Tag Archives: BTCEUR

Guggenheim Partners’ CIO Scott Minerd sees the cryptocurrency industry as a growing and valuable part of the global economy. He doubled-down on his long-term bullish BTC prediction but said that investors need to be wary of the speculative price increase from October 2020 to early January 2021.Minerd On BTC’s Price DevelopmentsThe executive at the Wall Street behemoth has been openly discussing BTC’s price movements and making projections ever since Guggenheim filed documents with the SEC to...

Although bitcoin has already existed for over a decade and grown to be one of the largest assets by market capitalization, new data reaffirms the narrative that it’s still early in its adoption phase. However, it expands fast as the number of users on the BTC network 12 years after its launch coincides with what the Internet used to be… in 1997.Bitcoin Vs. The Internet: Userbase EditionThe vast global network that connects computers worldwide, known as the Internet, is among the most notable...

Bitcoin increased by 4% today, gaining almost $2000, as of writing these lines. Bitcoin bounced from $33,000 to a daily high of $35,700. The primary cryptocurrency has been forming a descending triangle, as shown in the following daily chart. If today’s candle holds, Bitcoin might finally break out of the triangle.As can be seen, last Friday was a major attempt to break above; however, this quickly turned into a false breakout. On that day, the cryptocurrency managed to spike beyond $38,000...

The upcoming Bitcoin Educational Conference organized by Michael Saylor’s MicroStrategy has seen massive interest from CEOs and other executives. Saylor informed that all attendees would benefit from MicroStrategy’s playbook on how to utilize the BTC Monetary Network.CEOs Interested In MicroStrategy’s BTC Educational CampaignCryptoPotato reported in mid-January MicroStrategy’s latest pro-Bitcoin initiative, which aims to educate corporations on how they can take advantage of investing in...

Despite another attempt to overcome $35,000, bitcoin has continued to trade inside the tight range of $33K to $35K.In contrast, large-cap altcoins, along with some DeFi ‘stars’ had performed a lot better. This includes a new ATH for Binance Coin, Ethereum rising above $1400, getting near the previous January 2018 ATH range. On the other side, XRP has plummeted following the recent gains.Binance Coin Surpassing $50 To New ATHMost of the large-cap altcoin market is well in the green against the...

The Winklevoss twins will partner with MGM Studios for a movie featuring the latest GameStop craze, where a subreddit group rebelled against Wall Street hedge funds. Best-selling author and Academy-award winner Ben Mezrich will also work on the project. The GameStop Frenzy Turns Into a MovieThe Winklevoss twins are up to a collaboration with Hollywood movie studio Metro-Goldwyn-Mayer (MGM). The script will represent the recent story of the subreddit group WallStreetBets (WSB), rebelling...

In the recent week, arguably the most talked-about Reddit group, WallStreetBets (WSB), has taken it up to large Wall Street hedge funds. Their latest initiative resulted in pushing silver to an 8-year high.As the price of the precious metal surges, popular TV host and Bitcoin proponent Max Keiser connected their rebellion with Bitcoin as both aim to find an exploit in a corrupt financial system.WSB Short Squeeze On SilverA Reddit group with millions of quickly rising subscribers made the news...

The restructuring within the BTC derivatives exchange BitMEX continues with the addition of Wai Kin Chim as an Independent Non-Executive Board Director of 100x Group. Additionally, the former Chief Credit Officer (CCO) at the Bank of China and the company’s recently appointed CEO will join the board of directors as of February 1st.Former Bank of China Exec Heads Over BitMEXAccording to a recent BitMEX statement, the appointment of Chim aims to enhance the company’s initiatives on...

January 2021 will remain in crypto history with multiple bitcoin records, including ATHs for the BTC price, hash rate, and mining difficulty. Moreover, recent data indicated that the number of unique addresses transacting on the network had also surpassed the previous record from three years ago.Bitcoin’s Activity Sees An ATH RecordAccording to data from the analytics company Glassnode, the number of unique addresses on the Bitcoin network that either sent or received coins had charted a...

Just a few days after shocking the world by updating his Twitter bio to include only “Bitcoin,” Tesla’s Elon Musk has doubled-down on his support on the cryptocurrency. During a recent speech, Musk said that BTC is on the brink of a broader adoption from traditional financial representatives.According to a Reuters report, Musk showed his recently-found favoritism for the primary cryptocurrency during a speech on the invitation-only social media app Clubhouse by saying that: “I am a supporter...