Bitcoin

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Coinbase on Wednesday became the first major cryptocurrency company to be publicly traded on the Nasdaq. SOPA Images/SOPA Images/LightRocket via Gett hide caption toggle caption SOPA Images/SOPA Images/LightRocket via Gett … Source link

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As bitcoin hovers around all-time highs and regulators give the green light, it may finally be time … [+] for banks and fintechs to dive into cryptocurrency. getty Bitcoin has had quite a pandemic. Its value has increased 10x to nearly $60,000 per bitcoin since March 2020, and predictably, as the best-known cryptocurrency soars to new heights, institutions start to weigh in and wonder if it isn’t such a bad thing after all. It’s all happened before. As bitcoin oscillated… Source link

Bitcoin is currently trading at record highs of $64,500 as cryptocurrency fever spreads amid the listing of Coinbase on Nasdaq. Many believe the listing of Coinbase, which is one of the longest-running Bitcoin exchanges, will finally legitimise the industry among institutional investors. Early estimates predict that Coinbase will be faced with a valuation more than $100 billion, making it more valuable than the Intercontinental Exchange that owns the New York Stock Exchange. The price of… Source link

Follow us @crypto for our full coverage. As Bitcoin hits records and Coinbase Global Inc. goes public, ETF issuers are betting en masse that U.S. regulators will green-light a fund tracking the largest cryptocurrency at long last. No fewer than eight applications for a Bitcoin ETF have now been filed with the Securities and Exchange Commission since late December, after billionaire Michael Novogratz’s Galaxy Digital Holdings Ltd. joined the list on… Source link

Chairman & CEO of MicroStrategy Michael Saylor speaking at a Blockchain 50 Symposium panel Forbes Building on its relatively new service letting PayPal’s 375 million customers buy, hold and sell cryptocurrency directly from their accounts, Dan Schulman, PayPal CEO, said on Tuesday that the company’s recently launched “Checkout With Crypto” service, which encourages purchases with bitcoin, ether, and other cryptocurrencies, will easily reach $200 million transaction volume… Source link

  Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, April 14, 2021 The oldest crypto critique just won’t go away.  Over the last decade, every critique in the book has been thrown at the cryptocurrency space.  But none is more pervasive than dismissing the excitement around these assets by simply saying — “It’s a bubble.” And yet, this is exactly what Bank of America’s latest global fund managers’ survey found most of the… Source link

Technical analysts have singled out key levels of support and resistance after bitcoin hit its … [+] latest record high. Concept. 3D render Getty Bitcoin prices attained a fresh record today, breaking through $63,000 this morning and then managing to retain most of their latest gains. The world’s largest digital currency by market value climbed to $63,707.34 early this afternoon, CoinDesk figures show. After rising to these latest highs, where will the cryptocurrency go… Source link

Bitcoin has suddenly shot higher, climbing to a fresh all-time high of over $63,000 per bitcoin as the cryptocurrency community gears up for one of its biggest ever events. The bitcoin price, now up more than double where it started the year, has soared as long-awaited institutional investors finally warm to bitcoin and the likes of Tesla TSLA chief executive Elon Musk give bitcoin their surprise backing. Now, as the crypto community wars over the future of decentralization, a… Source link