Financial and investment advisory giant The Motley Fool has announced it will invest $5 million into Bitcoin with the expectation that it will rise to $500,000. Announced earlier today via a blog and Twitter post, the firm stated it won’t be “buying overpriced ETFs” but will be “buying Bitcoin directly.” Currently ranked fifth globally in
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Wedbush Securities, a prominent wealth manager based in Los Angeles, California, believes Bitcoin (BTC) is becoming a permanent fixture in the global financial marketplace. Managing director Dan Ives informed clients on Wednesday that corporate adoption of Bitcoin represents a much bigger story than merely predicting the digital currency’s future price. “We believe the story and
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At the age of 26, Wisconsin web designer Michael Winkelmann began creating a new piece of digital art in his personal time every single day. He calls them ‘Everydays’. “I saw a pretty big step-up in the work that I do,” he says. “The ‘Everydays’ are basically just the pictures that I do every single
Bitcoin (BTC) has breached the $50,000 level on Feb. 16. But while failing to cleanly break the psychological barrier, it undoubtedly displayed the potential for even higher valuations. Meanwhile, futures and options indicators are misaligned, signaling excessive buyers’ leverage, while options markets remain calm. After analyzing both markets, one might theorize what has caused this
Here are my thoughts on Tesla and Elon Musk investing in Bitcoin, the other investors who are following, and what I’m doing with this information – Enjoy! Add me on Instagram: GPStephan LIMITED TIME: Get 2 FREE STOCKS ON WEBULL when you deposit $100 (Valued up to $1600): https://act.webull.com/k/Vowbik9Tm5he/main JOIN THE WEEKLY MENTORSHIP – https://the-real-estate-agent-academy.teachable.com/p/graham-stephan-mentorship-program/
A large part of the current crypto bull run has been driven by institutional demand. But for the first time, the institutions may be stepping back. According to CryptoQuant, the Coinbase Premium Index, the difference in Bitcoin’s (BTC) price on Coinbase Pro and Binance, has turned negative, which suggests that pro traders may be taking
Mark Cuban Explains Why ETHEREUM is a better investment than Bitcoin! Hit Like, Share, and Subscribe for more daily cryptocurrency news! Watch the full podcast here: https://www.youtube.com/watch?v=GdGseBuuq_I&feature=emb_title Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Tweets by AltcoinDailyio Timestamps: 0:00 – Ethereum Has a HUGE Advantage Over Bitcoin! (Mark Cuban Explains)
Bitcoin (BTC) is riding high on a wave of positive sentiment as it prepares to take on $50,000. After a volatile weekend which saw a new all-time high, expectations are putting Bitcoin back in the spotlight as a fundamental level comes into play — what’s in store? Cointelegraph considers five factors which could serve to
Elon Musk’s Tesla has bought a stake in Bitcoin, causing the currency to spike. With so many eager to invest, how do you know what red flags to look out for? For more, Gareth Edwards speaks to investment specialist, Sean Sanders. Courtesy #DStv403
The price of Bitcoin (BTC) achieved a new record above $49,000 on Valentine’s Day on Feb. 14, rising to as high as $49,344 on Coinbase. There are three main reasons Bitcoin surged to a new all-time high, namel high stablecoin inflows, clean break of the $38,000 resistance area, and a prolonged consolidation phase. BTC/USD 4-hour
Institutional investors are rapidly gobbling up Bitcoin, and at the time of writing, nearly 3% of the Bitcoin (BTC) in circulation are locked up in long-term holdings by these investors. Data shows that 24 entities have amassed more than 460,500 BTC, which is equivalent to $22 billion at Bitcoin’s current price. According to Michael Novogratz,
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Bitcoin (BTC) price posted a 25% gain after this week’s news of Tesla’s $1.5 billion BTC investment came out. Prior to this reveal, BTC was lagging behind Ether’s (ETH) performance by 7.5% but the numerous bullish events of the past few days helped BTC to hit a new all-time high at $48,900. Previous to Tesla’s
In this video, I’m going over the top crypto to buy now in 2021! I’ll go through each of these coins, the news surrounding them, and my prediction for what coins to invest in right now. Specifically, I will be covering Bitcoin, Ethereum, and Dogecoin. 2021 has been a crazy year for cryptocurrencies and there
A little-known blockchain project more than doubled in value overnight following the announcement of its involvement in a European Union digital economy research program. The spot price for the Ethereum-based Streamr (DATA) token increased 116% leading into Feb. 12, after it was revealed the project would be used as part of an EU pilot aimed at
Powers On… is a new monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an Adjunct Professor at Florida International University School of Law, where he teaches a course on ‘Blockchain, Crypto
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The Lightning Network has grown 75% in size over the past year, hitting a record high 8,900 nodes for the first time on Feb. 8, according to LN monitors at Bitcoin Visuals. A significant proportion of the increase occurred more recently, suggesting that some Bitcoiners are gravitating toward the layer-two solution, potentially as a means
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