With its huge price increases, Bitcoin presents an intriguing investment opportunity. It has already been an exciting year for Bitcoin enthusiasts, and we haven’t even reached June yet. Bitcoin traded at an all-time high of nearly $65,000 in April. The growth of cryptocurrency exchanges and apps has made it easier than ever to buy Bitcoin and many other cryptocurrencies. And merchants are gradually starting to accept it as a payment method. Given all the recent good news about Bitcoin, you may… Source link

Billionaires, celebrities and athletes can’t get enough of the crypto craze.  Tesla CEO Elon Musk thinks digital currencies are here to stay. So does investor and Dallas Mavericks owner Mark Cuban. They’re not alone. Rapper Snoop Dogg jumped on the Dogecoin bandwagon along with Kiss singer Gene Simmons and restaurateur Guy Fieri after the meme-inspired cryptocurrency surged a whopping 11,000% this year. Athletes are also flocking to bigger cryptos like bitcoin and ether following a… Source link

On May 7, the privacy-centric crypto asset monero captured an all-time high at $515 per unit, as demand for confidential transactions has increased in recent times. Monero has gained more than 190% during the last three months, while a number of other privacy coins like zcash, verge, horizen, and grin have seen significant gains as well. Monero XMR Taps a New ATH Before Most Privacy Coins While cryptocurrencies have been growing wildly in value, the climate… Source link

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If you think the stock market’s rise has been impressive, wait until you see how Bitcoin has performed. Bitcoin’s rise has certainly been a remarkable one. In only 12 years, this cryptocurrency has gone from having no monetary value to surging above $60,000 for a brief period. And for investors who got in during the early days and have held on, the returns have been absolutely remarkable. While we obviously can’t go back in time, it can be fun to look at the amount of money made by those with… Source link

Ethereum’s capabilities could eventually overshadow Bitcoin. Two words sum up Mark Cuban’s love for Ethereum: Smart contracts. Smart contracts, also known as self-executing contracts, are behind two of the biggest investment trends that have taken off this year: Non-fungible tokens (NFTs) Decentralized finance (DeFi) applications And Cuban thinks they are only the start. Thanks to smart contracts, Cuban believes Ethereum, the world’s second-biggest cryptocurrency, can overshadow Bitcoin. That’s… Source link

Major changes are coming to the Ethereum network. Alessandro Bianchi/Reuters Ether has soared to record highs, in part because of growing interest in the Ethereum network. But major changes are coming to the blockchain, which some investors say could send ether higher. Developers are overhauling how fees work and plan to make it much more environmentally friendly. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Ether – the world’s second-biggest… Source link

Back in January, when the world’s second-largest cryptocurrency by market cap, ethereum, was trading at just over $1,200, one investor made the bold call of predicting a spike to the mid-$3,000 level, claiming it was being “overlooked” by investors. Just under five months later, that prediction has already hit with ethereum (ETH-USD) up roughly 400% on the year to cross the $3,500 mark as of Friday afternoon. Now, that same investor, Megan Kaspar, co-founder of the digital asset investment… Source link

Bad news became good news on Friday for risk assets from stocks to bitcoin. The U.S. economy added 266,000 jobs in April, missing estimates of a 1 million gain. The weak jobs report reinforced expectations of continued easy money policy at the Federal Reserve, which sent bitcoin (BTC) higher by about 2% over the past 24 hours. The S&P 500 and Nasdaq also ended the day in the green while safe havens such as Treasury bonds sold off.  The April jobs miss suggests a fragile economic recovery,… Source link

Ethereum classic (ETC), the not-really-like-ether (ETH) sibling of the Ethereum blockchain’s native cryptocurrency, is on track for the best weekly performance in its four-year history, with prices nearly tripling since Sunday.  ETC/USD trading pair on Kraken.Source: Kraken, TradingView Analysts in the digital-asset market say the price move likely reflects a speculative fever among retail traders rather than deeply informed bets on the Ethereum Classic blockchain’s future technological… Source link