Cryptocurrency

Elon Musk Suggests Major Dogecoin Holders To Sell

Billionaire Tesla CEO Elon Musk urged some of the top hodlers of Dogecoin to sell their holdings and take profit. He said he was concerned that a small number of people are hoarding too much of the cryptocurrency.

If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo.

— Elon Musk (@elonmusk) February 14, 2021

He later added that he would pay actual money for them to just void their accounts. This caused the cryptocurrency to spike initially then drop down to 4.8 cents late Sunday, a roughly 45 percent drop from the all time high of 8.7 cents reached just last week.

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Binance Coin (BNB) Is Heading Towards $300 With A 60% Increase Today!

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BITCOIN PRICE SHOOTS TO $34,000!

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Bitcoin

Bitcoin (BTC) Crosses 55k And Is Heading Towards 60k Fast!

Less than two months into 2021, the price of bitcoin has risen 95.4%.

Earlier this week BTC smashed through 50k and is headed towards 60k just as fast. The price is currently trading at 57k as of press time up 60% this month alone. Along with BTC’s meteoric rise quite a few altcoins are going along for the ride.

Some are saying the astonishing rise of BTC’s price to the tremendous demand from buyers looking to hedge against inflation as governments keep spending and central banks keep printing money trying to keep their economies going through the pandemic.

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Binance

Binance Coin (BNB) Is Heading Towards $300 With A 60% Increase Today!

BNB is currently skyrocketing towards $300 after Binance CEO appeared on Bloomberg to discuss the current rise of BTC and other cryptocurrencies. During the interview he was asked about Binance Coin.

You can view the full interview by clicking here

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Bitcoin

BITCOIN PRICE SHOOTS TO $34,000!

Bitcoin’s price just shot to $34,000 despite plunging as low as $30,000 earlier today. The leading cryptocurrency trades for $33,950 as of this article’s writing and is up over 15% in the past 24 hours.

Bitcoin’s latest leg higher comes after a strong drop earlier today, as mentioned earlier.

After peaking at $33,000 in the morning, BTC plunged from $33,000 to $30,000 in the span of two hours.

Bitcoin quickly rebounded as buyers defended the key $30,000 support level. The cryptocurrency has been increasing ever since that bounce and now trades at new all-time highs.

Altcoins are continuing to outperform BTC. Ethereum is up 8.5% in the past 24 hours while most other altcoins have gained only a handful of percent.

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