Bitcoin (BTC) Price Surges to $40K Again, Cryptocurrency Market Cap Back to $1T
Business ı By Rochdi Rais
163 0 Comments
What BTC investors think about the surge
The Bitcoin price increase generated many tweets and comments. Anthony Pompliano, a Bitcoin investor tweeted on Thursday, “Welp, that was a quick bear market. Bitcoin back to $40,000. Stop listening to fools with no skin in the game”.Welp, that was a quick bear market.
Bitcoin back to $40,000. Stop listening to fools with no skin in the game. — Pomp 🌪 (@APompliano) January 14, 2021
Meanwhile, Another investor, Plan B commented that the stock-to-flow BTC price model showed it should reach the point of no return, and gain more value. Plan B stated, “Bitcoin $38k is nice, but I am still waiting for that larger monthly jump that usually marks the phase transition / the point of no return (red arrows).”Satoshi Nakamoto is probably the best founder of the 21st century and no one knows who they are.
— Pomp 🌪 (@APompliano) January 14, 2021
On the other hand, major financial firms were skeptical about Bitcoin’s price, like Guggenheim’s Scott Minerd who said Bitcoin is unsustainable and urged investors to sell it. However, many Bitcoiners said that Minerd’s tweet is intended to mislead new investors and lure them to sell so that Guggenheim can buy the cryptocurrency at a low price. Vinny Lingham, co-founder of Civic said in a Tweet, “If bitcoin breaks $42k, it’s going to run to test $50k pretty quickly, If it doesn’t, then most likely we’re going to be stuck below $40k for a while, with some sideways consolidation [and] this may trigger a big run on altcoins. Keep an eye on ETH, FIL, SOL for major breakouts”.They said #Bitcoin died on Monday, but now it's above 37k. Don't listen to the noise, stay focused
— Tyler Winklevoss (@tyler) January 13, 2021
To sum up, many investors are optimistic about the future of Bitcoin, even if the cryptocurrency’s very high volatility and highly secure structure can block them from accessing their own BTC account.If #Bitcoin breaks $42k, it's going to run to test $50k pretty quickly. If it doesn't, then most likely we're going to be stuck below $40k for a while, with some sideways consolidation & this may trigger a big run on altcoins. Keep an eye on $ETH, $FIL, $SOL for major breakouts.
— Vinny Lingham (@VinnyLingham) January 14, 2021
FOLLOW US
Recent Posts
Kelly Warner Law Firm Blames USA Herald for Arizona Bar…
Aaron Kelly Law Firm Resorts To Attacking Former Client Again…
Arizona Bar Opens Investigation on Attorney Aaron Kelly
Rhoda AI Secures $450M Funding to Power Next-Gen Industrial Robots
ExxonMobil to Move to Texas in Historic Corporate Shift
US Consulate Shooting in Toronto Triggers National Security Investigation
Alabama Man Fatal Shooting Death Sentence Commuted by Governor
Winklevoss Twins’ Bitcoin Transfer Sparks Market Speculation
Medtronic to Buy Scientia Vascular in $550 Million Neurovascular Deal
Google and Tesla Power Grid Initiative Targets Lower Energy Costs
Don’t Miss It
Kelly Warner Law Firm Blames USA Herald for Arizona Bar Investigation
By – USA HeraldAaron Kelly Law Firm Resorts To Attacking Former Client Again On KellyWarnerLaw.com – Pattern Recognized
By – Jeff WattersonArizona Bar Opens Investigation on Attorney Aaron Kelly
By – Paul O'NealRhoda AI Secures $450M Funding to Power Next-Gen Industrial Robots
By – Rachel MooreExxonMobil to Move to Texas in Historic Corporate Shift
By – Rachel MooreUS Consulate Shooting in Toronto Triggers National Security Investigation
By – Rachel MooreAlabama Man Fatal Shooting Death Sentence Commuted by Governor
By – Rachel MooreWinklevoss Twins’ Bitcoin Transfer Sparks Market Speculation
By – Rachel MooreMedtronic to Buy Scientia Vascular in $550 Million Neurovascular Deal
By – Rihem AkkoucheGoogle and Tesla Power Grid Initiative Targets Lower Energy Costs
By – Rihem AkkoucheJupiter’s Shift Direction Lights Up the Night Sky Again
By – Rihem Akkouche
Kelly Warner Law Firm Blames USA Herald for Arizona Bar Investigation
In what appears as a desperate attempt to defend multiple allegations of fraud on the courts, the Kelly Warner Law…
By – USA Herald
Aaron Kelly Law Firm Resorts To Attacking Former Client Again On KellyWarnerLaw.com – Pattern Recognized
Attorney Aaron Kelly and his law partner Daniel Warner are currently under investigation by the Arizona Bar for legal misconduct.…
By – Jeff Watterson
Arizona Bar Opens Investigation on Attorney Aaron Kelly
USA Herald recently reported on a developing story involving Attorneys Daniel Warner and Aaron Kelly. Both Warner and Kelly have…
By – Paul O'Neal
Rhoda AI Secures $450M Funding to Power Next-Gen Industrial Robots
In a move set to electrify the robotics industry, Rhoda AI $450M funding marks one of the largest early-stage investments…
By – Rachel Moore
ExxonMobil to Move to Texas in Historic Corporate Shift
In a move that could reshape the corporate map of one of America’s most powerful energy companies, ExxonMobil to move…
By – Rachel Moore
US Consulate Shooting in Toronto Triggers National Security Investigation
Authorities in Canada are investigating the US consulate shooting in Toronto after gunfire struck the diplomatic building early Monday morning…
By – Rachel Moore
Alabama Man Fatal Shooting Death Sentence Commuted by Governor
In a rare act of clemency that halted an imminent execution, the Alabama man fatal shooting death sentence tied to…
By – Rachel Moore
Winklevoss Twins’ Bitcoin Transfer Sparks Market Speculation
A wave of cryptocurrency movement tied to the founders of the Gemini exchange is drawing fresh attention across the digital…
By – Rachel Moore
Medtronic to Buy Scientia Vascular in $550 Million Neurovascular Deal
In a move poised to reshape the future of stroke treatment technology, Medtronic to buy Scientia Vascular marks a major…
By – Rihem Akkouche
Rhoda AI Secures $450M Funding to Power Next-Gen Industrial Robots
In a move set to electrify the robotics industry, Rhoda AI $450M funding marks one of the largest early-stage investments…
By – Rachel Moore
ExxonMobil to Move to Texas in Historic Corporate Shift
In a move that could reshape the corporate map of one of America’s most powerful energy companies, ExxonMobil to move…
By – Rachel Moore
US Consulate Shooting in Toronto Triggers National Security Investigation
Authorities in Canada are investigating the US consulate shooting in Toronto after gunfire struck the diplomatic building early Monday morning…
By – Rachel Moore
Alabama Man Fatal Shooting Death Sentence Commuted by Governor
In a rare act of clemency that halted an imminent execution, the Alabama man fatal shooting death sentence tied to…
By – Rachel Moore
Winklevoss Twins’ Bitcoin Transfer Sparks Market Speculation
A wave of cryptocurrency movement tied to the founders of the Gemini exchange is drawing fresh attention across the digital…
By – Rachel Moore
Medtronic to Buy Scientia Vascular in $550 Million Neurovascular Deal
In a move poised to reshape the future of stroke treatment technology, Medtronic to buy Scientia Vascular marks a major…
By – Rihem Akkouche
Rhoda AI Secures $450M Funding to Power Next-Gen Industrial Robots
In a move set to electrify the robotics industry, Rhoda AI $450M funding marks one of the largest early-stage investments…
By – Rachel Moore
ExxonMobil to Move to Texas in Historic Corporate Shift
In a move that could reshape the corporate map of one of America’s most powerful energy companies, ExxonMobil to move…
By – Rachel Moore
US Consulate Shooting in Toronto Triggers National Security Investigation
Authorities in Canada are investigating the US consulate shooting in Toronto after gunfire struck the diplomatic building early Monday morning…
By – Rachel Moore
Alabama Man Fatal Shooting Death Sentence Commuted by Governor
In a rare act of clemency that halted an imminent execution, the Alabama man fatal shooting death sentence tied to…
By – Rachel Moore
Winklevoss Twins’ Bitcoin Transfer Sparks Market Speculation
A wave of cryptocurrency movement tied to the founders of the Gemini exchange is drawing fresh attention across the digital…
By – Rachel Moore
Medtronic to Buy Scientia Vascular in $550 Million Neurovascular Deal
In a move poised to reshape the future of stroke treatment technology, Medtronic to buy Scientia Vascular marks a major…
By – Rihem Akkouche
The Northern Lights Return
The Northern Lights have a chance to be visible from several northern U.S. states on Tuesday night, forecasters at the…
By – Jackie Allen
February Unemployment Up as Job Losses Surprise Economists
February Unemployment Up as the latest labor market data revealed weaker-than-expected job growth and a slight increase in the national…
By – Jackie Allen
Late-Night Attack by Venezuelan National at Florida Beach
A Late-night attack by a Venezuelan National has left a Florida community shaken after authorities say a 26-year-old man ambushed…
By – Jackie Allen
Trump’s War in Iran: Congress Confronts Escalation After U.S. Strikes
Trump’s War in Iran was triggered open conflict, casualties, and renewed constitutional debate in Washington. The crisis intensified following reports…
By – Jackie Allen
U.S. And Israel Launch Major Strikes On Iran — What It Means For America
TEHRAN, Iran – In a dramatic escalation of global tensions, the United States and Israel launched coordinated military strikes against Iran…
By – Samuel Lopez
U.S. Court of Appeals for the Ninth Circuit Overturns $8M Asbestos Verdict Against BNSF Railway Co.
The U.S. Court of Appeals for the Ninth Circuit has thrown out an $8 million jury verdict against BNSF Railway…
By – Tyler Brooks
Rhoda AI Secures $450M Funding to Power Next-Gen Industrial Robots
In a move set to electrify the robotics industry, Rhoda AI $450M funding marks one of the largest early-stage investments…
By – Rachel Moore
ExxonMobil to Move to Texas in Historic Corporate Shift
In a move that could reshape the corporate map of one of America’s most powerful energy companies, ExxonMobil to move…
By – Rachel Moore
US Consulate Shooting in Toronto Triggers National Security Investigation
Authorities in Canada are investigating the US consulate shooting in Toronto after gunfire struck the diplomatic building early Monday morning…
By – Rachel Moore
Alabama Man Fatal Shooting Death Sentence Commuted by Governor
In a rare act of clemency that halted an imminent execution, the Alabama man fatal shooting death sentence tied to…
By – Rachel Moore
Winklevoss Twins’ Bitcoin Transfer Sparks Market Speculation
A wave of cryptocurrency movement tied to the founders of the Gemini exchange is drawing fresh attention across the digital…
By – Rachel Moore
Medtronic to Buy Scientia Vascular in $550 Million Neurovascular Deal
In a move poised to reshape the future of stroke treatment technology, Medtronic to buy Scientia Vascular marks a major…
By – Rihem Akkouche
When The Files Are Finally Unsealed The Most Mind-Bending Truth May Not Be What We Expect
[USA HERALD] – There is a widespread assumption that if governments release their most highly classified files related to unidentified…
By – Samuel Lopez
Civil Rights Icon Rev. Jesse Jackson Dies at 84 As President Trump Issues Personal Tribute
[USA HERALD] — The Rev. Jesse Jackson, a towering figure of the American civil rights movement whose career spanned more than…
By – Samuel Lopez
Clues to Savannah Guthrie Missing Mom’s Disappearance Found on Security System
The disappearance of the mother of Savannah Guthrie has taken a dramatic turn as investigators focus on digital clues tied…
By – Jackie Allen
Mike Tyson Urges Americans to ‘Eat Real Food’ in Emotional Super Bowl Ad Highlighting Health Risks
Boxing legend Mike Tyson is using his platform ahead of Super Bowl 60 to address a personal and national health…
By – Tyler Brooks
Deadly “Death Cap” Mushrooms in California Cause Multiple Deaths and Liver Transplants Amid Rare Super Bloom
California health officials are warning the public after four deaths and three liver transplants linked to the highly toxic death…
By – Ahmed Boughalleb
From Migraines to Miracles: How Becca Valle Survived a Glioblastoma Diagnosis Against the Odds
Becca Valle, 41, thought her headaches were just migraines—until a sudden, unbearable pain revealed something far more serious. In September…
By – Tyler Brooks
February Unemployment Up as Job Losses Surprise Economists
February Unemployment Up as the latest labor market data revealed weaker-than-expected job growth and a slight increase in the national…
By – Jackie Allen
Late-Night Attack by Venezuelan National at Florida Beach
A Late-night attack by a Venezuelan National has left a Florida community shaken after authorities say a 26-year-old man ambushed…
By – Jackie Allen
Trump’s War in Iran: Congress Confronts Escalation After U.S. Strikes
Trump’s War in Iran was triggered open conflict, casualties, and renewed constitutional debate in Washington. The crisis intensified following reports…
By – Jackie Allen
Cadillac Names Inaugural Formula 1 Car MAC-26 in Tribute to Mario Andretti Ahead of 2026 Australian Grand Prix Debut
Cadillac has officially revealed the name of its first Formula 1 challenger, confirming that its 2026 car will be called…
By – Ahmed Boughalleb
Norway Tops Medal Table After Day 13 at 2026 Winter Olympics as Team USA Surges Into Second Place
With 13 days complete at the 2026 Milan Cortina Winter Olympics, Norway sits atop the overall medal standings, collecting 34…
By – Ahmed Boughalleb
Olympic Science Explained: How Figure Skaters Spin at Blinding Speeds Without Getting Dizzy
When Amber Glenn finishes her routine, the arena usually rises with her. The music builds, her blades carve a tight…
By – Tyler BrooksNo posts found.
No posts found.
No comments yet. Be the first to comment!