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“# Tesla made $1B profit on its Bitcoin buy, says analyst ” American electric car giant Tesla has seen some massive gains from its Bitcoin (BTC) investment, reportedly having made up to $1 billion in profit, according to a new report. An analyst at Wedbush Securities, a private investment firm in the United States, has…
“# Bitcoin pizza all over again — delivery driver reportedly cashes in on $400 BTC tip ” A driver who held $5 in Bitcoin (BTC) as a tip for his pizza delivery services has reportedly resurfaced after seven years. According to a post from Redditor btcbible, the Bitcoiner ordered a pizza on Dec. 28, 2013…
“# Top 5 cryptocurrencies to watch this week: BTC, AAVE, ATOM, NEO, VET ” The Purpose Bitcoin (BTC) exchange-traded fund debuted on the Toronto Stock Exchange on Feb. 18 and has quickly ramped up trading volumes of about $400 million worth of shares in two days. This is quite impressive, considering that the equity market…
“# A Bitcoin price dip for ants? BTC quickly rebounds to a new high above $57K ” The price of Bitcoin (BTC) dipped to as low as $53,905 on Binance overnight, recording a sudden 6% drop. But despite the minor correction, the price of Bitcoin quickly recovered thereafter, reaching a new all-time high above $57,800 on…
“# Bitcoin skeptic debates Bloomberg analyst in latest Cointelegraph Crypto Duel ” In a recent video debate, Bitcoin skeptic Frances Coppola debated Bloomberg senior commodity strategist Mike McGlone on the economics of Bitcoin, market manipulation and predictions for 2021. Coppola is skeptical that Bitcoin will ever succeed as a store of value because of its…
“# Bitcoin price must now hold above these levels to break $60K ” Bitcoin’s (BTC) price has been consistently rallying in the past few weeks, reaching its latest new high of around $57,500 on Feb. 20. The week has seen more bullish news such as the first German listed company allocating its cash reserves to…
“# In the eye of the beholder: What gives Bitcoin its value in 2021? ” Notable mainstream attention has shifted toward Bitcoin amid its meteoric rise, with the asset having recently tapped over $52,500 per coin. Bitcoin (BTC) has seen an increasing wave of interest from mainstream companies, gaining status as a hedge, unique from…
“# $56.3K Bitcoin price and $1T market cap signal BTC is here to stay ” As Bitcoin (BTC) price pushed above $55,300 in the morning trading session, its market cap surpassed $1 trillion for the first time on Feb. 19. The breakout continued throughout the day and within the past hour BTC price hit another…
“# Bitcoin’s market cap flipped Tencent on its way to $1 Trillion ” At approximately $1 trillion, Bitcoin’s market cap has blown past Tencent, which holds a valuation of roughly $917.8 billion at time of publication, according to AssetDash rankings. Crypto’s largest digital asset is now sixth on AssetDash’s list of top market cap…
“# Cointelegraph commemorates Bitcoin hitting $50K with an exclusive NFT ” By now it probably hasn’t escaped your attention that earlier this week the original (and many would argue, still the best) cryptocurrency, Bitcoin, broke through the $50,000 price point for the first time in its history. Whether you are a newcomer to the party,…