Bitcoin (BTC)

Several well-known individuals, including Gemini’s co-founders the Winklevoss twins, soccer legends Christian Vieri and Paolo Maldini, and Philadelphia 76ers owner Michael Rubin, are set to join the NFT craze. Each will have his own personal digital artwork as a non-fungible token (NFT) on the Ethernity platform.Digital Artwork On Ethernity With Famous IndividualsFounded by the early Bitcoin adopter Nick Rose Ntertsas, Ethernity is an initiative that explores various applications for...

JPMorgan’s strategists were quick to identify the fact that Tesla’s entrance into the crypto space was a major positive factor for the industry.Many crypto analysts and enthusiasts have remained giddy and shown a positive outlook to the news of Tesla’s acquisition of the leading crypto asset Bitcoin. However, leading financial institution JPMorgan believes there is no reason for optimism as this step by Tesla may not trigger an influx of institutional investors into the industry.According to...

Tesla’s massive $1.5 billion BTC purchase could be too risky for other large corporations to follow, argued JPMorgan Chase & Co strategists. They reasoned with bitcoin’s volatility that could prevent more old-school investors and individuals from allocating funds in the crypto asset.Corporations May Not Follow Tesla, JPM SaysElon Musk’s electric vehicle and clean energy company has bought $1.5 billion (15% of its net cash holdings) in bitcoin, as revealed earlier this week. Apart from the...

The proposal from the Monero community stated that the XMR payment option would be appealing to Tesla fans and investors as they would benefit from the coin’s unique privacy featuresThe Monero community has announced that they want Tesla Inc (NASDAQ: TSLA) to add XMR as a payment option for its cars. The community posted the proposal on the Tesla website and wants Elon Musk, the CEO of the automobile company to make that feat possible.The Monero community posted the CCS proposal on February 9...

Considering the fact that the crypto industry has been on a general bullish run recently, it is possible to assume that the value of Ethereum would break the $2000 level even before the end of the week.The two leading cryptocurrencies, Bitcoin and Ethereum, have been on an incredible run since the beginning of the year with both assets reaching new all-time highs. Not only that, the assets have seen an increased interest by institutional investors who have kept pouring in millions of dollars...

BlockFi’s annual fee falls 0.25% below what industry leader Grayscale Bitcoin Trust (GBTC) charges investors as BlockFi aims to compete with GBTC for the top spot.BlockFi, the crypto lender and financial services firm, announced on February 9 it has launched a Bitcoin trust managed by BlockFi Management LLC, a wholly-owned subsidiary of BlockFi.BlockFi Management LLC as a sponsor will charge a fee of 1.75% and BTC held in BlockFi’s trust will be custodied by Fidelity Digital Assets Services...

Called “Bitcoin for Everybody”, the course promises to teach “Bitcoin economics, investment, philosophy, and history, as well as its technical and practical components,” in 12 hours.Michael Saylor, CEO of the largest independent publicly-traded business intelligence company MicroStrategy Incorporated (NASDAQ: MSTR), has launched a new online course to educate people about Bitcoin (BTC). According to Saylor, once completing the course, you will have a basic level of Bitcoin knowledge. It will...

Elon Musk, the latest billionaire to jump on the BTC bandwagon for his company, Tesla, has openly criticized a cryptocurrency wallet called Freewallet app. The executive lashed out on Twitter and urged digital asset investors to steer clear from wallets that don’t provide them with the private keys.Elon Musk’s Security Tip For Crypto InvestorsArguably the most well-known and used phrase in the cryptocurrency space is “not your keys, not your coins.” It refers to the unique way in which...

Tron price is showing positive signs above the $0.0450 and $0.0420 support levels against the US Dollar.TRX price is now facing hurdles near $0.0480, but it is well above the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.0480 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong increase if it clears the $0.0480 resistance zone in the near term.TRON price is showing signs of more gains above $0.0480 against the US...

Bitcoin price rallied to a new all-time high near $48,250 against the US Dollar.The price is now consolidating above $45,500 and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $47,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to surge above $47,000 as long as there is no break below the $45,000 support.Bitcoin price is trading nicely in a major uptrend above $45,000 against the US Dollar. BTC...