Day: February 18, 2021

Bitcoin Sets New ATH Above $52K, Why Dips Remain Attractive

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Bitcoin price extended its rally above the $51,000 level and it even broke $52,000 against the US Dollar. BTC traded to a new all-time high near $52,745 and it is consolidating gains. Bitcoin broke the $52,000 resistance and traded to a new all-time high near $52,745. The price is trading nicely near $52,000 and it is well above the 100 hourly simple moving average. There is a short-term contracting triangle with resistance near $52,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could dip…

Elon Musk’s Tesla Faces Scrutiny Over Potential Conflict of Interest in $1.5 Billion Bitcoin Purchase – News Bitcoin News

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Tesla is facing more scrutiny over its $1.5 billion dollar bitcoin purchase. A Tesla board member who reportedly approved the company’s bitcoin buy deal is a cryptocurrency investor who also sits on the boards of two major crypto firms. Experts Question Conflict of Interest in Tesla’s Bitcoin Purchase Tesla is further under scrutiny over its bitcoin purchase as experts now question whether there is a conflict of interest surrounding a director who approved the company’s big bitcoin purchase, the Telegraph reported Tuesday. Tesla recently revealed that it bought $1.5 billion…

DeFi aggregator growth ‘set to dwarf 2020’s volume’

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Decentralized finance aggregators are growing in popularity in 2021 as the embryonic industry continues to expand. Delphi Digital analyst Ashwath Balakrishnan has observed that year-to-date growth for DeFi aggregators puts the sector on track to dwarf 2020’s figures. The researcher noted 1inch, Matcha, and Paraswap facilitated a total $9.3 billion of volume across 2020 — but that as of Feb. 16, the 1inch exchange alone had recorded close to $10 billion in volume in just the first 46 days of 2021. 1/ Aggregators had a breakout year in 2020, with…

Be Ready! Bitcoin, Chainlink, Ethereum Price Prediction, News Analysis, Targets TODAY

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BITCOIN PRICE TARGET – $50K THIS MONTH?! 🚨 Free BTC USD Analysis BK Crypto News Today Jan 6 2021

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Bitcoin price today is $ 38,915 USD – and the bitcoin news today is over the past few month many large financial institutions such as Paypal, Square and Visa have publicly advocated for Bitcoin – resulting in the largest price increase in history. How long will this run last and what does the future look like for the greatest financial vehicle ever invented? Find out when you hit that play button… Like A Boss! BITCOIN TODAY: In this video, BK Crypto…

Motley Fool adding $5M in Bitcoin to its ‘10X portfolio’ — has a $500K price target

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Financial and investment advisory giant The Motley Fool has announced it will invest $5 million into Bitcoin with the expectation that it will rise to $500,000. Announced earlier today via a blog and Twitter post, the firm stated it won’t be “buying overpriced ETFs” but will be “buying Bitcoin directly.” Currently ranked fifth globally in the investing category according to SimilarWeb, and with 87 million website visits a month, The Motley Fool outlined three core reasons behind the purchase: that Bitcoin is a better store of value than gold, it’s an…

Robinhood announces plans to offer crypto deposits and withdrawals

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The controversy-laden trading platform Robinhood announced on Wednesday that it intends to implement cryptocurrency deposits and withdrawals. While customers have been able to buy and sell cryptocurrency via the platform for some time, they are unable to access the coins themselves to transfer them to other wallets. According to a series of tweets published from the company’s Twitter account, work on integration of cryptocurrency transfers has already begun, though no dates or specifics were provided on when it will go live. Robinhood also clarified that crypto deposits would be custodied by…

Day Trader Dave Portnoy Swears Off Bitcoin

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Today, Barstool Sports founder turned outspoken pandemic day trader Dave Portnoy released a video on Twitter vowing he’d never buy Bitcoin again, despite the ongoing uptrend in the cryptocurrency. Is this bearish take simply a bad case of seller’s remorse, or does Portnoy have valid reasons to be this vehemently against Bitcoin? Barstool Sports’ Dave Portnoy Swears Off Buying Bitcoin: “Never” When the world of sports shut down at the start of the pandemic, an army of sports betters turned their gambling addictions towards financial markets, and began trading on…

Bitcoin, Bumble, and Beyond | Blockchain News

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Dubai is one of the most unique and captivating places on Earth. I’ve spent the last few weeks in the city, meeting up with business associates, interviewees, and old friends. As I sit here, marvelling at this futuristic outpost in the desert, I can’t help but think back to my “Anything Is Possible” mantra and the feeling that we’re on the cusp of something big. This week’s financial news has been dominated by two stories: Bumble’s IPO and the continued rise of Bitcoin. While these stories may not seem connected…

Top 4 Cryptocurrency Investments That Have MASSIVE Potential in December 2020 | Best Altcoins 2020

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #bitcoin #crypto #cryptocurrencies As Bitcoin’s price climbs higher. Today we discuss the best investment in December 2020. We also discuss how to invest in bitcoin and cryptocurrency in 2020. What are your thoughts on the best cryptocurrency investments in December 2020 to buy? *************************************************************************** Telegram Group: – Free daily crypto signals and updates **************************************************************************** Subscribe for more content. Disclaimer: Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided…