Bitcoin has rallied into new all-time highs above $53,700, pushing its market cap above $1 trillion for the first time. Bitcoin’s late 2020 rally appeared to be sparked by an unprecedented wave of demand from institutions and billionaires, with the trend set after the world’s largest publicly traded business intelligence company, MicroStrategy, revealed it had converted $250 million of its treasury into BTC on Aug. 11. BTC/USDT daily chart. Source: TradingView By the end of January 2021, MicroStrategy had invested $1.095 billion to accumulate 71,079 BTC or 0.38% of Bitcoin’s…
Day: February 19, 2021
Bitcoin’s Watershed Moment- Crypto Asset Commands a $1 Trillion Market Capitalization – Markets and Prices Bitcoin News
Bitcoin’s market capitalization has crossed the $1 trillion zone after the price per coin surpassed $53,650 per unit. The valuation comes 145 months after the launch of the Bitcoin network on January 3, 2009. ‘The First Trillion Is the Hardest’ The price of bitcoin (BTC) has surpassed the territory needed to have a $1 trillion market capitalization. The valuation is a milestone to many crypto supporters who have rallied for the leading currency for the last decade. For the last two weeks, digital currency advocates discussed BTC’s slow and steady…
New Bitcoin Mining Site 2021 – Miningcompany.ltd Payment Proof – Miningcompany.ltd Withdraw Proof
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North American Bitcoin ETF’s First Trading Day Captures $165M in Volume – Finance Bitcoin News
The North American Purpose Bitcoin ETF launch on Thursday saw massive demand, as more than $165 million in trade volume was recorded. In fact, the exchange-traded fund listed on the Toronto Stock Exchange (TSX) saw it’s first $80 million swapped during the first hour of trading sessions. Purpose Bitcoin ETF Captures $165 Million in Volume Just recently, the exchange-traded fund called the “Purpose Bitcoin ETF” was approved to be listed in Canada and proponents deemed it to be the “first” bitcoin-based ETF in North America. Bloomberg’s Claire Ballentine revealed that…
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Popular excitement drives crypto adoption
The start of February has brought yet another batch of evidence supporting the notion that the ongoing surge of crypto prices has deep institutional roots. Ignited by market whisperer Elon Musk and his Tesla’s announcement of a $1.5-billion Bitcoin position, the bullish cycle was reinforced by further news coming from the likes of Mastercard, Amazon and BNY Mellon. The level of interest around the industry is certainly rising, as Bitcoin’s (BTC) price is rapidly becoming a widely discussed topic on most finance-oriented TV stations. With large corporate players at the…
How PIVX Is Bootstrapping the Revival of Privacy Coins – Sponsored Bitcoin News
sponsored Throughout its history, PIVX has marked many firsts on the crypto market. These include being the first PoS project to use zk-SNARKs, masternodes, blockchain governance, deflationary mechanisms, and private staking. With a solid value proposition and numerous achievements under its belt, PIVX makes use of innovative technology to create a privacy-oriented paradigm within the cryptocurrency space. Blockchain Intelligence and Data Mining Famously referred to as de-anonymization through correlation, blockchain intelligence serves the purpose of tracking transactions and connecting them to their owners. By making use of smart algorithms that…
BitXmi Exchange Review: Championing Fast Cryptocurrency Transactions
BitXmi launched its native cryptocurrency, the BXMI token, back in August 2020. Designed as an ERC-20 token, BXMI gears to facilitate the trading activities on the platform, while also being utilized in its loyalty campaigns. BitXmi is one of the few exchanges with a global presence that prides itself as the go-to trading site for fast crypto transactions. Based out of Singapore, the platform’s services are a testament to the innovative offerings tailored to every user’s need. There are hundreds of trading sites serving the ever-expanding digital currency ecosystem today.…
Bitcoin (BTC) Price Strikes New ATH while Gold Declines as Stimulus Calls Increase
The increase of US stimulus package talks serves as a booming situation for Bitcoin and Gold. However, Bitcoin price strikes a new record while Gold declines. Bitcoin in 2021 so far has brought way too many similar headlines of “new all-time hits”. These many Bitcoin stories have created much interest even for those who are new to it and the entire crypto space. Currently, Bitcoin has rallied past 50,000 dollars to strike a new all-time high of a little above 52,000 dollars in the last few days. Eventually, the biggest…
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