Category Archives: Bitcoin

The top banking regulator in the U.S. has announced that national banks and savings associations in the country can use public blockchains and stablecoins for payment activities. Experts say this is good for bitcoin and its importance should not be understated. Banks Can Use Public Blockchains and Stablecoins The Office of the Comptroller of the […]

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Other topical investments have been bullish. Last August, after reading the 50th gushing article about plug-in cars, I wondered whether I should buy a share in Tesla; on checking the price of Elon Musk’s stocks ($736 apiece today), I readjusted my ambitions, tried to think laterally. What about the components that those vehicles will rely […]

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Three years ago I wrote “Happy 10th Birthday, Bitcoin. Now Go Away Before You Fry Us All,” saying “let’s hope it doesn’t make it to its bar mitzvah.” Well here we are, Bitcoin is 13 years old, that happy bar mitzvah age. And my how it’s grown, as has the energy consumption that the cryptocurrency […]

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Bitcoin price falls as record-breaking rally loses steam Search quotes, news & videos Source link

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Bitcoin is trading higher on Tuesday, and the bull market is looking less overheated than it did a day ago. At press time, the top cryptocurrency by market value is changing hands near $31,590, representing a 5% gain on a 24-hour basis. Bitcoin had dipped by 15% to near $28,000 during Monday’s European trading hours. […]

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Bitcoin Trader Robbed and Pushed Out of Car in Hong Kong – CoinDesk  CoinDesk

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The “kimchi premiumâ€� has returned. Price premiums for bitcoin on South Korean exchanges have hit two-year highs, indicating retail investment interest in cryptocurrencies is surging in that country. However, analysts and traders warn that certain market players could take advantage of arbitrage opportunities, resulting in short-term price volatility. The “kimchi premium,â€�  named for a popular […]

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“Just because of how volatile it’s been — it goes up a bunch, goes down a bunch,â€� he said. “Bitcoin and gold actually are not investments. They’re basically an alternative to cash and cash, usually, is not a great investment. We also view it as kind of an insurance policy against certain events. So, market […]

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Bitcoin (BTC) was lower, after the quick reversal of a brief rally late Monday reportedly spurred by the U.S. Office of the Comptroller of the Currency’s decision to let banks participate in blockchain networks and use stablecoins as payments.  “Bitcoin has started 2021 with a stark reminder that volatility is the norm,â€� Matt Blom, head of sales and trading […]

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Bitcoin has had a strong run, but what’s its value? (Photo by Jaap Arriens/NurPhoto via Getty … [+] Images) NurPhoto via Getty Images Bitcoin has seen a great run both in recent months and over broader history. Yes, it roughly tripled in 2020, but let’s not forget it’s also up around 30-times over the past […]

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