Archive: Bitcoin
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Institutional Bitcoin Is Here to Stay
By Adam Sharp on December 18, 2020
It’s official. The institutional move into bitcoin is underway. Large multi-billion dollar firms are now coming into the market. And I think it’s just getting started. Insurance giant MassMutual announced last week that it had purchased $100 million worth of BTC. It also took a $5 million equity stake in New York Digital Investment Group, a digital asset management firm. MassMutual is one of the largest insurers in the…
Bitcoin Breaks Past $20,000 Mark
By Vin Narayanan on December 17, 2020
Bitcoin did it! On Wednesday, bitcoin cracked the $20,000 mark and set a new all time high at $22,065.07. When I wrote to you last week, bitcoin was trading around $18,000. And I was hoping bitcoin would hang out around $18,000 for a…
Crypto Pullback Provides Buying Opportunities
By Adam Sharp on December 11, 2020
Crypto prices have pulled back from recent highs over the last week. Bitcoin is trading around $18,000. Ethereum is around $548. Smaller altcoins on the whole have pulled back sharply. This is completely normal action during a bull market. A larger pullback wouldn’t surprise me either.
Slow and Steady is the Key to a Strong Crypto Asset
By Vin Narayanan on December 10, 2020
Slow and steady isn’t necessarily a bad thing — especially in crypto. Over the last seven days, the price of bitcoin has dropped about $1,000. As I write this, bitcoin is trading around $18,200. And that’s OK. In fact, if bitcoin decides to pitch a tent…
Don’t Be Fooled by Crypto Hype
By Adam Sharp on December 4, 2020
Lately I’ve been extremely bullish on crypto. And for good reason. But I want to take a step back today. I want to make sure we don’t get too far ahead of ourselves. It will take time for these big institutional firms to fully move into…
Exclusive Crypto Update: The 2020 Crypto Surge
By Early Investing on December 3, 2020
The crypto markets are surging. Bitcoin is trading at more than $19,000. And the First Stage Investor crypto portfolio is in terrific shape. Monero is up 72% since we recommended it. Litecoin is up 82%. Ethereum is up 107%. Bitcoin is up 466%.
Diversify Your Crypto Portfolio
By Vin Narayanan on December 2, 2020
Bitcoin cracked the $19,800 mark this week. It’s likely only a matter of time before bitcoin tops $20,000 and sets new all time highs. Who knows? As you read this, bitcoin could already be over $20,000. It’s a terrific time to be a bitcoin investor. In…
Exclusive Video: Bitcoin and the Crypto Market
By Early Investing on November 24, 2020
Bitcoin cracked the $18,000 mark last week. And it’s primed to hit new all-time highs in the near future. So Andy Gordon and Vin Narayanan dusted off their crypto crystal ball for this special video. They let you know (among other things): How long the bull…
Crypto Monitor: Bitcoin Bull Run Charges Ahead
By Early Investing on November 20, 2020
It is an exciting time to be in the crypto markets! Bitcoin cracked the $18,000 mark this week and looks poised to continue its bull run. And select altcoins are surging alongside bitcoin. So how high will bitcoin surge? How long will this crypto bull market last? When…
Bitcoin: This Bull Run Is Going to be Epic
By Adam Sharp on November 20, 2020
The crypto bull market is heating up. Bitcoin is leading the way — it reached more than $18,000 this week. That’s approaching the all-time high of nearly $20,000. The last time bitcoin was near this price was December of 2017. Bitcoin’s price had risen from $434…
Crypto Rally Stays Strong
By Adam Sharp on November 13, 2020
Bitcoin and the alts have had an excellent few months recently. Bitcoin is over $16,000 and approaching new all-time highs. Altcoins are rallying with strength as well. I continue to believe that Bitcoin is the safest way to play this market. However, altcoins have come to…
Bitcoin Soars Over $15k
By Adam Sharp on November 6, 2020
It’s been an amazing few weeks for bitcoin, ethereum and other coins. Interest in these alternative assets is absolutely soaring. What’s driving all of this? I believe the world’s troubling financial situation is beginning to register with the average investor (you, of course, have known about…
Iran Loosens Bitcoin Restrictions
By Adam Sharp on October 30, 2020
Some interesting crypto news broke this week. Apparently Iran has changed its laws to allow cryptocurrency to be used for purchasing imports. According to Decrypt (a pretty reliable crypto news outlet), crypto miners will have to sell coins directly to Iran’s…
Bitcoin’s Growth is Just Beginning
By Adam Sharp on October 23, 2020
Well, that happened faster than expected. Last Friday I wrote a piece for Early Investing about how bitcoin was in a very sweet spot. I covered the bullish institutional case, along with other factors leading to a very positive environment.
Bitcoin and Crypto Poised For Big Gains
By Adam Sharp on October 16, 2020
Bitcoin dropped slightly today on news that Korean crypto exchange OKEx is under investigation by Korean authorities. OKEx has suspended withdrawals — apparently due to at least some of its holdings being held by police. This is not great news. But…
Bitcoin is Looking Better Than Ever
By Adam Sharp on October 16, 2020
Long-time readers know I’m always bullish on bitcoin over the long-term. But recently I’ve become extremely bullish over the short- and mid-term. Let me tell you why. On October 7th, Square — a publicly-traded $82 billion financial giant — announced that they purchased $50…