Day: January 26, 2021

Cathie Wood: Bitcoin ETF Approval Unlikely Until Market Cap Rises to About $2T

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Ark Investment Management CEO Cathie Wood said she doubts U.S. regulators will green-light a bitcoin exchange-traded fund before the original cryptocurrency’s market cap hits $2 trillion. “The flood of demand has to be satisfied so it’s going to have to get well over a trillion dollars – $2 trillion, I think, before the [U.S Securities and Exchange Commission] will feel comfortable about” a bitcoin ETF, Wood said at Tuesday’s ETF Trends Big Ideas event. Bitcoin’s market capitalization hovered a tick under $600 billion at press time Tuesday. Wood was bullish…

Best 3 Free Bitcoin Mining Website 2021 How to get Free BTC Mining easily

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Welcome to this video In this video, I wanna show Best 3 Free Bitcoin Mining Website 2021 How to get Free BTC Mining easily. Free bitcoin mining is one of the best ways to make money online from home on your computer or Mobile phone. You don’t need any skill or knowledge or investing any money or any previous experience. so watch this full video. to get started. If you like my videos, please SUBSCRIBE and Click the Notification BELL 🔔(ALL) for…

DeFi tokens bag double-digit gains as bears pin Bitcoin price below $33K

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Today Bitcoin (BTC) price continued to face selling pressure in the $32,500 to $33,000 resistance cluster and this led to a mild 3% to 5% pull back from most altcoins. Despite the recent revelation that BlackRock, the world’s largest asset manager, has given the green light for two of its funds to invest in Bitcoin futures, BTC price still struggles to gain momentum above the $33,000 level. Daily cryptocurrency market performance. Source: Coin360 Meanwhile, the DeFi sector continues to flourish as Venus (XVS) and Fantom (FTM) saw their prices increase…

Bitcoin going to $100K, then $150K, then $200K: Palihapitiya

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Chamath Palihapitiya says he sees bitcoin going to $200K down the road, and what he discusses what he believes to be the future for Virgin Galactic. I really believe in the business, he says, it’s an incredible team. Subscribe to CNBC PRO for access to investor and analyst insights on bitcoin and more: Bitcoin smashed through $40,000 to hit a new record high on Thursday helping to lift the total value of the entire cryptocurrency market above $1 trillion for the first…

Iranian government reportedly moving to block Signal messaging app

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Signal is reportedly under attack from Iranian authorities as interest is surging amid speculation the government already has access to users’ information on other popular messaging apps. According to Al Jazeera, many users of the privacy-focused messaging app in Iran have reported being unable to connect since Signal took the top position at the Google Play Store in the country this month. The app has already been removed from Iranian app stores Cafe Bazaar and Myket. In a tweet, Signal claimed it was “#1 on the Iranian government’s block list”…

2 key metrics suggest Bitcoin price won’t be pinned below $33K for long

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Over the last 48 hours, Bitcoin (BTC) price climbed from $31,000 to $34,800 before reversing course and dropping the majority of these gains. While this $3,800 shift to the downside might not seem significant, the 12% oscillation liquidated $660 million worth of futures contracts. While it’s unlikely that there will ever be a definitive answer behind the move, on Jan. 25, President Joe Biden voiced his willingness to lower the $1.9 trillion stimulus package. This might have reduced incentives for those buying BTC as an inflation protection or a hedge…

IT'S OFFICIAL! New ALL TIME HIGH for Ethereum Leads the Way for Ripple XRP Price Chart and Altcoins!

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Popular Youtuber Successfully Turns $16K in BTC Into Cash – Featured Bitcoin News

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On January 23, 2021, the popular Youtuber Mambafx published a video of himself withdrawing $16,000 in cash from bitcoin ATMs. The video shows how it took multiple bitcoin ATMs to complete the process but by the end of the 17-minute film, Mambafx withdrew over $16k by selling bitcoin to the automated teller machines. Mambafx is a popular popular trader on Youtube and various social media outlets. Just recently, he filmed a video about cashing out some bitcoin. In a previous Youtube video, Mambafx showed how difficult it was to cash…

Market Wrap: Bitcoin Slips to $30.8K While Investors Plow BTC Back Into DeFi

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Bitcoin has been in a $30,000-$35,000 range for almost a week at a time when some market participants are seeking out ether and other crypto to trade during the perceived doldrums. Bitcoin (BTC) trading around $32,003 as of 21:00 UTC (4 p.m. ET). Slipping 4% over the previous 24 hours. Bitcoin’s 24-hour range: $30,875- $32,967 (CoinDesk 20) BTC above the 10-hour but below the 50-hour moving averages on the hourly chart, a sideways signal for market technicians. Bitcoin trading on Bitstamp since Jan. 23.Source: TradingView Bitcoin’s price fell Tuesday, going…

Yanhao “Max” Wei: Bubbles Are Good for Bitcoin

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Over the last few weeks, the price of bitcoin has hit a record high of more than $41,000, blowing past the 2017 bubble high point of $19,783. The price has since declined relatively rapidly, and questions have arisen about what’s next for this latest bubble. This presents an opportune moment to analyze why these bubbles form and what they mean for the future of bitcoin. Price volatility causes market uncertainty and is often viewed as detrimental. However, for bitcoin, the price volatility – such as this recent bubble and past…