Cryptocurrency News
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Bitcoin Surpassed $56.000 and Ether $2000
Today Bitcoin and Ethereum reached new all-time highs: $56.000 and $2000 correspondingly. The CEO of Tesla Elon Musk set Bitcoin to his Twitter profile avatar. Afterwards, Bitcoin reached a new all-time high of $56.000 with a market cap exceeding $1 T. It's Musk's second profile change including...
Binance Coin Now Is the Third Largest Coin by Market Cap
The price of Binance native token BNB grew by 50% just in a day surpassing $276. If we consider the previous 7 days, the price has gone up by 100%. At the moment, BNB trades at above $265. The coin's market cap surged over $40 Billion overtaking that of Tether's ($33 B) and Polkadot's ($30 B). On...
Musk Says It's Not Wise to Ignore Investment Alternatives
Business magnate Elon Musk says "only a fool" would ignore alternative options for investment. Recently the CEO of Binance, Changpeng Zhao expressed his surprise about Elon Musk's approach to DOGE and BTC in an interview. Particularly, Zhao said he didn't understand why Tesla bought...
BTC dominance index falls to 60%
The growth of the cryptocurrency market was not only the result of the bitcoin (BTC) run but also the rise in prices for the largest altcoins. As a result, BTC's dominance index fell to its lowest level since October last year. Now, this figure is 60%. The share of Ether (ETH) in the market rose to...
Bill Gates: I don't have bitcoin and I treat it neutral
Microsoft founder Bill Gates said in an interview with CNBC that he has taken a neutral stance on Bitcoin. “I don’t have bitcoin, I don’t have a short position in bitcoin. I am neutral towards this asset,” he said. Gates noted that his foundation uses certain forms of digital currency in...
Eth Price Surpasses $1900, Heads to $2000
Ethereum (Eth) price reached a new all-time high of $1914. The token was up by 7.11% in a day and now trades at above $1890. During this year the cost of the 2nd largest crypto asset by market cap increased by $160%, while BTC surged 78% at the same time. On December 1, 2020, Ethereum launched a...
Bitcoin hits $52000 to set a new all-time high
On February 17, the price of BTC crossed the $ 52000 mark. The asset is growing amid news from the software provider Microstrategy, which raised the target of issuing convertible notes from $ 600 million to $ 900 million with the option to purchase an additional $ 150M. The company will use the...
Financial Advisor Motley Fool Adds $5 M BTC to Its Portfolio
Virginia-based monetary and investing advice company announced investing $5 M in Bitcoin. The purchased coins will be added to the company's assets-and-liabilities as well as to its "10X" campaign. That means Motley Fool expects Bitcoin price to reach $500.000 within 15 years. The...
Cardano cap has doubled since February and reached $ 28B
Altcoin Cardano (ADA) has secured the fourth line in the ranking of the largest cryptocurrencies. Last week alone, its value increased by more than 30%. On Tuesday, February 16, the ADA rate rose to $ 0.875 (+ 1.65%). The capitalization of digital currency has doubled over the past two weeks, now...
The energy crisis in the US hurt bitcoin miners
Due to abnormally cold weather in the United States, there are problems with the power supply of Texas. Local mining farms were de-energized, which led to a significant drop in hash rates. For example, the capacity of only one mining firm, Luxor Tech, fell 40%, said its co-founder Ethan Vera....
Bitcoin Broke $51.000 First Time in History
Today Bitcoin set another all-time high of $51.000. On February 15, the price surpassed $49500, and the day after that it went up to $50.000. At the moment the leading cryptocurrency trade at around $50.800. The market cap stands at $944 Billion at the moment. Along with this, miners' revenues...
SEC and Ripple abandon pre-trial settlement of the claim
The US Securities and Exchange Commission (SEC) and Ripple said that the regulator's lawsuit over the alleged unregistered sale of securities in the form of a digital asset XRP will not be settled out of court. In a letter to open the case, the parties stated that having previously discussed this...
Miners cut bitcoin sales in February
Researchers from the Glassnode team found that mining pools started selling fewer bitcoins in February. In January, by contrast, they were actively selling coins to earn as much as possible. By the beginning of this month, the miners received enough funds and switched to accumulative tactics. The...
Morgan Stanley Considers Adding BTC
New-York based international investment bank and financial services provider Morgan Stanley announced it may add Bitcoin to its list of bets. The firm's wing Counterpoint Global views the option and is waiting to get confirmation from the firm and regulators. Counterpoint Global is a $150 B...
Peter Schiff reiterates that gold is safer than bitcoin
Financier Peter Schiff is widely known as one of the fierce critics of Bitcoin. He repeatedly on Twitter and during a conversation with reporters noted that BTC is an ordinary pyramid that will inevitably collapse. Schiff believes that cryptocurrency is growing in value only due to the influx of...
Rock musician Gene Simmons bought ether for $300,000
Many celebrities not only pay attention to cryptocurrencies but also invest part of their capital in them. For example, rapper Robert Bryson Hall, acting under the pseudonym Logic, announced in the fall of last year that he had bought bitcoins. However, he did not specify exactly how much he sent...
Binance Smart Chain Will Provide Cardano Liquidity Mining
Venus Protocol, running on Binance Smart Chain will allow Cardano’s native coin ADA owners to perform liquidity mining through its network. Venus is a decentralized money market with a $2 million total value locked. As reported in a roadmap published on February 14, the market would add ADA and...
Bitcoin Sets New All-Time High of $49.500
On Valentine's Day Bitcoin's price hit $49500 surpassing its previous record of $48.000 reached on February 9. At the moment, the leading cryptocurrency trades at around $47.300. Despite price ups and downs, the bullish trend continues for BTC. On February 8, Tesla Inc. announced investing $1.5...
Cryptocurrency came to us in 2009 and became a twofold phenomenon. Many think these assets will bring freedom to the traditional financial system: many suppose they can give opportunities to scammers and fraud. But no matter what, everyone understands that crypto has become a serious game-changer in world economics.
Cryptocurrencies are becoming more and more popular day by day. One of the reasons for that is P2P transactions. People can send money to each other without bank mediation, faster and cheaper.
Nowadays, more than 2000 crypto coins are operating on the market. Because of active tradings with high volumes, the crypto market regularly improves. And when some people rely only on technical analysis of the market, others need to know what happens fundamentally. And here is where Blockchain Today can help.
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