Ethereum (ETH) Breaks Its All-Time High Price Record Above $1,450
Though Ethereum alone bears the glory with this current milestone, many factors work synergistically to help the coin attain the record ATH.Ethereum (ETH), the second-largest cryptocurrency by market capitalization has beaten its own all-time high price record above $1,450 in the early hours of...
Big Cities in China Plan to Conduct More Pilot Testing of CBDC in 2021
Shanghai Mayor Gong Zheng also declared the city’s support for the development of the digital yuan.In an effort to promote the development of the central bank digital currency (CBDC) in China, several cities in the country are planning to undergo pilot testing. The digital...
Assessing Altcoin Mood Music as Bitcoin Catches Its Breath
While some altcoins have gained in Ethereum’s slipstream, others are plotting their own course while seeking to topple the front-runner itself.Is alt season upon us? Many crypto commentators are predicting just that, after Ethereum (ETH) hit a record high of over $1,440 on January...
PlanB Stock-to-Flow Model Accurate So Far, Predicts Bitcoin (BTC) to Touch $100K by September 2021
As per the model and based on historical chart patterns, Bitcoin (BTC) is likely to hit $100K levels in the next few months. Bitcoin is all set for an escalated price surge of over 200% from the current levels.Bitcoin (BTC) has been under downward...
Grayscale adds $120 million worth of Bitcoin to its coffers amid continued institutional interest
Bitcoin has seen some volatility over the past few weeks. The cryptocurrency has bounced between $30,000 and $40,000, even falling below the former level at one point in time in a move that scared bulls.Unfazed by the recent market volatility, data shows that institutional...
After brief cheers, U.S. banks are back to bashing Bitcoin again
Some US banks have restarted their outrage against Bitcoin even as others have warmed up to the asset in the past year.How prices affect sentimentBitcoin’s infamous price gyrations are known to polarize. The asset, like most other cryptocurrencies, can move by several percentage points...
MicroStrategy CEO claims to have “thousands” of executives interested in Bitcoin
Bitcoin has become a bit of a phenomenon on Wall Street and in the corporate world over the past few months.It began in August when MicroStrategy bought Bitcoin with money from its treasury, showing the world that yes, BTC can be a long-term investment...
Ampleforth-like Bitcoin rebasing token DIGG drops: crypto stimulus checks
The latest crypto stimulus (or DeFi stimulus check, to be more accurate) has just dropped.Badger DAO, a Bitcoin-focused decentralized finance project based on Ethereum, just rolled out a new coin called DIGG. BADGER, the governance token for the protocol, already exists.DIGG is a new...
MicroStrategy just added $10 million in BTC to its billion-dollar Bitcoin bags
They say dips are for buying, and that’s the approach being taken by one NASDAQ listed software firm. Its CEO, Michael Saylor, tweeted that MicroStrategy just spent $10 million to acquire 314 additional Bitcoin.
MicroStrategy has purchased approximately 314 bitcoins for $10.0 million in cash...
What can invalidate the short-term bear scenario for Bitcoin?
The price of Bitcoin is showing strong momentum as it recovers above $33,000 following a relatively large correction on January 12.The general market sentiment around Bitcoin remains positive. But, there is one major invalidation point for the bearish scenario for BTC.Bitcoin must reclaim $36,000In...
