US banking giant JPMorgan Chase & Co is broadening its perspective on blockchain technology to show how digital money will change the financial world.
Bitcoin volatility is back to levels not seen since early November, with the bulls and bears sparring at the $10 000 price level.
The largest cryptocurrency’s recent upward momentum carried it past that psychologically significant level on Sunday for the first time since October.
Bitcoin’s infrastructure is more centralised than ever before, raising alarms about the security and viability of what is championed as a decentralised network.
Bitcoin’s claim for being digital gold appears to have another piece of evidence in its corner. In a day where global stocks plunged on concerns over the deadly coronavirus, the cryptocurrency gained as much as 5.8%.
Bitcoin climbed to its highest since November as the debut trade of options linked to the digital currency boosted sentiment.