Is It Too Late To Invest In Bitcoin?

Imagine you would have decided to invest in Bitcoin for $1,000 apiece in early 2017. By the end of that year, you would have made approximately $20,000 profit by selling 1 BTC. However, if you had waited a year more, your ROI would have been only around $2,500. The 2017 Bitcoin bubble saw many one-time investors exit the crypto market. They were those who started selling when the BTC price began to plummet. On the other hand, those who "hodled" licked…

US Firefighter Pension Fund Invests in Bitcoin and Ethereum

A pension fund in the United States has added both Bitcoin and Ether to its portfolio. This marks the first-ever cryptocurrency investment by a US public pension plan, further highlighting institutional demand for crypto exposure. Firefighter Pension Partners With NAYDIG According to a press release from Newswire, the Houston Firefighters' Relief and Retirement Fund (HFRRF) announced their investment this morning. NAYDIG – a Fintech service provider for banks, corporations, and institutions – facilitated the purchase on the fund’s behalf. It…

Peter Thiel Wishes He’d Bought More Bitcoin

Peter Thiel, PayPal co-founder and tech billionaire, recently stated that he feels “underinvested” in Bitcoin. Though he is a long-time Bitcoin supporter, he avoided investing in it because he thought it was an "open secret." However, he realized that it may still have room to grow, and attributes its recent success to central bank failure. Bitcoin and Libertarianism Thiel aired his thoughts in an interview with the Lincoln network on Wednesday. The network is a non-profit that advocates for governments…

Blockchain Analytics Firm Adds Bitcoin To Its Balance Sheet

Chainalysis – a commonly used blockchain data company – recently invested in an unspecified amount of Bitcoin. The investment comes as Bitcoin's price creeps ever closer to all-time highs and surpasses its market cap record from May. Chainalysis Plans to HODL The data provider announced its latest investment in a blog post today and simultaneously confirmed a new partnership with NYDIG. NYDIG is a Fintech service provider for banks, corporations, and institutions. The financial company has allowed Chainalysis to add…

MicroStrategy Plans to Offer $400 Million of Senior Secured Notes

MicroStrategy recently made public plans to offer $400 million worth of senior secured notes to purchase additional bitcoins. The company, founded in 1989, would be acquiring its third security debt offering with over $2 billion worth of Bitcoin invested through credit raised from the sale of convertible security tokens and direct cash purchases. The fortune 500 company intends to offer senior secured notes due 2028. However, it will depend on market conditions like volatility, among others. The company has no…

A New Study Says Bitcoin is Too Volatile to be a Long-term Investment Option

It seems the revolution of cryptos and digital assets in the mainstream finance space is a disruptive force. Various flaws associated with traditional financial institutions and traditional forms of money were revealed during the economic troubles that ensued in 2008 and it appears that cryptocurrencies such as Bitcoin responded to them. Issues related to cryptos in the time of digital money were expatiated in a research paper published recently by Stanford Graduate School of Business. The paper also discussed whether or not regulatory bodies are necessary…

Millennials and Future Adoption of Bitcoin

Attempts to save the economy have forced the U.S. to continue with plans to print more money. However, cryptocurrency market participants believe that the plan is providing a platform for Bitcoin to go even further mainstream. The possibility of low interest rates and Quantitative Easing (QE) to create greater debt in the years ahead has been noted by many reports. In recent times, Sven Henrich of NorthmanTrader tweeted about the QE measures: “Ever since low rates and QE the entire growth curve as stalled.…

Bitcoin is a Market Bubble and It is Not a Good Investment, Says Critics in a Book

Many people still do not believe in cryptocurrencies, especially Bitcoin as some call it a bubble. This is exactly the belief of the authors of a book in recent times, where they noted that Bitcoin is a typical case of a market bubble whose value will decline remarkably, without regard to the fluctuations at the moment. The authors carried out a technical analysis, with a focus on price fluctuation, trading volume together with available signals and concluded that Bitcoin will continue to…