $41,000.

MicroStrategy Uses Bitcoin Price Dip to Add More BTC to its Billion-Dollar Treasury

Nasdaq-listed business intelligence firm MicroStrategy (NASDAQ: MSTR) has added more bitcoin to its billion-dollar stash by taking advantage of the recent dip in the price of the flagship cryptocurrency, which briefly went below $29,000. According to MicroStrategy’s CEO Michael Saylor, in accordance with the firm’s Treasury Reserve Policy, it bought “approximately 314 bitcoins” for $10 […]

Bitcoin Community Rallies to Defend Satoshi Nakamoto’s Whitepaper

Some of the most prominent voices in the Bitcoin community have rallied behind the Bitcoin whitepaper seemingly in response to legal threats from nChain Chief Scientist Craig Wright against the website that hosted Satoshi Nakamoto’s original whitepaper., the website registered by Satoshi Nakamoto, published an announcement revealed that the website, along with, received […]

Crypto ETP Assets Under Management Grow 95% as Institutional Demand Grows

The assets under management (AUM) and trading volumes of cryptocurrency exchange-traded products (ETPs) have started surging over the last few weeks, to the point there are now nearly $36 billion in AUM across all ETPs. According to CryptoCompare’s Digital Asset Management Review, the AUM across all ETPs increased 95% to $35.96 billion as aggregated ETP […]

Janet Yellen Writes: It’s ‘Important We Consider the Benefits of Cryptocurrencies’

Former Federal Reserve Chair Dr. Janet Yellen, the person widely expected to be the next U.S. Treasury Secretary, acknowledged the benefits of cryptoassets in her written response to one of the questions from Tuesday’s U.S. Senate confirmation hearing. Yellen “served as the Chair of the Federal Reserve from 2014 to 2018, and as Vice Chair from 2010 to […]

Crypto Market Cap Could Reach $2 Trillion by ‘Facilitating More Participation’: Report

A report from advisory firm Aite Group that was commissioned by the eToro exchange, has revealed the total market capitalization of all cryptocurrencies could reach $2 trillion by “facilitating more participation” and taking down barriers hindering institutional adoption. The report, based on interviews with 25 institutional market participants, states that the market capitalization of all […]

Bitcoin’s Reputation Is a ‘Risk Premium’ That Could Pay off, Says Ruffer Investment

The UK-based Ruffer Investment Company Limited (“Ruffer”) has revealed in a new report that its exposure to bitcoin accounts for about 3% of its entire portfolio of around $29 billion, which would mean its BTC exposure is worth around $800 million. According to the firm’s Investment Manager’s Review for the period ending Dec. 31, it […]

Fidelity Digital Assets: What Crypto Regulations to Expect Under Biden Administration

On Thursday (January 21), Tom Jessop, President of Fidelity Digital Assets, talked during an interview about potentially upcoming regulations that the crypto community could expect to see under the Biden administration. On 15 October 2018, Boston-headquartered American multinational financial services company Fidelity Investments announced via a press release the launch of a new company, Fidelity Digital Asset Services, […]

Bitcoin Did Not Experience a Double-Spend: The Blockchain Worked as Intended

Bitcoin solves the Byzantine Generals problem to ensure trustless consensus and stood out among previous attempts to launch a digital currency by solving the double-spend problem: ensuring no more than 21 million BTC will ever exist and preventing someone from simply copy and pasting BTC to have more funds. A report published by CoinTelegraph this […]

BlackRock Gives Two Funds Green Light to Invest in Bitcoin Futures

The world’s largest asset manager with $7.8 trillion in assets under management, BlackRock, has seemingly granted at least two of its funds the ability to invest in bitcoin futures. The firm filed updated prospectuses for two of its funds including cash-settled bitcoin futures among assets they’re now permitted to buy. The filings, for the BlackRock […]

CryptoCompare’s Bitcoin Volatility Index Drops 5% As $BTC Consolidates Around $33K

As the Bitcoin price consolidates around $33,000 (for reasons given below) on Thursday (Jan 21), it is worth noting that CryptoCompare’s Bitcoin Volatility Index (BVIN) has fallen around 5.25% in the past 24-hour period. On 3 December 2020, CryptoCompare, a leading cryptoasset market data provider, launched the Bitcoin Volatility Index (BVIN), which was developed in partnership with […]

Crypto CEO Has ‘No Doubt’ Bitcoin Will Hit $100,000 This Year

Ki Young Ju, CEO of blockchain analytics startup CryptoQuant, has revealed he has “no doubt” the price of bitcoin will hit $100,000 this year, but added that in the short-term he has a bearish stance over the lack of significant buying pressure. The CEO’s words were based on data from Coinbase Pro, which shows that […]

Bitcoin Whale Population Hits New High After Adding $6 Billion so Far This Year

The number of bitcoin addresses that hold over 1,000 BTC – worth over $34.4 million – has hit a new all-time high after this year alone adding in another 164 new whales, which represent $6 billion worth of the flagship cryptocurrency. According to data from on-chain analytics firm Glassnode, there are nearly 2,440 bitcoin whales […]

Popular Crypto Analyst Names 5 Altcoins That Could Outperform BTC in 2021

Nicholas Merten, a popular cryptocurrency trader and the founder of DataDash, has revealed some of his top cryptocurrency picks for the upcoming altcoin season he believes is set to come. In a new episode of DataDash, first spotted by Daily Hold, Merten said he is keeping a close watch un UNI, the native token of […]

BoA Survey Shows Long Bitcoin, Long Tech, Short USD Are Top 3 Most Crowded Trades

Bank of America’s monthly fund manager survey has shown that a long position on bitcoin is seen as the most crowded trade, overtaking long positions on technology companies like Google, Facebook, and Amazon. The survey, Reuters reports, saw investors say that longing bitcoin was the most crowded trade, followed by long positions on tech companies, […]

Three More Altcoins Could Surpass XRP, Says Popular Crypto Analyst

Popular crypto trader Michaël van de Poppe says several altcoins could be the next to follow Polkadot in surpassing XRP by market capitalization.

Popular Crypto Trader Says DeFi Will Make ICO Bubble Look Like ‘Child’s Play’

Popular crypto trader and market strategist Altcoin Psycho says the coming DeFi bull market will make 2017’s ICO bubble look like “child’s play.”

4-Hour Work Week Author Tim Ferriss Shares His Thoughts About Bitcoin

Recently, highly successful investor and author Tim Ferriss talked about his experience with Bitcoin during a chat with serial entrepreneur and angel investor Kevin Rose. Ferriss has an impressive bio. Ferriss has been listed as one of Fast Company’s “Most Innovative Business People” and one of Fortune’s “40 under 40.” He is an early-stage technology investor/advisor (Uber, Facebook, Shopify, […]

Bitcoin on Track to Hit ‘$200,000 Minimum’ Says on-Chain Analyst Willy Woo

Prominent on-chain crypto analyst Willy Woo has revealed that he believes the price of bitcoin is going to at least hit $200,000 based on a recent upward movement on the top capitalization of his price model. Woo shares the change on Twitter, pointing out that he now believes a $100,000 price target is “too low,” […]

Guggenheim CIO Reveals His Firm Has ALREADY Bought Bitcoin for Some Private Funds

In a recent interview with Bloomberg TV, Scott Minerd, Global Chief Investment Officer of Guggenheim Partners, “a global investment and advisory firm with more than $295 billion in assets under management,” made some important comments regarding his firm’s current position with respect to Bitcoin. Some Background Guggenheim Investments is “the global asset management and investment advisory division of […]

Bitcoin More Likely to Succeed Than Ethereum, Investment Guru Suggests

Strategist and investment guru Lyn Alden has suggested that over the long-term bitcoin is more likely to succeed than Ethereum’s ether, as she considers ETH an “unfinished product” when compared to BTC. According to a newly published economic analysis of Ethereum, first spotted by Cointelegraph, Alden sees the smart contract network as a functional one […]

Record $3.7 Billion in Bitcoin Options Set to Expire After Open Interest Surpasses $9 Billion

Open interest on Bitcoin options has increased steadily over the last few months to surpass $9 billion, $3.7 billion of which are set to expire on January 29 – a new record – as speculation and institutional adoption keeps growing. According to data from crypto analytics website Bybt, open options contracts are now worth around […]

Bitcoin Mentioned as Possible Reserve Currency by Former Canadian Prime Minister

Former Canadian Prime Minister Stephen Harper has mentioned bitcoin and gold as potential reserve currencies that could replace the U.S. dollar, along with a “whole basket” of other assets. Harper’s words came during an interview with investment service Cambridge House’s Jay Martin, at the Vancouver Resource Investment Conference. Harper said that the possibility of the […]

‘Every Single Person’ is Underestimating Bitcoin, Says Anthony Pompliano

Anthony “Pomp” Pompliano says the entire industry of cryptocurrency is underestimating bitcoin and the superiority of digitalizing products.

Former U.S. Presidential Candidate Steve Forbes on Bitcoin

Last Friday (January 15), Steve Forbes, a former U.S. presidential candidate and the current Chairman and Editor-in-Chief of Forbes Media, acknowledged that Bitcoin is “booming”, but cautioned that this “doesn’t make it an alternative to the dollar yet.” First, Forbes talked about the increasing popularity of Bitcoin and the resulting rise in its price: “Bitcoin is […]

Bitcoin ‘Is Here To Stay’, Says Former U.S. Treasury Secretary Larry Summers

Former U.S. Treasury Secretary Dr. Lawrence H. Summers said last Friday (January 15) talked about Bitcoin and why its price should continue to go up in the long term. Dr. Summers is one of America’s top economists. Not only was Dr. Summers the 71st Secretary of the Treasury in the Clinton Administration, he served as […]

Miami Mayor Considering Investing Some of the City’s Treasury Reserves in Bitcoin

In a recent interview, Miami mayor Francis Suarez said that his city is looking into “having and holding” a percentage of its treasury reserves in Bitcoin. Suarez’s comments about Bitcoin during an interview last Thursday (January 14) with Stuart Varney, the host of FOX Business’ “Varney and Co.” Varney stated the interview by asking Suarez […]

Canadian Billionaire on Bitcoin: Central Banks Will Try Very Hard to ‘Undermine’ It

In a recent interview, billionaire Canadian mining magnate, media mogul, and philanthropist Frank Giustra shared his thoughts about the seemingly never-ending gold vs Bitcoin debate, and explained why he likes both. Giustra is “CEO of the Fiore Group, a private firm managing a broad portfolio of private equity investments and companies, specializing in natural resources, […]

Goldman Sachs to Enter Crypto Market via Custody Services: Report

Wall Street banking giant Goldman Sachs is reportedly planning to enter the crypto industry soon by offering custody services, according to an inside source.

YouTuber Ali Spagnola Accidentally Turned $50 in Bitcoin Into $39,000

YouTube artist and musician Ali Spagnola says she became “accidentally bitcoin rich” after forgetting about $50 BTC donation made in 2013.

UK Man Offers City $72 Million for Permission to Dig up Discarded Bitcoin Fortune

James Howells, a UK-based IT worker, has offered the Newport city council $72 million in exchange for permission to dig up a hard drive he discarded back in 2013, which has 7,500 BTC stored in it. According to The Telegraph, Howells accidentally threw away the hard drive while cleaning his house back then. His Bitcoin […]

Ripple CTO Talks About His Experience With the First ‘Bitcoin Casino’

Recently, David Schwartz, Chief Technology Officer at FinTech firm Ripple and architect of the XRP Ledger, talked about his experience with the first “Bitcoin casino”. Someone on the Quora platform had asked the following question: “Is it true that a man has 240 million worth of Bitcoin but only has two password attempts left? How […]

Pantera Capital CEO on How Current Bitcoin Rally Is Different From 2017 Rally

Dan Morehead, the founder, Co-CIO, and CEO of blockchain-focused investment firm Pantera Capital Management LP, talked about the current Bitcoin rally in his firm’s most recent monthly newsletter. In the January 2021 issue of Pantera Blockchain Letter, which was published on Thursday (January 14), Morehead said that lately he get asked this a lot the following […]

UBS Says Any Cryptocurrency Could Go to Zero, CZ Explains Why Bitcoin Won’t

On Thursday (January 14), according to Bloomberg, a team of strategists at UBS Global Wealth Management wrote in a report that any cryptocurrency’s price could potentially go to zero. Earlier today, the Binance CEO explained why the Bitcoin price will not. According to Bloomberg’s report, UBS’s report was written by a team that included Michael […]

Tether’s Bank Discloses ‘Large Position’ in Bitcoin

Deltec, the Bahamas-based bank that holds the reserves for the cryptocurrency space’s leading stablecoin issuer Tether, has revealed it has a “large position” in bitcoin and has been buying BTC since it was trading at $9,300. In a 2020 review video the firm published, first spotted by Twitter user lenne, the firm’s Chief Investment Officer […]

On-Chain Bitcoin Analyst Explains Why $BTC Price ‘Rocketed Past’ $23K

On Thursday (January 14), prominent on-chain crypto analyst Willy Woo explained the real reason for the current Bitcoin rally that took the BTC price to almost $42,000 last Friday (January 8). At the beginning of December 2020, with Bitcoin trading around the $18,900 level, Woo said that his previous Bitcoin price target — $200,000 per BTC by the […]

Bitcoin Will Have ‘A Six-Figure Price’ by Early 2022, Says Crypto Analyst

With the BTC price above $38,000 on Friday (January 15), prominent crypto analyst Josh Rager thinks “Bitcoin sees a six-figure price by early 2022.” According to data by TradingView, as of 09:35 UTC on January 15, on Coinbase, Bitcoin is trading around $38,469, up 0.7% in the past 24-hour period. So far in 2021, BTC-USD is […]

Bitcoin Unlikely to Drop Below $30,000, Crypto Analysts Explain

Bitcoin’s price has been rather volatile over the last few weeks. The cryptocurrency’s recent plunge that wiped around $200 billion from the crypto space scared investors, but a key support level may be being held by institutional investors. The price of bitocin how a new all-time high near $42,000 this month, after surpassing its previous […]

Institutional Investment Could Help Calm Bitcoin Volatility, Says Goldman Sachs Exec

Jeff Currie, Goldman Sachs’ head of commodities research, has said that more institutional investment could help calm bitcoin’s volatility at a time in which the market is showing signs of maturing. Speaking to CNBC’s Steve Sedgwick in an interview,  Currie revealed he believes that more money from the financial world would need to flow into […]

Bitcoin Replacing Gold Is a ‘Real Possibility’, Says Veteran Investor Todd Horwitz

Veteran trader Todd Horwitz has revealed that while he doesn’t believe bitcoin will replace gold as the de-facto store of value, he says it’s a “real possibility” as central bank intervention in the financial markets has been pushing investors toward crypto. Horwitz’s words came during an interview with Kitco News, first spotted by Daily Hodl, […]