Elite Investment Company Blog

Following a torrid December in which the price of bitcoin rose $10,000, three days into the new year it's up another $5,000.

Deribit is now offering traders the ability to bet on bitcoin's rally reaching $200,000 by late December.

Bitcoin is no longer limited to a single chain, meaning altcoins like ether are trending towards irrelevancy, says the neuroscientist and DeFi entrepreneur.

Coinbase Pro exchange registered an outflow of over 35,000 bitcoin worth more than $1 billion early Saturday.

On Nov. 30, bitcoin breached a nearly three-year high of $19,793. Since then the cryptocurrency has gained more than $11,000.

While Bittrex gave no reason for the removals, exchanges around the world have been moving to delist coins that seek to hide the activity of their users.

Vision Hill's Dan Zuller runs through his 10 takeaways from institutional crypto investing, and looks ahead.

"I would expect to see bitcoin charge past $30,000 as we enter the new year,” said one market observer.

The number of entities holding at least 1,000 bitcoin rose to a new record high on Wednesday.

COVID-19 ravaged the world's economies but prompted mainstream financial markets to start taking bitcoin seriously. A look back at the year in bitcoin.

So far, the SEC has considered many applications for bitcoin-based ETFs and rejected them all.

Institutional investors are perceived to be driving this record-setting run.