Category Archives: Bitcoin

Market Wrap: Bitcoin Claws Back to $36.4K While 25% of Ether Options Will Expire in March

Bitcoin is making gains, though much of the day saw the cryptocurrency in a holding pattern. Meanwhile, a quarter of ether options are expiring in March, meaning traders are making some bets on the first fiscal quarter of 2021. Bitcoin (BTC) trading around $36,286 as of 21:00 UTC (4 p.m. ET). Gaining 5.5% over the […]

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‘Shark Tank’ star Mark Cuban compares the Bitcoin boom to the dot-com bubble, warning many cryptocurrencies won’t survive the coming crash | Currency News | Financial and Business News

Steve Jennings/Getty Images Mark Cuban compared the cryptocurrency boom to the dot-com bubble, recommended buyers hedge their bets, and warned them about the dangers of debt in a string of tweets this week. “Watching the cryptos trade, it’s EXACTLY like the internet stock bubble,” the “Shark Tank” star and billionaire owner of the Dallas Mavericks […]

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The Question Of Bitcoin

(Photo by Nicolas Economou/NurPhoto via Getty Images) NurPhoto via Getty Images Since the start of the pandemic, bitcoin has enjoyed a dramatic bull run. With its impressive gains, old talk has resurfaced about how it will become a new global currency and supplant the dollar’s dominance. If one listens to the younger enthusiasts, it will […]

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Dollar extends rebound as investors await U.S. stimulus details, bitcoin bounces

TOKYO (Reuters) – The dollar extended its rebound from near three-year lows versus major peers on Thursday, supported by higher U.S. yields, as President-elect Joe Biden prepared to outline his plans for massive fiscal stimulus. FILE PHOTO: A U.S. Dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration The dollar index […]

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“Bitcoin is Exactly like the Dot Com Bubble�

TipRanks These 2 Penny Stocks Could Surge Over 300%, Say Analysts Risk and reward often travel hand-in-hand, making the stock market both lucrative and dangerous. Among the best exemplars of this axiom are the penny stocks, those equities priced at $5 or less. With that low price comes the potential for extreme gains, as even […]

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Jack Dorsey defends Twitter’s Trump ban, then enthuses about bitcoin

Twitter CEO Jack Dorsey, in a series of Tweets, explained that he felt banning US President Donald Trump’s account was the right move for the social network. “Offline harm as a result of online speech is demonstrably real, and what drives our policy and enforcement above all,â€� he wrote. Dorsey blamed Twitter’s failure “to promote […]

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Meet the Bitcoin investors who got insanely rich off crypto

It’s the revenge of the tech nerds.  “I got my first bitcoin in December 2012, as a gift,â€� said John Ratcliff, a video game developer who lives near Pikes Peak in Colorado. Back then, the novel token was worth a measly 13 bucks. “I sort of dismissed it, then checked back in in 2013 and […]

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Bitcoin rebounds while leaving everyone in dark on true worth

Bitcoin rebounded after Monday’s steep plunge left investors grasping for clues about what lies ahead for the world’s largest cryptocurrency. The digital coin rose 4.9 per cent to US$35,616 as of 11:30 a.m. in London, following yesterday’s 11 per cent slide. The latest bout of roller-coaster volatility recalls past boom and bust cycles including the 2017 bubble, […]

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