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“# Price analysis 2/17: BTC, ETH, DOT, ADA, XRP, BNB, LTC, BCH, LINK, XLM ” Bitcoin (BTC) is gradually gaining ground on gold, the traditional store of value. Data shows that one ounce of gold can only buy 0.0352 Bitcoin as of Feb. 17, the lowest amount of BTC eve. This shows that Bitcoin has…
“# Tesla, Bitcoin and the crypto space: The show Musk go on? Experts answer ” While 2020 was a significant year for Bitcoin (BTC), the just-begun year of 2021 is already full of great surprises. On Feb. 8, Bitcoin’s price jumped by almost $3,000 in minutes, then it surged 20% in 24 hours — all…
“# MicroStrategy raising $600M…. no, $900M to buy more Bitcoin ” Following a Tuesday announcement that MicroStrategy would be planning to buy $600 million in Bitcoin through a sale of convertible notes, the business intelligence firm has upped the ante by another $300 million. MicroStrategy said today it would be selling $900 million in convertible…
“# Bitcoin mania ‘not a fad,’ says Wedbush analyst ” Wedbush Securities, a prominent wealth manager based in Los Angeles, California, believes Bitcoin (BTC) is becoming a permanent fixture in the global financial marketplace. Managing director Dan Ives informed clients on Wednesday that corporate adoption of Bitcoin represents a much bigger story than merely predicting…
“# Bitcoin price eyes $63K next as rising BTC dominance puts altcoins at risk ” The current Bitcoin (BTC) price bull run seems almost unstoppable right now as BTC has just notched another new high on Feb. 17. The psychological barrier of $50,000 finally broke yesterday after multiple tests of this level in the previous week. In…
“# Bitcoin buys more gold than ever with one ounce now costing under 0.035 BTC ” Bitcoin (BTC) is now worth more in gold than at any time in its history as the largest cryptocurrency passes $50,000. Data noted by markets commentator Holger Zschaepitz on Feb. 17 confirms that one ounce of gold now buys…
“# Bitcoin volatility lower than 2017 levels as price smashes $51K ” Bitcoin (BTC) has hit a new high above $51,300 in a continuation of its bullish advance that begun in October 2020. According to Bloomberg, the current run is different from the 2017 bull rally that topped out below $20,000 in terms of volatility….
“# Polkadot indicator? Data shows Bitcoin has been following DOT price for months ” Polkadot (DOT) is seeing an impressive 180% gain in 2021 so far, surpassing XRP for fourth place by market capitalization. Polkadot is a multi-chain protocol that has several “parachains,” similar to Ethereum Shards. DOT works on its proprietary technology called Substrate. The platform…
“# Bitcoin selling at 36% premium in Nigeria ” It’s been roughly 11 days since the Central Bank of Nigeria banned all regulated financial institutions from providing services to cryptocurrency exchanges in the country. At the risk of stiff penalties, all banks and institutions were directed to close crypto-related firms’ accounts immediately. In the wake…
“# Bitcoin hits a new high of $51.3K as analyst declares ‘historic’ parabolic advance ” Bitcoin (BTC) hit new lifetime highs of more than $51,200 on Feb. 17 as it tackled what trader Peter Brandt confirms is a “parabolic advance.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin enters uncharted $50,000 zone Data from Cointelegraph…