$14M Bitcoin Fund Gets Listed on Toronto Stock Exchange

A closed-end fund that aims to provide investors with exposure to bitcoin in a regulated asset class has listed on the Toronto Stock Exchange (TSX). Canadian investment manager 3iQ said The Bitcoin Fund, for which it originally filed a prospectus back in October, began trading on the TSX on Thursday. The fund works along the same lines […]

Top Analysts Target Move to $5,000 as Bitcoin Remains Beneath Critical Level

Following Bitcoin’s recent rejection at $7,300, the benchmark cryptocurrency has once again established another bout of sideways trading within the upper-$6,000 region, with bulls and bears reaching an impasse as its near-term trend grows increasingly unclear. Analysts are now noting, however, that from a macro perspective Bitcoin remains firmly bearish as long as it is […]

The world goes down and Bitcoin price goes up?

Raoul Pal, popular investor and Bitcoin advocate in his recent tweet explained the deflationary wave that the world’s economy is currently going through, is the largest one in modern history. Hence, making the possibility of negative Consumer Price Index (CPI) turning negative exceedingly high. Raoul Pal ✔ @RaoulGMI · Apr 3, 2020 Replying to @RaoulGMI […]