Bitcoin Price On The Mend After 17% Weekend Correction This article was originally posted on The Bitcoin News - a trusted site covering numerous topics related to Bitcoin since 2012. After a 17% pullback [...]

This article was originally posted on The Bitcoin News - a trusted site covering numerous topics related to Bitcoin since 2012. After a 17% pullback [...]

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CRYPTO VICTIMS DELCARE WAR ON BITMIXERS: Bitblender Public Site Suspended This article was originally posted on The Bitcoin News - a trusted site covering numerous topics related to Bitcoin since 2012. “White Hat” crypto lawyer [...]

This article was originally posted on The Bitcoin News - a trusted site covering numerous topics related to Bitcoin since 2012. “White Hat” crypto lawyer [...]

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Proof of institutional investments ramping up

Stock vehicle $GBTC, aka the grayscale Bitcoin investment trust, holds 230,000 Bitcoin that can be owned by proxy on the stock market.

Well, they held 230,000 Bitcoin until last week, when they announced they were opening the fund for more investment. They are purchasing more Bitcoin to expand the trust, and allowing institutional investors to chip in money to buy new Bitcoin shares.

https://grayscale.co/bitcoin-trust/

In the past week, they have purchased an additional 11,000 Bitcoin (represented by another 11,000,000 shares, or 110 million dollars). These are cold storage Bitcoin held by Xapo, never to see the light of day again. Off the exchanges, out of day traders' reach.

Who know how much more buying is going on with other institutions that aren't so transparent?

If you want your own Bitcoin, lay your claim now and get it off the exchange. Big businesses are coming for your coins!

Edit: they bought another 1000 Bitcoin since I made this post. Up to $120 million!

submitted by /u/Red_Bagpipes
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We have entered the next stage: It is now BTC versus USD for the title of World Reserve Currency. Both the US President & US Treasury Secretary have said so this week.

In tweets and press conferences that they initiated this week to talk about Bitcoin, both the President of the United States and the US Secretary of Treasury have defended the dollar against Bitcoin as the World's Reserve Currency.

This is not a time-traveler post. This happened.

The debate is on. What will be the worlds reserve currency for the next few hundred years? Bitcoin or USD?

BTW, current market cap (in USD):

USD: 14,837,207,186,000 BTC: 193,875,371,545 

submitted by /u/mocoiner
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Cointext.io CEO Vin Armani’s “Pilgrimage to Porcfest” Speech

submitted by /u/FTL_Ian [link] [comments]

source https://www.reddit.com/r/btc/comments/cdrtye/cointextio_ceo_vin_armanis_pilgrimage_to_porcfest/

Bullish! SEC to hire digital assets experts...

submitted by /u/Juliett27 [link] [comments]

source https://www.reddit.com/r/btc/comments/cdrqro/bullish_sec_to_hire_digital_assets_experts/

Analyst: Bitcoin Ban Extremely Unlikely Post-U.S. Treasury’s Comment This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

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