The increase of US stimulus package talks serves as a booming situation for Bitcoin and Gold. However, Bitcoin price strikes a new record while Gold declines.
Michael Saylor, the CEO of MicroStrategy, is one of those who believes Tesla’s bet on Bitcoin can have a tremendous ripple effect.
The first Bitcoin ETF in Canada went live on Thursday. In the first hour, around $80M shares were traded. By the end of the day, $165M shares had been exchanged.
Crypto derivatives exchanges have quite literally taken the market by storm. It’s a market that has rocketed to over $1 trillion in daily trading volume and shows no signs of slowing down in 2021.
While Bitcoin is experiencing an incredible rally, the US largest bank JPMorgan Chase is warning about risks associated with investing in BTC. In particular, volatility is the biggest issue.
As Bitcoin continues to discover new prices, not all are on the side of BTC and its future. NYU economist Nouriel Roubini still believes Bitcoin “is a bubble”.
Bitcoin is stable after a volatile Wednesday and mostly trading at $51,220.
In the last three months, BTC volatility stood at 87% versus 16% for gold according to JPMorgan.
Coinbase is seeking to tap the entire Fortune 500 market, a move that would drive Bitcoin (BTC) market price astronomically high.
At present, the Robinhood app supports seven crypto assets including Bitcoin, Dogecoin, Ethereum, Litecoin, Ethereum Classic, Bitcoin Cash and Bitcoin SV.
Just as BTC crossed the $50,000 milestone with a convincing rally backed by institutional players, analysts have turned bullish saying Bitcoin is all set to surge past $100K and above this year.
Bitcoin has turned indomitable surging another 5% in 24-hours with BlackRock announcing its entry in BTC. The world’s largest asset manager said that Bitcoin is a potential asset class to put its excess cash to work.
Look carefully into all the mistakes that people make in crypto trading and research the topic deeply before making any step.
OWNR Wallet has integrated its own inbuilt crypto-to-crypto exchange, shifting the platform’s crypto exchange service reliance on Changenow.io.
Bitcoin is hitting new records. However, many critics of BTC maintain a position that the coin represents the biggest financial bubble in history.