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“# ARK Invest lays out what it would take for Bitcoin to hit $70K ” The Bitcoin (BTC) price could be headed a lot higher as more companies allocate a portion of their treasuries to the digital asset, according to new research from ARK Invest. In its annual Big Ideas report, ARK said Bitcoin’s price…
“# Elon Musk, Bitcoin and the Reddit raiders: 6 things to watch for BTC price this week ” Bitcoin (BTC) starts a new week with $30,000 intact and a message of support from the world’s richest man — what can we expect next? As trading resumes around the world, the largest cryptocurrency is still lacking…
“# Kiss rocker Gene Simmons is bullish on DOGE and XRP ” Gene Simmons, a rock and roll legend and a known fan of cryptocurrencies like Bitcoin (BTC), has reaffirmed his bullish stance on crypto by purchasing several cryptos. The Kiss frontman said on Feb. 1 that he now owns several cryptocurrencies including XRP and…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ATOM, COMP ” Over the past seven days, the crypto market saw an uptick in volatility as Bitcoin (BTC) and Dogecoin (DOGE) price rallied higher simply because of social media activity. In situations like these, traders who make their investment decisions based on emotions…
“# ‘When alt season?’ eToro may have some answers ” Investors who knew when to swap Bitcoin (BTC) and altcoins could have boosted their gains significantly in 2020, according to new research from eToro, the popular social trading platform. The challenge, of course, is pinpointing when the coveted alt season begins. In its latest quarterly…
“# Thanks Bitcoin, MicroStrategy stock is up 113% since being downgraded by Citigroup ” On Dec. 8, 2020, Citigroup, one of the largest banks in the world, downgraded MicroStrategy’ss stock (MSTR). Since then, MSTR stock is up 113.27% from $289.45 to $617.31, as the price of Bitcoin (BTC) rallied. In the same period, the Citigroup…
“# Bitcoin ‘ascendant’ as GameStop saga unfolds, Bitfinex CTO says ” The sudden rise of stocks like GameStop (GME) have shined a positive light on Bitcoin (BTC), as more retail investors look to “rail against” the financial status quo, according to Bitfinex CTO Paolo Ardoino. Bitcoin’s price peaked north of $38,500 on Friday, just as…
“# Is the weakness of Bitcoin after the ‘Elon Musk pump’ hinting at a bull trap? ” The price of Bitcoin (BTC) is showing overall weakness as it struggles to establish $34,000 as a support level. Overall, BTC appears to be stagnating without signs of a short-term relief rally, leading traders to be cautious. One…
“# Bitcoin price chart shows ‘Elon Musk’ pump was an outlier — So what happens now? ” Bitcoin (BTC) has seen a very volatile week, as the price of Bitcoin jumped around from $32,000 to $38,500 and back toward $33,000 in a matter of 24 hours. The initial spike to $38,500 happened in minutes after…
“# BTC billionaire Tim Draper to Elon Musk: I’d buy the Tesla Cybertruck with Bitcoin ” Tim Draper, the billionaire Bitcoin (BTC) investor who also invested early in Tesla, reacted to the company’s CEO and world’s richest man, Elon Musk, adding #Bitcoin to his Twitter bio to join the likes of Twitter CEO Jack Dorsey…