Category: BTC

Stretched thin? Wrapped Bitcoin assets may encourage supply crisis

November 21, 2020

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WBTC, BTCB, and other wrapped Bitcoin implementations may contribute to a BTC supply shortage looming on the horizon 2080 Total views 13 Total shares In a blog post of Friday, Binance re-introduced BTCB to the world — a wrapped Bitcoin asset intended to bring liquidity from the world’s largest cryptocurrency, BTC, to Binance Smart Chain’s […]

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Bitcoin price nears $16K, but it’s Ethereum that may shine in November

November 6, 2020

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The price of Bitcoin (BTC) is nearing $16,000 after achieving $15,960 on Binance. Following the dominant cryptocurrency’s rally, analysts are now looking toward Ether (ETH). The Ethereum blockchain’s native token has seen heightened momentum in the past week. After underperforming against BTC in October, the probability of a new ETH rally is beginning to increase. […]

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Michael Saylor claims the company will hold Bitcoin for ‘100 years’

October 23, 2020

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Microstrategy CEO Michael Saylor said he will hold his company’s Bitcoin (BTC) for 100 years, and has no intention of selling it.  On Aug. 11, the business intelligence firm announced it had purchased 21,454 BTC for $250 million. This investment is now worth more than $278 million, representing an 11% increase in two months, and […]

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Bitcoin breaks above $12.3K after PayPal says Venmo will become a BTC wallet

October 21, 2020

Crypto Nanobot 0

The long-awaited “flippening” of fiat at PayPal will begin next year, as Bitcoin price action offers almost 5% daily gains. 16217 Total views 322 Total shares Bitcoin (BTC) gained almost 5% on Oct. 21 as bullish price action combined with fresh corporate adoption news to boost gains. Cryptocurrency market daily performance overview from Coin360 PayPal […]

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