Promoted | It’s no secret that cryptocurrencies are difficult to understand. Yet demand for cryptos is increasing at an accelerated rate after Tesla recently bought $1.5-billion worth of bitcoin.
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The Biden administration will soon have to settle a bitcoin fight it didn’t even start, and its decision could have far-reaching implications for the cryptocurrency industry.
Bitcoin is at a “tipping point” and could in the future become the preferred currency for international trade or face a “speculative implosion”, Citi analysts said.
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.
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.