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Market Wrap: Crypto Market Cap Breaks $1.5T as Buyers Show Up for the Dip
Buyers showed up quickly to reverse the crypto market dip through Monday.
https://www.coindesk.com/market-wrap-crypto-dips-traders-buy-bitcoin-ether
((Anyone had bought the BTC dip??))
Bitcoin?s latest record run is less volatile than the 2017 boom
https://economictimes.indiatimes.com/markets/stocks/news/bitcoins-latest-record-run-is-less-volatile-than-the-2017-boom/articleshow/80925979.cms
I always hear bear whispering that BTC is using dirty energy. However, it turns out the energy used by BTC is more energy friendly and efficient than traditional bank systems.
Below is an article for the explanation.
https://news.bitcoin.com/bitcoin-energy-consumption-is-far-more-efficient-and-greener-than-todays-banking-system/
ETH and LINK 💗 😊
https://coingape.com/news-all-time-highs-ethereum-eth-tops-1868-while-chainlink-link-moves-above-32/
He is Tesla bull. I do not really agree with him to put all eggs into 1 basket.
Another YouTuber is bullish about BTC too.
https://m.youtube.com/watch?v=VXSbYq7y560
If more institutions increase their investment on BTC, I think BTC growth might be exponential if nothing goes wrong. I think the important part would be the clean energy for BTC. I do see some use clean power to mine BTC ( below is latest news on clean mining)
https://news.bitcoin.com/1-cent-per-kilowatt-hour-chinas-sichuan-province-encourages-hydro-powered-bitcoin-mining/
In particular from Morgan Stanley, they seems plan to increase their investment.
https://www.coindesk.com/morgan-stanley-unit-considers-bitcoin-investment-bloomberg
cheongweevictor ( Date: 14-Feb-2021 03:09) Posted:
We can only ascertain 70% at this point of time,, Nothing is 100%,,even i am only 80% sure,, if he think btc will be 1m so confident,, why not he sell all his TSLA and put on btc
alone, He too have sell all other stock and put on TSLA too..as he told other he is very confident on TSLA.
Flyingtask ( Date: 13-Feb-2021 10:07) Posted:
BTC to reach million
https://m.youtube.com/watch?v=bgEkzA-16yc |
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We can only ascertain 70% at this point of time,, Nothing is 100%,,even i am only 80% sure,, if he think btc will be 1m so confident,, why not he sell all his TSLA and put on btc
alone, He too have sell all other stock and put on TSLA too..as he told other he is very confident on TSLA.Flyingtask ( Date: 13-Feb-2021 10:07) Posted:
BTC to reach million
https://m.youtube.com/watch?v=bgEkzA-16yc |
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BTC to reach million
https://m.youtube.com/watch?v=bgEkzA-16yc
BTC
Uber CEO dismisses bitcoin investment, could use for transactions - CNBC
Uber Technologies Chief Executive Dara Khosrowshahi said on Thursday that the company discussed and "quickly dismissed" the idea of investing in bitcoin but told CNBC the ride-hailing company could potentially accept the cryptocurrency as payment.
https://www.channelnewsasia.com/news/business/uber-ceo-dismisses-bitcoin-investment--could-use-for-transactions---cnbc-14173970
Bitcoin surges to all-time high after BNY Mellon embraces cryptocurrencies
https://www.channelnewsasia.com/news/business/bitcoin-surges-to-all-time-high-after-bny-mellon-embraces-cryptocurrencies-14174048
yes but only recently. my account and cash only came in the week it spike, so missed a good portion of it.
but doesnt matter to me as im holding long term and gunning for multibaggers.
i read that cardano was founded by one of ETH' s founders, who left because ETH 2.0 development was too slow. so came ADA to challenge ETH, and it has better scalability too.
Flyingtask ( Date: 11-Feb-2021 14:39) Posted:
Do U buy ADA too?
Looking at price trend, if anyone bought ada a year ago, he or she will already gain 13 times in her portfolio.
Actually, I want to buy since December but not many exchanges allow it. Surprise to see it at Binance but must pay in europe dollar. Very troublesome but better than nothing.
As I heard about ada background:
Cardano was and is built from the ground up by brilliant scientists who are literally at the top of their respective fields. Cardano won?t need assistance or side chains or layer 2s to help it function.
Bongbong ( Date: 11-Feb-2021 00:31) Posted:
Cheers flyingtask!  |
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soon more big banks will come on board, now is institution, next will be private banking and HNW individuals
Flyingtask ( Date: 11-Feb-2021 21:35) Posted:
A $50K Bitcoin Possible as MasterCard, BNY Mellon Announces Crypto Integration
https://www.newsbtc.com/news/bitcoin/a-50k-bitcoin-possible-as-mastercard-bny-mellon-announces-crypto-integration/ |
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A $50K Bitcoin Possible as MasterCard, BNY Mellon Announces Crypto Integration
https://www.newsbtc.com/news/bitcoin/a-50k-bitcoin-possible-as-mastercard-bny-mellon-announces-crypto-integration/
Do U buy ADA too?
Looking at price trend, if anyone bought ada a year ago, he or she will already gain 13 times in her portfolio.
Actually, I want to buy since December but not many exchanges allow it. Surprise to see it at Binance but must pay in europe dollar. Very troublesome but better than nothing.
As I heard about ada background:
Cardano was and is built from the ground up by brilliant scientists who are literally at the top of their respective fields. Cardano won?t need assistance or side chains or layer 2s to help it function.
Bongbong ( Date: 11-Feb-2021 00:31) Posted:
Cheers flyingtask!
Flyingtask ( Date: 10-Feb-2021 22:09) Posted:
I bought some ada from Binance finally.
Thanks bongbong for advice.
https://www.newsbtc.com/news/cardano/cardanos-ada-hits-3-year-high-as-bets-on-ethereum-rivals-boom/ |
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Happy Lunar New Year to everyone here..
May Niu year brings good health not forgetting
HUAT all the way to the banks..😁
Twitter Considering Bitcoin Options, Including on Balance Sheet, Exec Says
https://sg.finance.yahoo.com/news/twitter-considering-bitcoin-options-including-152536537.html
MicroStrategy CEO sees an (avalanche)of companies buying bitcoin
https://sg.finance.yahoo.com/news/microstrategy-ceo-michael-saylor-on-bitcoin-214917283.html
Amazon Preparing to Launch a (Digital Currency)Project in Mexico
Job postings describe a walled garden-type digital currency that could roll out in emerging economies.
https://www.coindesk.com/amazon-digital-currency-mexico
Cheers flyingtask!
Flyingtask ( Date: 10-Feb-2021 22:09) Posted:
I bought some ada from Binance finally.
Thanks bongbong for advice.
https://www.newsbtc.com/news/cardano/cardanos-ada-hits-3-year-high-as-bets-on-ethereum-rivals-boom/ |
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I bought some ada from Binance finally.
Thanks bongbong for advice.
https://www.newsbtc.com/news/cardano/cardanos-ada-hits-3-year-high-as-bets-on-ethereum-rivals-boom/
Even before Tesla (TSLA) surprised the crypto markets on Monday with news of its $1.5 billion bitcoin (BTC-USD) buy in January, disruption investor Cathie Wood and her team at Ark Invest had been modeling for more companies to use bitcoin as an alternative to cash on the balance sheet.
??We have been expecting institutions to start moving into Bitcoin and other crypto assets, but primarily bitcoin,??Wood told Yahoo Finance Presents last week.
According to Ark??s Big Ideas for 2021, if all S&P 500 companies were to allocate 1% of their cash to bitcoin, its price could increase by approximately $40,000. If those companies moved 10% of their cash to bitcoin, Ark sees the cryptocurrency climbing by $400,000.
https://finance.yahoo.com/news/ark-cathie-wood-bitcoin-400000-000053537.html
Apple Likely To Start Crypto Trading Facility Soon: RBC Capital Markets
https://coingape.com/apple-likely-start-crypto-trading-facility-soon-rbc-capital-markets/
