Tag Archives: BTCGBP

The number of bitcoins stored on cryptocurrency exchanges has been gradually decreasing while the number of BTC whales keeps increases. Having also in mind the aftermath of the halving and institutions purchasing massive quantities of the asset, it could lead to a significant liquidity crisis.Bitcoin Whales Behavior And BTC On ExchangesData from the monitoring resource CryptoQuant informs that the number of bitcoins kept on crypto exchanges has been continuously dropping for nearly a year.As...

After setting the current all-time high level at $42,000, according to Bitstamp, Bitcoin price saw a retracement to the $38K – $39K area followed by a quick recovery back above $40K over the weekend.However, despite reaching $41K earlier today, Bitcoin had plunged to a current low of $38,555 (Bitstamp) before recovering slightly to where it is trading right now – $39,500.Looking at the bigger picture and as shown on the following 4-hour chart, Bitcoin had broken below the rising channel and...

In a recent Twitter reply, the CEO of Tesla and SpaceX admitted that he wouldn’t turn out getting paid in Bitcoin. His statement came as a reply to Ben Mezrich, the author of Bitcoin Billionaires. Ben Mezrich and Elon Musk on BitcoinA couple of days ago, Ben Mezrich, the author of Bitcoin Billionaires: A True Story of Genius, Betrayal, and Redemption, took it to Twitter to say that he wouldn’t turn down getting paid in bitcoin again.As CryptoPotato reported earlier in 2020, Bitcoin started...

It has taken roughly seven years, but one of Cameron Winklevoss’ bitcoin price predictions has materialized. Back in 2013, the Gemini co-founder and long-term BTC supporter said that the cryptocurrency will reach a price tag of $40,000 faster than anyone imagines.2013 Winklevoss Prediction Comes TrueBack in December 2013, Cameron Winklevoss, previously known for his involvement in Facebook, provided what seemed like a wildly optimistic and perhaps outrageous bitcoin price prediction.At the...

Most alternative coins have resumed their recent bull run, including double-digit increases on behalf of most of the large-caps, including Bitcoin Cash, Bitcoin SV, Chainlink (LINK), Ripple, Litecoin, and Cardano. The second-largest, Ethereum, has also surged to new highs and has come about $100 away from the 2018 record of $1,450.Simultaneously, BTC has stalled slightly around the $41,000 mark, and its dominance over the market has reduced to 68.5%.Exploding Alts: Ethereum Nearing...

It has been less than three years since one of the most celebrated traditional investors, Warren Buffett, famously called bitcoin “rat poison squared.” While he envisioned the cryptocurrency’s demise at the time, BTC has so far survived, surged by over 300%, and its market capitalization has surpassed that of Buffett’s company – Berkshire Hathaway.The Rat Poison That Ate Buffett’s CompanyThe year was 2018, bitcoin had just started to cool off after its parabolic price increase that led to...

A recent report informed of a new type of malicious operation that has been active for over a year and has targeted thousands of cryptocurrency users. Dubbed ElectroRAT, it’s written from scratch to work on various operating systems and promoted via dedicated forums and marketing campaigns.A New Threat For Crypto UsersThe cybersecurity company Intezer issued a report describing the latest threat for cryptocurrency users. It reads that the firm discovered the operation in December 2020, but it...

Social Capital CEO Chamath Palihapitiya sees bitcoin eventually expanding into a six-digit price territory. The former Facebook executive also doubled-down on his belief that BTC is an insurance policy that will thrive in the current times of economic uncertainty, but it will grow to something “much more important.”$200K Per Bitcoin; PalihapitiyaThe founder of the venture capital firm Social Capital has been a long time bitcoin supporter. He admitted last year that his first BTC purchase came...

Following another all-time high and a wildly volatile day, bitcoin has retraced slightly and calmed around the $40,000 price mark. Most large-cap alternative coins have also lost some steam, but some lower- and mid-cap ones have skyrocketed in the past 24 hours.Bitcoin Stalls Beneath $40KThe past several days have been quite bullish for the cryptocurrency. After it dipped briefly beneath $28,000 on Monday, bitcoin went on a roll. It reclaimed the $30,000 tag almost immediately and continued...

There is no denying that institutions and the big players have been the catalyst for this current crypto market cycle and that notion has been reaffirmed by Morgan Stanley’s latest acquisition.According to reports, Morgan Stanley’s investment management arm boosted a stake in Bitcoin vehicle MicroStrategy Inc. to more than 10% late last year.The move signifies a growing interest in crypto assets from major banks which are clearly paying more attention to the space.Boom!Morgan Stanley just...