Facebook’s libra cryptocurrency is readying to launch as early as January, the Financial Times reported on Friday, citing three unidentified people involved in the project.
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Bitcoin and other digital coins steadied on Friday after posting some of the biggest declines since the onset of the pandemic, a selloff that stoked fresh questions about this year’s boom in cryptocurrencies.
Bitcoin plunged on Thursday, slamming the brakes on a blistering rally and sparking a sell-off among smaller digital coins. Bitcoin slumped as much as 13% to its lowest since 16 November.
Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100 000 in a year.
Digital currencies ethereum and XRP soared on Monday, gaining momentum as bitcoin powered on towards its all-time high.
Bitcoin mania is back and with it the return of sky-high predictions from celebrity crypto fund managers to Wall Street stalwarts of where it can go next.
It’s been a long time coming, but it looks like the sheriff has finally arrived to the Wild West that is the crypto market in South Africa.
The run-up in bitcoin has revived the jargon used by investors. If you’re not sure what a debate between “hodlers” and “weak hands” means, or have forgotten, here’s a guide or refresher.
Bitcoin has topped $18 000 for the first time since just after the burst of the cryptocurrency bubble almost three years ago with many market watchers now expecting it to reach a record high soon.
Bitcoin has broken the $17 000 level for the first time since just after the burst of the cryptocurrency bubble almost three years ago.