Bitcoin held near a record high on Monday a day after breaching $34,000 for the first time, while ether, another digital currency, also surged as the crypto rally continues. Ether climbed as much as 22% to about $1,163 after a 30% advance on Sunday. Bitcoin held on to most of Read more…
Bloomberg Intelligence researcher Mike McGlone has opined that Bitcoin is maturing as a store of value after a plunge in the asset’s level volatility. After fully recovering from its 48 percent collapse on March 12, McGlone expects Bitcoin to continue its uptrend together with gold. In this tumultuous year, Bitcoin is gaining Read more…
The price of Bitcoin has now broken through the $6,000 barrier as its price continues to recover from the crash earlier this month. The price of Bitcoin (BTC) has suddenly broken upwards through the $6,000 barrier—and is now at $6,300. The surge came at exactly 12.00 UTC. Within 40 minutes, Read more…
Andrew Yang, who is currently running for the 2020 US Presidency, sat for an interview with Bloomberg, and he shared his stance on the matter of cryptocurrency regulations. According to him, the country needs to provide more clarity. However, he ultimately thinks that legislation can’t stop people to buy Bitcoin. Read more…
The latest industry report coming from The Information states that Facebook is reportedly tweaking its Libra Project that aimed at getting its native cryptocurrency Libra in the global financial system. People familiar with the matter told that Facebook is no longer willing to launch its Libra token in the market. Instead the Libra platform Read more…