EBay The Marketplace Giant Will Pursue Crypto Payment Solutions

EBay, the marketplace giant, will pursue crypto payment solutions for its customers, as well as look at ways to add nonfungible tokens (NFT) on the website, CEO Jamie Iannone told CNBC on Monday.

A growing number of companies have begun to accept cryptocurrency as their payment system.

According to CEO Jamie Iannone, eBay will be “looking at it and exploring opportunities” to enable nonfungible tokens.

Let’s look at what he said more to CNBC and when they will start to accept it.

ebay Pursue Crypto Payments Solution

eBay has the possibility of accepting cryptocurrency as a form of online payment. At the same time, they are also looking at ways to get NFT on its platform.

Though according to the CEO statement, they have no immediate plans. But they are interested in doing it.

In an interview with CNBC today, eBay CEO Jamie Iannone said,

One of the great things about eBay is that it just shows up on eBay when there is a new trend. That is what we are seeing in areas like NFT, which we are looking at how can we explore that better.

“We are currently looking at a number of ways to innovate in this space and we are excited about the underlying capabilities and how the blockchain-driven collectibles bring trust and authenticity, key components of a marketplace, to the digital space,” an eBay spokeswoman said in an emailed statement.

He also added that we’re exploring opportunities on how we can enable it (NFTs) on eBay easily.”

According to the Cointelegraph report,

Sections of NFTs were already transacting on the website, but eBay had not yet made the process easier for buyers and sellers.

Some users can still list Bitcoin (BTC) for sale on the website, despite eBay explicitly prohibiting such auctions.

What Is NFT

NFT is a non-fungible token that has exploded in popularity in this year 2021. It is a digital asset that operates on a blockchain. Besides, it is unique and cannot be replaced with anything else.

With the help of this digital asset, NFT artworks are selling for millions of dollars and musicians like Kings of Leon endorsing them for their new album.

Bottom Line

Besides, Tesla Inc. also accepts bitcoin as payment for its electric vehicles. Moreover, the online payments giant PayPal allows users to purchase, sell, and carry cryptocurrencies using its online wallets last year.

April 15, 2021April 15, 2021

Crypto Billionaires Listed On World’s Annual Ranking By Forbes

Crypto Billionaries Listed On Worlds Annual Ranking Binoption

12 Crypto Billionaires Listed On World's Annual Ranking By Business Magazine Forbes

Do you know the actual number of crypto billionaires with their name? Well, it is pretty impossible to know everyone’s identity. But yes, many of them are prevalent enough in the internet world. And today’s blog is dedicated to those who are on the list of the world ranking.

A few days earlier, the famous American business magazine Forbes published the company’s 2021 documentation. The documentation was about the wealthiest billionaires in the world.

Sounds interesting!

Moreover, according to the published list, the world found 12 billionaires that work directly within the cryptocurrency industry. Interestingly, the list of crypto billionaires is 3x more extensive than last year.

Forbes Crypto Billionaires List

The most popular business magazine Forbes has been publishing billionaires’ list since March 1987. Their target was to bring the world’s wealthiest persons in front of the public. And the team succeeds. And since then, every year, Forbes publishes this magazine.

Moreover, the company has deployed around 50 journalists to find and track the globe’s wealthiest people. Our team found it a bit interesting.

Yoshiaki Tsutsumi, a Japanese business owner and real-estate mogul, was the wealthiest person in 1987, with an estimated wealth of almost $20 billion. But in the year 2021, with an estimated $177 billion in assets, Amazon’s Jeff Bezos is the world’s wealthiest guy.

Note that Bezos was the first person on the planet to be named a billionaire by Forbes.

The second person on the list is the famous dogecoin (DOGE) fan and Tesla CEO Elon Musk. Elon followed Jeff, with an estimated wealth of 151 billion.

We picked the following statement directly from their magazine. Click here to see the Forbes Billionaires List.

A staggering 86% are more prosperous than a year ago. Jeff Bezos is the world’s most decadent for the fourth year running, worth $177 billion, while Elon Musk rocketed into the number two spot with $151 billion, as Tesla and Amazon shares surged.

Whether you a fashion icon or not, almost half of the world is familiar with Sephora and Louis Vuitton’s famous brands, so here comes the third wealthiest person Bernard Arnault. Bernard and his family own companies like Sephora and Louis Vuitton. According to the list, they hold around $150 billion in net worth.

On the other hand, Forbes has already included 12 crypto billionaires directly involved with the crypto industry. Elon Musk is one of them. However, most will argue that he is more of a supporter than a participant in the blockchain industry.

Most importantly, you can’t ignore the name, the actual crypto inventor, Satoshi Nakamoto. Forbes also included him in the list of crypto billionaires.

One of the online news sites Bitcoin.com, reported that,

Using today’s exchange rates, Nakamoto could be worth more than $59 billion.

Also, Forbes notes that Sam Bankman-Fried, CEO of FTX Exchange, is the wealthiest crypto billionaire today, worth $8.7 billion. Brian Armstrong, the CEO of Coinbase, is the second richest person, worth approximately $6.5 billion.

The Winklevoss Twins, owners of the Gemini Exchange, are the following two people on the list, with a combined net worth of about $6 billion.

Final Words

Though we are in the middle of this running year, still eagerly waiting for the upcoming list of Cryptocurrency Billionaires. Honestly, it will be great fun to see how things look in the year 2022. Significantly, most of them are counting on the number of crypto people.

Bitcoin.com hoped that the three essential factors, such as a larger crypto economy, a bitcoin exchange-traded fund (ETF), and companies like Coinbase going public, would produce a lot more crypto billionaires next year if they come to fruition.

April 1, 2021April 1, 2021

4 Remarkable ETFs List To Invest In The Biden Infrastructure Plan

List Of ETFs To Help You Invest-Binoption

4 Remarkable ETFs List To Invest In The Biden Infrastructure Plan

After unveiling a massive infrastructure plan by President Joe Biden, many paths have already opened for traders and investors. The President introduced this plan by calling it ‘a once-in-a-generation investment in America.’

Moreover, for this plan, some stocks and exchange-traded funds will get benefits. Though some funds are perfectly good for immediate play, and some are in the long run.

Here, we will showcase the name and reasons of some funds which are the great place for investors to put money. It is also necessary to note that the article will not suggest you invest only in these funds.

President Joe Biden's Full Speech On Infrastructure Plan

4 Remarkable List Of ETFs

Please, do not consider it as financial advice. Moreover, the article will only reveal the opportunity and paths that one can follow, but only depending on the right time.

Here is the 4 remarkable ETFs list to help you invest in the Biden infrastructure plan.

1. Water:

In the infrastructure plan, Joe Biden mentioned the plan to eliminate lead pipes and service lines. In his speech, he stated that,

Look, today up to 10 million homes in America and over 400,000 schools and childcare centers have pipes, where they get their water from, lead-based pipes. Including pipes for drinking water. According to scientists, there is simply no safe exposure to lead for a child.

Todd Rosenbluth, CFRA’s head of mutual fund and ETF research, spoke with MarketWatch regarding the plan. Rosenbluth said, “This is an investment theme that I thought was under the radar, but I’m pleasantly surprised to see that this ETF has a billion and a half in it.”

The ETF that we are mentioned here is the Invesco Water Resources ETF PHO, +0.61%.

Moreover, Rosenbluth pointed out PHO “extremely diversified.” On the other hand, the Invesco holding water utilities, machinery companies, industrials and materials companies that make the equipment to improve water infrastructure, life sciences tools and much more.

Notably, PHO charges a bit higher than many ETFs, like 50 basis points.

Rosenbluth also added that “it is a multi-shaped ETF. Still, it can be a nice complement to an existing portfolio, particularly for an investor with a long-term horizon.”

2. Transportation:

Joe Biden mentioned work details in his infrastructure plan. He started with joy, “I’ll begin with the heart of the plan. It modernizes transportation infrastructure, our roads, our bridges, our airports.”

Though the transportation sector is not going to see an immediate jump from the infrastructure spending plan, there is hope. The transportation sector will indirectly boost if the plane, train, and automobile move the country’s materials and workers.

And later, it will be the beneficiary of advancements to facilities like roads, bridges, airports, and so on.

Furthermore, Rosenbluth suggests investors consider either the iShare Transportation IYT, -0.49% Average ETF or the SPDR S&P Transportation ETF XTN, -0.83%. It is necessary to mention that the first one is market-weighted, and the last one is equal-weighted.

There are a few more so; investors need to look at the portfolios before investing carefully.

3. Broadband:

If you are ready to invest in this field, you need to consider a few things. The Biden Administration wrote in the plan that “Broadband internet is the new electricity. It is necessary for Americans to do their jobs, to take part equally in school learning, health care, and to stay connected.”

Found that Rosenbluth also has something to suggest in this theme as well. He suggests investors invest in the Defiance Next Gen Connectivity ETF FIVG, +0.74%.

Moreover, MarketWatch reported that,

President Biden’s White House said on Wednesday that it plans to invest $100 billion to expand fast broadband to everyone in America under his $2.25 trillion infrastructure plan.

Joe Biden strongly pointed that “when I say affordable, I mean it. American’s pay too much for internet service. We’re going to drive down the price for families who have service now and make it easier for families who don’t have affordable service to be able to get it now.”

4. Clean Energy:

MarketWatch Reported in the Mid-March that “clean-energy ETFs have slumped in recent weeks, even though such spending figures prominently in the American Jobs Plan–and despite continued gains for the oil price CL.1, 0.64%.”

At the same time, Rosenbluth also thinks that these are solid long-term investments for ETFs investors.

Final Words

Again, it is mandatory to notify that we are giving any financial advice here. So, we suggest you see the market movement and review the fund’s portfolio before investing money.

March 21, 2021June 17, 2021

Mastercard Inc: The Latest Fintech Company To Encompass Cryptocurrency

Mastercard Inc encompassed cryptocurrencies recently as the latest Fintech company. So, the cardholders will be able to transact in certain cryptocurrencies within 2021.

On Feb 10, in a blog post by Mastercard’s digital asset and blockchain, VP Raj Dhamodharan says,

We are preparing right now for the future of crypto and payments. Mastercard will start supporting select cryptocurrencies directly on our network. It’s a big change that will require a lot of work.

So, surely a great time ahead for those Mastercard users looking for a simple way to transact crypto.

Mastercard Inc Encompassed Cryptocurrency Onto Its Network

Whatever the world’s opinion on cryptocurrencies might be, one thing is obvious to all by now. Digital assets are rapidly becoming a common form of payment all over the world. And by realizing the boom of the crypto world, Mastercard denied keeping crypto out of its network.

We must say, the company indeed has a wise outlook. Including digital assets for the people using the cards to buy crypto assets has proved the earlier statement. It chose the best timing after BTC surged on the historical $1 trillion market cap.

Great step with the best resolution. Right?

Let’s see what the company say,

We are here to enable customers, merchants, and businesses to move digital value — traditional or crypto — however they want. It should be your choice. It’s your money.

Why Is Mastercard Bringing Crypto?

Their main motto is to create more possibilities for users by availing of an entirely new payment form. No doubt, the initiative will also help businesses to attract more customers who use digital assets.

Moreover, sellers can heighten loyalty with existing customers. Also, it will allow customers to save, store, and send money in alternative ways.

The Chemistry Of Fintech Giant & Crypto Assets

Everything seems to be interconnected. You may be wondering how.

Elon Musk recently announced that Tesla had bought $1.5 billion in Bitcoin.

The credit-card giant then announced its acceptance of crypto assets a few days later. Mastercard already offers customers to transact using cryptocurrencies, although without going through its network.

However, the company specified some digital assets like Bitcoin & Ethereum to transact with. So, it won’t randomly support all the cryptocurrencies on its network.

Moreover, a significant question can arise at this stage. What kinds of cryptos were added to the list?

And our next point will go over this subject in depth.

Crypto Assets That Mastercard Add Onto The Network

Unfortunately, not all crypto-assets can transact with Mastercard. To tighten the compliance measure, the company has included four key points of requirement. Only those cryptos will be allowed, which can fulfill these requirements.

Let’s take a quick look at the requirements:

Consumer rights, such as privacy and data security — the same degree of security that customers have come to expect from their credit cards.
Strict compliance protocols will be needed.
These digital assets must follow local laws and regulations in the regions they are used.

People will want to use these digital assets for payments.

They also mentioned that a crypto asset needs to offer the stability of what people need in an exchange option for spending, not an investment.

Closing Bell

Adapting to emerging technology is the most important defense mechanism for any company to survive in the present era. And as a genetic company, Mastercard Inc displayed its great adaptive skills. It has shown its gut to allowing cryptocurrency for the users, and that’s how adapting to the new trend.

Indeed, it’s a great initiative for both the company and the crypto world. Also, it expresses that the company is thinking fast to see the future beforehand.

March 8, 2021October 25, 2022

Surge In Bond Yields Knocked BTC Downward

Surge In Bond Yields Knocked BTC Downward: What happened Next?

After the Federal Reserve Chairman Jerome Powell’s comment last Friday, the surge in bond yields knocked Bitcoin downwards. Investors induced to turn around towards the less risky assets.

According to CoinDesk’s daily chart report, on that day, BTC was down to 3% at $48,308. It is now about $7000 lower than its recent ATH $58,000 level that pushed the splendid event of bitcoin’s hitting the $1 Trillion market cap.

We have witnessed a 6-fold upraise of BTC in terms of last year because of fiscal and monetary stimulus injection in the U.S economy to revive it.

Moreover, the primary fuel BTC’s magnetic rise was the speculators betting on BTC’s aspect as the dominant digital currency. Besides, the term “digital gold” fascinated institutional investors, taking it as a hedge against risks such as potential inflation in the post-Covid economy.

Factor Working Behind the BTC Downfall

However, Powell’s acknowledgment of being concerned with the tightening financial conditions and this question-and-answer interview with the Wall Street Journal had a great impact on the price rush towards the $48000 level last week.

His comments resulted in a surge in bond yields and prompted a red sell-off show in high volatile assets like bitcoin.

Current Market Situation Of BTC

Last day (Sunday), Bitcoin was traded higher with a 4% gain at $50,500 after U.S. President Joe Biden’s speech on the historic $1.9 trillion fiscal stimulus plan to combat the pandemic-induced economic crisis.

While writing this article, this power coin is traded for $50,683, which is surely a positive sign.

Final Words

The Covid pandemic had a cruel influence worldwide; there is no doubt. But as for the financial trading markets, it, fortunately, blew a positive vibe somehow. That’s also the truth.

The market is now going through huge difficulties, creating many opportunities for investors.

If we see early 2020, all crypto asset prices were half in value than the current value. That means most of the crypto currencies and tokens gained almost 2x rise. So, investors are now more optimistic about their predictions on Bitcoin in 2021.

Indeed, this vibe is attracting the crypto bees way more than before.

Companies like Tesla, Micro Strategy, Square Inc. Etc., are investing in BTC even though it may or may not cause them a downfall in their share value.

February 22, 2021October 25, 2022

Bitcoin Hits $1 Trillion Market Cap, Surges Above $58,000

Bitcoin Hits Dollar One Trillion - Binoption

Bitcoin Hits $1 Trillion Market Cap, Surges Above $58,000

Bitcoin hits 1 trillion dollar market cap this Friday after a massive price surge of $56,620; the popular crypto coin took its weekly gain to 18% and yearly surged over 92%.

According to the price chart, the market cap is approximately around $1.7 trillion combined with all digital coins, where Bitcoin took a prominent place.

Moreover, Bitcoin broke above the resistance line of the ascending channel on Feb. 19. And also, the bulls have sustained the breakout.

According to the Cointelegraph,

The BTC/USD pair had formed a Doji candlestick pattern on Feb. 20, indicating indecision among the bulls and the bears about the next directional move. That uncertainty has resolved to the upside today, and the bulls will now try to propel the price to $60,974.43.

On the other hand, on Feb 21, the price of Bitcoin has set an all-time high to over $58,000.

Bitcoin Hits $1 Trillion: What Elon Musk Said

CNBC reported that,

Tesla CEO Elon Musk said Saturday that bitcoin prices “seem high” after the cryptocurrency surged to another record high this week.

Not only this popular crypto coin but Ethereum, the second-largest cryptocurrency, also hit record highs.

Peter Schiff, a Chief Market Strategist, and Senior Economist have mentioned Elon Musk in one of his tweets, where Musk replied that,

“Money is just data that allow us to avoid the inconvenience of barter. That data, like all data, is subject to latency & error. The system will evolve to that which minimizes both.”

Moreover, in the following post, Musk responded, “That said, BTC & ETH do seem high lol,”

Final Words

Recently, the popular cryptocurrency Bitcoin is trading under $55,000. According to the CNBC report, bitcoin’s price has gained roughly 350% during the past six months.

According to the financial analysts, it could set a record of $100,000 before year-end.

February 3, 2021October 25, 2022

Bitcoin Recent Drop – The Connection Between Bitcoin & Miners

Bitcoin Recent Drop - The Relation Between Bitcoin & Miners

You have seen the recent Bitcoin drop chart that happened in the last month, 22nd January 2021. At the same time, you have also seen the rocket movement.

However, the price surges a lot in the next few days and set another all-time high for traders or investors.

The Cointelegraph group throws a statement by thanking the team of Miners.

According to the statement.

Thanks to miners likely selling huge amounts of their holdings — but big buyers made sure that the dip was minimal.

But is this the only reason behind this recent dip?

Let’s make a tour to know what actually happened that day. Also, how long this popular coin will hold the bullish Trend.

Bitcoin Price Drop - Throwback January 21, 2021

If you look back, the daily chart will show you an unwanted price drop. The crypto market experienced a surge in sales pressure, and within the last hour, Bitcoin (BTC) price dropped below $30,000.

Even the market cap has dropped by $113B.

The Daily Outflow From Miners

According to the CryptoQuant, an on-chain monitoring resource, the team spotted massive overflows from mining pools the past few days. And the action mainly resembled the reduction of 20% in a week by BTC/USD.

On the other hand, Bitcoin miners are affiliated with the largest mining pool, F2Pool. However, it is essential to mention that F2Pool is not a miner.

It is a service provider that mostly miners used to combine or gather their resources.

The outflows journey started on 15th January, and the daily outflows had reached 10,000 BTC ($313 million) by 17th January. Both Cointelegraph and CryptoQuant combinedly blamed F2Pool for this vast majority of outflows.

But after discovering that there was a minor error in CryptoQuant’s information, they released a revision.

Sales From Amid Huge Grayscale Buys

If the coins from the mining collectives connected with F2Pool had produced a significant amount of new BTC supplies for sale on the market, it is possible that one buyer, in particular, would have circled them.

On the other hand, assets management Giants Grayscale has added a selected amount this week. Hopefully, it will allow BTC/USD to prevent a deeper dive.

We have found a report that the company recently published on their website. In that report, they have highlighted their Q4 2020 investments along with the year’s end.

Moreover, the report says that almost 93% of inflows came from institutions. They also compound the perception that these institutions are the key purchaser of any spare BTC supply.

2021 Bitcoin Predictions - Adam Draper

We have found a variety of Bitcoin prediction for the year 2021. Experts are also holding a hope that Bitcoin will go up from its current price. That means it will set a new high sooner or later.

Let’s see what Adam Draper stated about Bitcoin price. Need to mention that he is a Co-Founder and Managing Director of Boost VC.

My 1 BTC is still worth 1 BTC. It’s that other currency, US Dollars, that keeps falling.
At the end of the day, the value delivered to the end consumer is the only thing that matters. If Alt-Coin season comes, it’s because the value is starting to be real. BTC already has the store of value feature that is super helpful (and) institutions are flocking.
Bitcoin gave us scarcity online. We are in the skeuomorphic phase. We are learning where replacing third-party trust with mathematical proof is helpful. The opportunity is not about the focus on technology, it’s about enabling new financial products and granting access to value to the rest of the world. The focus is on decentralizing the internet — pick around there, and you will find the biggest opportunities. I’m excited about Unstoppable Domains and others in that space.

Final Verdict

At the time of writing, Bitcoin is trading at the value of $35,956. The article is fully concentrated on its downward movement. We will also publish your prediction if you hold any. To send your Bitcoin price movement prediction, feel free to contact us.

CEO Michael Sonnenshein predicts that 2021 will see growing interest from financial advisors in the Bitcoin space, along with a downturn in the associated investment risk.

January 18, 2021January 19, 2021

Real MT5 Synthetic Account Holders – New Servers Brings Light

New Servers Brings Light For Real MT5 Synthetic Account Holders

A big shout out for the real MT5 Synthetic Account holders. The company has been working tirelessly to improve Synthetic Indices to offer the best service to their clients.

Here is the pleasant news for you.

Binary.com has recently created additional servers to improve your experience. However, they are still working to bring the same functionality for the Deriv account holders.

On the other hand, the asset class only available for MT5 users. Additionally, it is recommended to have a solid knowledge of trading before dealing with a real account.

Let’s have a look at the next phase that will describe the platform with its benefits.

Why Choose Meta Trader 5

Hopefully, you have been seen & experienced a lot to trade with proprietary platforms. Notably, brokers mainly design proprietary platforms and let traders enjoy the in-house trading environment.

But Meta Trader 5 is completely created by the third party, which is also used by many brokers.

Even the advantages are many of using this trading dashboard. You will get all advanced tools and indicators to analyze the market. Mostly professionals choose to trade the volatile financial market using this trading platform.

Want to know more? Bring your cursor here and read the article to know the anatomy of MT5.

Faster Than Before (Meta Trader 5 Operation)

Now, traders and investors will enjoy the best performance experience by using the MT5 platform. The platform currently offers multiple servers that you can select geographically.

Because geographically purposed platforms ensure that you will get the best speeds and optimal performance based on where in the world you trade from.

Moreover, traders from Europe & Africa can also enjoy the seamless trading experience by selecting accommodated servers.

But to enjoy the server benefit, you will need to create a new MT5 Synthetic account. You will find an article in our guide section to address the details about the Synthetic Account.

How To Make A New Account On New Server

Making a new account on a new server is effortless work. It will take minimal time to jump to a conclusion.

Follow the steps below on how to open a new account.

Log into your account at Binary.com. If you haven’t sign-up yet, please click the below button to open a new account.

Under the trade tab, go to MetaTrader 5 and down to your dashboard. On the bottom right-hand side, click the green button that says ‘add more trade servers.’

Set the desired password for your MT5 Real Synthetic account, and click ‘Next.’

Choose a trade server for your MT5 Real Synthetic account that is closest to your location. Click on ‘Create an account .’

Congratulations. You have now successfully created a new MT5 Real Synthetic account on a server that will perform faster and better for you.

Return to the dashboard to see your listed account. Lastly, you are ready to perform trade & transfer funds to your MT5 Synthetic Account.

Can I Use My Old MT5 Account?

Yes, you can definitely use your previous MT5 account to perform trades. We recommend you to trade on a new server to make your trading life easier than before.

Even your Binary account will remain the same. Do not think that you are now out of your planet. You are just opening a new server to speed up your trading train.

Final Words

There is nothing important to share with you now. We have covered this blog with all the necessary information that you should know about the new server.

For further queries, you can connect with us through our live chat or social media platforms. The exciting part is that you don’t need to open additional accounts on your other platforms.

Enhance your experience! Hope you will enjoy it.

December 17, 2020October 25, 2022

Bitcoin Price Surges $22,400 – A New All Time High

Bitcoin Price Surges $22,400 - A New All-Time High With Average 200% Gains Per Year

The investor’s eyes are constantly on Bitcoin as it hits the highest price with an all-time high of $22,400. According to the report, the analyzer reports December 17 as the highest price Bitcoin has ever made.

There is no chance of slowing down the price surges rally that we have already mentioned in our bitcoin price prediction article.

On Wednesday, Bitcoin has broken the record for the first time. The popular coin jumped 5%, to about $20,550—most of the investors counting this digital coin as a potential source of income for the future.

Moreover, it is mandatory to note that the new high took bitcoin’s market capitalization to $384 billion.

Bitcoin Price Surges - Experts Thoughts On Making A New High

Undoubtedly, the market is the best suit to invest more in this period. Most crypto exchanges sites stated that this is the very first time the coin has hit the recorded benchmark.

Bitcoin will definitely show the investment world a new light. According to the Bitcoin Charting,

BTC has made 19%, and over the past 30, it has added 32%. Since the beginning of this year, a whopping 220%.

At the same time, Cointelegraph reported that the founder and CEO of Compound Capital Advisors Charlie Bilello stated

A Bitcoin investment made in 2011 had delivered returns of 6,271,233%. Nothing has matched it since then, and the next best bet, the Nasdaq, offers a paltry 512%.

According to the new measure of Bitcoin dominance, the market share is showing around $410 billion. All selected investors are commenting on various sources about the Bitcoin price surges news and the future prediction.

MicroStrategy Chairman and CEO, Michael Saylor commented,

Bitcoin is the world’s best treasury reserve asset & the emerging dominant monetary network. It is the solution to the store of value problem faced by every individual, corporation, & government on earth.

Another popular Bitcoin trader and analyst, The Moon replied in the post of Michael Saylor “$30,000 by January”.

World's Best Companies Vs Bitcoin

We all know clearly that everyone is trying to make enough money. No matter which path they are following, the goal is to put the coin into their purse.

Less effort and higher returns are not a dream anymore. However, it would be best if you walked into the right trail to generate higher returns.

We are here with a chart that will show the number difference between World’s best companies vs Bitcoin. Surprisingly, the popular digital coin blows away other big financial shots.

For 100 dollars invested 10 years ago. Source: Howmuch.net.

According to the chart, the Amazon stock is in the highest position. Only 3 other companies generate returns above $1,000, including Apple ($2.4K), Visa ($1.7K) and Microsoft ($1K).

This is the estimation if one has invested $100, they will get the percentage that they showed here. So, Bitcoin shows a 9,150,088% returns for $100 invested 10 years ago.

Bitcoin Next Move

What will be the bitcoin’ next move?

Different analysis teams have different thoughts and prediction for Bitcoin. It could touch the moon if it follows the same rally.

Chart guru Willy Woo posted an update of Bitcoin’s Top Cap Trajectory stated that;

$100k is a ridiculously low target at the currency trajectory.

At the same time, The Willy Woo tweeted by giving a congrats post,

We are not at the all-time-high juncture where the BTC Top Cap Model starts curving upwards. Let’s see how high she runs in 2021.

Macro analyst Alex Krueger argued that

The more time $BTC spends below 20K and the lower the funding and futures basis as price approaches 20K, the stronger the upwards break once it comes. It will come.

So, it clearly shows that Bitcoin is going to hit or set another all-time high record sooner or later. It is the lovely cause of why people are more interested to select crypto as their number one investment asset.

December 10, 2020October 25, 2022

Bitcoin Price For 2021 – Will There Be Another Giant Gear Up Move?

Bitcoin Price Prediction For 2021-Binoption

Anticipating Bitcoin Price For 2021: Will There Be Another Giant Gear Up Move?

Predicting the Bitcoin price for 2021 is essential for every BTC holder. Browsing through the internet, you can see thousands of such BTC price forecasts for the upcoming years.

Some show kind of the wildest spike-up figures, whereas some others are in opposite directions.

Indeed, Bitcoin holds the largest market cap (currently over $350 million) in terms of other cryptocurrencies. It’s also real that this digital currency has faced many notable rallies and equally sharp price declining since its very birth.

However, today we will strive to picture the Bitcoin price movements for 2021. The principal base of our analysis will be the experts’ views as well as all the significant price movements of the past few years.

BTC Roller Coaster's Rides Throughout 2016-2019

Bitcoin started its journey as almost valueless, yet surprisingly enough, years later, it got the value over $1000 per BTC.

Here, we will examine BTC’s price movement from 2016 as it is the pick point from where the revolution started to begin. Indeed, we, too, have an ulterior motive to project future speculation based on the inspection result.

The year 2016 level up the price at $774 in the middle, which was about $423 at the starting. And we have seen a clear uptrend that reaches the point of $780 at the end of the year.

It continued the uptrend till the next year, 2017. At the end of the year, Bitcoin reached it’s All-Time High (ATH), which was nearly $20,000. It was the hottest move that made many BTC holders rich beyond their wildest imagination. Almost all the top mainstream media covered this historical incident.

Thus, many retail investors who showed indifference to this digital asset started to rush towards it.

However, the roller coaster that reaches a peak fell downward in the next year, 2018. It literally retraced down to $3000, leaving many investors in utter regret and suspension.

That’s when the million-dollar question arose.

Will Bitcoin reach the same level in value in the future?

At that point, some retreated from this roller coaster ride immediately. However, keen investors opened long-term positions at that bear market bottom point and kept trust and patience in their decisions.

In 2019 offered them small up and down rides around the year. The price range of $3000 1st reached above $11000 in the middle of the year and then bounced back towards $7300 at the end.

Yearly Rides Of Bitcoin: 2020

Now, as for the global pandemic affected the year 2020, we have seen a trend that is pretty much an uptrend, except the significant price declining on 11th March to the level of $4,819.

This year, from January to June, the movement range was between $10,500–$6,000. Then, in July, the price rose to the level of 11,000 that reached 11 627 in July.

Again, there was a downward move towards $10,764 in September. However, from October, the down wave rose and reached 19,374 on 25th Nov.

Unfortunately, it surged down toward $16,743 and stayed around the range till 29th. Then, again jumped high to another new All-Time High of $19,864 on 1st Dec that broke the previous one of 2017.

So, those who had expected a substantial down move during the situation finally release a breath of relief.

Yes, the believers finally got another firm base for their previous decisions.

Bitcoin Price For 2021 - Where Will Bitcoin Reach?

Experts believe that this long-awaited record will affirm the macroeconomic view of crypto assets in the finance industry. Also, it will assist positively in boosting bitcoin price movements in 2021.

Predicting the price of BTC is indeed a tough task. But if we analyze all the important factors that might affect the price movement in the next year, it will become easier.

Let’s see how!

1. The Most Waited Halving Event:

If you have already observed the lifelong chart of BTC, you will easily understand the words below.

We can see every positive breakthrough of BTC price is followed by the halving events that took place after every four years. Though it’s not an immediate effect, it happens within 1/2 years.

And after the 2020 halving event, the price is going higher again. Well, this trend is pretty much similar to the previous of 2012 and 2016. Isn’t it?

Here, we can easily read the indications that the price will reach another milestone of $50,000-$100000 within the end of 2021.

And if it happens in real-time, then it will reaffirm Bitcoin’s historic parameter. Of course, for such a long-term analysis, the chance of opposite price movement is very little

2. Demand And Supply Chain:

Another crucial factor that has a direct connection with BTC pricing. We all know that the supply of this digital coin was limited to 21 million by Satoshi Nakamoto.

According to Blockchain.info, the 1st ever BTC was mined in Jan 2009. And it took 200 days to achieve the 1st One million coins. Now in 2020, more than 18 million Bitcoin have mined. That is 85% of the total supply chain.

However, due to the halving of BTC reward, over time, the process of bitcoin production is slowing down. Thus, the remaining 15% will take over 120 years to be mined. In contrast, the early 80% took only 12 years.

Besides, we also have to consider people’s demand. If people show more and more interest in BTC, the future price will climb higher. And if not, then the price will decline.

Now, do people are getting more and more interested in it? Or not? What do you think?

The recent price hike of BTC made it a topic of circular arguments. It’s worth more than people think it’s worth more. This type of discussion can attract more and more investors. However, it can also be risky, as it may cause reversals in market sentiment.

3. The Global Pandemic Issue:

Thanks to the Creator of all. We have survived an extremely panicky situation this year. And it’s easy to guess that Covid-19 will influence the BTC price movement directly or indirectly, just like all other trading assets.

Fortunately enough, the pandemic after effect situation is supporting the BTC price rise. You may ask how?

Well, many retail investors feel pressured as there exists a chance of inflation attack on the global economy. So, they are showing a keen focus on BTC investment, observing its positive potentials.

4. The Suspenseful Presidential Election Result:

Also, the current US presidential election result has a significant influence here. After Trump’s shock waves throughout the Bitcoin and crypto world, the community is now eagerly waiting for some positive vibes from Joe Biden.

However, BTC is already hovering after Biden, and it’s an encouraging sign indeed.

Not only these issues, but there are also a lot more technical and fundamental aspects responsible for the price fluctuations.

And by taking all these aspects into account, our beliefs are pretty optimistic about the price rise up in the next year.

The range might reach $25,000- $50,000 after all the possible ups and downs.

What Experts Think About Bitcoin Future?

You can easily find tons of financial institutions, investors, and well-known analysts who have shared their opinions and views on BTC 2021.

However, we are sharing some of the most famous expert future predictions in this section.

The Famous chartist and Bitcoin analyst Peter Brandth says

Bitcoin has held important support. It will go straight up to $50k.

New York Times bestselling author Robert Kiyosaki calls for Bitcoin to reach $75,000 within the next three years. He has been recommending his followers buy gold and Bitcoin.

He has warned,

Real estate and gold guys are being phased out and the bitcoin world is coming into view right now.

Cameron and Tyler Winklevoss, who have more than $1 million net wealth by Bitcoin, are the twin stars in the cryptocurrency market.

If you look at a $100 billion market cap and now more like $200 billion, there is a growth potential of 300 to 400%.

Plan B’s Stock To Flow Model shows a peak of $288,000 in the next cycle peak that might occur over the next couple of years. The chart is below from where you can check the price prediction flow.

Early Bitcoin developer, Adam Back, who many believe to be the man behind the Satoshi Nakamoto pseudonym, has predicted that Bitcoin will surpass a valuation of $300,000 per coin within the next five years. The crisis will push it to that high level.

Final Vibes

Eric Emerson Schmidt, the former CEO of Google, said

Bitcoin is indeed remarkable cryptographic achievements, and the ability to create something that is not duplicable in the digital world has enormous value.

The potentiality of Bitcoin encourages more and more investors. With manual traders, automated traders are also focusing on BTC trading. According to the expert EA traders,

BINBOT PRO is the best choice to trade the most popular digital coin in these years.

However, we must say all these predictions are only the views of expert analysts and investors. You should not strictly follow them as there always exists a high risk in financial investments.

Instead, study them and try to recalculate your views. It will help you to a greater extent.