Monthly Archives: February 2021

2021 Bitcoin Investment Research Report

Bitcoin, the decentralized digital currency, was established on January 3, 2009 by Satoshi Nakamoto, the pseudonymous developer(s) who pieced together its original source code. Satoshi mined the very first Bitcoin block and received 50 BTC for the work. After that, the decentralized cryptocurrency network was born, and it would begin to grow and spread throughout the world like a virus. Bitcoin’s price has surmounted a wall of worry since this 2009 origin. It went from few people thinking it has value, to millions of people around the […]

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Thanks a trillion Bitcoin, Binance Coin goes parabolic, NFT mania: Hodler’s Digest, Feb. 14–20

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Bitcoin hits $57,500 And $1-trillion market cap signals its here to stay Bitcoins price continued to smash records this week, […]

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3 key factors that propelled Ethereum to $2,000 for the first time ever

Ether price is attempting to conquer $2,000 as the Ethereum blockchain is seeing increasing demand. The price of Ether (ETH) is surging past $2,000 with strong momentum while gaining a bit of ground on Bitcoin (BTC) in the last 24 hours.  There are three key reasons behind the explosive rally of Ether, namely the rapid growth of DeFi, the hype around ETH after the CME futures listing, and the decreasing amount of BTC and ETH on exchanges. ETH/USDT 4-hour price chart (Binance). Source: TradingView.com CME futures listing […]

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Bill Gates Neutral on Bitcoin but Says Cryptocurrency Is an Innovation the World Can Do Without

Microsoft founder Bill Gates is no longer a bitcoin bear. He has now taken a neutral stance on bitcoin as an investment. However, as an innovation, he says that cryptocurrency is one that the world would be better off without because it allows for certain criminal activities. Bill Gates Changes His Mind About Bitcoin Bill Gates spoke about bitcoin and cryptocurrency in two separate interviews Thursday. One was with CNBC where he was asked what he thinks about bitcoin “in the context of climate change seeing how […]

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Ravencoin (RVN) gains 865% as interest in tokenized securities grows

The recent controversy over traditional brokerages restricting stock purchases cast a positive light on tokenized securities and boosted interest in projects like Ravencoin. Ravencoin (RVN) price has rocketed higher in February as a fresh wave of buying volume lifted the token’s price by more than 800% in the past 20 days.  Data from Cointelegraph Markets and TradingView shows that RVN rose from $0.016 on Jan.29 to a new all-time high of $0.189 on Feb. 19 on top of a record $1.28 billion in 24-hour trading volume. RVN/USDT […]

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Bitcoin skeptic debates Bloomberg analyst in latest Cointelegraph Crypto Duel

Economist Frances Coppola and senior commodity strategist at Bloomberg Mike MgGlone clash on everything Bitcoin. In a recent video debate, Bitcoin skeptic Frances Coppola debated Bloomberg senior commodity strategist Mike McGlone on the economics of Bitcoin, market manipulation and predictions for 2021.  Coppola is skeptical that Bitcoin will ever succeed as a store of value because of its high volatility which, according to her, is a direct consequence of the asset’s fixed supply rate. “With a fixed rate of increase of supply (…) the only thing that […]

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Elon Musk says BTC, ETH prices “high” while dunking on Peter Schiff

While Musk said Schiff “might as well” have crypto in lieu of gold deposit statements, he did warn that digital currency valuations may be running hot While his electric car company announced a Bitcoin purchase weeks ago, Elon Musk finally became a true Bitcoiner last night by engaging in a time-honored cryptoTwitter pastime: dunking on Peter Schiff.  Yesterday morning Schiff, the noted gold bug and Bitcoin skeptic, posted a Tweet thread in which he criticized Elon Musk’s comment that Bitcoin is a flawed currency, though still better […]

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Crypto Earning vs. Savings Accounts: How You Can Get Up to 17% Annually Holding Digital Assets

The mainstream has caught a whiff of the gains cryptocurrencies like bitcoin and ethereum have seen, but many people are not aware of the passive income crypto users are getting as well. While financial incumbents are giving people with savings accounts a measly 0.35% to 0.60%, digital currencies can give people 1-17% or even more by leveraging certain tactics. Crypto Returns That Outpace the Savings Account You may have heard the term “make your money work for you” in the past, and that’s what savings accounts do […]

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Bitcoin price must now hold above these levels to break $60K

It’s important for Bitcoin to hold above $50,000 for more upside. Bitcoin’s (BTC) price has been consistently rallying in the past few weeks, reaching its latest new high of around $57,500 on Feb. 20. The week has seen more bullish news such as the first German listed company allocating its cash reserves to BTC as well as the launch of the first Bitcoin ETF in Canada, which traded over $220 million in its debut.  Just for a day — Elon Musk (@elonmusk) February 19, 2021 Such news […]

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NFT market top signal? Fake Banksy nets over $1 million in ETH from NFT sales

With a charity and some slapdash art theory as a cover, a copycat makes off with 512 ETH in NFT sales As the cryptoTwitter community debates the fair value of Cryptopunks and other NFTs rising to sky-high valuations, there’s at least one clear sign of the digital collectibles market growing irrational: an individual posing as Banksy, perhaps the most famous living artist, has netted over $1 million in ETH in NFT sales.  Starting on Sunday, Feb 14, frequent browsers of the NFT marketplaces Opensea and Rarible noticed […]

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