[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 […]
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[Bloomberg] Plug Power shares climbed 50% after SK Group deal this week Deal reflects growing interest in hydrogen as alternative fuel Plug Power Inc., a fuel-cell company that’s struggled to turn a profit, has surged in value to nearly $25 billion after striking a deal this week with a South […]
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[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 […]
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[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. […]
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[CNN, Getty Images] 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 (BTC) has tripled in value during 2020, growing steadily even as the stock market plunged in the early days of the […]
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[Decrypt] The world’s weirdest altcoin is booming. The cryptocurrency market has boomed into 2021 stronger than ever: the price of Bitcoin is setting record after record, interest in Ethereum is through the roof and the DeFi industry continues to grow. And altcoins also show no sign of slowing down—namely the OG “meme coin,” Dogecoin (DOGE). The […]
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[The Canadian Press, Post Media] Some bank notes made between 1935 and 1986 will lose the government’s legal tender status Spend ‘em while they’re still worth something. Canadians still holding on to old paper money have until midnight tonight to spend it, as stores will stop accepting certain denominations after […]
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[CNBC, REUTERS] The Trump administration will begin sending stimulus payments of up to $600 to millions of Americans as early as Tuesday evening. Treasury Secretary Steven Mnuchin said the government would begin the process of mailing out paper checks on Wednesday for individuals without government-registered bank accounts. The deposits start […]
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[Yahoo! Finance] While the coronavirus pandemic of 2020 has hit poor Americans the hardest, minimum wage earners in 20 U.S. states will get raises at the start of the new year. Four more states, plus Washington, DC, will raise their minimum wages later in 2021. Florida’s workers will get one of […]
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[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 […]
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