Bitcoin is being outpaced by some of the smaller and faster-growing cryptocurrencies. The dynamic has lessened Bitcoin’s dominance, with total assets under management for Bitcoin-related investment products falling 20% to $39 billion in December, according to a report from CryptoCompare. The decline reduced Bitcoin products’ portion of total digital-asset investment vehicles to 67.8% from 70.6%, […]
Bitcoin on Balance Sheets
The first quarter of 2021 witnessed increasing institutional involvement in cryptocurrencies and public companies Tesla and Square join Microstrategy in adding Bitcoin to their balance sheets. Source: CoinDesk