Nov 25, · Both Bitcoin and Ethereum have gone up since Friday, so his stash has presumably increased to roughly $, This means that Jikh has likely already earned over % in profit since his initial $, investment was made (Jikh also invested an additional $10, after his initial buy-in). Mexico’s second-richest man, Ricardo Salinas Pliego, has 10% of his liquid assets in Bitcoin. Michael Saylor, CEO of NASDAQ-listed MicroStrategy, put $ million of his company’s treasury funds into Bitcoin. Nov 21, · The bitcoin price has more than doubled over the last 12 months, ramping up its latest rally this month and once again coming within touching distance of $20, per bitcoin. Now, Ricardo Author: Billy Bambrough.
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Bitcoin seems to be getting a lot more attention from institutional investors than the retail sector. The quantitative easing policies being implemented worldwide to contain the impact of the pandemic could be one of the main reasons behind this development.
Amongst these enterprise investors are the likes of Pual Tudor Jones, who compared buying Bitcoin to investing in tech stocks like Google and Apple in their early days. Despite the rising interest among big players, Bitcoin has yet to see the same spike in demand from retail investors. During the peak of the bull market, social engagement metrics surged to an all-time high of over , Alongside prices, social volume dropped to 83, as retail investors began to lose interest.
Such a divergence between prices and social media activity suggests that the pioneer cryptocurrency has more gas in the tank. Moving past this resistance barrier will increase the odds for an upswing towards the It is worth noting that the bullish outlook will prevail as long as Bitcoin holds above the Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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Moves electrons. Runs computer. Calculates small numbers. Financial freedom for people all over the world. Given that there are no other foreseeable solutions apart from the constant structuring of additional pipelines, this does sound like the perfect idea for Texas and bitcoin mining investors to look into. Let us know in the comments below!
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