Bitcoin

“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: Hiroshi Watanabe/DigitalVision/Getty Images, modified by CoinDesk. Source link

A “stretch” for the investor to purchase in 2011, the 1,000 BTC “Gold Cas” has increased in value a staggering 9,786 times since then and is now the world’s most valuable numismatic item IRVINE, Calif., Oct. 4, 2021 /PRNewswire/ — Not seen for a decade and kept forgotten for several years in a desk drawer, a one-ounce gold coin with a denomination of 1,000 Bitcoins (BTC) purchased in December 2011 for $4,905 is now worth $48 million at the BTC value as of Monday morning, October 4, 2021.

Bitcoin (BTC) starts a new week fresh from its first attempt to crack $50,000 in over a month — what’s in store next? After an encouraging weekend, BTC/USD faces an increasingly bullish macroclimate and a host of expectations from analysts who demand that October changes the game. Q4, they say, should be unlike anything yet seen in the current Bitcoin bull run, and the latest estimates even argue that there is more than six months left to prove it. With “Uptober” set for its first full… Source link

You see this demand reflected in the market capitalizations of these L1 networks’ native currencies and the total value locked (TVL), or money invested, in their decentralized finance (DeFi) protocols. Cardano’s ADA, Binance Smart Chain’s BNB, Solana’s SOL, Avalanche’s AVAX and Terra’s LUNA are now in the top 12 coins by market cap. Source link

Check out what’s clicking on FoxBusiness.com. Bitcoin was trading 6.37% higher on Saturday morning. The price was almost $47,800 per coin, while rivals Ethereum and Dogecoin were trading at nearly $3,300 (+5.6%) and 21.7 cents (+5.05%) per coin, respectively, according to Coindesk. Just 24 hours earlier, Bitcoin was above $45,000. The recent surge in cryptocurrency in the U.S. is being attributed to a positive two-hour meeting Thursday between U.S. Federal Reserve Chairman Jerome… Source link

Bitcoin and other cryptocurrencies jumped suddenly Friday, a day after Federal Reserve Chairman Jerome Powell said the U.S. didn’t have plans to ban cryptocurrencies. Bitcoin rose 9.4% from its 5 p.m. ET value on Thursday to $47,528.91, its highest level in almost two weeks. Ether, the second-largest cryptocurrency by market value, gained 8.7% to $3,230.46 over the same period. There was no obvious catalyst for… Source link

S&P 500 E-mini futures, meantime, are nursing a loss, indicating a lower opening for the benchmark stock index. The dollar index, which tracks the value of the greenback against major fiat currencies, is trading just short of the 12-month high of 94.50 reached Thursday. Source link

Check out what’s clicking on FoxBusiness.com. Bitcoin was trading 4.05% higher on Friday morning. The price was just above $45,000 per coin, while rivals Ethereum and Dogecoin were trading around $3,119 (+4.59%) and 20.6 cents (+2.61%) per coin, respectively, according to Coindesk. ELON MUSK SAYS CRYPTOCURRENCY REGULATORS SHOULD ‘DO NOTHING’ AND ‘LET IT FLY’ During a two-hour meeting Thursday with members of the House Financial Services Committee, U.S. Federal Reserve Chairman Jerome… Source link

An advertisement for bitcoin and cryptocurrencies. Photo: Reuters Cryptocurrencies were broadly higher on Friday morning, ending a volatile week on a high note, as Venezuela’s government-backed digital currency kicks into gear and the US Federal Reserve chair said he has no intentions of banning crypto. Bitcoin (BTC-USD) was up roughly 3% to trade at $44,537 (£33,108) while Ethereum (ETH-USD) the world’s second largest crypto by market cap was up 2.3% to trade at $3,074. Venezuela had… Source link

Following a huge surge in cryptocurrency prices this year, crypto is going through a consolidation period, Galaxy Digital Holdings Ltd (Pink: BRPHF) CEO Mike Novogratz said Wednesday on CNBC’s “Squawk Box.” Levels To Watch: $40,000 is an important level for Bitcoin (CRYPTO: BTC) to hold, Novogratz said, adding that if it falls below $40,000, $38,000 will be the next level to watch. For Ethereum (CRYPTO: ETH), the $2,800 level “seems to be an important level to hold.” Novogratz noted the two… Source link