Bitcoin has had a big week with its price notching fresh all-time highs and major U.S. cryptocurrency company Coinbase landing on the Nasdaq NDAQ . The bitcoin price came within touching distance of $65,000 per bitcoin this week as Coinbase IPO mania sparked a surge of interest in cryptocurrencies. Ethereum, the second-largest cryptocurrency after bitcoin, has also soared, with the ethereum price climbing over $2,500 per ether token for the first time. As huge bitcoin and ethereum… Source link

Demand for cryptocurrencies in the country has been driven up recently by inflation pressures and a weaker Turkish Lira. The country’s annual inflation rose above 16% in March. Photo: Chesnot/Getty Images The price of bitcoin (BTC-USD) descended from record highs on Friday following a decision by Turkey’s central bank to ban cryptocurrencies for payments.  The Central Bank of the Republic of Turkey (CBRT) said the use of cryptocurrencies and other crypto assets based on distributed ledger… Source link

Ethereum (CCC:ETH-USD), and other cryptocurrencies have been super hot lately, in part thanks to Coinbase Global (NASDAQ:COIN) going public. Ether, the cryptocurrency of the Ethereum network, has hit record highs in the past few days, and it currently shy of $2,500. Today I’ll look at ETH to see if further gains are possible in the months ahead. Source: Shutterstock ETH Follows Bitcoin While Bitcoin (CCC:BTC-USD) remains the largest cryptocurrency, the second-largest… Source link

Bitcoins may be selling like hot cakes, but global investors are wary of a bubble brewing there. The latest global fund managers’ survey by BofA Securities showed that 74% of fund managers think bitcoin is just a bubble. The increased adoption of cryptocurrencies by institutional investors has translated into a massive rally in this asset class. In the past one year, the price of bitcoin has risen by many folds from around $10,000… Source link

In this episode of the BeInCrypto video news show, host Jessica Walker will address litecoin (LTC). Although it has nearly doubled in value this year, it has been losing ground to other altcoins. Will litecoin ever be cool again? Watch BIC’s Latest Crypto Video News Show Here: Although not as explosive as some other altcoins, the token has enjoyed a slow and steady upwards trend. It started the year off at around $130 and has managed to almost double, reaching a local… Source link

In this episode of the BeInCrypto video news show, host Jessica Walker will address litecoin (LTC). Although it has nearly doubled in value this year, it has been losing ground to other altcoins. Will litecoin ever be cool again? Watch BIC’s Latest Crypto Video News Show Here: Although not as explosive as some other altcoins, the token has enjoyed a slow and steady upwards trend. It started the year off at around $130 and has managed to almost double, reaching a local high of $260, at press… Source link

Bitcoin sits still near $62,500 and well within Wednesday’s price range amid concerns of a broader market pullback in the wake of Coinbase listing on Nasdaq. “I’ve seen a lot of weird coins like dogecoin and even XRP have huge retail spikes, which means there’s a lot of frenzy right now,” bitcoin bull and CEO of Galaxy Digital Mike Novogratz told MarketWatch. “That never ends well, and so we’ll probably have a washout at one point.” The U.S.-based cryptocurrency exchange… Source link

Getty Images getty The most popular way to describe bitcoin is “digital gold.” Bitcoin may serve other purposes for other users, but it’s this simple, compelling catchphrase that’s been the most widely accepted use-case offered up by crypto advocates who are out spreading the word. Everyone knows gold. Now, everyone knows bitcoin. But there’s a problem: it has no basis in reality, at least so far. We can see this by looking at how bitcoin’s relationship with real… Source link

<!– (function(w, l){ w[l]=w[l]||[]; w[l].push({ ‘gtm.start’: new Date().getTime(), … Source link

<!– (function(w, l){ w[l]=w[l]||[]; w[l].push({ ‘gtm.start’: new Date().getTime(), … Source link