After DeFi, “institutional investors” has probably been the buzzword for the crypto-market, especially following the likes of MicroStrategy and Square jumping in. Looking at institutions going on a Bitcoin buying spree, many analysts have had their say on what this means. Popular American computer scientist Paul Graham is the latest one after he tweeted, “PossibleContinue reading “Will Bitcoin kill credit cards?”
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Michael Saylor’s latest plans to raise cash for investing in Bitcoin may be controversial to the T. MicroStrategy’s treasury strategy is working as planned, and the timing of the move to buy Bitcoin and replace it as the treasury asset may have been the key driver of MicroStrategy’s growth in the first half of theContinue reading “Bitcoin: Is Michael Saylor’s treasury strategy really bullish?”
Bitcoin’s price has dropped by over 6% in the past seven days. The crypto-asset, at the time of writing, was trading at $18,368, falling fallen to as low as $17,800 before recovering. However, BTC’s press time price was still well below the $19,000-level from earlier in the week. So, where is Bitcoin headed? Is theContinue reading “Bitcoin: Why it will be a bumpy road ahead for HODLers, day traders”