Bitcoin’s Rally Is Being Supercharged By Strategy, According To Bitwise
If Strategy keeps buying at its current pace, it could surpass Bitcoin’s pseudonymous creator Satoshi Nakamoto as the largest single holder of the cryptocurrency within two years. Related Reading: Crypto Crackdown Refocused: FBI, DOJ Zero In On Bad Actors, Not Code Creators That projection, from Galaxy Digital research head Alex Thorn, puts into sharp focus […]
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XRP ads showed up at the Aria, Horseshoe, and Treasure Island during one of Bitcoin’s biggest annual events — a move that put Ripple’s messaging directly in front of tens of thousands of Bitcoin conference attendees. Related Reading: Bitcoin’s Rally Is Being Supercharged By Strategy, According To Bitwise Ripple Plants Its Flag Outside Bitcoin’s Backyard […]
Bitwise Chief Investment Officer Matt Hougan is pushing back against one of the loudest bearish narratives around bitcoin treasury company Strategy (MSTR, formerly MicroStrategy): that it could be forced into a liquidation of its roughly $60 billion bitcoin stack. In his latest CIO memo, Hougan writes bluntly that “Michael Saylor and Strategy selling bitcoin is […]
Crypto asset management firm Bitwise announced the launch of the ‘Bitwise Crypto Industry Innovators ETF’, the first listed ETF in the US with ‘crypto’ in it’s name. Bitwise has over $1.5B in assets under management. The Bitwise ETF The Bitwise ETF will be listed on the New York Stock Exchange under the ticker BITQ. The […]
Latest rally extends bitcoin's lead over U.S. stocks in 2020 returns, potentially setting up a self-reinforcing trend as more investors take notice.
Bitwise CEO Hunter Horsley says the firm’s XRP spot ETF has moved into the top slot in the US market, edging out rivals on assets as the category’s liquidity and asset base continue to expand. “The Bitwise XRP ETF (ticker: XRP) is now the largest XRP ETF in America. $10,000,000 inflows so far this week. […]