Bitcoin analysts say this week’s quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether.
ARK Invest Boosted Its GBTC Holdings by 2.14M Shares in Q4
Cathie Wood’s asset manager significantly boosted its stake in the Grayscale Bitcoin Investment Trust.
First Mover: Tesla Sends Bitcoin Mooning Past $44K as Snoop Wins #dogebowl
Electric-vehicle entrepreneur Elon Musk follows through with a $1.5 billion purchase after adding “#bitcoin” to his Twitter profile late last month.
Crypto Long & Short: GameStop, Dogecoin y un nuevo paradigma de mercado
Crypto Long & Short: GameStop, Dogecoin and a New Market Paradigm
We’re not just witnessing the changing nature of market forces. We’re also seeing a shift in the definition of market “fundamentals.”
First Mover: Elon Musk #Bitcoin Moment Adds to Dogecoin, GameStop Wackiness
The GameStop-galvanized “bear raid” by retail stock traders appears to have terrified Wall Street, but crypto-industry marketeers are salivating over the prospect of new customer leads, and more demand.
First Mover: Risks Nobody’s Ever Seen, From the Fed to Tether (and GameStop)
Risks surrounding the stablecoin tether (USDT) have been known for years, but they’re commanding fresh attention as the amount outstanding swells to $25B.
Cathie Wood: More Tech Companies Will Adopt Bitcoin Treasury Reserves
Wood said large companies are asking her if they should follow Square’s lead.
Cathie Wood: Bitcoin ETF Approval Unlikely Until Market Cap Rises to About $2T
“The flood of demand has to be satisfied” for the SEC to feel comfortable with a bitcoin ETF, said Wood.