
Weekly Recap: Bitcoin and Ethereum Lose Interest While Technicals Spell Trouble
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) weekly recap.
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) weekly recap.
The Coinbase direct listing on Nasdaq is set to attract more investors into the crypto market industry.
Aside from the AI, Level01 displays few great innovations such as providing traders the ability to swap USDT to LVX or vice versa on the app itself, skipping the need to go to exchanges.
From Gene Simmons’ list of digital assets, both XRP and Dogecoin have been involved in tremendous gains in the past few days mostly fueled by the WallStreetBets speculation frenzy.
Speaking about Bitcoin, Elon Musk stated that the asset “is really on the verge of getting broad acceptance by sort of the conventional finance people.”
Despite the fall in BTC price, MicroStrategy CEO remains confident in the company’s constant acquisition of the digital currency.
Visa sees two classes of digital assets. New assets, like Bitcoin (BTC), are “digital gold.” Fiat-backed currencies, as well as stablecoins and central bank digital currencies, represent another class.
With hardware wallets, the developers don’t make money by charging you regular fees. Instead, they take fees for creating hardware wallets so that you never have to pay anything else.
Musk’s recent endorsement of Bitcoin came as a shock to many as he had previously criticized the digital coin in his tweets, interviews and podcasts.
In Q4 2020 MicroStrategy acquired about 32,220 Bitcoins at a gross purchase price of $700.0M with an average price of $21,726 per Bitcoin.
Mark Cuban believes that Bitcoin, Ethereum and some altcoins would be able to pull through just like big internet companies of today.
On Thursday, January 28th, Bitcoin (BTC) is slightly rising, trading at $31,213.
The Initial Public Offering for the Bitcoin Trust was completed for 230 million Canadian Dollars, equivalent to around 180 million USD.
Catherine Wood also praised the newly nominated head of SEC Gary Gensler is “very pro Bitcoin”.
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements, Jan 25, 21