Many older financiers are critical of bitcoin. Suffice it to recall Peter Schiff, who on Twitter periodically tries to present cryptocurrency from the worst side. He also urges investors to stop buying BTC and switch to gold, which he believes is the safest asset. Billionaire Charlie Munger, 97,...
Amid falling bitcoin prices, BTC futures trading volumes have skyrocketed this week. If at the beginning of the week the largest digital currency was trading above $ 58,000 and was preparing to break through to $ 60,000, then on Monday its rate fell by more than $ 10,000. Bitcoin found the bottom...
Enterprise analytics firm MicroStrategy informed on February 24 that it expanded its bitcoin funds by $1 billion. The news came on February 19, when the second trade of convertible debt was closed. MicroStrategy bought the 19.452 Bitcoins paying an average cost of $52,765 for each. Thus, the...
American Financial services Square made another investment in Bitcoin. The firm invested $170 million in the asset. According to the company's Q4 report, the firm has already made $1.76 B from Bitcoin trades implemented in the final quarter of 2020. This is 1000% more compared to the sum of the...
Microsoft founder Bill Gates in an interview commented on Tesla's investment in bitcoin. Presenter Emily Chang noted that Tesla could make more returns on its Bitcoin investment than it does from selling electric vehicles throughout 2020. When Gates was asked about the potential impact of tweets...
In the previous two weeks, Bitcoin price grew by over 40% reaching its all-time high of $58.000. However, on February 22, the price took a dip falling to $48.900. At the moment, the leading cryptocurrency trades at around $50.000. Blockchain data provider Glassnode notes the number of addresses...
The Block Research team found that in February 2021, the number of mentions of bitcoin on Twitter rose to a record high. This trend is directly related to the strengthening of the BTC rate. Recall that at the end of last week, the largest digital currency exceeded $ 58,000, today the coin fell back...
The leading cryptocurrency continues to reach new highs. It has already surged above $58.000. Thus, the cost of 1 Bitcoin exceeded the price of 1 Kilogram of gold. Along with this its market cap soared over $1 trillion. At the very start of the year, on January 2, Bitcoin reached $30.000. On...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...