Monthly Archives: February 2021

Ethereum killers and layer-2 tokens rally despite 5% Bitcoin price drop

Altcoins offering layer-2 solutions pushed higher while profit-taking resulted in Bitcoin price pulling back to the $45,000 level. On Feb. 10, Bitcoin (BTC) price pulled back 5% from its newly established $48,220 high and a number of altcoins also underwent slight corrections.  Data from Cointelegraph Markets and TradingView shows Bitcoin has declined 4.96% since yesterday’s highs and currently trades at $44,900. The pullback to the $45,000 level could simply be the result of traders taking recent profits from Bitcoin and altcoins as the rally appeared to be […]

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In First For Commercial Bank, Blue Ridge ATMs Are Now Selling Bitcoin

Banks are increasingly changing their stance on Bitcoin to meet their customers’ demands and, as of today, you can now buy and redeem bitcoin at 19 Blue Ridge Bank ATM locations, per a press release.  “Blue Ridge Bank has announced that for the first time in U.S. history a commercial bank is providing access to Bitcoin at its branch locations,” according to the release. “Cardholders can purchase and redeem Bitcoin at 19 Blue Ridge Bank ATM locations, consisting of both branch and off-site ATMs.” Though bitcoin- and […]

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BadgerDAO partners with Yearn.Finance to build sustainable Bitcoin vaults

Bitcoin in DeFi gets a promising boost as two major yield vault projects join forces Today, Bitcoin-on-Ethereum yield vault project BadgerDAO and fellow yield vault platform Yearn.Finance announced a partnership designed to bring Yearn’s sustainable vault expertise to Badger.  “Today we’re excited to develop a partnership that will bring our teams together to further accelerate best in class BTC vaults for the industry,” BadgerDAO said in a blog post. “This is a step to further secure users funds as we continue to introduce more Yearn developed, maintained […]

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3 reasons why Binance Coin (BNB) hit a new all-time high at $148

Record high trading volume and new offerings from Binance are a few of the factors behind Binance Coin hitting a new all-time high at $148. On Feb. 10 Binance Coin (BNB) hit a new all-time high at $148 after the native exchange token rallied 121% since the start of the week.  Data from Cointelegraph Markets and TradingView shows that BNB rose from $35.37 on Jan. 11 to $148, a 256% increase in less than a month. BNB/USDT 4-hour chart. Source: TradingView Three reasons for the explosive growth […]

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Lindsay Lohan Tweets ‘Bitcoin to the Moon’- Celebrities Are Flocking to Crypto in Great Number

Ever since bitcoin and a number of other digital assets started seeing price gains 11 months ago, a great number of celebrities started jumping on the cryptocurrency bandwagon. More recently famous people like Kiss frontman Gene Simmons, the retired American rapper Logic, hit record producer Murda Beatz, and Game of Thrones actress Maisie Williams have all been talking about digital currencies like bitcoin. On Wednesday, the well known actress Lindsay Lohan tweeted about the leading currency to her 8.4 million followers. For years now, famous people have […]

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Are Elon Musk’s Dogecoin Tweets Misdirections? Or Just Bad Jokes?

At the outset of this article, let’s start with the fact that Tesla’s purchase of bitcoin was in the best interest of the company. It is the most effective way CEO Elon Musk and company could — in the short term — fortify their balance sheet and position Tesla to execute its long-term vision.  We’re both Tesla shareholders. And one of us — ProgrammableTX — also drives a Tesla, has his house powered by Tesla solar panels and owns a Tesla Powerwall, which has gotten him through […]

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“We don’t plan to invest in Bitcoin,” says CEO of company that made the Pontiac Aztek

General Motors once had a chance to dominate electric vehicle sales — but it killed the EV1 instead. Will its dismissal of Bitcoin cost it as dearly? Mary Barra, who has served as the chief executive officer of General Motors for seven years, said the company has no immediate plans to emulate Tesla’s Bitcoin purchase. During GM’s Q4 2020 earnings call today, Barra said the firm would monitor demand for customers wanting to pay for vehicles using Bitcoin (BTC), but didn’t intend to make a massive crypto […]

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Interview: Trading Our Time To Earn Bitcoin With Math Cannot Be Banned

Listen To This Episode Apple Spotify Libsyn For this episode of Bitcoin Magazine’s “Meet The Taco Plebs,” I was joined by fellow pleb Math Cannot Be Banned (@beeforbacon1) for his first-ever podcast appearance. We started off this conversation with the guest sharing his rabbit hole story and how he found Bitcoin. He explained that being a libertarian before finding Bitcoin helped him grasp the importance of having sovereign money and why Bitcoin is important. He discussed his very brief shitcoin phase, which he is grateful didn’t last […]

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Youngest HODLer ever? Elon Musk buys DOGE for his 9-month-old son

“Toddler HODLer” may soon become a new meme in the crypto space. Elon Musk’s child with Canadian musician Claire Elise Boucher, or Grimes, may now be one of the youngest public crypto users on record. In a tweet today from the Tesla CEO, Musk said his 9-month-old son is now the proud — or maybe just fussy — owner of some Dogecoin (DOGE), referring to him as a “toddler HODLer.” The boy, born last May, is named X Æ A-Xii — pronounced “ex ash eh twelve” — […]

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Price analysis 2/10: BTC, ETH, ADA, XRP, DOT, BNB, LTC, LINK, DOGE, BCH

Bitcoin and select altcoins are witnessing profit-booking at higher levels, a signal that a short phase of consolidation could occur over the next few days. Bitcoin’s (BTC) market capitalization topped $889 billion on Feb. 9, pushing BTC above the value of Tesla and the Russian ruble, according to data from AssetDash. The current rally is longer limited to Bitcoin as several altcoins have been surging in the past few days. This shows the buying interest is broad-based and today the total crypto market cap surpassed $1.4 trillion. While the […]

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