Tag Archives: social

The total crypto market cap has surged to a new all-time high of $1.150 trillion as bitcoin topped $38,000 before retracing back below it. Most alternative coins also marked substantial gains, including fresh all-time highs for Ethereum and Polkadot.Bitcoin Touched $38KAfter the calm weekend in which BTC retraced to about $32,000, the primary cryptocurrency started to gradually increase its value. This led to yesterday’s break out from the consolidation triangle and an intraday high of...

The Coinbase outflows to custodial wallets, considered by CryptoQuant as an adequate price prediction tool, have caught the latest price increase that drove BTC from $32,000 to $37,000 in a few days.The CEO of the analytics company attributed this to institutional demand and said that such purchases are among the most notable bullish signals.Coinbase Outflows: Game Changer?Ki Young Ju, the CEO of CryptoQuant, has repeatedly highlighted the importance of Coinbase BTC outflows. He explained...

The world’s leading payment processor, Visa, has announced a partnership with First Boulevard – a digital neobank that is focused on building generational wealth for the Black Community.The aim of this collaboration is to pilot Visa’s new suite of cryptocurrency API’s that will enable the company’s customers to purchase, custody, and to trade digital assets held by Anchorage.Anchorage is a federally chartered digital asset bank.As CryptoPotato reported last week, the company said that it...

The world’s leading cryptocurrency exchange by trading volume, Binance, has launched a beta version of a contactless and borderless crypto payments product by the name of Binance Pay. The exchange will enable its users to send and receive crypto payments worldwide, similarly to PayPal.The Crypto PayPal?Presented earlier today by the company’s CEO, Changpeng Zhao, Binance will launch its latest product – the Binance Pay. Currently, in a beta stage.“Binance Pay is a basket product that we plan...

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...

The Wall Street Bets saga is undoubtedly the most interesting thing that happened to the global financial markets in the past few months. A group of Redditors managed to cause mayhem on Wall Street, but is the game over?Wall Street Bets – a Short Story?January was an exciting month. A group called Wall Street Bets propelled a movement that evolved into a protest against Wall Street in the face of large hedge funds. Millions of people weighed in to exploit the fact that some funds had been...

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...