Welcome investors, this is MVC Investing and today I’m going to talk about a blockchain penny stock that is currently trading at 1 cent and that has a super low market cap so it might be a great opportunity to get in before it explodes due to all this crypto hype. I’m going to explain you in a minute so stick with me and let’s do it!

#pennystock #blockchain #SANP
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Bitcoin may hit $150,000 by November 2021, according to Raoul Pal, founder and CEO of Global Macro Investor and Real Vision — and that would be the most conservative BTC scenario.

Pal believes that Bitcoin could even reach $250,000 due to the large amount of institutional money currently flowing into the BTC market.

That is what, according to Pal, makes the latest Bitcoin rally fundamentally different from 2017’s crypto bubble, which is believed to have been driven mainly by retail investors.

According to Pal, most of Bitcoin’s additional supply is currently being absorbed by PayPal, Square — which recently adopted crypto services  — and Grayscale. He believes that the resulting supply squeeze is the catalyst for Bitcoin’s latest surge.

“I’ve never seen a market with this supply and demand imbalance before”, Pal said, pointing out the macroeconomic factors that are playing in Bitcoin’s favor.

Despite news on the coronavirus vaccine sparking hopes of a quick economic recovery, governments will likely need to release additional monetary stimulus to sustain their economies.

That, according to Pal, will lead to a devaluation of fiat. He believes that this together with low interest rates will propel Bitcoin’s price to new highs.

“It’s life-changing. No other asset has an upside of 5x, 10x, 20x in a short space of time,” he stated.

In other trending Bitcoin News today:

Bloomberg Lists 5 Bullish Trends For Bitcoin Price Despite ‘Thanksgiving Crash’

Bitcoin (BTC) continues to convert some of its harshest traditional critics from mainstream finance as Bloomberg admits that this bull run is nothing like 2017. 

In an article on Nov. 27, the publication known for its pessimism highlighted a range of Bitcoin metrics pointing to a bullish future — despite Thursday’s $3,000 price rout.

Included as evidence were record-high Bitcoin futures open interest, non-zero wallet numbers, hash rate and the lack of correlation between Bitcoin and other macro assets.

“Just look at market technicals and Wall Street’s growing embrace of the world’s biggest digital currency,” it began.

“And while the trading doesn’t always run smoothly, the $315 billion digital coin is far deeper and more liquid than it was during last boom in 2017.”

Bloomberg referenced what it describes as “crypto diehards” who reject the idea that the current price gains are another bubble. Among them was regular Cointelegraph contributor, Mati Greenspan.

“It’s different now,” he commented.

“The last time we saw Bitcoin get this high, the blockchain was close to collapsing, but the network has had improvements since then.”

A separate interview with Bloomberg TV on Friday meanwhile saw Antoni Trenchev, CEO of the world’s biggest crypto lender Nexo, forecast Bitcoin hitting a new all-time high by the end of 2020, adding:

“The digital gold narrative is stronger than ever. If Bitcoin captures just 10% of the total market cap of gold, we will be at $50,000 in no time.”

The lack of criticism contained in the article echoes growing acceptance of Bitcoin as a genuine asset, whether investment interest is coming from retail or institutional circles.

Part of the cryptocurrency’s positive image stems from its now eight-month growth spurt versus its March crash, during which it has consistently outperformed other macro assets.

Even after its retreat to $17,000, Bitcoin’s year-to-date returns stand at 135%, against 19% for gold and 12% for the S&P 500, data from analytics resource Skew confirms.

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Show Notes / News Resources:
– Raoul Pal $250K Bitcoin Prediction: https://bit.ly/3qaxVHp
– Bloomberg 5 Bullish BTC Trends: https://bit.ly/2VcrfdM
– Bitcoin Technical Analysis: https://bit.ly/3mu9l2l

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky and so is investing into Cryptocurrency. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

#Bitcoin #BTC #BitcoinNews #cryptocurrency #btcnews #crypto #bullrun #ethereum #raoulpal #cointelegraph #ether #altcoins #eth #prediction #ripple #xrp #2020 #chainlink #bch #bsv #bitcoinbtc #forex #investing #defi #yfi #invest #10x #100x $BTC $ETH $XRP

Please change your life!!! Click on the link! http://youtube.com+watch=@3162039724/IaBL
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Bitcoin and its altcoin peers extended their rally on Wednesday, pushing their collective market cap north of $300 billion for the first time since August. The bitcoin price rallied in the overnight session, eventually topping out at $10,487.46 on Gemini – the highest since September. The original cryptocurrency was last seen hovering just below $10,400, having gained nearly 5% over the 24-hour trading cycle. At current values, bitcoin has a total market capitalization of $188.9 billion, accounting for 62.4% of the crypto asset class. Bitcoin’s return to $10,000 seemed imminent last week after the largest cryptocurrency achieved an important technical milestone. On Jan. 31, the 50-day exponential moving average (EMA) crossed the 200-day EMA, setting the stage for a continuation of the bullish trend. Since the so-called “golden cross” was attained, bitcoin has rallied more than $2,000. Beyond the number one cryptocurrency, altcoins and tokens saw significant upside on Wednesday. Ethereum (ETH) spiked 13.5% to $254.35, its highest since July. XRP rose 8.7% to $0.2969. Bitcoin cash (BCH), EOS, Litecoin (LTC) and Cardano (ADA) rose between 4% and 11%. No other cryptocurrency exemplified ‘alt season’ like Tezos (XTZ). The tokenization platform spiked more than 20% on Wednesday en route to a new all-time high. Combined, crypto assets reached a total market capitalization of $302.7 billion, their highest since August. The asset class has grown by $110 billion this year alone, having completely reversed the cyclical bear market that began in the third quarter of 2019. Some analysts have attributed the parabolic rally to ‘alt season,’ as more investors cycle back into beaten-down alternative cryptos. Bitcoin’s emerging status as a safe haven could also be a driving factor given its strong correlation with gold in recent months. Disclaimer: The above should not be considered trading advice from CCN.com. The writer owns bitcoin and other cryptocurrencies. He holds investment positions in the coins but does not engage in short-term or day-trading.

All data is taken from the source: https://www.ccn.com/
Article Link: https://www.ccn.com/crypto-markets-reach-6-month-milestone-following-monster-rally/

#bitcoin #wsbtvnews #coinauctions #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

Crypto Markets Reach 6-Month Milestone Following Monster Rally: https://www.youtube.com/watch?v=Nm6LUNCQJCE

Please change your life!!! Click on the link! http://youtube.com+watch=@3162039724/IaBL
Can you afford this thing?: http://youtube.com+watch=@3162039724/orwTH
Software at the best prices: http://amzn.com@3162039724/f3ANs

Bitcoin and its altcoin peers extended their rally on Wednesday, pushing their collective market cap north of $300 billion for the first time since August. The bitcoin price rallied in the overnight session, eventually topping out at $10,487.46 on Gemini – the highest since September. The original cryptocurrency was last seen hovering just below $10,400, having gained nearly 5% over the 24-hour trading cycle. At current values, bitcoin has a total market capitalization of $188.9 billion, accounting for 62.4% of the crypto asset class. Bitcoin’s return to $10,000 seemed imminent last week after the largest cryptocurrency achieved an important technical milestone. On Jan. 31, the 50-day exponential moving average (EMA) crossed the 200-day EMA, setting the stage for a continuation of the bullish trend. Since the so-called “golden cross” was attained, bitcoin has rallied more than $2,000. Beyond the number one cryptocurrency, altcoins and tokens saw significant upside on Wednesday. Ethereum (ETH) spiked 13.5% to $254.35, its highest since July. XRP rose 8.7% to $0.2969. Bitcoin cash (BCH), EOS, Litecoin (LTC) and Cardano (ADA) rose between 4% and 11%. No other cryptocurrency exemplified ‘alt season’ like Tezos (XTZ). The tokenization platform spiked more than 20% on Wednesday en route to a new all-time high. Combined, crypto assets reached a total market capitalization of $302.7 billion, their highest since August. The asset class has grown by $110 billion this year alone, having completely reversed the cyclical bear market that began in the third quarter of 2019. Some analysts have attributed the parabolic rally to ‘alt season,’ as more investors cycle back into beaten-down alternative cryptos. Bitcoin’s emerging status as a safe haven could also be a driving factor given its strong correlation with gold in recent months. Disclaimer: The above should not be considered trading advice from CCN.com. The writer owns bitcoin and other cryptocurrencies. He holds investment positions in the coins but does not engage in short-term or day-trading.

All data is taken from the source: https://www.ccn.com/
Article Link: https://www.ccn.com/crypto-markets-reach-6-month-milestone-following-monster-rally/

#bitcoin #lexingtonkynews #geminicrypto #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

Crypto Markets Reach 6-Month Milestone Following Monster Rally: https://www.youtube.com/watch?v=bE3bMnCoSlM

Please change your life!!! Click on the link! http://youtube.com+watch=@3162039724/IaBL
Can you afford this thing?: http://youtube.com+watch=@3162039724/orwTH
Software at the best prices: http://amzn.com@3162039724/f3ANs

Bitcoin and its altcoin peers extended their rally on Wednesday, pushing their collective market cap north of $300 billion for the first time since August. The bitcoin price rallied in the overnight session, eventually topping out at $10,487.46 on Gemini – the highest since September. The original cryptocurrency was last seen hovering just below $10,400, having gained nearly 5% over the 24-hour trading cycle. At current values, bitcoin has a total market capitalization of $188.9 billion, accounting for 62.4% of the crypto asset class. Bitcoin’s return to $10,000 seemed imminent last week after the largest cryptocurrency achieved an important technical milestone. On Jan. 31, the 50-day exponential moving average (EMA) crossed the 200-day EMA, setting the stage for a continuation of the bullish trend. Since the so-called “golden cross” was attained, bitcoin has rallied more than $2,000. Beyond the number one cryptocurrency, altcoins and tokens saw significant upside on Wednesday. Ethereum (ETH) spiked 13.5% to $254.35, its highest since July. XRP rose 8.7% to $0.2969. Bitcoin cash (BCH), EOS, Litecoin (LTC) and Cardano (ADA) rose between 4% and 11%. No other cryptocurrency exemplified ‘alt season’ like Tezos (XTZ). The tokenization platform spiked more than 20% on Wednesday en route to a new all-time high. Combined, crypto assets reached a total market capitalization of $302.7 billion, their highest since August. The asset class has grown by $110 billion this year alone, having completely reversed the cyclical bear market that began in the third quarter of 2019. Some analysts have attributed the parabolic rally to ‘alt season,’ as more investors cycle back into beaten-down alternative cryptos. Bitcoin’s emerging status as a safe haven could also be a driving factor given its strong correlation with gold in recent months. Disclaimer: The above should not be considered trading advice from CCN.com. The writer owns bitcoin and other cryptocurrencies. He holds investment positions in the coins but does not engage in short-term or day-trading. Last modified: February 13, 2020 1:19 AM UTC

All data is taken from the source: https://www.ccn.com/
Article Link: https://www.ccn.com/crypto-markets-reach-6-month-milestone-following-monster-rally/

#bitcoin #fox5newsatlanta #xlmcoin #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

Crypto Markets Reach 6-Month Milestone Following Monster Rally: https://www.youtube.com/watch?v=nAlk3NRzTBE

Please change your life!!! Click on the link! http://youtube.com+watch=@3162039724/IaBL
Can you afford this thing?: http://youtube.com+watch=@3162039724/orwTH
Software at the best prices: http://amzn.com@3162039724/f3ANs

Bitcoin and its altcoin peers extended their rally on Wednesday, pushing their collective market cap north of $300 billion for the first time since August. The bitcoin price rallied in the overnight session, eventually topping out at $10,487.46 on Gemini – the highest since September. The original cryptocurrency was last seen hovering just below $10,400, having gained nearly 5% over the 24-hour trading cycle. At current values, bitcoin has a total market capitalization of $188.9 billion, accounting for 62.4% of the crypto asset class. Bitcoin’s return to $10,000 seemed imminent last week after the largest cryptocurrency achieved an important technical milestone. On Jan. 31, the 50-day exponential moving average (EMA) crossed the 200-day EMA, setting the stage for a continuation of the bullish trend. Since the so-called “golden cross” was attained, bitcoin has rallied more than $2,000. Beyond the number one cryptocurrency, altcoins and tokens saw significant upside on Wednesday. Ethereum (ETH) spiked 13.5% to $254.35, its highest since July. XRP rose 8.7% to $0.2969. Bitcoin cash (BCH), EOS, Litecoin (LTC) and Cardano (ADA) rose between 4% and 11%. No other cryptocurrency exemplified ‘alt season’ like Tezos (XTZ). The tokenization platform spiked more than 20% on Wednesday en route to a new all-time high. Combined, crypto assets reached a total market capitalization of $302.7 billion, their highest since August. The asset class has grown by $110 billion this year alone, having completely reversed the cyclical bear market that began in the third quarter of 2019. Some analysts have attributed the parabolic rally to ‘alt season,’ as more investors cycle back into beaten-down alternative cryptos. Bitcoin’s emerging status as a safe haven could also be a driving factor given its strong correlation with gold in recent months. Disclaimer: The above should not be considered trading advice from CCN.com. The writer owns bitcoin and other cryptocurrencies. He holds investment positions in the coins but does not engage in short-term or day-trading.

All data is taken from the source: https://www.ccn.com/
Article Link: https://www.ccn.com/crypto-markets-reach-6-month-milestone-following-monster-rally/

#bitcoin #fox6newsmilwaukee #cryptogramsolver #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

Crypto Markets Reach 6-Month Milestone Following Monster Rally: https://www.youtube.com/watch?v=aAI3GXXADwc

Please change your life!!! Click on the link! http://youtube.com+watch=@3162039724/IaBL
Can you afford this thing?: http://youtube.com+watch=@3162039724/orwTH
Software at the best prices: http://amzn.com@3162039724/f3ANs

Bitcoin and its altcoin peers extended their rally on Wednesday, pushing their collective market cap north of $300 billion for the first time since August. The bitcoin price rallied in the overnight session, eventually topping out at $10,487.46 on Gemini – the highest since September. The original cryptocurrency was last seen hovering just below $10,400, having gained nearly 5% over the 24-hour trading cycle. At current values, bitcoin has a total market capitalization of $188.9 billion, accounting for 62.4% of the crypto asset class. Bitcoin’s return to $10,000 seemed imminent last week after the largest cryptocurrency achieved an important technical milestone. On Jan. 31, the 50-day exponential moving average (EMA) crossed the 200-day EMA, setting the stage for a continuation of the bullish trend. Since the so-called “golden cross” was attained, bitcoin has rallied more than $2,000. Beyond the number one cryptocurrency, altcoins and tokens saw significant upside on Wednesday. Ethereum (ETH) spiked 13.5% to $254.35, its highest since July. XRP rose 8.7% to $0.2969. Bitcoin cash (BCH), EOS, Litecoin (LTC) and Cardano (ADA) rose between 4% and 11%. No other cryptocurrency exemplified ‘alt season’ like Tezos (XTZ). The tokenization platform spiked more than 20% on Wednesday en route to a new all-time high. Combined, crypto assets reached a total market capitalization of $302.7 billion, their highest since August. The asset class has grown by $110 billion this year alone, having completely reversed the cyclical bear market that began in the third quarter of 2019. Some analysts have attributed the parabolic rally to ‘alt season,’ as more investors cycle back into beaten-down alternative cryptos. Bitcoin’s emerging status as a safe haven could also be a driving factor given its strong correlation with gold in recent months. Disclaimer: The above should not be considered trading advice from CCN.com. The writer owns bitcoin and other cryptocurrencies. He holds investment positions in the coins but does not engage in short-term or day-trading.

All data is taken from the source: https://www.ccn.com/
Article Link: https://www.ccn.com/crypto-markets-reach-6-month-milestone-following-monster-rally/

#bitcoin #nytimes #yahoofinance #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

Crypto Markets Reach 6-Month Milestone Following Monster Rally: https://www.youtube.com/watch?v=vqu95I9AAdI

Bitcoin and its altcoin peers extended their rally on Wednesday, pushing their collective market cap north of $300 billion for the first time since August. The bitcoin price rallied in the overnight session, eventually topping out at $10,487.46 on Gemini – the highest since September. The original cryptocurrency was last seen hovering just below $10,400, having gained nearly 5% over the 24-hour trading cycle. At current values, bitcoin has a total market capitalization of $188.9 billion, accounting for 62.4% of the crypto asset class. Bitcoin’s return to $10,000 seemed imminent last week after the largest cryptocurrency achieved an important technical milestone. On Jan. 31, the 50-day exponential moving average (EMA) crossed the 200-day EMA, setting the stage for a continuation of the bullish trend. Since the so-called “golden cross” was attained, bitcoin has rallied more than $2,000. Beyond the number one cryptocurrency, altcoins and tokens saw significant upside on Wednesday. Ethereum (ETH) spiked 13.5% to $254.35, its highest since July. XRP rose 8.7% to $0.2969. Bitcoin cash (BCH), EOS, Litecoin (LTC) and Cardano (ADA) rose between 4% and 11%. No other cryptocurrency exemplified ‘alt season’ like Tezos (XTZ). The tokenization platform spiked more than 20% on Wednesday en route to a new all-time high. Combined, crypto assets reached a total market capitalization of $302.7 billion, their highest since August. The asset class has grown by $110 billion this year alone, having completely reversed the cyclical bear market that began in the third quarter of 2019. Some analysts have attributed the parabolic rally to ‘alt season,’ as more investors cycle back into beaten-down alternative cryptos. Bitcoin’s emerging status as a safe haven could also be a driving factor given its strong correlation with gold in recent months. Disclaimer: The above should not be considered trading advice from CCN.com. The writer owns bitcoin and other cryptocurrencies. He holds investment positions in the coins but does not engage in short-term or day-trading.

All data is taken from the source: https://www.ccn.com/
Article Link: https://www.ccn.com/crypto-markets-reach-6-month-milestone-following-monster-rally/

#bitcoin #cbsnews #metamaskchrome #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

Crypto Markets Reach 6-Month Milestone Following Monster Rally: https://www.youtube.com/watch?v=1yULtibPqiA

Bitcoin and its altcoin peers extended their rally on Wednesday, pushing their collective market cap north of $300 billion for the first time since August. The bitcoin price rallied in the overnight session, eventually topping out at $10,487.46 on Gemini – the highest since September. The original cryptocurrency was last seen hovering just below $10,400, having gained nearly 5% over the 24-hour trading cycle. At current values, bitcoin has a total market capitalization of $188.9 billion, accounting for 62.4% of the crypto asset class. Bitcoin’s return to $10,000 seemed imminent last week after the largest cryptocurrency achieved an important technical milestone. On Jan. 31, the 50-day exponential moving average (EMA) crossed the 200-day EMA, setting the stage for a continuation of the bullish trend. Since the so-called “golden cross” was attained, bitcoin has rallied more than $2,000. Beyond the number one cryptocurrency, altcoins and tokens saw significant upside on Wednesday. Ethereum (ETH) spiked 13.5% to $254.35, its highest since July. XRP rose 8.7% to $0.2969. Bitcoin cash (BCH), EOS, Litecoin (LTC) and Cardano (ADA) rose between 4% and 11%. No other cryptocurrency exemplified ‘alt season’ like Tezos (XTZ). The tokenization platform spiked more than 20% on Wednesday en route to a new all-time high. Combined, crypto assets reached a total market capitalization of $302.7 billion, their highest since August. The asset class has grown by $110 billion this year alone, having completely reversed the cyclical bear market that began in the third quarter of 2019. Some analysts have attributed the parabolic rally to ‘alt season,’ as more investors cycle back into beaten-down alternative cryptos. Bitcoin’s emerging status as a safe haven could also be a driving factor given its strong correlation with gold in recent months. Disclaimer: The above should not be considered trading advice from CCN.com. The writer owns bitcoin and other cryptocurrencies. He holds investment positions in the coins but does not engage in short-term or day-trading.

All data is taken from the source: https://www.ccn.com/
Article Link: https://www.ccn.com/crypto-markets-reach-6-month-milestone-following-monster-rally/

#bitcoin #dailynationkenya #btscstockprice #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

Crypto Markets Reach 6-Month Milestone Following Monster Rally: https://www.youtube.com/watch?v=O1NEFR5rbHw

Bitcoin and its altcoin peers extended their rally on Wednesday, pushing their collective market cap north of $300 billion for the first time since August. The bitcoin price rallied in the overnight session, eventually topping out at $10,487.46 on Gemini – the highest since September. The original cryptocurrency was last seen hovering just below $10,400, having gained nearly 5% over the 24-hour trading cycle. At current values, bitcoin has a total market capitalization of $188.9 billion, accounting for 62.4% of the crypto asset class. Bitcoin’s return to $10,000 seemed imminent last week after the largest cryptocurrency achieved an important technical milestone. On Jan. 31, the 50-day exponential moving average (EMA) crossed the 200-day EMA, setting the stage for a continuation of the bullish trend. Since the so-called “golden cross” was attained, bitcoin has rallied more than $2,000. Beyond the number one cryptocurrency, altcoins and tokens saw significant upside on Wednesday. Ethereum (ETH) spiked 13.5% to $254.35, its highest since July. XRP rose 8.7% to $0.2969. Bitcoin cash (BCH), EOS, Litecoin (LTC) and Cardano (ADA) rose between 4% and 11%. No other cryptocurrency exemplified ‘alt season’ like Tezos (XTZ). The tokenization platform spiked more than 20% on Wednesday en route to a new all-time high. Combined, crypto assets reached a total market capitalization of $302.7 billion, their highest since August. The asset class has grown by $110 billion this year alone, having completely reversed the cyclical bear market that began in the third quarter of 2019. Some analysts have attributed the parabolic rally to ‘alt season,’ as more investors cycle back into beaten-down alternative cryptos. Bitcoin’s emerging status as a safe haven could also be a driving factor given its strong correlation with gold in recent months. Disclaimer: The above should not be considered trading advice from CCN.com. The writer owns bitcoin and other cryptocurrencies. He holds investment positions in the coins but does not engage in short-term or day-trading.

All data is taken from the source: https://www.ccn.com/
Article Link: https://www.ccn.com/crypto-markets-reach-6-month-milestone-following-monster-rally/

#bitcoin #drudgenews #bestasicminer #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

Crypto Markets Reach 6-Month Milestone Following Monster Rally: https://www.youtube.com/watch?v=E6FY6_YdrRo

Bitcoin and its altcoin peers extended their rally on Wednesday, pushing their collective market cap north of $300 billion for the first time since August. The bitcoin price rallied in the overnight session, eventually topping out at $10,487.46 on Gemini – the highest since September. The original cryptocurrency was last seen hovering just below $10,400, having gained nearly 5% over the 24-hour trading cycle. At current values, bitcoin has a total market capitalization of $188.9 billion, accounting for 62.4% of the crypto asset class. Bitcoin’s return to $10,000 seemed imminent last week after the largest cryptocurrency achieved an important technical milestone. On Jan. 31, the 50-day exponential moving average (EMA) crossed the 200-day EMA, setting the stage for a continuation of the bullish trend. Since the so-called “golden cross” was attained, bitcoin has rallied more than $2,000. Beyond the number one cryptocurrency, altcoins and tokens saw significant upside on Wednesday. Ethereum (ETH) spiked 13.5% to $254.35, its highest since July. XRP rose 8.7% to $0.2969. Bitcoin cash (BCH), EOS, Litecoin (LTC) and Cardano (ADA) rose between 4% and 11%. No other cryptocurrency exemplified ‘alt season’ like Tezos (XTZ). The tokenization platform spiked more than 20% on Wednesday en route to a new all-time high. Combined, crypto assets reached a total market capitalization of $302.7 billion, their highest since August. The asset class has grown by $110 billion this year alone, having completely reversed the cyclical bear market that began in the third quarter of 2019. Some analysts have attributed the parabolic rally to ‘alt season,’ as more investors cycle back into beaten-down alternative cryptos. Bitcoin’s emerging status as a safe haven could also be a driving factor given its strong correlation with gold in recent months. Disclaimer: The above should not be considered trading advice from CCN.com. The writer owns bitcoin and other cryptocurrencies. He holds investment positions in the coins but does not engage in short-term or day-trading.

All data is taken from the source: https://www.ccn.com/
Article Link: https://www.ccn.com/crypto-markets-reach-6-month-milestone-following-monster-rally/

#bitcoin #channel9newsdenver #coinmarketcap #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

Crypto Markets Reach 6-Month Milestone Following Monster Rally: https://www.youtube.com/watch?v=bGFrV5DvjKE

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Bitcoin and its altcoin peers extended their rally on Wednesday, pushing their collective market cap north of $300 billion for the first time since August. The bitcoin price rallied in the overnight session, eventually topping out at $10,487.46 on Gemini – the highest since September. The original cryptocurrency was last seen hovering just below $10,400, having gained nearly 5% over the 24-hour trading cycle. At current values, bitcoin has a total market capitalization of $188.9 billion, accounting for 62.4% of the crypto asset class. Bitcoin’s return to $10,000 seemed imminent last week after the largest cryptocurrency achieved an important technical milestone. On Jan. 31, the 50-day exponential moving average (EMA) crossed the 200-day EMA, setting the stage for a continuation of the bullish trend. Since the so-called “golden cross” was attained, bitcoin has rallied more than $2,000. Beyond the number one cryptocurrency, altcoins and tokens saw significant upside on Wednesday. Ethereum (ETH) spiked 13.5% to $254.35, its highest since July. XRP rose 8.7% to $0.2969. Bitcoin cash (BCH), EOS, Litecoin (LTC) and Cardano (ADA) rose between 4% and 11%. No other cryptocurrency exemplified ‘alt season’ like Tezos (XTZ). The tokenization platform spiked more than 20% on Wednesday en route to a new all-time high. Combined, crypto assets reached a total market capitalization of $302.7 billion, their highest since August. The asset class has grown by $110 billion this year alone, having completely reversed the cyclical bear market that began in the third quarter of 2019. Some analysts have attributed the parabolic rally to ‘alt season,’ as more investors cycle back into beaten-down alternative cryptos. Bitcoin’s emerging status as a safe haven could also be a driving factor given its strong correlation with gold in recent months. Disclaimer: The above should not be considered trading advice from CCN.com. The writer owns bitcoin and other cryptocurrencies. He holds investment positions in the coins but does not engage in short-term or day-trading.

All data is taken from the source: https://www.ccn.com/
Article Link: https://www.ccn.com/crypto-markets-reach-6-month-milestone-following-monster-rally/

#bitcoin #peacefmonline #miningprofitability #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

Crypto Markets Reach 6-Month Milestone Following Monster Rally: https://www.youtube.com/watch?v=WOD0OOtRtrQ

Zhu Fa, the co founder of Poolin, which is a Chinese based crypto mining pool, predicted that the price of Bitcoin could hit 5 million Chinese yuan which equals $738,000.

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After touching $5,800 in the last hours, the next psychological level to break for bitcoin is $6,000. Patrick Heusser from Crypto Broker AG is bullish as long as bitcoin keeps above $4,800. The Tether controversy might be good in the long term, as it will wash out semi-reputable counterparties.

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Will Bitcoin Reach $6,000 Soon? | Crypto Markets

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I AM IN NO WAY A MARKET PROFESSIONAL; USE YOUR OWN JUDGEMENT WHEN PURCHASING STOCKS AND OTHERWISE. I AM NOT RESPONSIBLE FOR AND GAINS OR LOSSES THAT YOU MAY EXPERIENCE.

THE MARKET IS INHERENTLY RISKY, AND YOU SHOULD ONLY INVEST WHAT YOU ARE COMPLETELY WILLING TO LOSE.

QUOTATIONS APPEARING IN VIDEO TITLES AND OTHERWISE ARE MY OWN OPINIONS; THEY ARE IN NO WAY RELATED TO OPINIONS OF INDUSTRY EXPERTS. VIDEO TITLES ARE MY OWN OPINION AND SHOULD NOT BE TAKEN AS FACTUAL OR AT FACE VALUE.

I CURRENTLY HOLD INVESTMENTS IN STOCKS, BONDS, AND CRYPTOCURRENCIES.

I IN NO WAY PROMOTE ICOS. ICOS ARE HIGH RISK, SPECULATIVE INVESTMENTS THAT CAN BE PROMOTED BY BAD ACTORS. FOR THIS REASON, IT IS CRITICAL TO SEEK ADVISE FROM A LICENSED FINANCIAL PROFESSIONAL BEFORE INVESTING IN ICOS AND CRYPTO IN GENERAL. NOT DOING SO CAN PUT YOU AT FINANCIAL RISK.

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——

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Cointelegraph Bitcoin way to $1 million #CT_Video Do you think #Bitcoin can reach $1 million? Here is one possible scenario.

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