Experts say institutions drove Bitcoin's rise to $19K and that alt-season is ...
Market analysts are attributing Bitcoin’s sudden surge above $19,000 to aggressive demand from financial institutions and leading companies in the United States. Analysts are pointing to demand from financial institutions and publicly listed companies as the primary forces behind BTC’s sudden re-test of its all-time highs.“The primary reason for the steady grind up in Bitcon has been the increased interest and aggressive buying activity from institutions,” said Nick Cote of gamified trading platform Hxro Labs. “A lot of investors are going through Grayscale.” Rising institutional demand....
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The price of bitcoin surged close to 20% over the weekend spanning 11th June and 12th June, and this robust appreciation grabbed the attention of many experts who were quick to give their two cents on the rally. Market observers provided a wide range of explanations for this climb, including the ongoing 'Brexit' uncertain, the rising visibility of blockchain technology and the impending halving of rewards paid to key participants in the bitcoin network. While the possibility remains the sum of these factors could be equally as powerful as any one in isolation, we review the most common....
The Oakland A's, the team at the center of the box office hit movie “Moneyball,” is accepting a single Bitcoin as payment to secure a six-seat suite throughout the 2021 home season. The Oakland A's — the San Francisco East Bay ballclub at the heart of the Academy Award-nominated 2011 movie Moneyball — is greeting the new season with a Bitcoin-friendly offer for their fans. Until April 1, the club is offering a full season, six-person suite for the home season at the price of one Bitcoin (BTC), currently valued at $57,653. That works out — for the time being — at a slight discount, given....