Palantir to Begin Accepting Bitcoin Payments

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


Palantir, a software and analytics firm, has joined the growing list of companies accepting Bitcoin (BTC) payments. The company made the announcement earlier today, adding that it was also considering holding Bitcoin or other cryptocurrencies on its balance sheet.

As far back as 2018, Peter Thiel, the co-founder of Palantir, has been making crypto-related investments, making a bid on the come-up of Bitcoin and blockchain technology.

Earlier today, Block.one (a Thiel-backed software company) announced the launch of a new cryptocurrency exchange named ‘Bullish.’ The new project has a whopping $10 billion in funding, with Thiel Capital being one of the leaders in this funding round.

What began with a wave of small businesses and organizations accepting Bitcoin and cryptocurrency payments has become a massive trend in 2021, as hordes of institutional players buy into it.

With more companies accepting Bitcoin payments and investors moving portions of their wealth into cryptocurrencies, there is a real financial risk just on the horizon for companies that fail to adopt the new payment system. Many speculators believe that a time is coming when it would be too expensive to not accept Bitcoin payments.

Key BTC Levels to Watch — May 11
After suffering a 10% drop to the $53,400 support from yesterday’s high of $59,585, Bitcoin appears to be in recovery mode above $56k. The primary cryptocurrency faces the immediate task of clearing the crucial $56,700 resistance to cement a bullish recovery path to the $58k level.

BTCUSD – Hourly Chart

That said, BTC stands a risk of falling to the $55k level, once again, if it stalls too long below the $56,700 – $57,000 resistance area.

Meanwhile, our resistance levels are at $56,700, $57,500, and $58,000, and our key support levels are at $55,000, $54,000, and $53,400.

Total Market Capitalization: $2.47 trillion

Bitcoin Market Capitalization: $1.07 trillion

Bitcoin Dominance: 42.7%

Market Rank: #1

 

You can purchase crypto coins here: Buy Coins

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *