Bitcoin

The price of Bitcoin (BTC) surpassed $25,000 on Dec. 25, reaching a new all-time high of $25,020 on Bitstamp and surpassing the market cap of Visa in a historic milestone. Visa, the financial services giant, is valued at $460.06 billion according to Yahoo Finance. As of Dec. 26, Bitcoin is comfortably hovering above $462 billion. Top 13 companies’ market capitalization. Source: Companiesmarketcap.com But isn’t Visa and Bitcoin not an apt comparison? Bitcoin is essentially a peer-to-peer… Source link

Bloomberg Alibaba U.S.-Listed Shares Tumble Most Ever on China Monopoly Probe (Bloomberg) — Alibaba Group Holding’s U.S.-listed shares tumbled the most ever on concern over China’s inquiry into alleged monopolistic practices at the e-commerce company.Affiliate Ant Group Co., the other pillar of billionaire Jack Ma’s internet empire, was also summoned to a high-level meeting over financial regulations. The pressure on Ma is central to China’s broader effort to rein in an increasingly… Source link

2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and thought-provoking articles. Click here to read all of the stories from our End Of Year 2020 Series. In a year overflowing with chaos throughout… Source link

The cryptocurrency economy has been higher in value than ever before as bitcoin has touched an all-time price high at $24,298 per unit. Regardless of the all-time price highs, the world’s bitcoin miners are not spending more bitcoin than usual according to onchain statistics. Bitcoin miner outflow has been higher during the bull run but also lower than the 2019 top. Speculators assume that when the price of bitcoin ( Source link

“Shark Tank”/ABC Kevin O’Leary told CNBC on Thursday bitcoin is irrelevant to financial markets and at risk of regulation.  His comments come as an increasing number of institutions like Guggenheim and SkyBridge capital invest millions into the cryptocurrency, driving a rally of over 200% in 2020.  “I’m waiting for the day that one of these regulators comes down hard on bitcoin. Grown men are going to weep when that happens. You’ll never see a loss of capital like that ever… Source link

The bitcoin and cryptocurrency community, fiercely protective of its privacy, has been rocked by a massive data breach that’s seen the personal information of over 270,000 bitcoin and cryptocurrency users published online. The data, stolen from popular France-based bitcoin and cryptocurrency hardware wallet Ledger in a July hack, was last week published on RaidForums, a marketplace for buying, selling, and sharing hacked information. Many bitcoin and cryptocurrency investors have since… Source link

What happened Bitcoin is the most popular cryptocurrency in the world and bitcoin mining operations keep the tokens flowing. Some miners have chosen to list their companies on the stock market, allowing investors a chance to own a piece of these companies. And December 2020 is a month bitcoin mining investors… Source link

Almost everyone will be happy to see the curtain close on 2020 and hopefully enjoy a much better year in 2021. For investors, that means searching for new growth opportunities. Though technology will likely remain attractive going forward, it’s probably best to look beyond some of the usual suspects, like the FAANGs and Tesla TSLA, which already have steep valuations. Here are three tech trends to watch in the year ahead.   BATTERIES Now that Tesla has succeeded in advancing… Source link

Bitcoin in Uncharted Territory. (Photo Illustration by Nik Oiko/SOPA Images/LightRocket via Getty … [+] Images) SOPA Images/LightRocket via Getty Images The bitcoin rally has seen the cryptocurrency climb to uncharted highs and this hasn’t just been reflected in the markets. Away from the exchanges and OTC desks setting the price of BTC, private and institutional investor interest is growing at pace. Evidence of this can be seen in the growth of crypto… Source link

Bitcoin has surged over the last few weeks, smashing through its 2017 peak and treading fresh ground for the first time in three years. The bitcoin price has more than doubled in the last two months, a bull run that began when payments giant PayPal PYPL announced it would support bitcoin purchases (though with a worrying catch). Now, former hedge fund billionaire-turned bitcoin and crypto investor, Michael Novogratz, has said he can see bitcoin hitting $50,000 next… Source link