Top 5 bullish Bitcoin stories of 2021

for its vehicles, a move that gave crypto whales more reason to splurge on Tesla products. Tesla’s decision not only sent the Bitcoin price soaring but also signaled to other corporations that crypto is a strategic reserve asset.

After winning the hearts of crypto loyalists, Musk would later reveal that his company was halting BTC payments over concerns about the cryptocurrency’s energy usage. He also said Tesla sold roughly 10% of its BTC holdings, but only to demonstrate the coin’s liquidity. Although these could be taken as negative developments — the crypto community sure thought so at the time — the billionaire also hinted that his company was. Oh, and he says he never offloaded any of his personal BTC bags.

No, you do not. I have not sold any of my Bitcoin. Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet.

El Salvador has issued its own state-backed Bitcoin wallet, dubbed Chivo, and installed hundreds of crypto ATMs across the country to make it easier for locals to begin transacting with BTC.

Chainlink to the moon

31 go 🔥🚀

All this year was positive. I managed to load up bfx portfolio with bitcoin on all these dips.

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Trading volume for bitcoin and ether futures surpassed $32 trillion in 2021The trading volume of bitcoin and ether futures surged over $32 trillion in 2021, according to The Block Research.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Veteran Bitcoin hodlers are still selling record low amounts of BTC despite 70% gains in 2021Who's selling BTC at these prices? It's likely who you think it is, data suggests. Kdo prodává BTC za tyto ceny? Je pravděpodobné, kdo si myslíte, že to je, naznačují data... It's actually the indiscriminate numbers of wash trades going on around the unregulated centralized market-maker exchanges and the wash trades sellings are coordinated across almost all of the cryptos you can find on the exchanges. Only the speculator trader
Source: Cointelegraph - 🏆 562. / 51 Read more »

Almost 20,000 new Bitcoin ATMs installed in 2021, more than 50 a dayAs cryptocurrency adoption moves closer to general acceptance, participants in the crypto space are implementing systems to help facilitate the... Continue reading
Source: CryptoPanicCom - 🏆 563. / 51 Read more »

Trading volume of bitcoin and ether options grew 443% in 2021The combined trading volume of bitcoin and ether options grew 443% in 2021 to over $387 billion, according to The Block Research. That's huge growth...
Source: TheBlock__ - 🏆 464. / 53 Read more »