Tag Archives: social

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 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 US branch of the leading cryptocurrency exchange Binance has joined the long list of trading venues that will remove the XRP token from its platform. At the same time, the asset has continued with its price drops as it struggles with the $0.20 level.CryptoPotato reported a few weeks back that the US Securities and Exchange Commission has brought charges against Ripple alleging the company of conducting a $1.3 billion unregistered security offering.Although the payment processor claimed...

The price of the Polkadot token (DOT) has skyrocketed by about 60% in a week to a new yearly high of $7.7. This development coincided with positive news from Binance as the leading crypto exchange announced a $10 million fund to support projects within the Polkadot ecosystem.Binance’s $10M Fund For PolkadotLaunched via an ICO in 2017, Polkadot’s network allows interoperability and scalability for all protocols that employ it. The project’s popularity has skyrocketed since mid-2020 after...

Following the SEC charges on Ripple and numerous cryptocurrency exchanges delisting the native token, Ripple has issued another statement to confirm its belief that this is an attack on the entire industry.XRP reacted with a brief pump, but the asset’s value continues to tumble on a daily basis.Ripple’s Latest Reaction On The SEC ChargesAs reported earlier this month, the US Securities and Exchange Commission pressed charges against Ripple, alleging that the payment processor has conducted a...

In an interesting twist of events, the Mayor of Miami, Francis Suarez, has said that he’s open to exploring the idea of putting 1% of the city’s treasury reserves in Bitcoin.Earlier today, well-known Bitcoin permabull and proponent Anthony ‘Pomp’ Pompliano came up with an interesting tweet. He urged his followers to retweet it if they “would move to Miami if Mayor Francis Suarez put 1% of the city’s treasury reserves in Bitcoin.”Less than an hour later, the tweet has been shared over 1,200...

Despite surging in value to fresh all-time highs, the community’s social perspective on bitcoin hasn’t peaked yet, unlike previous bull runs. Since euphoric levels are typically a good indicator of an upcoming correction, this raises discussions if the current levels suggest that BTC is still a long way from its top.Positive But Not Euphoric On BTCBitcoin has enjoyed the past few weeks, especially after it broke above $20,000 for the first time in mid-December. The cryptocurrency continued...