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12 May 2021

Facebook Didn't Buy Bitcoin, But Crypto Whales Did | Crypto Briefing

Facebook Didn't Buy Bitcoin, But Crypto Whales Did | Crypto Briefing


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Facebook Didn't Buy Bitcoin, But Crypto Whales Did.

The crypto community may be disappointed at the news that Facebook does not own Bitcoin, but whales have gone into a buying spree, purchasing over 60,000 BTC in the past two weeks.

Emotions ran high in the crypto market ahead of Facebook’s Q1 2021 earnings report, asrumors circulatedclaiming that the social media giant had added Bitcoin to its balance sheet. .

Even though Facebook has not shown any interest in Bitcoin yet, other high net worth individuals have gone on a buying spree.According to the behavior analytics platform Santiment, whales holding 10,000 BTC or more have added over 60,000 coins to their portfolios since the peak of nearly $65,000 on Apr.

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Why Fiat Experts Don’t Get Bitcoin
published: 43 minutes ago
There are various reasons traditional experts do not understand bitcoin and thus have negative views on it.

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