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Bitcoin (BTC) News


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Peter Brandt about BTC price

Trader Peter Brandt About What Will Make BTC Price Go Higher

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Well-known trader Peter Brandt shared his opinion on Twitter about the factors that will make Bitcoin price up. According to him, the leading cryptocurrency will see a price increase in the case of all the FOMO buyers who had laser eyes on Twitter take their losses. $BTC will go higher once all...

Ann Cairns

Mastercard called bitcoin unsuitable for payments

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Bitcoin does not behave like a payment instrument - it is extremely volatile and takes too long to complete, Mastercard executive chairman Ann Cairns said in an interview. “If you and I go to drink coffee, and I decide to pay in bitcoins, our drink may cost me, for example, 40% more expensive...

Munger

Another elderly billionaire urged not to buy bitcoin

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Many older financiers are critical of bitcoin. Suffice it to recall Peter Schiff, who on Twitter periodically tries to present cryptocurrency from the worst side. He also urges investors to stop buying BTC and switch to gold, which he believes is the safest asset. Billionaire Charlie Munger, 97,...

Bitcoin

Bitcoin futures trading volume hits new high

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Amid falling bitcoin prices, BTC futures trading volumes have skyrocketed this week. If at the beginning of the week the largest digital currency was trading above $ 58,000 and was preparing to break through to $ 60,000, then on Monday its rate fell by more than $ 10,000. Bitcoin found the bottom...

MicroStrategy $1 Billion Bitcoin

MicroStrategy Acquired Over $1 B Worth of BTC

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Enterprise analytics firm MicroStrategy informed on February 24 that it expanded its bitcoin funds by $1 billion. The news came on February 19, when the second trade of convertible debt was closed. MicroStrategy bought the 19.452 Bitcoins paying an average cost of $52,765 for each. Thus, the...

Square new investment in BTC

Square Invests $170 M in BTC

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American Financial services Square made another investment in Bitcoin. The firm invested $170 million in the asset. According to the company's Q4 report, the firm has already made $1.76 B from Bitcoin trades implemented in the final quarter of 2020. This is 1000% more compared to the sum of the...

Bill Gates

Bill Gates commented on Tesla's investment in bitcoin

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Microsoft founder Bill Gates in an interview commented on Tesla's investment in bitcoin. Presenter Emily Chang noted that Tesla could make more returns on its Bitcoin investment than it does from selling electric vehicles throughout 2020. When Gates was asked about the potential impact of tweets...

BTC price decline

BTC Price Sees Major Decline. Investors Lose Money

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In the previous two weeks, Bitcoin price grew by over 40% reaching its all-time high of $58.000. However, on February 22, the price took a dip falling to $48.900. At the moment, the leading cryptocurrency trades at around $50.000. Blockchain data provider Glassnode notes the number of addresses...

Twitter

Block Research notes surge of Twitter users' interest in BTC

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The Block Research team found that in February 2021, the number of mentions of bitcoin on Twitter rose to a record high. This trend is directly related to the strengthening of the BTC rate. Recall that at the end of last week, the largest digital currency exceeded $ 58,000, today the coin fell back...

BTC above $58.000

Bitcoin Price Hit $58.000 Surpassing the Price of 1 KG Gold

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The leading cryptocurrency continues to reach new highs. It has already surged above $58.000. Thus, the cost of 1 Bitcoin exceeded the price of 1 Kilogram of gold. Along with this its market cap soared over $1 trillion. At the very start of the year, on January 2, Bitcoin reached $30.000. On...

BTC $56.000 Ether $2000

Bitcoin Surpassed $56.000 and Ether $2000

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Today Bitcoin and Ethereum reached new all-time highs: $56.000 and $2000 correspondingly. The CEO of Tesla Elon Musk set Bitcoin to his Twitter profile avatar. Afterwards, Bitcoin reached a new all-time high of $56.000 with a market cap exceeding $1 T. It's Musk's second profile change including...

Musk answer to Changpeng Zhao

Musk Says It's Not Wise to Ignore Investment Alternatives

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Business magnate Elon Musk says "only a fool" would ignore alternative options for investment. Recently the CEO of Binance, Changpeng Zhao expressed his surprise about Elon Musk's approach to DOGE and BTC in an interview. Particularly, Zhao said he didn't understand why Tesla bought...

Bitcoin

BTC dominance index falls to 60%

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The growth of the cryptocurrency market was not only the result of the bitcoin (BTC) run but also the rise in prices for the largest altcoins. As a result, BTC's dominance index fell to its lowest level since October last year. Now, this figure is 60%. The share of Ether (ETH) in the market rose to...

Bill Gates

Bill Gates: I don't have bitcoin and I treat it neutral

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Microsoft founder Bill Gates said in an interview with CNBC that he has taken a neutral stance on Bitcoin. “I don’t have bitcoin, I don’t have a short position in bitcoin. I am neutral towards this asset,” he said. Gates noted that his foundation uses certain forms of digital currency in...

BTC

Bitcoin hits $52000 to set a new all-time high

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On February 17, the price of BTC crossed the $ 52000 mark. The asset is growing amid news from the software provider Microstrategy, which raised the target of issuing convertible notes from $ 600 million to $ 900 million with the option to purchase an additional $ 150M. The company will use the...

Motley Fool BTC investment

Financial Advisor Motley Fool Adds $5 M BTC to Its Portfolio

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Virginia-based monetary and investing advice company announced investing $5 M in Bitcoin. The purchased coins will be added to the company's assets-and-liabilities as well as to its "10X" campaign. That means Motley Fool expects Bitcoin price to reach $500.000 within 15 years. The...

BTC at $51.000

Bitcoin Broke $51.000 First Time in History

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Today Bitcoin set another all-time high of $51.000. On February 15, the price surpassed $49500, and the day after that it went up to $50.000. At the moment the leading cryptocurrency trade at around $50.800. The market cap stands at $944 Billion at the moment. Along with this, miners' revenues...

Bitcoin

Miners cut bitcoin sales in February

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Researchers from the Glassnode team found that mining pools started selling fewer bitcoins in February. In January, by contrast, they were actively selling coins to earn as much as possible. By the beginning of this month, the miners received enough funds and switched to accumulative tactics. The...