Nexo co-founder targets Bitcoin at $100K by mid-2022
Don’t write off Bitcoin, says Nexo co-founder Antoni Trenhcev. Every time you do, it significantly outperforms. Go to Source Powered by WPeMatico
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Institutional tax-loss harvesting weighs on the Bitcoin price as 2021 comes to a close
BTC price retests the recent lows at $46,000 as institutions appear to be “selling for tax reasons” while $52,000 remains a major hurdle in the path higher. Go to Source Powered by WPeMatico
Frax Share, Swipe and Gnosis lead the altcoin market as Bitcoin recovers to $47.5k
Data from Cointelegraph Markets Pro shows FXS, SXP and GNO posting double-digit gains as BTC bulls look to recover support at $47,500. Go to Source Powered by WPeMatico
Little forkers: BCH and BSV get crushed by Bitcoin price in 2021
The two cryptocurrencies look poised to end 2021 in double-digit percentage losses against Bitcoin. Go to Source Powered by WPeMatico
MicroStrategy purchases 1,914 Bitcoin, now holds almost $6B in crypto
The company’s holdings are valued at roughly $5.9 billion, representing more than $2.1 billion in gains since its initial purchase in August 2020. Go to Source Powered by WPeMatico
Bitcoin ‘died’ 45 times in 2021 as media still eager to post BTC obituaries
438 Bitcoin obituaries have been counted since 2010, and the year 2017 still remains to account for most “deaths.” Go to Source Powered by WPeMatico
Analysts warn that possible downside wick could push BTC price as low as $44K
A double top formation preceded Bitcoin’s plunge below $48,000 on Dec. 28 with some analysts suggesting it could dip to $44,000 before resuming its uptrend. Go to Source Powered by WPeMatico
Bitcoin rises above $51K as the dollar flexes muscles against the euro
Bitcoin regained its bullish bias after reclaiming $50,000 ahead of the yearly close, even its safe-haven rival, the U.S dollar, signaled continued upside strength in the coming sessions. Go to Source Powered by WPeMatico
Analysts say 2022 will be ‘defined by agility and cost-efficiency’ instead of ‘blockchain purity’
In addition to BTC price hitting $100,000, analysts expect the crypto market to pivot toward “cost efficiency” and “agility” in 2022. Go to Source Powered by WPeMatico
Microstrategy CEO Foresees Bitcoin’s Price Reaching $6 Million
The CEO of Microstrategy expects the price of bitcoin to reach $6 million, noting that it is “unstoppable” and will replace gold. The executive personally owns 17,732 bitcoins while his company is hodling 122,478 bitcoins. Microstrategy’s CEO Expects Bitcoin to Hit $6 Million Microstrategy CEO Michael Saylor talked about his bitcoin strategy and BTC price … Read more