Tag Archives: BTCEUR

MicroStrategy, the publicly-listed company that was amongst the first to put Bitcoin on its balance sheet, has now announced plans to raise another $600 million to buy more of the digital currency.In a press release dated February 16th, MicroStrategy announced that it intends to offer a $600 million aggregate principal amount of convertible senior notes that are due 2027 in a private offering to qualified institutional investors.Furthermore, the release adds that:The notes will be convertible...

The price of Bitcoin just surpassed another milestone – the $50K, according to Bitstamp. This comes only five weeks after breaking $40K and six weeks following the $30K breakout.Bitcoin is now recording a 72% return on investment in 2021 alone. The cryptocurrency has also delivered a 1200% ROI since recoding its 2020 low of $3,800 from March.BTC/USD, chart by TradingViewThe price of BTC had a great year. Starting 2020 below $8,000, the cryptocurrency broke $13K only in the middle of October,...

Over the past 24 hours, we saw the cryptocurrency market recovering from a mild correction that took place on early Monday morning. Bitcoin touched $50,000 for the first time, the total cryptocurrency market capitalization increased above $1.5 trillion, while Polkadot became the 4th biggest project by market cap, surpassing Cardano by an inch.Bitcoin Price Taps $50KFor the first time in history, the primary cryptocurrency tapped the coveted mark of $50,000. This is a major milestone for...

Bitcoin dropped by a small 2.8% today after failing to breach resistance at $50,000 yesterday. The cryptocurrency increased by 22.5% over the past week of trading as it surged higher to meet resistance at $48,570 (1.414 Fib Extension green).Yesterday, Bitcoin was able to breach the significant resistance at $48,570 but struggled to advance above the next major supply zone at $49,500 – $50,000. It then failed to close the daily candle above $48,570, and drop further down to retest below...

The recent boom in institutional interest in Bitcoin and cryptocurrencies might be a fresh sign that the market needs crypto regulations. SEC Commissioner Hester Peirce pointed out that the wide range of investors would also improve price formation.Institutional Interest as the Long-Awaited Sign for Crypto RegulationsUS Securities and Exchange Commission (SEC) commissioner Hester Peirce has said that there is a need for precise cryptocurrency regulation. According to a recent news report, the...

Bitcoin went through a mild correction in the past hours. Its value dipped below $46K after failing to conquer the coveted $50,000 level. However, according to the CEO of a popular cryptocurrency monitoring resource, this might be the time to buy BTC if you’re a long-term investor.‘Now is the Time to Buy BTC’Bitcoin went through what many consider to be a mild healthy correction. As CryptoPotato reported earlier today, the cryptocurrency dipped below $46,000 after failing to clear the coveted...

This Monday, in the EU morning trading session, the cryptocurrency market is going through a pullback. Bitcoin got rejected at $50K as it was unable to break this level, resulting in a drop that saw around $70 billion wiped off the total cryptocurrency market capitalization at the time of this writing.Bitcoin Price Fails at $50K.Hopes were high yesterday that the price for Bitcoin would finally break the coveted $50,000 mark. The cryptocurrency came very close to breaching it. It charted a...

On Sunday, Feb. 14, Bitcoin prices hit an all-time high of $49,850 according to Tradingview, however, on some exchanges it may have reached $50k.Since then, it has begun a sharp correction dropping prices by 7% in a retread to just over $46k during early trading in Asia on Monday. At the time of press, Bitcoin was changing hands for $47,100 and looking in danger of falling further if current support levels fail.BTC/USD Binance – Tradingview.comThe next level of support below the current one...

The giant US multinational investment bank JPMorgan Chase & Co could be among the next entities to get involved with bitcoin. The bank’s co-president Daniel Pinto recently said that while the demand for the first-ever cryptocurrency isn’t fully there yet, it will be at some point, and the institution has to be prepared.JPM To Be Next On The BTC Bandwagon?Last year was indeed pivotal for the primary cryptocurrency as the COVID-19 pandemic highlighted its benefits to the traditional...

A bitcoin investment worth $1,200 following the first stimulus checks sent by the US government in April 2020 would have skyrocketed by more than 600% until today to over $8,500.Although this is a spectacular growth for less than a year, the same investment put in Ether would have presented an even better ROI of over 1,000%.Option 1) Stimulus Put In BTCThe US government initiated a drastic measure last year to sent stimulus packages to its citizens following the COVID-19 pandemic, which...