2020 has been an interesting year. To say anything else would be an understatement. The global COVID-19 pandemic took the entire world by a storm and changed the lives of millions of people.This had a direct impact on all industries and markets. Cryptocurrencies were absolutely no exception. 2020 had its lows for the nascent industry, but it’s perhaps safe to say that the highs were much more. The clearest evidence of this is Bitcoin, as well as the massive growth in the total...
Read More »Five Months After Buying Bitcoin MicroStrategy’s Stocks Have Surged By 200%
Michael Saylor’s business intelligence firm MicroStrategy has become one of the largest bitcoin holders after accumulating more than $1 billion worth of BTC in less than six months. Interestingly, the company’s stock price has surged by roughly 200% in the same timeframe.MicroStrategy’s History With BitcoinMicroStrategy is a Nasdaq-listed company providing business intelligence, mobile software, and cloud-based solutions. Founded in 1989 by Michael Saylor, the firm’s internally developed...
Read More »Ripple Price Analysis: Can XRP Bulls Stage a Comeback Following the Bloodbath?
XRP/USD – Bulls Attempting To Recover Above November 2020 LowsKey Support Levels: $0.2, $0.171, $0.14.Key Resistance Levels: $0.254, $0.3, $0.325.A couple of days ago, XRP spiked beneath $0.2 to hit the July 2020 lows at $0.171. By the end of the day, the buyers regrouped to allow the daily candle to close above the November 2020 lows at $0.219.Yesterday, XRP penetrated beneath the November 2020 lows. Its daily candle eventually closed at $0.21. Today, after a brief spike back into $0.2, the...
Read More »Sapien Mainnet Launches on Matic Network Layer 2
The Ethereum-based social network Sapien has partnered with Matic Network, Biconomy, and Torus Labs to enhance mainstream adoption of Web3 social media. The collaboration between the projects will enable gasless transactions and the automatic creation of non-custodial Ethereum wallets on the social platform.Gasless Fees On Sapien’s Ethereum NetworkThe blockchain-based social platform describes itself as a humans-oriented project that doesn’t collect users’ personal data or track their click...
Read More »Better Than This Year: Bitcoin Price to Hit $120,000 in 2021, Tom Lee Predicts
As BTC looks to end 2020 with massive gains of about 300%, Fundstrat’s Tom Lee believes that next year will be even more bullish for the cryptocurrency. Lee predicted that bitcoin could skyrocket by more than 300% from this point in 2021, which will take the asset into a six-digit price territory.Tom Lee Sees Massive Gains for BTC in 2021Bitcoin entered the new century with a price level of about $7,200. Despite highly volatile periods, including a vigorous dip beneath $4,000 in the mid-March...
Read More »Tyler Winklevoss Eyes ETH: Buying Ethereum Now Is Like Buying Bitcoin At 50% Discount
Tyler Winklevoss, the co-founder, and CEO of the crypto exchange Gemini and one of the earliest BTC adopters believes that Ethereum’s price is a “steal” now. He noted that the second-largest cryptocurrency is still about 50% away from its all-time high.Winklevoss: Buying ETH Now Is A StealEthereum is among the best performers through this challenging year. Whether it was the DeFi craze or the long-anticipated ETH 2.0 launch, the asset has exploded by nearly 500% from $130 at the start of 2020...
Read More »#1045 NFL Spieler Gehalt in Bitcoin, Autohaus Bitcoin Käufer Ansturm & Grayscale verkauft XRP Bestände
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1045. Im heutigen Video geht’s um folgende Themen: NFL Spieler bekommt Gehalt in Bitcoin, Las Vegas Autohaus sieht Ansturm von Bitcoin Käufern & Grayscale verkauft XRP und XLM Bestände. 1.) Das Gehalt in Bitcoin: NFL-Spieler wird anteilig in BTC entlohnthttps://bitcoin-kurier.de/das-gehalt-in-bitcoin-nfl-spieler-wird-anteilig-in-btc-entlohnt/ 2.) Las Vegas luxury auto dealership rakes in Bitcoin...
Read More »Last Market Watch of 2020: Bitcoin Price Eyes $30K, Polkadot (DOT) Breaks ATH
Despite retracing with over $1,000 after the latest all-time high, BTC has surged back up and reclaimed the $29,000 level. Some altcoins have expanded in value – Polkadot’s DOT has marked a new all-time high.Bitcoin’s Latest ATH Above $29KAfter a few days of relative stagnation around the $28,000 level, the primary cryptocurrency returned to its Q4 2020 bull run.CryptoPotato reported yesterday that BTC charted two consecutive all-time highs in a day. The asset firstly reached $28,570 before...
Read More »Coinbase Sued for Receiving Commissions on Illegal XRP Sale
While Ripple is dealing with allegations from the U.S. Securities and Exchange Commission (SEC) concerning its XRP token, major U.S. cryptocurrency exchange Coinbase seems to be getting its own share of legal saga, as the company faces a class-action lawsuit for receiving commissions gotten from the sale of XRP tokens.Coinbase Slammed With Class Action LawsuitAccording to a court document, Thomas C. Sandoval, the plaintiff, has filed a class-action lawsuit against the San-Francisco based...
Read More »Litecoin (LTC) Price Analysis: More Upsides Likely Above $130
Litecoin price started a fresh increase above $125 against the US Dollar.LTC price traded towards the $140 resistance and settled well above the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $130.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $130 resistance zone in the near term.Litecoin price remained in a positive zone above $120 against the US Dollar,...
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