Here’s something for recently emboldened crypto enthusiasts to mull: bitcoin is now at its most expensive level since just before the spectacular crash of the most widely owned digital currency.
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Bitcoin spiked briefly above $5 000 on Tuesday, a level it hasn’t reached since it crashed spectacularly in November. But whatever the explanation, there’s no good reason to turn bullish on crypto.
The rally that sent bitcoin to its highest level since November lasted 60 minutes and may have started with an April Fool’s joke.
Bitcoin climbed suddenly on Tuesday to the highest level since November, leading a surge in virtual currencies and ending nearly three months of calm.
Bitcoin advanced to the highest level of 2019, the latest milestone for cryptocurrencies as they claw back from a year that saw three-quarters of their market value wiped out.
Money has evolved over thousands of years and continues to change. Cryptocurrency will ultimately upgrade the world to a better financial system despite the volatility. By Marius Reitz.
Bitcoin broke above $4 000 for the first time since early January, a milestone seen as significant by at least one well-known crypto bull after weeks of sideways trading.
Facebook is reportedly preparing to launch its own version of bitcoin, for use in its messaging applications, WhatsApp, Messenger and Instagram. There are good reasons to be sceptical about its potential.
In this episode of the TechCentral podcast, we speak to Philip Haslam, one of the people behind ZimboCash, a company that is building an alternative national currency for the troubled Zimbabwean economy.
Investec has demonstrated a digital identity system anchored in the ethereum blockchain that its believes could enhance trust and security in South Africa’s financial system.