Sunday, February 28, 2021

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Tag: XBT

Coinbase Considers Bitcoin Creator A Risk To Business, Here’s Why

February 26, 2021 admin0

Popular Bitcoin (BTC) exchange platform Coinbase has filed to go public this week. Within the company’s filing with the US Securities and Exchange Commission, it has been revealed that the San Francisco-based giant considers a comeback from the coin’s creator Satoshi Nakamoto a serious risk to its business. Here’s why the crypto exchange is so […]

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Fractal From Last Bull Run Says Bitcoin Will Hit $100K By May

February 25, 2021 admin0

Bitcoin price is back over $50,000 after bullish news broke this morning regarding Coinbase officially filing to go public. However, according to a fractal from the last bull market cycle kicking off in early 2017, that number could be merely the halfway point to where the cryptocurrency will trade in just two months from now. […]

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5% Of Bitcoin Supply Expected To Be Used As Collateral By 2023

February 24, 2021 admin0

Only recently has the world of finance open its eyes to the potential of Bitcoin. As the asset’s price climbs, the various use cases it could serve also comes to light. According to new data, as much as 5% of the total BTC supply is projected to be used as collateral by the year 2023. […]

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Clear Skies For Bitcoin As Tether Settles With NYAG

February 23, 2021 admin0

A dark cloud has been lifted from Bitcoin, and it could mean clear skies for the crypto market for here on out. Why? The most dangerous potential “black swan” hanging over the crypto market for years, has now been significantly derisked. According to breaking news, the company behind the stablecoin Tether and crypto exchange Bitfinex, […]

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Whales Move $1.6B In Bitcoin Ahead Of Nearly 20% Selloff

February 22, 2021 admin0

Bitcoin price has been in a steady uptrend for months now, but a sudden sharp selloff turned the crypto market into a sea of red today. Ahead of the market turning red, a whale was spotted moving a substantial amount of BTC to a popular cryptocurrency exchange, taking reserves to the highest level all year. […]

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Bitcoin Market Cap Tops $1 Trillion For First Time Ever

February 19, 2021 admin0

Bitcoin price just touched $54,000 per coin, and at a circulating supply of more than 18.6 million BTC, that brings the total market cap of the first ever cryptocurrency to $1 trillion. Here’s what this incredible milestone means for the leading cryptocurrency in the the market. From $100 Billion To $1 Trillion In A Year […]

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One Year Later: Bitcoin Emerges As “The Stimulus Asset”

February 18, 2021 admin0

Bitcoin price is trading at above $52,000 currently, yet less than one year ago from today it struggled to crack $10,000. Failure sent the cryptocurrency plummeting to Black Thursday lows, but from there confirmed the bear market was over, and has been in an uptrend ever since. During that time, compared to all other assets, […]

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Career Commodities Trader Calls Bitcoin Chart Parabola “Historic”

February 17, 2021 admin0

Bitcoin blasting above $50,000 per coin made it clear that the parabola would continue, marking the third major parabolic phase in the cryptocurrency’s short lifecycle. Commodities trader Peter Brandt has seen many price charts throughout his storied career. This sort of behavior in an asset is rare, according to Brandt. But three times? That’s “historic,” […]

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No End In Sight: Record-Setting Bitcoin Rally Breaks Past $50,000

February 16, 2021 admin0

Bitcoin price has been on an absolute tear, setting record after record over the last several months. After consolidating for weeks at a level more than double the last cycle’s peak, Bitcoin is back to making new highs and now has now traded at $50,000 for the first time in its more than decade long […]

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Bitcoin Hasn’t Reached Mania Stage Yet, According To This Metric

February 15, 2021 admin0

Everywhere you turn on the internet – from mainstream media to Twitter, Reddit, and more – the conversation centers around Bitcoin. Celebs are promoting it, companies are now holding it, and even cities are considering the cryptocurrency. According to metrics, however, Bitcoin hasn’t yet reached mania stage, but it might do so before the next […]

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