Buck Bully
[Business Insider, Reuters] Bitcoin has more than doubled in less than a month, leaving analysts and investors stunned and concerned about a possible market bubble. In many ways the token’s rally in recent months is crucially different than the surge seen three years ago, as buyers now range from casual day traders […]
[DeCrypt, Shutterstock] For three months, Ethereum was settling more value than Bitcoin each day. But now Bitcoin is back in the lead. Bitcoin’s (BTC) blockchain has outpaced Ethereum (ETH) in terms of the daily transferred value, reaching $14 billion per day—versus the latter’s $13 billion, Money Movers’ data shows today. More value […]
[CNNC, Getty Images] JPMorgan said bitcoin could rally as high as $146,000 in the long term as it competes with gold as an “alternative” currency. Bitcoin’s volatility would need to drop substantially before it can match gold in terms of market value, the bank’s strategists said in a note Monday. […]
[Coindesk, Getty Images] Panthers’ Russell Okung Becomes First NFL Player to Be Paid in Bitcoin “Pay me in bitcoin” 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 […]
[Forbes, Getty Images] Bitcoin, the world’s biggest and best-known cryptocurrency, uses complex mathematical equations to secure its supply and transactions. Last year, Google sent shock waves through the internet when it announced it had built a quantum computer able to solve formerly impossible mathematical calculations—with some fearing bitcoin could be at […]
[BBC News, Getty Images] Bitcoin, the world’s best-known cryptocurrency, has jumped above $17,000 (£12,800) to hit a three-year high. The digital currency has suffered plenty of wild price swings since it was launched in 2009. But investors have been flocking to cryptocurrencies during the pandemic-driven volatility on global stock markets. […]
[Bloomberg] Largest cryptocurrency is approaching highs set in late 2017 Digital asset mania dominated holiday discussions not long ago Three years ago, Bitcoin’s historic surge dominated Thanksgiving dinner conversations. This year, the cryptocurrency is in the midst of another notable rally and yet almost no one’s talking about it. How fevered has Bitcoin’s […]
[Forbes, Getty Images] Bitcoin has found fresh support this year, bolstered by growing disquiet among investors over central bank and government stimulus measures. The bitcoin price, up around 50% since January to $11,400 per bitcoin, has rallied in line with equity markets since a coronavirus-induced crash in March. Now, after the bitcoin […]
[Forbes] Almost half of nearly $2 billion worth of bitcoin options to expire—something that could bring a fresh wave of volatility. Bitcoin open interest, effectively traders betting on what they expect the price of bitcoin to be, has climbed to $1.9 billion—around triple what it was just a few months ago, […]
[Forbes] The coronavirus pandemic has turned the established status quo on its head with many businesses and industries still reeling. The world’s biggest banks have seen their valuations plummet, with billionaire investor Warren Buffett bailing out of long-held bank stocks this year—and joining many other investors in betting on gold (though the […]