Bitcoin News Alerts | Daily BTC News

Blockstream chief strategy officer Samson Mow has announced he will be leaving the BTC blockchain firm after five years. “Now is a pivotal point in Bitcoin’s evolution — we’re on the verge of mass adoption, and I think that I can make it happen faster,” said Samson Mow. According to the Pixelmatic CEO, a $1 million Bitcoin price could help make the Latin American nation “the financial center of the world.” Learn more about your ad choices. Visit megaphone.fm/adchoices

MicroStrategy CEO Michael Saylor, who's transformed his business intelligence company into a Bitcoin acquisition vehicle, expects the king cryptocurrency to eventually hit $6 million per BTC and in a new interview reveals the factors that he believes are contributing to the wild price swings in the crypto markets. “The volatility is driven by the immaturity of the asset class. The lack of wash trading rules – you can buy and sell [crypto assets] within the same hour…I think that’s fairly immature. I think 20x leverage on the off-shore exchanges, I think the Wild West of crypto derivatives, the cross-collateralization of altcoins into ETH [or] BTC through decentralized finance (DeFi) exchanges on a Saturday night through a very thin piece of liquidity on the 177th-biggest coin – all of those things are a recipe for volatility.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto bull Kevin O’Leary who is a prominent figure on the popular show Shark Tank recently shared his bullish 6-figure Bitcoin predictions and what he believes will drive the leading cryptocurrency (BTC) to that point. “You want to talk about bitcoin going to $100K, $200K, $300K, it’s going to happen when institutions can finally buy it,” the millionaire added. However, he also noted that bitcoin itself would have to be compliant if these institutions are going to invest in it. “When they do get that go-ahead, the price of the coin is going to appreciate dramatically,” O’Leary concluded. Learn more about your ad choices. Visit megaphone.fm/adchoices

Popular crypto analyst Justin Bennett is plotting out a roadmap for how Bitcoin can recapture the $50,000 level in the coming weeks. “I want to show you what I’m looking for in March – this potential setup that could have Bitcoin trading up toward the $50,000 area over the next few weeks." Bennett cites two key levels which, if reached, could launch BTC back above $50,000. “We need to see a daily close above $39,600. Also a daily close above $46,000 area. That will expose this area between $50,000 and $53,000. This has been a key level on the chart for the past few months.” Learn more about your ad choices. Visit megaphone.fm/adchoices

In a new Yahoo Finance interview, Bitwise Asset Management chief investment officer (CIO) Matt Hougan says that Bitcoin and crypto prices will rally during the second half of the year. “It always is uncomfortable when the market goes down. But I think we’re actually setting up for an extraordinarily strong second half of the year. I think there are short-term hurdles in front of us, but as I look at the underlying trends, I’m extremely bullish about where we end up by the end of this year. I wouldn’t be surprised to see [Bitcoin] challenge and even surpass the previous all-time highs as long as things break along positive lines." Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin bull Max Keiser, host of the Keiser Report and Orange Pill Podcast says new all-time high incoming for the king crypto while reaffirming his $220K BTC price target still in play for 2022 amongst continued gold price manipulation. "Gold gonna have a tough time. The same derivatives traders who have kept the price down for yrs just got their marching orders to quadruple down — since 2 of the biggest beneficiaries of higher Gold prices are China & Russia. Bitcoin new ATH incoming $220k still in play" Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin crashed to $34,300 this morning along with traditional financial markets as Russia declared war on Ukraine early Thursday. Ukraine has an advantage in terms of crypto adoption over Russia, research shows, as the latter launches an invasion of Ukraine. While Russian President Vladimir Putin has authorized a full-scale war on Ukraine, with Bitcoin playing a vital role on both sides of the fight, Ukraine appears to be better prepared to embrace the fledgling financial technology. Learn more about your ad choices. Visit megaphone.fm/adchoices

Canada’s war on Bitcoin appears to be backfiring as the country’s flagship exchange-traded fund (ETF) adds thousands of BTC. Data from on-chain monitoring resource Coinglass shows that over the two weeks to Feb. 23, the Purpose Bitcoin ETF has increased its holdings from 28,854 BTC to 32,257 BTC - 11.8%. “Canada warning everyone to get their coins off the exchanges because they will take them is the most incredible advertisement for Bitcoin I’ve seen in my entire life,” podcast host Dennis Porter wrote. Learn more about your ad choices. Visit megaphone.fm/adchoices

Seasoned cryptocurrency trader Tone Vays warns Bitcoin (BTC) traders that the king crypto is at risk of igniting another sell-off event. “We are below all the moving averages… The [200-day] moving average is about to start declining. That is not a good sign… This is a bad-looking daily chart. If this candle closes below $38,500, it is pretty bad… This arrow [pointing to $25,000] is somewhat realistic… There is a possibility of a snapback to the [50-day] moving average… We may be double bottoming again with $36,500 and then from there, this disaster can occur.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Mexico’s third-richest billionaire, Ricardo Salinas Pliego, gave some advice Saturday about investing in Bitcoin. Salinas is the founder and chairman of Grupo Salinas, a group of companies with interests in telecommunications, media, financial services, and retail stores. According to Forbes’ list of billionaires, his net worth is currently more than $13 billion. The billionaire tweeted Saturday urging his Twitter followers to buy Bitcoin and keep buying while the price of BTC is still low. His tweet reads: "You have to buy bitcoin (keep buying when the price is low), then just hold your BTC, forget about selling … Trust me you’re going to thank me later." Learn more about your ad choices. Visit megaphone.fm/adchoices