Buck Bully
[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. […]
[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 […]
[Bloomberg, Getty Images] Treasury, SEC views seen looming large on 2021 crypto outlook Deutsche Bank survey found a majority of investors are bullish It’s been a tough year by all accounts. But for Bitcoin, 2020 has been a marvelous time. The cryptocurrency almost quadrupled, surpassing $20,000 for the first time […]
[CNBC, GETTY IMAGES] Ether passed the $600 level, a point it hasn’t reached since June 2018, and is up 350% year-to-date. Crypto investors said altcoins were tracking the momentum that has seen bitcoin surge recently. Bitcoin last week crossed the $18,000 threshold and is close to an all-time high. Bitcoin isn’t […]
[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 has surged almost 30% in October JPM Coin said to be used soon for the first time by a customer Bitcoin is approaching levels not seen since just after the burst of the cryptocurrency market bubble almost three years ago. The biggest digital token by market value […]
[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 […]
[Fox Business] Rapper isn’t the first celebrity to face SEC action over cryptocurrencies Barstool Sports founder and president Dave Portnoy discusses dipping his toe into cryptocurrency like bitcoin. Rapper T.I. has been charged by the Securities and Exchange Commission with promoting a fraudulent cryptocurrency offering. The regulator said in its complaint that T.I. — whose […]