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06 August 2021
05:11 hour

Bitcoin bombshell: Crypto king may pole vault to eye popping $400k mark this year with over 6x growth

Financial Express

11/04/2021 - 13:56

Elon Musk’s Tesla, which recently bought $1.5 billion Bitcoin, could be an “inflection point” for Bitcoin that may mark a shift towards “risk-off”.


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  1. Bitcoin bombshell: Crypto king’s slump nears $44,000 as it heads for biggest weekly loss since March last year (28/02/2021 - Financial Express)
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  3. Bitcoin’s share in global crypto market cap declined 35% in 8 years; here’s why crypto king lost ground (02/03/2021 - Financial Express)
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  4. Bitcoin bombshell: Crypto bellwether’s m-cap nears $1T; higher than combined m-cap of Visa, JPMorgan (14/02/2021 - Financial Express)
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  5. Rakesh Jhunjhunwala rubbishes Bitcoin, says only sovereign has right to create currency (27/02/2021 - Financial Express)
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  6. Bitcoin mania: Crypto king’s price surges to two-week high; tops $54,000 following US stimulus package (09/03/2021 - Financial Express)
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  7. Crypto vs stocks and crypostocks (23/07/2021 - Reddit Stocks)
    Anyone care to share an opinion on this matter? Was looking at some Crypto values and noticed this article by Forbes https://www.forbes.com/advisor/investing/top-10-cryptocurrencies/ Basically some of these coins have really gone up in value in short time. For example Dogecoin going up 160,000% over just 4 years. And BNB (Binance Coin) going up 350,000% over just 4 years as well. Comparatively $AMZN has gone up ~210,000% since IPO but that took almost 25 years. Then there is this situation with stocks that are related to Crypto. For example $COIN is a crypto exchange platform. So when crypto picks up or drops, stocks related to it will fluctuate as well. Interestingly this company Binance seems to have a strong market share for the crypto exchange platform market. And then you have to factor in which crypto itself is the one that will take hold. For example Bitcoin has been somewhat of the dominant crypto for a while. But others are popping up that offer distinctions compared to bitcoin. IE some have a lower carbon footprint per transaction, some offer additional security or functionality measures. And since Crypto is so new, who knows if any of these have truly cracked the code for creating the best possible crypto and the crypto that will be mainstream in another 10 years. Crypto has been tanking. But Elon saying that Tesla might start accepting Bitcoin again. Musk and Dorsey had a friendly debate or more like a conversation about cryptos. And I think $TSLA themselves have a decent investment in crypto holdings. So yeah just looking for some inputs on this. Do you guys see cryptos going back up? If so which ones? Do you see Binance achieving monopoly as a crypto exchange platform? Do you see more money in stocks, cryptos or a cryptostock like $COIN? Just wondering, I'm a bit stoned and curious at the moment.   submitted by   /u/PaleontologistWest [link]   [comments]
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  8. Cryptos: A bitcoin winter ahead? Crypto expert predicts just that, but after digital asset hits $300,000 at end of 2021 (22/03/2021 - Market Watch)
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  9. Cryptos: Bitcoin prices tumble 50% from peak and Mark Cuban calls the crypto crash the ‘great unwind’ (23/05/2021 - Market Watch)
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  10. NewsWatch: Bitcoin prices tumble 50% from peak and Mark Cuban calls the crypto crash the ‘great unwind’ (23/05/2021 - Market Watch)
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  11. Mark Hulbert: Bitcoin holders have no choice but to trust in Chinese crypto miners (29/05/2021 - Market Watch)
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  12. What do you guys think about Bitcoin? How low do you think Bitcoin price will go?China government is cracking down on crypto mining. Bitcoin is not looking too good.My gut is telling me there's a bubble in the crypto market. From the looks of it, when (25/05/2021 - Reddit Stock Market)
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  13. $400K Bitcoin predicted this year, NFT warning, Instagram influencer in trouble: Hodler’s Digest, March 21–27 (27/03/2021 - Investing.com)

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  14. $400K Bitcoin predicted this year, NFT warning, Instagram influencer in trouble: Hodler’s Digest, March 21–27 (28/03/2021 - Investing.com)

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  15. Crypto market cap doubles to eye-popping $2.3 trillion in 3 months as mainstream adoption gets nearer (03/05/2021 - Financial Express)
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  17. Crypto market cap tops jaw-dropping $2T mark in three months from $1T driven by Bitcoin, Ethereum, others (06/04/2021 - Financial Express)
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  18. Blistering bitcoin: Cryptocurrency surges past $61,000 mark in record high as latest bull run accelerates (14/03/2021 - Financial Express)
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  19. Gold & Silver: The King Fights Back (01/03/2021 - INO.com)
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  20. Draft king guy. (30/07/2021 - Reddit Stocks)
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  23. Mark Hulbert: Bitcoin ETFs likely wouldn’t be bearish for crypto but they might not be right for you (09/07/2021 - Market Watch)
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  24. Crypto: Bitcoin just broke below $30,000 for first time since January and ‘it is likely we may see more panic in the market’ (22/06/2021 - Market Watch)
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  25. Cryptos: Bitcoin, dogecoin lead wipeout of over half a trillion dollars in manic Monday for crypto (17/05/2021 - Market Watch)
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  27. Crypto: Bitcoin skids to 2-week low but technical analyst says slump not a ‘decisive breakdown’ until crypto does this (08/06/2021 - Market Watch)
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  28. Crypto: Bitcoin skids to 2-week low but technical analyst says slump not a ‘decisive breakdown’ until crypto does this (08/06/2021 - Market Watch)
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  29. Cryptos: Goldman to offer bitcoin and other crypto to wealthy investors (31/03/2021 - Market Watch)
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  30. Cryptos: Why is dogecoin dropping? The crypto has tumbled 20% since its Monday record (12/02/2021 - Market Watch)
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  32. Crypto: Elon Musk breaks up with bitcoin? Cryptic tweet has some crypto bulls fearing the worst (04/06/2021 - Market Watch)
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  33. Crypto: Elon Musk is ‘definitely too influential on Bitcoin prices’ says head of crypto hedge fund—but that may change (04/06/2021 - Market Watch)
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  34. Crypto: Bitcoin pros speculate over possible loss of $2 billion crypto fortune after death of one large owner (02/07/2021 - Market Watch)
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  35. Crypto: Crypto analyst warns of weekend tumble, as bitcoin bull points to ‘daisy chain of borrowers and lenders’ (26/06/2021 - Market Watch)
    Fundstrat Global Advisors has issued a word of caution to its bitcoin and crypto investing clients, advising them to take some risk off the table, or hedge their bets, over the weekend, due to brewing concerns about mounting leverage in the nascent market.
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  36. Bitcoin is tanking heavy holy smokes. Bitcoin is showing signs that it's getting ready to pop. A massive crypto sell off is on its way. Biden administration is in works of regulating the crypto market.???? (22/04/2021 - Reddit Stock Market)
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  37. Bitcoin tanks 14% in 24 hours, falls below $40,000 mark as sell-off continues (19/05/2021 - Financial Express)
    Bitcoin continued to plummet on Tuesday morning, falling below the $40,000 mark and extending losses to 14% in the last 24 hours.
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  38. Bitcoin Will Drop to 250k From 400k in 2025 Upon China FUD (23/05/2021 - Investing.com)

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  39. Crypto: Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green (13/06/2021 - Market Watch)
    Prices of the world's No. 1 crypto on Sunday trade sharply higher after digital-asset bull Elon Musk says Tesla would resume allowing transactions at the vehicle-maker's stores when key members of bitcoin infrastructure can confirm that 50% of the energy used to mine for bitcoin is derived from clean energy sources.
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  40. Investing in Crypto (26/04/2021 - Reddit Stock Market)
    Personally, I can’t wrap my head around the crypto space so I don’t choose to invest, my personal reason being that right now I don’t see crypto working because it’s so volatile. For example if you bought something with Bitcoin during the dip these past weeks you could be potentially be way overspending if the price of Bitcoin increases again. My question to the people who are investing in the crypto space or are planing to invest in that space is, are you investing solely because of hype? Why Dogecoin and cryptos that don’t have a lot going for them that are most likely not going to end up mainstream, and lastly if not based on your own DD what makes you believe in the space?   submitted by   /u/Johnnyinvests [link]   [comments]
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  41. Now access Bitcoin through your wristwatch: Here’s the timepiece-cum-Bitcoin wallet by Franck Muller (03/06/2021 - Financial Express)
    The Swiss watchmaker Franck Muller had last year in May unveiled the world’s first functional Bitcoin watch called Encrypto for users to add Bitcoin to their crypto wallet or check balance directly through the watch’s dial via a QR code nestled into its polished frame.
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  42. Crypto: Bitcoin slides toward worst day in 3 weeks, leads crypto’s Friday skid along with stock market (18/06/2021 - Market Watch)
    Bitcoin prices on Friday slump, on track for the steepest slide in three weeks, with the decline in the world's No. 1 crypto coming in tandem with a retreat in the stock market.
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  43. Crypto: Bitcoin heads toward lowest level in 2021 as crypto’s slide continues with stock-market rout (20/07/2021 - Market Watch)
    Bitcoin trades under pressure Monday, with the world's No. 1 crypto trading near its lowest level since Jan. 1, according to data compiled by Dow Jones Market Data.
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  44. Bitcoin can reach $400K in 2021 as 'risk-off reserve asset' — Bloomberg (28/03/2021 - Investing.com)

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  45. Cryptos: Bitcoin bears are stalking crypto prices — here’s how low they could go (21/04/2021 - Market Watch)
    Bitcoin is setting up for a near-term downturn that could see it shed a good chunk of its recent gains, even if the longer-term outlook appears healthy for the world's No. 1 crypto.
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  46. Amid Bitcoin price plunge, majority institutional investors look to increase crypto exposure in two years (08/07/2021 - Financial Express)
    The primary reason to enhance crypto investments among respondents was the long-term capital growth prospects of cryptocurrencies and digital assets.
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  47. Crypto: One of the largest owners of bitcoin, who reportedly held as much as $1 billion, is dead at 41: reports (28/06/2021 - Market Watch)
    Billionaire bitcoin owner, Mircea Popescu has reportedly died, leaving behind a cache of virtually currency and controversial crypto legacy.
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  48. Capitol Report: ‘Crypto congressman’ Warren Davidson sees momentum building for pro-bitcoin legislation (25/06/2021 - Market Watch)
    Rep. Warren Davidson has a such a stellar reputation among crypto enthusiasts for his work promoting laws to nurture America's burgeoning blockchain industry that Bitcoin Magazine dubbed him the "Crypto Congressman" --- though to hear him tell it, he hasn't exactly had a lot of competition.
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  49. Cryptos: Bitcoin bulls on social media reject Musk’s reasoning for halting crypto-based car sales (13/05/2021 - Market Watch)
    Staunch supporters of bitcoin on Wednesday night were questioning Elon Musk's crypto bona fides after the CEO of Tesla Inc. said that the company would halt its experiment of selling its electric vehicles using bitcoin due to "rapidly increasing use of fossil fuels" mining the digital asset.
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