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“# Bitpay’s CCO says Bitcoin could hit $45K in a month, but there’s a catch ” An increasing number of mainstream giants have put their money into Bitcoin in recent months. While some speculate that these firms intend to hold their Bitcoin investments for years, Bitpay’s chief commercial officer isn’t so sure. He thinks that…
“# Hegic, Loopring, and FTX Token surge higher as Bitcoin price recovers ” Bitcoin price may have taken a temporary breather but the sharp correction below $30,000 did little to dismay the bullish sentiment of crypto market participants. The CME Bitcoin futures market reached an all-time high volume at $2.7 billion on Jan. 4 and…
“# 5 reasons why Bitcoin price just reclaimed $33,000 ” Two weeks ago, few investors would have expected Bitcoin (BTC) price to rally any higher than $20,000. In fact, most had forecast a $30,000 BTC price by mid-2022 or late 2023 at best. This means that many holders were likely caught by surprise as BTC price…
“# The crypto and blockchain projects with the biggest buzz in 2020 ” The cryptocurrency and blockchain industry grew by leaps and bounds in 2020. The top two assets, Bitcoin (BTC) and Ether (ETH), gained 303% and 469%, respectively, which can be considered extraordinary in comparison with the 25% return of gold. While the precious…
“# Mark Cuban says he’ll run for president if BTC hits $1M ” Responding to a tweet from billionaire Chamath Palihapitiya, Mark Cuban said he would run as a U.S. presidential candidate, under a specific set of circumstances. “I’ll run if BTC gets to $1m AND we can get commitments to donate 350 BTC to…
“# Canaan releases liquid-cooled A1066I Bitcoin miner ” Canaan, one of the earliest manufacturers of Bitcoin (BTC) ASIC miners, has released the Avalon Immersion Cooling Miner A1066I, a device designed to be liquid-cooled. Unlike traditional air-cooled devices and common types of liquid cooling for enthusiast PCs, the A1066I’s electrical components are submerged in a special…
“# Institutions are thrilled that you’re selling, suggests OKCoin COO ” A number of mainstream companies have picked up massive piles of Bitcoin (BTC) since summer 2020. Meanwhile, the asset surged past its 2017 record high near $20,000, recently cracking $34,000 before pulling back toward $27,700. The dip, however, has created some serious buying pressure,…
“# Got coronavirus stimulus? Buying Bitcoin has already offered 12% returns ” Americans who received their second coronavirus stimulus checks on Dec. 29 have already gained 12% — if they invested it in Bitcoin (BTC). As the United States government rolls out another round of “free” money to eligible residents, attention is fixed on how…
“# Is Bitcoin’s vertical rally in danger? Why $30K isn’t the only level to watch ” Bitcoin (BTC) had a tremendous 2020 as the BTC price rallied by 311% in 2020. In the shadows of Bitcoin, Ether (ETH) has also been seeing a fantastic year as Ether’s price rallied by an even bigger 475%. While…
“# The institutional herd is here: Bitcoin volume on CME, LMAX hits new records ” The daily volume of the CME Bitcoin (BTC) futures market and LMAX achieved a new all-time high on Jan. 4. The data show that the institutional demand for BTC is rapidly surging as major public funds continue to accumulate. Institutional…