Category Archives: Bitcoin

The price of Bitcoin (BTC) surpassed $34,700 to achieve a new all-time high after a strong overnight rally. Ether (ETH), the native cryptocurrency of the Ethereum blockchain, also surpassed $800 for the first time since May 2018. Bitcoin’s sudden rally comes as a surprise because it corrected sharply to around $30,300 on Jan. 2. Within […]

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Investors said limited supply of bitcoin – produced by so-called “mining” computers that validate blocks of transactions by competing to solve mathematical puzzles – has helped power upward moves over recent days. Some also saw it as a safe-haven play during the COVID-19 pandemic, akin to gold. “It’s very likely that the asset will eventually […]

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Bitcoin soared to a new record high above $33,000 on Saturday and has tripled in value in the past year. Investors have been attracted to the cryptocurrency as the US dollar has weakened and with the Federal Reserve expected to leave interest rates near zero for several years, well known names are adding to bitcoin’s […]

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BloombergQuint’s Big Decisions podcast gets you the insights you need to make big money decisions with confidence. Bitcoin’s trading since it was discovered more than a decade ago has been volatile. Along with a host of other cryptocurrencies, the digital token has garnered a growing tribe of proponents and an equal number of detractors. Bitcoin […]

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(CNN Business) — Bitcoin has been flirting with the $30,000 mark for weeks, and finally passed that record-setting level Saturday. The virtual currency is now valued at above $33,000, an all-time high. Bitcoin has tripled in value during 2020, growing steadily even as the stock market plunged in the early days of the pandemic. Investors […]

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Bitcoin has gained more than 300 percent or $21,753 in 2020. January 03, 2021 / 07:09 AM IST Bitcoin price soared over $30,000 mark as the price hit a new all-time high of $30,850.15 during the intraday on January 2, as per CoinDesk’s Bitcoin Price Index valuing it at $568.66 billion. Bitcoin has gained more […]

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NEW YORK, Jan. 2, 2021 /PRNewswire/ — In Bitcoin’s founding document, its elusive author Satoshi Nakamoto writes, “What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.” Like the financial system, […]

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Bitcoin, fresh from one of the wildest years in its short history, has suddenly surged higher again, breaking through the psychological $30,000 per bitcoin level and taking bitcoin’s total value past $600 billion. The bitcoin price is up almost 10% in the first two days of 2021 alone, putting it in poll position to become […]

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Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy: Analyst – CoinDesk  CoinDesk

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“Pay me in bitcoinâ€� has come true for National Football League player Russell Okung. Some 20 months and a 273% price increase after he first tweeted that demand in May 2019, Okung will be the first player from any major U.S. sports league to be paid in bitcoin. The arrangement comes by way of Zap, the […]

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