We are on a wild ride with Bitcoin (CCC:BTC), so please keep your hands, feet, arms and legs inside. After hitting an all-time high above $58,000, the leading crypto plunged to $48,000 amid bearish calls from analysts and Elon Musk. But the story is likely far from over. With growing mainstream support, investors should be looking for the next cryptocurrency to explode in 2021. Here is what you need to know right now.

Cryptocurrency: Pile of altcoins represented as physical coins
Source: Shutterstock
Essentially, everything has been working in favor of cryptocurrencies. Legendary investors continue to buy in, and even Tesla (NASDAQ:TSLA) purchased a $1.5 billion stake. Financial institutions are integrating digital currencies, and you can now buy a house or even a private island with your crypto wallet. On Friday, the first Bitcoin exchange-traded fund in North America launched to roaring success, perhaps paving the way to a sister fund in the U.S. In short, these headlines combined to push Bitcoin to a new all-time high. They also created a rally in a series of lesser-known cryptocurrencies.

Then, BTC hit the breaks as bearish Bitcoin price predictions poured in. Musk, a fan of cryptocurrencies, tweeted some concerns about current valuations. Are BTC and Ethereum (CCC:ETH) really too high? Regardless of the answer, Bitcoin, Ethereum and many of their peers started to tumble.

Where we stand now, Bitcoin has trimmed its losses and is down roughly 5% over the last 24 hours. While that speaks to the power still behind the name, it also opens the door. Investors still want to find the next cryptocurrency to explode in 2021.

If you want to get in on the ground floor, keep these five tokens in mind.


More info: https://investorplace.com/2021/02/the-next-cryptocurrency-to-explode-in-2021-5-names-to-consider-as-bitcoin-plunges/

The Polkadot price has not been spared by the ongoing cryptocurrencies sell-off. The DOT price is trading at $33.69, which is 12% below yesterday’s high of $38.51 and 20% below its all-time high.

The background: Polkadot is a fast-growing blockchain project that was created by the co-founder of Ethereum. The two projects are similar in that they help developers build decentralized applications like DEXes and lending platforms.

Most importantly, it offers interoperability to other blockchains. This aspects help to improve its scalability, isolatability, and security. Indeed, many developers have now shifted to the network. Some of the most popular projects built on the Polkadot network are Edgeware and Kusama.

more info: https://www.google.com/amp/s/www.investingcube.com/polkadot-price-prediction-dot-is-at-risk-of-a-major-pullback-cryptocurrencies/amp/

GUANGZHOU, China — Bitcoin could rise to $1 million over the long term to become a reserve currency for the world, according to one asset manager.

But JPMorgan warned of risks ahead as the cryptocurrency continues to rally.

Anthony Pompliano, co-founder and partner at Morgan Creek Digital Assets, said bitcoin could hit $500,000 by the end of the decade. It could eventually reach $1 million per coin, he added, without giving a timeline.

“I think that bitcoin will eventually rise to become the global reserve currency. I think bitcoin will eventually be much much larger than the gold market cap,” he said during the latest episode of CNBC’s “Beyond the Valley” podcast.

Bitcoin has surged over the last few months and surpassed $50,000 for the first time this week.

Why is bitcoin rallying?

A number of factors are behind the rush into bitcoin.

There has been large participation from institutional and retail investors. Major companies are also getting more involved with the cryptocurrency. Square bought some bitcoin last year and Elon Musk’s electric carmaker Tesla purchased around $1.5 billion in bitcoin, according to a filing this month. Musk and Square founder Jack Dorsey are both supporters of bitcoin.


More info: https://www.cnbc.com/2021/02/18/bitcoin-btc-gets-1-million-price-call-but-there-are-risks-ahead.html

Will Bitcoin Continue to Rise? Crypto Experts Finixio Make Their Predictions
Major Crypto Media Company Makes Market Forecast.
 
December 12, 2020 20:05 ET | Source: Finixio
photo-release
Crypto Experts Finixio Make Their Predictions
Crypto Experts Finixio Make Their Predictions
Major Crypto Media Company Makes Market Forecast....
London, UK, Dec. 12, 2020 (GLOBE NEWSWIRE) -- On Monday, November 30th the financial world held their collective breath as Bitcoin reached its highest value yet, topping its December 2017 all time high. The skeptics had been proven wrong.

Finixio has been keeping a close eye on this story for years. The media company publishes a wide variety of content and has done for several years. As a result their expertise in the area is second to none, and they are making their forecast on its future....

The History

In 2017, Bitcoin rocked the market by reaching an unforeseen peak of $19,783. This made professionals and amateurs alike stand at attention and start to take cryptocurrencies seriously.

The dream didn’t last long. Bitcoin was still an extremely volatile asset and the currency crashed spectacularly shortly after. It lost 25% of its value in only a day and by late 2018 it was valued under $4,000. There was no shortage of financial skepticism regarding its future.

But Bitcoin had been worth only hundreds in 2016 and mere cents in 2008. Despite its colossal fall, it had stabilized at a price that would still make early adopters unbelievable profits.

The Present

Eighteen days before the third year anniversary of its previous high, Bitcoin reached a value of $19,857.03. It began the year around $7100 and by October, it was already exhibiting an amazingly profitable year.

Renewed interest was sparking, and financial experts had started making amazing predictions from late spring. By the summer it was becoming clear that crypto and digital currency would have a huge role to play in the new global economy.

BTC started November at $14,000 and ended it with a bang. Monday’s peak was followed by an expected devaluation. By Thursday trading had gone down slightly with exchange data showing only $990 million in trades versus Wednesday’s $1.3 B and November $1.5 B average.

However, this time around people are not expecting a crash. In fact, both enthusiastic and cautious investors are predicting significant gains for Bitcoin in the next two years.

More info: https://www.globenewswire.com/news-release/2020/12/13/2144141/0/en/Will-Bitcoin-Continue-to-Rise-Crypto-Experts-Finixio-Make-Their-Predictions.html

Hackers have stolen over $40 million worth of bitcoin from Binance, one of the world’s largest cryptocurrency exchanges, the company said on Tuesday.

Binance said the hackers ran off with over 7,000 bitcoin and used a variety of attack methods to carry out the “large scale security breach” which occurred on Tuesday.
They also managed to get some user information such as two-factor authentication codes, which are required to log in to a Binance account.

The cryptocurrency exchange was able to trace the stolen bitcoin to a single wallet, it said.

“The hackers had the patience to wait, and execute well-orchestrated actions through multiple seemingly independent accounts at the most opportune time,” Binance said in a statement.

“The transaction is structured in a way that passed our existing security checks. It was unfortunate that we were not able to block this withdrawal before it was executed. Once executed, the withdrawal triggered various alarms in our system. We stopped all withdrawals immediately after that.”

More info: https://www.cnbc.com/2019/05/08/binance-bitcoin-hack-over-40-million-of-cryptocurrency-stolen.html

Investing in Bitcoin is all the rage but how exactly does a beginner get started?

Do you need to already have Bitcoin to invest? 

Or do you transfer money from your bank account to somewhere and convert it to Bitcoin? What does that look like?

We’ll answer all of these questions and list 10 popular websites for investing in Bitcoin.

Going forward, we’ll use BTC, which is the symbol for Bitcoin on exchanges and trading platforms.

If you just want to earn a high return with crypto, you might consider a crypto savings account. These accounts pay up to 12%, but do come with risks (just like regular crypto investing). Check out the best cryptocurrency savings accounts here.

Bonus Offer: BlockFi is currently offering an amazing promotion where you can get $250 in BTC if you open an new account with $25 and meet qualifying criteria. Open an account here >>

Top 10 Bitcoin and Crypto Investing Sites

1. Coinbase

2. Gemini

3. BlockFi

4. Kraken

5. Robinhood 

6. eToro

7. Bitcoin IRA

8. Crypto.com

9. Binance 

10. Coinmama

How To Invest In Bitcoin

Investing in BTC is similar to investing in stocks, except far more volatile because of the daily swings in BTC. Here are the steps to invest in stocks from the beginning:

Open a brokerage account at a firm that allows crypto investments

Deposit funds from your bank into the brokerage account.

Buy a stock using deposited funds (cash balance).

Later sell the stock for a gain or loss. Funds are returned to your cash balance.

The main difference with BTC is for step three; you buy BTC or another cryptocurrency instead of stock.

With BTC, the above flow is similar in most cases but it depends on the exchange or trading platform. In some cases, you can buy BTC using your credit card or by transferring funds from your bank account.

For other platforms, you must transfer BTC directly. This is known as a direct deposit of BTC.

We’ll discuss how to invest in BTC for US citizens. The methods vary across countries because of differences in laws and regulations. Some countries require more private information than others to verify you are legitimate.


More info: https://thecollegeinvestor.com/21245/top-10-bitcoin-crypto-investing-sites/

 has been sending users who live in the United States email notices warning thBinanceem that they have 14 days to remove their funds from the platform.

The email says,

Dear user, as we constantly perform periodic sweeps of our existing controls, we noted that you are trying to access Binance while having identified yourself as a US person. Please note that as per our terms of use, we are unable to service US persons. Please register for an account over at our partner, Binance US. You have 14 days to close all active positions on your account and withdraw all your funds, failing which your account will be locked.

Individuals who live in the United States are not permitted to trade on Binance.com, and instead, are supposed to trade on Binance.US. However, Binance.US does not have nearly as many trading pairs as the main website, so many individuals in the United States were finding ways around the Binance.com United States ban.

Binance has threatened to clamp down on United States users before, but has never threatened to lock user accounts. In July 2019, Binance gave its United States users 90 days to prove that they had not violated Binance’s terms of services, and if they could not provide evidence, then Binance barred them from trading and depositing on their exchange..


More info: https://coingeek.com/binance-will-lock-united-states-users-accounts-in-14-days/

Popular Cryptocurrency Conversions
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ETH to USD
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BCH to USD
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BCH to BRL
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BCH to GBP
BCH to INR
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BCH to KRW
BCH to RUB
Latest BTC to USD Rates
It's a match made in heaven: the world's biggest cryptocurrency and the world's largest fiat currency. BTC/USD is a major trading pair — and right here, you'll find up-to-the-minute information on the latest conversion rates.

Ever since Bitcoin launched in 2009, its value has often been conveyed in U.S. dollars. Comparing prices across exchanges helps guarantee you'll get the best deal, as some platforms offer a better deal than others.

Cryptocurrency adoption in the U.S. continues to rise — and in 2019, the number of people who owned digital assets doubled. With a population of 328.2 million, America is a massive and largely untapped market.

BTC vs USD Now
There's a constant buzz about how Bitcoin is performing against the U.S. dollar. Traders anxiously watch the pair's every move — and fluctuations regularly hit the headlines. CoinMarketCap is the place people go to to find accurate BTC/USD rates, and we're here 24/7.

Over the years, we've gained a reputation for continually monitoring thousands of markets. News websites and exchanges don't always have the latest conversions, but our easy-to-use tool is automatically updated on a regular basis.

Click here to read more about BTC

Don't forget that we have plenty of other metrics that can show you whether the BTC market is in a healthy state. You can easily assess the market cap of the world's biggest cryptocurrency — and at the top of every page we deliver an insight into Bitcoin's dominance.

This tool is fully customizable, meaning that you can type in any dollar amount and get an immediate conversion into BTC, and vice versa. Using the dropdown menu, you can also explore rates for other crypto and fiat pairings.

Learn about crypto with our beginners' guide

Bitcoin is renowned for its volatility — and in the past, it's gained and lost hundreds of dollars in a matter of minutes. Thanks to our straightforward tool, you'll never be out of the loop.

More info: https://coinmarketcap.com/converter/