Day: February 16, 2021

Gold bug Peter Schiff gives Bitcoin permission to hit $100K

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The man who once said “Bitcoin will never hit 50K” has doubled down on the bearish prediction that Bitcoin (BTC) will eventually go to zero. Back in 2019, CNBC host Joe Kernen speculated that Bitcoin’s price would reach $55,000 by May 2020. Peter Schiff mocked him at the time, saying “Bitcoin will never hit 50k.” Though somewhat delayed, the price of Bitcoin hit a new all-time high of more than $50,000 this morning after rising 8% this week. Members of Crypto Twitter — including the gold bug’s own son — threw Schiff’s words back…

Cosmos price spikes to a new all-time high as ‘Stargate’ upgrade approaches

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The price of Cosmos’ ATOM has increased 240% since the beginning of February as excitement builds for the approaching Stargate upgrade on Feb. 18 that will help connect all Cosmos-based chains together using Inter-Blockchain Communication (IBC). Data from Cointelegraph Markets and TradingView shows that ATOM was trading at a price of $7.83 on Feb. 1 before a series of positive announcements, including the ability to stake ATOM on Binance, helped lift the token to a new all-time high of $26.68 on Feb. 16. ATOM/USDT 4-hour chart. Source: TradingView Stargate has been…

MicroStrategy Plans to Raise $600M to Buy More Bitcoin, Again

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MicroStrategy announced in a press release on February 16 that it intends to launch a private offering of $600 million convertible senior notes for qualified institutional investors. The company said that the notes will be convertible into cash, or shares of the company’s class A common stock or even the two. Most importantly, MicroStrategy intends to “use the net proceeds from the sale of the notes to acquire additional bitcoins.” MicroStrategy’s Investment in Bitcoin Had Paid Off Bitcoin is gaining more traction with the ongoing investments of large traditional institutions.…

Bitcoin se recupera de la caída después de alcanzar los $ 50K

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Bitcoin alcanzó un nuevo valor máximo al superar los $50.000 esta mañana, después de haber desplazado el exceso de apalancamiento alcista en el mercado de derivados con una rápida caída del precio el lunes. Por un breve momento, y durante las primeras horas de trading en Nueva York, bitcoin superó por primera vez los $50.000. El lunes, los valores de bitcoin habían caído $3.000 hasta situarse por debajo de $45.926 durante las primeras horas de trading en Asia, lo que provocó liquidaciones de posiciones largas por aproximadamente $392 millones en…

CRYPTOCURRENCY BOT 2021. Automated Trading Strategy. How To Setup?

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How to setup an automated Bitcoin or Ethereum network trading strategy to exchange cryptocurrency on Binance Futures. ✅ Link to Binance Grid Trading Documentation: ✅ Our best cryptocurrency trading bot: 👍 And we are still waiting for likes and subscriptions from you my friend. Tags: crypto trading bot 2021, cryptocurrency trading bot 2021, cryptocurrency trading bots, cryptocurrency trading bot, crypto trading, cryptocurrency trading, bitcoin trading bot, altcoin trading bot, daytrade cryptocurrency, bitcoin trading, bitcoin trading bots, bitcoin exchange, best crypto trading bot,…

Ethereum Debuts On CME To $55M In Futures Open Interest

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Ethereum price is trading at just below $1,800 per token after following Bitcoin’s upward trajectory to new all-time highs. Part of the buzz and momentum was generated by the introduction of Ether Futures trading on the Chicago Mercantile Exchange, also known as CME Group. During the altcoin’s debut week, Futures open interest reached a grand total of $55 million. Here’s how the second-ranked cryptocurrency’s first week trading on CME compares to Bitcoin’s, and what happened in the weeks to follow. Ether Futures Debut On CME Group, Open Interest Rises To…

15,000 Bitcoin are Leaving Coinbase Each Week; Here’s What This Means

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Bitcoin has been seeing massive Bitcoin outflows each week, which is a positive sign that points to underlying strength This has yet to be reflected in its price, as the crypto has been facing massive selling pressure that has made it increasingly unclear as to where it may trend next In total, 15,000 BTC are being moved off of Coinbase each week, which seems to indicate that massive upside could be imminent in the days and weeks ahead One analyst is now insinuating that this could be a sign of…

Market share of top crypto exchanges passes $1T: CryptoCompare report

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Out of the 160 cryptocurrency exchanges analyzed in a recent report, half control roughly 85% of the total market share. According to a CryptoCompare Research report published today, exchanges that the analytics firm rated as “top tier” gained 13% of the market share from October to January. This put the market share of these 84 exchanges at roughly 74% with more than $1 trillion in assets. However, CryptoCompare said this percentage likely rose to 85% for January. Given that the total market capitalization of all cryptocurrencies is $1.47 trillion at…

How Dogecoin Became So Popular

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Dogecoin started off as a joke cryptocurrency but now has a market capitalization of $7 billion and a huge global following. How did it all happen? Dogecoin was a parody cryptocurrency created by Adobe Product Marketing Manager Jackson Palmer and software engineer Billy Markus in late 2013. The two set out to make the project “as ridiculous as possible” and centered it around a popular internet meme of a Japanese Shiba Inu “doge” that would say nonsensical phrases like “much wow” and “such tired.” The total supply of 100 billion…