Bitcoin


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First Mover: Horrible 2020 Economy Proved Best Thing for Bitcoin

In 2020, bitcoin went from fringe investment to the talk of Wall Street, as the coronavirus-induced recession spurred recovery plans built around stimulus.

The coronavirus-induced recession and official response (trillions of dollars of stimulus) pushed bitcoin to its debut on the global investment stage.

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Bitcoin Still on Track to Breach $20K in Coming Weeks: Analysts

Bitcoin's revived uptrend could soon lead to a much-anticipated breakout above the $20,000 mark, according to several analysts.

Bitcoin prices for the last week

Finanza

MassMutual's Bitcoin Buy May Presage $600B Institutional Flood: JPMorgan

JPMorgan analysts said MassMutual's recent $100 million bitcoin purchases are a sign of growing mainstream acceptance for the cryptocurrency.

JPM, JPMorgan

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Crypto Long & Short: Bitcoin's Relationship With Gold Is More Complicated Than It Looks

Just because gold is losing momentum and bitcoin is gaining it doesn't mean investors are selling gold to buy bitcoin – not yet, anyway.

Gold bars

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Fidelity's Custody Business Around Bitcoin 'Incredibly Successful': Johnson

Fidelity Investments CEO Abby Johnson says the mutual fund giant's custody business around bitcoin has been "incredibly successful" and has a "tremendous pipeline."

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Market Wrap: Bitcoin Holding at $18K; Active Ethereum Addresses up 140% in 2020

Bitcoin’s price dipped below $18,000 for the third straight day while an increase in active Ethereum addresses is fundamentally positive.

CoinDesk 20 Bitcoin Price Index

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Why a Massive 169-Year-Old Insurance Company Just Bought $100M in Bitcoin

MassMutual becomes the latest announced institutional buyer of bitcoin, and this one could be even more significant in terms of precedent.

Breakdown 12.11 - MassMutual Bitcoin

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First Mover: Stimulus Bet Wins Even as Bitcoin Slips Below $18K

MassMutual's push into bitcoin shows increasing adoption – of the narrative the cryptocurrency can work as a hedge against central-bank money printing.

It's taking bigger numbers to count the dollars and euros outstanding.

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Wallets With Over 1,000 Bitcoin Have Hit Record Number: Chainalysis

The data backs the popular narrative that institutional bitcoin investors have been leading the 2020 price rally.

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Bitcoin Whales Buy Low, Sell High; Retail Investors Chase Rallies: Data

Data from OKEx gives one explanation of how bitcoin whales were able to influence the market during the rallies.

Data indicates bitcoin "whales" have been making profits throughout 2020.