The cryptocurrency market rally saw Binance record a daily high trading volume of $80 billion across its spot and derivatives platforms The crypto market has been on a rally in the past few months, and crypto exchanges have benefitted from the situation. Binance, the world’s largest digital asset platform by trade volume, is breaking records, […]
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The Singapore hedge fund recently bought Bitcoin through the Trust offered by Grayscale Through the last quarter of 2020, several companies showed keen interest in purchasing Bitcoin to add to their portfolios. Some of them went ahead to invest in the digital asset as it proved to be a viable hedge against inflation and a […]
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Bitcoin’s nine-month market surge may be just the start of a far greater price rally, according to investment banking giant JPMorgan Chase & Co. The cryptocurrency is currently trading at around $31,000, having hit a new all-time high on Sunday of $34,000. This is up by more than 500 per cent since March, when it […]
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The Superintendency of Corporations in Colombia has explained in an official note that companies in the country are legally allowed to buy cryptocurrencies, specifically bitcoin (BTC), to inject capital as long as they abide by local regulations. Colombian Watchdog: Local Firms Can Use Capital to Buy Bitcoin if Companies Demonstrate Tokens Are ‘Intangible Assets’ According […]
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“Over the last month, it’s up 67%,” says Farzan Ehsani. “Over the last year, it’s up 293%. These are dizzying numbers!” RELATED: Should you buy Bitcoin right now? A handy 3-point checklist… In November, Bitcoin was trading at just over $15 000. On Sunday, on the cryptocurrency’s 12th “birthdayâ€� – it hit $34 8000 – […]
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Bitcoin may have the potential for substantial further gains over the long term as it competes with gold for investment flows, according to JPMorgan Chase & Co. Bitcoin’s market capitalization of around $575 billion would have to rise by 4.6 times — for a theoretical Bitcoin price of $146,000 — to match the total private […]
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CryptoCompare data shows the price of Bitcoin (BTC) moved up from around $26,800 at the start of the week to hit a new all-time high above $34,600 hit on the day the flagship cryptocurrency celebrated its 12th birthday. Ether (ETH), the second-largest cryptocurrency by market capitalization, moved from $730 to over $1.100 in a significant […]
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TipRanks 3 “Strong Buyâ€� Stocks Set for Monster Growth in 2021 We’ve turned a new page on the calendar, Old Man ’20 is out the door, and there’s a feeling ‘21 is gonna be a good year – and so far, so good. The markets closed out 2020 with modest session gains to cap off […]
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Hong Kong robbers steal HK$3 million from bitcoin trader they ditch on hillside South China Morning Post
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Anthony Scaramucci, whose 2017 tenure as Donald Trump’s communications director lasted just 11 days, is the latest hedge fund manager to buy into bitcoin. The bitcoin price broke through into uncharted territory last month, soaring past its 2017 high and ending 2020 up by over 300%. Now, Scaramucci’s Skybridge Capital, a New York-based fund of […]
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