Trending Bitcoin News #38 - October 6th, 2018

2년 전

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Yale’s Own “Warren Buffett” Takes Up Positions in Two Cryptocurrency Funds

"...It has emerged that one of the planet’s most respected endowment managers has taken up positions in the cryptocurrency space. David Swensen has managed Yale University’s almost $30 billion endowment fund since the mid-eighties, earning him great esteem as an investor... According to a blog post about the fund, it is focused on “long-term, patient” investments in crypto. The fund will be taking up positions in up-and-coming startups and platforms with solid use cases, as well as established digital assets such as Bitcoin and Ether..."

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Rapper Soulja Boy Brags About Bitcoin Gains in New Rap Track

"...Famous rapper Soulja Boy might just be a bitcoin hodler. The 28-year-old musician, perhaps best-known for his debut single "Crank That," debuted a new song about bitcoin in his latest album "Young Draco." Simply titled "Bitcoin," the track describes how Soulja "made [$1] million off of bitcoins" after seemingly buying in at $6,000. ..."

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China’s Oldest Science and Tech Publication Accepts BTC for Subscriptions

"...On Sunday China’s oldest tech media publication, Beijing Sci-Tech Report (BSTR) also known as ‘Technology life,’ has announced the business is accepting bitcoin core (BTC) for the magazine’s 2019 subscriptions..."

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Zero to 30: Bitcoin ATMs Come to Argentina as Peso Dives and Inflation Soars

"...With inflation in Argentina expected to rise above 40 percent before the close of the year, the demand for bitcoin in the South American country has surged, resulting in cryptocurrency ATM firms projecting a large increase in the number of devices they plan to install in the country..."

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Bitcoin Technical Analysis: WAITING TO MOVE

"...Bitcoin continues to tighten as it makes it’s way towards a larger move. I’m seeing a smaller wedge within the larger one. Price is approaching the apex of the smaller wedge, suggesting we might see a move in the next few days. I don’t expect it to be the major move we’re all waiting for, but we will likely see a breakout of the small wedge within the next few days..."

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