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Bitcoin (BTC)

RookieXBT: The Crypto Trader Who Turned $35K Into $1.6 Million In 9 Months

The internet is full of stories of people shelling out insane amounts of Bitcoin, Ether for banal, everyday things like buying pizzas, watches, smartphones when they were valued at just a fraction of what they are today, however, rarely do we come across a success story where an individual is able to increase their crypto wealth eightfold within a matter of months.Meet RookieXBT, the pseudonymous trader who over the latter half of 2020 has been able to transform his savings of around $30,000...

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Cardano (ADA) Price Analysis: Risk of a Downside Break

ADA price failed to correct above $1.100 and extended its decline against the US Dollar. The price is now consolidating near the $1.000 support and well below the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.100 on the 4-hours chart (data feed via Bitfinex). The price remains at a risk of a sharp decline below the $1.000 and $0.9800 support levels. Cardano price is showing bearish signs below $1.100 against the...

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Bitcoin ne sert à rien…

Depuis qu’il a dépassé les 50 000$, le bitcoin est partout. Sur France Culture, j’ai entendu que « tout le monde achète du bitcoin, sans autre raison que la spéculation, puisque personne ne sait ce qu’est le bitcoin ». Dans Charlie Hebdo, j’ai lu que le bitcoin était « une monnaie inutile ». Et ce n’est que quelques exemples parmi tant d’autres. Selon une majorité de la presse francophone, le bitcoin ne sert à rien. Mais qu’en est-il...

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Institutions Coming in Have Turned Bitcoin Into an Asset Class, Says Mike Novogratz

Young Americans want to buy bitcoin, and they will use the stimulus checks to do so, said Galaxy Investment Partners’ CEO Mike Novogratz. He added that the primary cryptocurrency had become a proven asset in the past few months with the entrance of giant institutions and corporations.Retail Pushed Bitcoin Higher, Says NovogratzThe first-ever cryptocurrency went on a wild run in the past few days. During the weekend, bitcoin broke its previous ATH, breached above $60,000, and marked a new...

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5 Oldschool Altcoins to Watch in 2021

The crypto market still has the potential to climb higher, have a look at the coins that can be your profitable partners for the next weeks and months.In search of promising investment opportunities, it would be absolute madness to ignore cryptocurrencies. In a single year – 2020, the market capitalization rose from $200 million to $1 trillion and today it reaches $1.2 trillion. While everyone knows about Bitcoin and Ethereum, most coins stay in the shadows. But there are some...

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MicroStrategy Buys More BTC; Is the Company Overdoing It?

MicroStrategy – after months of buying bitcoin and crypto – has decided to continue this run of excessive digital asset spending and has just purchased an additional $15 million worth of the world’s number one digital currency by market cap. The company now owns nearly $5 billion in bitcoin and is arguably the most bitcoin-centered institution out there. MicroStrategy Has Bought Another $15 Million in BTC The news is certainly positive in the sense that we all know...

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Diginex CEO Projects Bitcoin Price to Hit $175,00 by Year-End

The trend of adopting Bitcoin is set to pick up pace as the cryptocurrency investment ecosystem is still relatively in its infancy.Richard Byworth, the Chief Executive Officer of Nasdaq-listed digital asset and financial services company Diginex Ltd (NASDAQ: EQOS), is bullish on Bitcoin (BTC), projecting a price target of $175,000 for the cryptocurrency before the end of the year. According to a Coindesk report, Byworth is positive the bull run of the world’s largest cryptocurrency by market...

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Rumors of Possible Crypto Ban in India amid Ongoing Bull Rally

The new report of a possible crypto ban in India contradicted India’s finance minister Nirmala Sitharaman’s thoughts on the crypto industry.International news outlet Reuters has recently reported that India is set to implement a crypto ban in the country. As a result, the entire crypto industry dipped in a single digit. Bitcoin is down approximately 7% in the past few hours to trade around $56,176.97.However, it may be just another ‘FUD’ all meant to create an opportunity for others to buy...

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Bitcoin Outshines Other Assets with Massive Returns Over Past Years

Bitcoin stands above all the other assets with an average annualized return of 230%.Bitcoin has managed to outperform all other assets with its incredible growth over the past ten years, becoming the best performing asset per the recent data.Amidst the Covid-19 pandemic, Bitcoin’s massive market performance helped surged the leading cryptocurrency above all other assets. With more to come, Bitcoin has made itself popular globally, setting its market as one of the best sought-out markets by...

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