Bitcoin volatility is not at the same level seen during the 2017 bull run but analysts still say lower price swings are necessary to maintain upward momentum. Bitcoin (BTC) has hit a new high above $51,300 in a continuation of…
Kategorie: Crypto Flash News
Banks increasingly interested in Bitcoin, says Elliptic co-founder
Several financial institutions in the U.S. are “are seriously considering launching some type of cryptocurrency service,” an Elliptic co-founder said. Global banking institutions have been expressing more interest in Bitcoin (BTC) as the cryptocurrency consistently breaks new all-time highs, according…
Polkadot indicator? Data shows Bitcoin has been following DOT price for months
Data shows Polkadot’s price action has been a bellwether for Bitcoin in the past few months. Polkadot (DOT) is seeing an impressive 180% gain in 2021 so far, surpassing XRP for fourth place by market capitalization. Polkadot is a multi-chain protocol that…
Bitcoin selling at 36% premium in Nigeria
In the wake of the recent ban on Nigerian banks’ servicing of crypto exchanges, Bitcoin’s price in the country has seemingly spun out of control. It’s been roughly 11 days since the Central Bank of Nigeria banned all regulated financial…
German cannabis company hedges with Bitcoin in case euro crashes
SynBiotic SE cites “legitimate concern” about a “massive devaluation of fiat money.” SynBiotic SE, a German cannabis company, has announced that it is following the lead of companies like MicroStrategy and Tesla in shifting part of its liquid cash holdings…
GPU hardware firm riles gaming community by flirting with crypto miners
Hungry for coin? A computing hardware firm has angered gamers after apparently marketing the already scarce Nvidia RTX 30 series to cryptocurrency miners. Computing hardware manufacturer Zotac angered a customer base of loyal gamers on Feb. 16 after it posted…
Microsoft has no plans to make Tesla-like move into Bitcoin, says president
Microsoft president Brad Smith did not exclude the possibility of the company putting Bitcoin on its balance sheet one day. Microsoft, the second-largest company in the United States, does not apparently have any short-term plans to put Bitcoin (BTC) on…
Bitcoin hits a new high of $51.3K as analyst declares ‘historic’ parabolic advance
It’s all systems go for Bitcoin as bulls look to cement $50,000 as support and create the “new normal” for BTC/USD. Bitcoin (BTC) hit new lifetime highs of more than $51,200 on Feb. 17 as it tackled what trader Peter…
Ethereum joins the $200 billion club — But is it worthy?
Ethereum broke the $200 billion market cap mark, surpassing secular companies such as Novartis and AT&T. Ether (ETH) is up 150% in 2021, causing its market capitalization to soar above $200 billion. Most traders are fixated on the unitary price,…
‘Fair Launch’ tokens outshine the average coin’s performance
Data from Messari shows the top 20 “Fair Launch tokens” are outperforming both the top 1,000 crypto assets and Ethereum-based assets on average this year s far. So-called ‘Fair Launch’ tokens are outperforming most projects released via centralized token distribution…