Crypto news

The age of institutions has arrived. With companies like MicroStrategy and Tesla investing billions of dollars into bitcoin – the world’s number one digital currency – it appears many leading companies are finding the confidence to follow suit, and now Morgan Stanley – one of the most prominent financial firms in the world – will step into the bitcoin fray according to recent reports.Morgan Stanley Is Getting Involved in BTC TradesMorgan Stanley Investment Management’s Counterpoint Global...

Cardano, a decentralized open-source project that runs a public blockchain platform for smart contracts, has recently released a date for its long-awaited Hard Fork Combinator (HFC) event dubbed “Mary.”Cardano To Launch Mary On March 1According to an update on Tuesday by the project’s founder, Charles Hoskinson, the network upgrade will take place on March 1, after the HFC has completed all the quality assurance and developer checks on February 24.Hoskinson stated that the event would take...

[PRESS RELEASE – Please Read Disclaimer]Singapore, Singapore, 17th February, 2021, // ChainWire //99Bitcoins, an educational website that maintains a list of Bitcoin obituaries made by the media, has taken over the Dead Coins project as well. This move effectively crowns 99Bitcoins as “The undertaker of the cryptoverse”.Deadcoins.com was established in late 2017 to document the death of thousands of altcoins that popped up during the cryptocurrency mania of that time. The idea was simple –...

The world’s largest asset manager, BlackRock, is looking into Bitcoin. This was confirmed by the managing director of the company, Rick Rieder, today.Rick Rieder, the managing director of BlackRock, the world’s largest asset manager, confirmed that the company is looking into Bitcoin. “We’ve started to dabble a bit into it,” he said, refusing to put a target allocation the company has.In the interview with CNBC’s SquawkBox, Rieder did say that diversifying one’s portfolio in the current...

MicroStrategy has announced the pricing of its offering of $900 million aggregate principal amount of 0% convertible senior notes due 2027. As it happened the last time the company made such a move, it plans to allocate all funds into bitcoin after the offering closes on February 19th, 2021.CryptoPotato reported yesterday that the NASDAQ-listed business intelligence giant MicroStrategy said it would offer a $600 million convertible senior notes offering to qualified institutional investors....

Bitcoin price surged by a total of 5% over the past 24 hours, as the coin finally exceeds the $50,000 milestone.Just nine days ago, the primary cryptocurrency had broken above the January-2021 previous ATH at $42,000, on the day Tesla disclosed its $1.5 billion Bitcoin purchase.BTC then saw its largest-ever daily price candle, and encountered resistance at $48,570 (1.414 Fib Extension – green), struggling with it over the past few days till finally managing to close a daily candle above that...

Tron price traded as high as $0.0611 before correcting lower below $0.0550 against the US Dollar.TRX price is now holding the $0.0480 support level and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.0520 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong increase if it clears the $0.0520 resistance zone in the near term.TRON price is consolidating gains above $0.0450 against the US Dollar, while bitcoin is...

Bitcoin has done it again and painted yet another all-time high, this time above the $51,000 price tag. Most altcoins have fallen against their leader, and BTC has managed to increase its market dominance to above 62%.Bitcoin’s Latest ATH At Above $51KThe past several days have been quite turbulent for the primary cryptocurrency but ultimately positive. Just on Monday, bitcoin was nearing the coveted $50,000, but a sharp retracement drove it down to a low of $46,000.However, the bulls took...

While many CFOs dabble with the idea of putting Bitcoin on their balance sheets following the Tesla purchase, Microsoft has no such plans. The giant’s President, Brad Smith, recently refuted any assumptions that the firm could join the growing trend anytime soon.No New Conversations About BTC In MicrosoftAll eyes are on bitcoin after the electric vehicle giant Tesla filed documents with the Securities and Exchange Commission showing it had allocated $1.5 billion in the primary cryptocurrency...

Bitcoin price rallied to a new all-time high near $50,665 against the US Dollar.The price is now consolidating above $48,500 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $50,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to surge above $51,000 as long as there is no break below the $48,000 support.Bitcoin price is trading in a strong uptrend above $48,000 against the US Dollar. BTC is...