Tag Archives: BTCGBP

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...

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...

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...

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...

The global crypto market has risen another $30 billion today, which has helped lift Bitcoin out of yesterday’s bearish descending triangle and onwards towards a new all-time high at $28,800.Despite the increase in investment entering the market over the last 24 hours, the overall trading volume has actually declined by $10 billion.This, coupled with the fact that there is a substantial RSI divergence on the Bitcoin price chart right now, suggests that the current bullish trend is weakening...

The cryptocurrency market shows no signs of slowing down today. The total capitalization has added almost $4 billion in the past 24 hours, surging to levels not seen since January 2018. At the time of this writing, the total market cap sits just shy of $760 billion, according to CoinMarketCap.Bitcoin price continues to paint fresh all-time highs on a daily basis. Earlier today, CryptoPotato reported that the cryptocurrency has managed to break out once again and chart a new high at $28,600....

The 100 BTC kidnapping case in the Indian state of Karnataka continues to develop as the local police have arrested another suspect on the case. Reports say he was the one who abducted the kid in front of his home after being recruited by the mastermind of the entire operation.Progress On A 100 BTC Ransom CaseJust a couple of weeks ago, perpetrators demanded a 100 BTC ransom for the son of a local businessman and crypto investor after abducting the eight-year-old boy in front of his home in...

GreenPro Capital has announced its plans to set up a BTC Fund for investment. The firm confirms its belief that Bitcoin might be the next best thing and a truly reliable store of value.Another Believer In The Bitcoin Institutional FutureGreenPro Capital Corp (NASDAQ listed as GRNQ) is among the latest corporations to express positivity about the future of Bitcoin. In a recent announcement, the financial advisory service provider noted that it believes that banking institutions, hedge funds,...

Bitcoin price has fallen under the psychological $27,000 level today and is now tracking inside a descending triangle pattern on the 4-hour chart.These patterns form when the price consolidates between a sloping resistance and flat support (yellow lines). It’s usually a signal that bearish momentum is increasing and that the flat support will be overcome soon.Breakouts from this pattern tend to be quite extensive and require strong supports to provide bullish traders with an opportunity to...

Carolina Panthers tackle Russell Okung is doubling up his Bitcoin game. The well-known Bitcoin evangelist announced that he would receive 50% of his total salary in Bitcoin.This makes Russell Okung the first NFL player to be paid with Bitcoin —or any crypto to be fair, giving BTC a further boost as it keeps making headlines in recent weeks with news of more adoption and interest from institutional investors.A $6.5 Million Touchdown for BTCThe initiative must be approved by both the NFL and...