Bitcoin Finally Reaches $50,000 🚀

...And Bitcoin Briefly Hit $50,000 Overnight 🧨

Tue. Feb 16, 2021

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Bitcoin Breaks $50,000 🚀

Bitcoin briefly broke $50,000 on Tuesday — hitting one of 2021's big targets in just six weeks. It comes as MicroStrategy prepares to borrow another $600 million to buy more Bitcoin. Some analysts now have their sights set on $65,000 on the next target… and it's fair to say that predictions of BTC breaking six figures don't seem so unrealistic now. What's next for BTC?

Was Verge Hit by a 51% Attack? 🕵️

Verge — the first cryptocurrency to be accepted by Pornhub — has reportedly suffered a 51% attack. More than six months' worth of transactions and balances have been completely wiped from its blockchain. The blockchain's administrative team have denied that a 51% attack has occurred, writing: "Stay calm and be assured your coins are safe." Here's the latest.

Christie's Announces First-Ever NFT Auction 🎨

Non-fungible tokens have been embraced by the celebs, so it was only a matter of time until the art world got in on the action. Christie's — one of the world's best-known auction houses — is putting a collection of NFTs under the hammer. Everydays: The First 5,000 Daysis by Beeple, and his art depicts society's obsession and fear of technology. Read more here.

COVID Tracking Meets Blockchain 😷

The pandemic continues to turn the world upside down, which has led Californian schools to turn to blockchain. In a bid to increase in-person teaching, several schools have adopted a blockchain-based app to track the spread of COVID-19. The schools are set to use Team.Care Network, an app created by the healthcare firm Solve.Care. Read more here.

Lotto Company Buys Bitcoin Mining Pool 🇨🇳

Chinese sports lottery company 500.com is acquiring the Bitcoin mining pool BTC.com. Run by Jihan Wu's BitDeer Technologies, the deal has to meet certain conditions in order to forge ahead. Based on a seven-day moving average, BTC.com is currently the fifth-largest mining pool. It also supports the ETH, BCH and LTC cryptocurrencies. See more here.

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