{"id":2938,"date":"2020-12-08T10:50:08","date_gmt":"2020-12-08T10:50:08","guid":{"rendered":"https:\/\/afluxcoin.com\/50\/bitcoin-price-review-week-50-2020\/"},"modified":"2020-12-08T10:50:08","modified_gmt":"2020-12-08T10:50:08","slug":"bitcoin-price-review-week-50-2020","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/ar\/50\/bitcoin-price-review-week-50-2020\/","title":{"rendered":"Bitcoin Price Review: Week 50\u20132020"},"content":{"rendered":"

Bigger bets are being placed on bitcoin.Bitcoin has steadied since we saw new all-time highs last week. The world\u2019s largest cryptocurrency continues to hang around the $19,000 level as it heads into week 50 of 2020.As of writing, the price of bitcoin is $19,100.Bitcoin is down roughly 0.8% in the last 24 hoursBitcoin is down about 3% in the last weekBitcoin is up almost 29% in the last monthRemember when Michael Saylor and MicroStrategy made waves in the cryptocurrency space by putting hundreds of millions of dollars in bitcoin? Well, Saylor and team are back at it again.MicroStrategy announced this week that they plan to sell up to $400 million in a convertible senior notes offering that will likely fund even more bitcoin allocations. Read the press release at CoinDesk.Visit BitcoinBinge.com for more on bitcoin, ethereum, and cryptoWith bitcoin hitting new all-time highs in recent days, we\u2019ve seen a resurgence of bullish price predictions. Some big names in crypto are calling for a $100,000 bitcoin by the end of 2021.OKCoin CEO Hong Fang makes the case for $100,000. Others, such as crypto trader and entrepreneur Willy Woo, now think $200,000 or even $300,000 are possible within the next year.Ethereum launched ETH 2.0 this past week. That means that the second largest cryptocurrency is beginning its transition to a proof of stake system, allowing holders to earn ETH via staking.How Does ETH 2.0 Impact BTC?Bitcoin hitting all time highs and ethereum launching ETH 2.0 at more or less the same time is a wild thing to watch. We are also seeing more investors being introduced to crypto through increased retail and institutional adoption. It\u2019s A LOT happening all at once.Ethereum could be starting to decouple from bitcoin.With upgrades coming to ethereum, it\u2019s possible that the second largest cryptocurrency will begin to\u2026<\/p>","protected":false},"excerpt":{"rendered":"

Bigger bets are being placed on bitcoin.Bitcoin has steadied since we saw new all-time highs last week. The world\u2019s largest cryptocurrency continues to hang around the [...]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/posts\/2938"}],"collection":[{"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/comments?post=2938"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/posts\/2938\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/media?parent=2938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/categories?post=2938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/tags?post=2938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}