Bitcoin Bulls Increase Confidence and Micro-Cap Altcoins Has Upside Potential, says analyst Aaron Arnold
In the recent video, crypto KOL Aaron Arnold from Altcoin Daily updates big news in crypto markets and explains the critical factors making the next 48 hours is important to watch out.
Fidelity Predictions Bitcoin Bottom
Jurrien Timmer, Global Macro Director of Fidelity, told his 56,000 Twitter followers his perspective on current bitcoin prices: “In my view, it looks like the bottom is in”.
Timmer uploaded a chart comparing BTC/USD with the GS Retail favorites basket, a relationship that highlights similar local bottom formations.
According to the trader, Fidelity has increased its Bitcoin activities in recent times, releasing a dedicated analytics platform and even applying to launch an exchange-traded fund (ETF).
MicroStrategy to Sell $1B in Stock to Buy More Bitcoin
MicroStrategy, in its latest move signaling support for bitcoin, will sell up to $1 billion of its stock to buy the asset., says Altcoin Daily.
“MicroStrategy has been consistently doubling down on its bitcoin bet, having made a considerable return on investment on its bitcoin purchases with the bull run in the first few months of 2021”.
As the trader says, MicroStrategy’s interest in bitcoin goes beyond just purchasing BTC and sitting on the asset. The company’s CEO is involving himself in more educational and awareness efforts, including the launch of a Bitcoin Mining Council.
Kim Kardashian Promotes Micro Cap Altcoin
Kardashian is an American reality television personality, socialite, model, businesswoman, producer, and actress. Recently, she urged crypto enthusiasts to consider buying EthereumMax (EMAX) tokens in an Instagram post.
“In her post, she disclosed that 400 trillion EMAX tokens have been burnt to give back to the entire Ethereum Max community”.
EMAX price, however, failed to live up to expectation as it tanked by 15 percent against the price of Bitcoin and Ethereum over 24-hours trade.
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