As 2020 draws to a close, one of the prior proponents for an exchange traded fund (ETF) based on Bitcoin is trying again: VanEck has submitted an application to the U.S. Securities and Exchange Commission (SEC) for the “VanEck Bitcoin Trust.â€� An ETF is seen as advantageous because it trades on the stock market much […]
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Bitcoin hit a new all-time high on Wednesday, with the cryptocurrency creeping ever closer to the $30,000 mark. The value of one bitcoin hit a record $28,599.99 Wednesday morning, exactly two weeks after breaking through the $20,000 barrier for the first time ever. The value of the digital token has increased just under 300 percent […]
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Russell Okung #76 of the Carolina Panthers Grant Halverson | Getty Images It’s often referred to as a new form of gold, and now Carolina Panthers offensive linemen Russell Okung is making a massive bet on bitcoin. After a nearly two-year battle, Okung finally had his wish granted and will have his salary diverted to […]
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What happened Around 2 a.m. EST on Dec. 30, famous cryptocurrency bitcoin reached an all-time high of $28,579.59, according to CoinDesk. It’s since pulled back a little, but is still up roughly 7% over the past 24 hours (remember, cryptocurrencies trade around the clock whereas stocks only trade when the market is open). Fresh highs […]
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Share Tweet Share Share Share Email At a time when 90 percent of Americans have never owned bitcoin and nearly 70 percent say they have no plans to do so in the future, the thought of widespread adoption and usage of cryptocurrency seems to be a distant prospect for most people. Ternio CEO Daniel Gouldman, […]
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Bitcoin is currently on its longest winning run since 2019. Bryan Routledge, Associate Professor of Finance at the Tepper School of Business, Carnegie Mellon University, joins Yahoo Finance Live to break down how Bitcoin rallied to record levels this year and the outlook for crypto in 2021. Video Transcript – Bitcoin at a record once […]
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December is already the second-biggest month ever for bitcoin on-chain volumes The Block Crypto
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Article content continued Fred Pye, chief executive of 3iQ , which in April launched a Toronto-listed Bitcoin fund that has grown to roughly $400 million in market capitalization, thinks Bitcoin has an edge because it can more easily be used to conduct transactions. “Gold’s use case is largely a store of wealth, and then it’s […]
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Bitcoin Sets New All-Time High Above $28.5K; Bulls Back in the Driver’s Seat – CoinDesk CoinDesk
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An illustration of bitcoin on Euro banknotes. Nicolas Economou | NurPhoto via Getty Images Bitcoin on Wednesday jumped to a record $28,599.99, after the digital currency almost quadrupled in value this year amid heightened interest from bigger investors. The world’s most popular cryptocurrency was last up 2.3% at $28,012. It has surged by nearly half […]
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