Coinbase Global’s filing to become a publicly traded company provides a glimpse into the remarkably small circle of mostly men who command the incredibly lucrative digital landscape.
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Bitcoin tumbled 17% on Tuesday, sparking a sell-off across cryptocurrency markets as investors grow nervous at sky-high valuations and leveraged players take profit.
Bitcoin fell sharply on Monday after surging to its latest record high a day earlier as a selloff in global equities curbed risk appetite.
Bitcoin touched a market capitalisation of US$1-trillion as it hit yet another record high on Friday, countering analyst warnings that it is an “economic side show”.
Bitcoin is closing in on a market value of $1-trillion, a surge that’s helping cryptocurrency returns far outstrip the performance of more traditional assets like stocks and gold.
Bitcoin jumped again on Wednesday to set another all-time high after breaching $50 000 for the first time a day earlier.
Bitcoin blew through another milestone, surging past $50 000 for the first time as the blistering rally in the largest cryptocurrency continues to captivate investors worldwide.
Mirror Trading International was the world’s biggest crypto scam of 2020, having roped in R8.6-billion worth of bitcoin across 470 000 transactions, according to a report by Chainalysis.
Bitcoin hit a new record high $60 shy of $50 000 on Tuesday, extending a sharp rally that has been mostly fuelled by big investors beginning to take digital assets seriously.
Bitcoin pulled back from a record high on Monday and other cryptocurrencies slipped, as investors took profits from a record-breaking rally that had pushed bitcoin close to $50 000.