Bitcoin prices bounced back today after falling to nearly $43,000. getty Bitcoin prices have experienced a notable recovery lately, climbing after falling to nearly $43,000 yesterday afternoon. The world’s largest digital currency by market value rose to as much as $49,520.72 earlier today, CoinDesk data shows. At that point, it was up roughly 15% from the multi-week low of $43,119.16 it reached the day before, additional CoinDesk figures reveal. … Source link

Bitcoin rose 7%, reversing the past few days’ losses, as some blockchain data turned bullish and new signs emerged of increasing cryptocurrency acceptancer by Wall Street firms including Goldman Sachs, Citigroup and Fidelity Investments. Bitcoin (BTC) trading around $48,593.99 as of 21:00 UTC (4 p.m. ET). Climbing 8.10% over the previous 24 hours. Bitcoin’s 24-hour range: $44,874.92-$49,520.72 (CoinDesk 20) BTC trades above its 10-hour and 50-hour averages on the hourly chart, a bullish… Source link

MicroStrategy’s chief executive Michael Saylor announced his company’s latest bitcoin purchase worth … [+] $15 million. The company’s current treasury holdings of the cryptocurrency exceed $4 billion. STRF/STAR MAX/IPx MicroStrategy MSTR CEO Michael Saylor announced earlier this morning his firm has purchased approximately 328 more bitcoins for $15 million in cash, bringing the total to $4.45 billion. This latest purchase was made at an… Source link

Topline Banking powerhouse Goldman Sachs is setting up a cryptocurrency trading desk after backing away from a previous effort to enter the market after bitcoin crashed in 2018, making it the latest institutional player to plow into cryptocurrencies amid an eye-popping surge in their values. David M. Solomon, the chairman and CEO of Goldman Sachs, participates in a panel discussion during … [+] the annual Milken Institute Global Conference at The Beverly Hilton… Source link

Share Tweet Share Share Share Email Balance sheets ballooning with bitcoin. For a smattering (but growing roster) of firms, adding bitcoin holdings as part of the typical corporate finance strategy of maximizing returns on assets may look like a shrewd move, at least when the price of bitcoin keeps moving up. But the question becomes: What happens on the downside? And what happens next? MicroStrategy has been adding to its bitcoin holdings, where Coindesk reported this week that CEO Michael… Source link

Monero formed a bullish pattern on the hourly chart and could see a breakout past $220. Algorand reclaimed the $1 mark as support and pushed toward $1.15, and Compound halted its slide from $540 in mid-February to $337 and was making a recovery toward the $450 mark. Monero [XMR] Source: XMR/USDT on TradingView XMR formed an ascending triangle on the 4-hour chart, following its near 35% drop from the highs of $282 to $180. The fractals show that $220 is the short-term target for the bulls to… Source link

Bitcoin started the month on a positive note, jumping more than 8% to about $49,000 after a price plunge last week that was the biggest since the coronavirus wrecked markets early last year. The gains came amid fresh signs of adoption of digital-asset technologies. Citigroup, one of the biggest U.S. banks, wrote that bitcoin was at a “tipping point” as more institutions adopt the cryptocurrency. Google Finance added a data tab on cryptocurrencies. And Michael Saylor’s MicroStrategy,… Source link

Bitcoin Sellers Took the Lead, Took BTC/USD below 45,000 BTC/USD started the week at 57,499 near the all-time high at 58,400, based on the CEX.IOpricing. In the first four hours of Monday’s trading session, BTC/USD declined to 56,000, which was an important support level in intraday terms. The level produced some buying pressure for the pair but only for the next four hours, as BTC/USD closed the 4-hour candlestick between 04:00 and 08:00 UTC at 46,479. That, however, made no lasting… Source link

NOTTINGHAM, England, March 1, 2021 /PRNewswire/ — As the DeFi market witnesses exponential growth, with the total value of digital assets locked up in the tools and protocols standing at over 36 billion, Antier Solutions is working to roll out the world’s first DeFi wallet supporting Ethereum, TRON and Binance Smart Chain DApps. Antier’s wallet is an initiative to make decentralized finance effortlessly accessible across the network. Besides offering peer-to-peer crypto exchange services,… Source link

Alphabet’s stock news page added a section to the day’s prices for major cryptocurrencies. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! March 1, 2021 1 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. Cryptocurrencies are… Source link