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“# 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…
“#Ken Griffin blasts ‘insane conspiracy theory’ that he helped tank ‘Reddit Rally’” Ken Griffin brushed off accusations that his massive hedge fund Citadel Investments had a hand in spoiling the “Reddit Rally,” calling it an “insane conspiracy theory.” Fresh off his Thursday testimony on Capitol Hill on last month’s surprise surge in shares of GameStop…
“# 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,…
“# Data show bulls are in charge of this month’s $3.2B Bitcoin options expiry ” After a 160% increase over the past 3 months, the open interest on Bitcoin (BTC) options reached a new record-high at $12 billion. While this number might seem unusually high, it makes sense that the figure would increase as Bitcoin’s…
“# Price analysis 2/19: BTC, ETH, BNB, DOT, ADA, XRP, LTC, LINK, BCH, XLM ” Bitcoin (BTC) price finally reached a $1 trillion market capitalization on Feb.19, which is an important milestone because as BTC gains size, the digital asset will continue to attract new institutional investors who will consider allocating a portion to their portfolios….
“# OKCoin delists two Bitcoin forks over ‘malicious misinformation’ campaign ” While the original Bitcoin rallies past a $1 trillion dollar marketcap, two forks of the world’s most popular cryptocurrency have instead lost a source of liquidity as crypto exchange OKCoin delists BSV and BCH. In a blog post today, OKCoin CEO Hong Fang explained…
“#Bitcoin’s market value tops $1 trillion as rally continues” Bitcoin’s market value surged past the $1 trillion mark Friday as the world’s largest cryptocurrency continued its staggering rally. The milestone came as the price of a single bitcoin rose to a fresh all-time record of $54,827.69 shortly before noon, putting it up about 5.6 percent…
“# You’ve got the power? Legacy banks aim high with new crypto offerings ” Reports that legacy banks like BNY Mellon and Deutsche Bank are becoming active in the cryptocurrency space, including through custody services, should come as welcome news for crypto investors. Lost or misplaced private keys, after all, are a bane of the…