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Michael Saylor: BTC’s Market Cap Will Soon Explode

Bitcoin and Ethereum prices have tanked. BTC, for example – the world’s number one cryptocurrency by market cap – has dropped into the high $47,000 range. This is a $9,000 drop in about two days, as recently, the asset was trading for about $56,000 per unit. Despite this, Michael Saylor – the CEO of MicroStrategy – remains confident that things are going to turn out well for the currency. So well, in fact, that he thinks it will one day have a $100 trillion market cap....

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Cardano Price Analysis: Despite the Correction, ADA Eyes ATH Following 30% Weekly Surge

ADA/USD – Cardano Bulls Pushing For New ATHSKey Support Levels: $1.10, $1.00, $0.95..Key Resistance Levels: $1.20, $1.28, $1.34.Cardano has seen a marvelous bull run during the entire period of February, in which it managed to climb by a total of around 230%. Initially, in the first half of the month, the coin had seen resistance around $0.84 (1.618 Fib Extension). This resistance was finally broken last week as ADA set a new ATH price at $1.20.From there, the cryptocurrency started to trend...

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Mehr als ein Fünftel aller Bitcoin sind auf ewig verschwunden

Bitcoin ist auf 21 Millionen Coins limitiert. Diese Eigenschaft macht den BTC zu einer nicht-inflationären Währung und könnte in der Zukunft sogar zu einer deflationären Dynamik führen, was bedeutet: Auch langfristig sollte der Wert eines BTC steigen, sofern keine bessere Alternative im Cryptomarkt auftaucht. Hinzu kommt, dass bereits jetzt mehr als ein Fünftel aller BTC verloren gegangen sind. Bitcoin News: Mehr als ein Fünftel aller Bitcoin sind auf ewig verschwundenSchon 2019 kam eine...

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13,000 Bitcoins Withdrawn from Coinbase: Institutional Investors Still Buying at $48K?

While the BTC price continues to struggle slightly above the $50,000 mark, on-chain data revealed that over 13,000 bitcoins had been moved out from Coinbase to custody wallets. CryptoQuant’s CEO believes that these withdrawals went towards institutional investors, and he categorized it as the “strongest bullish signal.”Bullish Developments on the BTC Horizen?BTC’s price has suffered in the past several days after the asset peaked above $58,400 for a new all-time high record. However, the...

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Coinbase Targets Direct Nasdaq Listing of its Class A Common Stock

After the confidential submission of a draft registration statement to become a publicly-traded company announced last year, Coinbase has taken a major step to be listed on the giant US stock exchange – Nasdaq.CryptoPotato reported earlier that Coinbase had submitted a confidential draft registration statement to the US Securities and Exchange Commission (SEC) to go public via a direct listing instead of an IPO. Initial estimations suggested that the potential valuation was at about $28...

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Bitcoin Price Analysis: Expecting Huge Move Upon Triangle’s Breakout

The recent days were rough for Bitcoin after it dropped from the record high at $58,000 on Sunday by almost 25% just two days later. As of now, BTC bottomed at $44,750 on Tuesday and bounced back steadily to the $50K region. But, was that the ultimate short-term bottom after the 2-day bloodbath earlier this week?Looking from a longer-term perspective, BTC managed to close the daily candles inside the ascending price channel that it has been following for the entire period of February. The...

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Someone Just Moved 100 Bitcoins Now Worth $5M That Only Cost $8 in 2010

Early bitcoin adopter has moved 100 BTC for the first time after mining the coins over ten years ago. Within this time, the value of the tokens has exploded more than 600,000 times to about $5 million.Interestingly, further data revealed that similar OG miners had moved substantial chunks of BTC to exchanges at times close to a local price top.100 BTC on the Move 11 Years LaterThe ever-vigilant crypto community recently caught an intriguing transaction taking place on the Bitcoin blockchain....

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GME Stock Price Soars 110% Days After Keith ‘Roaring Kitty’ Reveals $5.5M Position

GameStop has undoubtedly become the most widely discussed company in 2021 following the Wall Street Bets fiasco that catapulted its price to all-time highs far beyond the wildest imaginations.The action on the stock had since cooled down a bit as WSB lost some steam, but in the past few days, it’s on again as the price surged over 110%.GME Stock Price Soars 110%The price for GameStop shares has skyrocketed once again, weeks after the tumultuous fiasco with Wall Street Bets.Upon yesterday’s...

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Bitcoin Drops Below $50K, Major Altcoins in Red: Market Watch

After another unsuccessful attempt to decisively overcome the $50,000 price mark, Bitcoin has fallen to $49,000 again. Altcoins, which showed brief signs of recovery yesterday, have dropped again, with Ethereum beneath $1,600 and BNB back to $240.Bitcoin Drops Below $50,000 AgainThe past several days didn’t go well for the bitcoin bulls as the cryptocurrency plummeted by more than $13,000 in about a day or so at the start of the week. They attempted a rapid recovery, which drove the...

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EOS Price Analysis: Crucial Resistance Awaits Near $4.40

EOS failed to surpass the $5.500 zone and corrected lower against the US Dollar. The price is currently trading well below $4.400 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $4.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could either recover nicely above $4.000 or it might decline again towards $3.200. EOS price is consolidating losses below $4.500 against the US Dollar,...

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