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Bitcoin Magazine Pro

MARKETS

Report: $48 Billion Hedge Fund Millennium Management Had GBTC Exposure

Dylan Leclair -
Millennium Management, one of the world’s largest hedge funds, reportedly had exposure to Grayscale Bitcoin Trust as NAV fell steeply.
BUSINESS

Riot Blockchain To Purchase 42,000 Antminers For $138.5 Million

Dylan Leclair -
North American bitcoin mining company Riot Blockchain will purchase 42,000 bitcoin mining rigs, upping its hash rate to 7.7 EH/s.
MARKETS

In Bullish Report, Bloomberg Predicts $400,000 Bitcoin Price In 2021

Dylan Leclair -
In its latest monthly “Crypto Outlook” report, Bloomberg outlined the “rising bitcoin adoption tide” with some bullish sentiment.
BUSINESS

Fidelity, Square And Coinbase Launch Cryptocurrency Trade Group

Dylan Leclair -
Four institutions with significant stakes in the success of Bitcoin launched a trade group to lobby policymakers for favorable regulation.
MARKETS

Grayscale Announces Intention To Convert GBTC To ETF

Dylan Leclair -
Grayscale Investments plans to convert its Grayscale Bitcoin Trust, the world’s largest such product, into a bitcoin exchange-traded fund.
BUSINESS

JP Morgan Revises Bitcoin Target To $130,000, Citing Decreased Volatility

Dylan Leclair -
The financial giant is gradually becoming more bullish on Bitcoin and institutional adoption.
BUSINESS

Coinbase Receives Approval For Public Listing

Dylan Leclair -
Coinbase has received regulatory approval for its planned direct listing and is expected to start trading on April 14.
MARKETS

CME Group Introduces Micro Bitcoin Futures Contract

Dylan Leclair -
CME Group, one of the largest derivatives marketplace in the world, has introduced a micro bitcoin futures contract.
MARKETS

BNY Mellon Releases Report On Future Bitcoin Valuations

Dylan Leclair -
The country’s oldest banking institution has taken a deep dive into the future of bitcoin’s value through a new report.
MARKETS

The Trojan Horse: Bitcoin is “Just” Digital Gold

Dylan Leclair -
Bitcoin’s comparison as “merely” digital gold demonstrates that legacy financial bureaucrats are in for a rude awakening.
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