Bitcoin News Roundup for Feb. 1, 2021

With BTC stalling and the price of silver soaring to eight-year highs, CoinDesk’s Market Daily is back with the latest news roundup. Add Markets Daily to your Alexa Flash Briefing here. This episode is sponsored by Nexo.io. Today’s stories: Silver Is the New GameStop as Musk’s #Bitcoin Stalls As bitcoin trades in a range, traders are studying the “Grayscale premium” and watching traditional markets for clues to the next market move. The hedge fund Greylock is known for making bets on the government debt of troubled nations like Argentina, Lebanon…

Elon Musk Supports Bitcoin, Says BTC on the Verge of Broad Acceptance – Featured Bitcoin News

Spacex and Tesla CEO Elon Musk has clarified his position on bitcoin and dogecoin. He confirmed that he supports bitcoin, stating that it is “a good thing.” Admitting that he is late to the game on bitcoin, Musk said that he should have bought some eight years ago when his friend fed him a slice of a bitcoin cake. Elon Musk Confirms He Supports Bitcoin In an interview on The Good Time Show via the Clubhouse app Sunday night, Spacex and Tesla CEO Elon Musk talked about bitcoin and dogecoin.…

Best Day Trading and Swing Trading Strategy For Cryptocurrency And Forex

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This price action trading strategy for cryptocurrency and forex will boost your trading performance to another level. Whether you trade cryptocurrency / Bitcoin or forex market for day trading or swing trading you will be able to use it instantly after watching this video. Price action trading strategies allow you to read the market and make impartial trading decisions based on the recent and actual price movements, rather than relying solely on technical indicators. This day trading and swing trading price action…

Bitcoin on the Verge of Mainstream Adoption, Says Elon Musk

Elon Musk has declared that he strongly believes that bitcoin (BTC), the world’s flagship cryptocurrency is now ripe enough to break into traditional finance. Bitcoin has been in the news for all the right reasons since 2020 and it appears the digital currency is set to reach greater milestones in the near future. Bitcoin Gone Mainstream? Recent happenings in the real world, including the ravaging COVID-19 pandemic which has triggered a great reduction in cash use, coupled with the shrinking global economy and rising debt crisis, has succeeded in putting…

Confirming This Pattern Could Send Bitcoin Rocketing Towards $46,000

Bitcoin has seen mixed price action as of late, with bulls and bears largely remaining at odds while the crypto ranges between $30,000 and $40,000 The cryptocurrency has been quite heavy as of late due to the intensity of each of its recent rejections, which has given bears a slight edge However, $30,000 remains a bedrock support level, and a continued bout of trading above here is bullish for BTC One trader is now noting that the cryptocurrency could be positioned to see further upside if it can confirm a…

Axie Infinity escapes Ethereum gas fees as Ronin sidechain goes live

Pokemon-inspired blockchain game Axie Infinity has announced that its long-touted Ethereum sidechain, Ronin, has gone live. Developer Sky Mavis developed the sidechain to ease the pressure of Ethereum network congestion and gas fees on players. The Axie community has grown exponentially over the past year, and Sky Mavis described operating on the Ethereum mainnet as “a bit like training inside the hyperbolic time chamber”; a reference to the popular DragonBall universe. The explosion of decentralized finance, or DeFi, last year saw the Ethereum blockchain struggle to scale, causing delays to…

Bitcoin News: Price Tops $42k (Passes Facebook and Tesla!)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io As always, I’m bringing you the latest Bitcoin and crypto news. Today, we have a lot to talk about. We will be discussing the Bitcoin Price passing Tesla and Facebook in market cap. In other crypto news, Google searches for Ethereum have reached an all-time high, and Coinbase has acquired another startup. YFI is seeing a price spike and volume spike. I’ll also teach you how to use trading volume to spot Alts ready to explode in 2021! Connect with Me &…

Alphabit Digital Currency Fund Deploys Initial Investment in Stratis Protocol and Initiates Coverage – Press release Bitcoin News

PRESS RELEASE. Stratis’ innovative blockchain solutions have attracted the attention of the digital asset investment fund, Alphabit, who have injected an initial investment while committing to a further 8 figure investment over the next 24 months for growth and development of the BaaS ecosystem. 1st February 2020, London, United Kingdom: Blockchain as a Solution (BaaS) service provider Stratis makes decentralized adoption easier for any firm with its innovative products designed to fit seamlessly with legacy operations, by allowing companies access to the Stratis blockchain via the widely-used C# programming language.…