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Bitcoin, one of the most popular digital currencies, has been in the mainstream media for the past couple of weeks. For the first time ever, it broke $100,000 and even went a little over $108,000.
Gold prices, meanwhile, rose to a never-before-seen high of $2,135.40 on Monday as investors price in larger rate cuts by the Fed. Prices fell on Tuesday, but bullion’s value remains elevated.
A bitcoin crash could trigger a broader stock market decline, Interactive Brokers' Thomas Peterffy says. Rising leverage in bitcoin futures poses significant risks to broader assets, Peterffy said.
A deeper dive into Bitcoin's current standing, macroeconomic indicators, and recent crypto industry developments reveals why, despite its recent stagnation, Bitcoin remains a screaming buy today ...
Bitcoin just topped $100,000 for the first time ever, and it's a milestone for the crypto that puts is on the path to replacing gold as the top store of value in the world economy, Bernstein said ...
Following a smaller correction in February, Bitcoin plunged from its peak above $64,000 on 14 April to below $49,000 on 23 April, representing a 23% mini-crash in less than 10 days, dipping below the March bottom trading range and wiping half a trillion dollars from the combined crypto total current value.
In the crypto market, bitcoin dropped below $50,000 (£39,000) for the first time since February, while Ethereum (ETH) saw its value fall more than $1,000 in a matter of days, down from $3,300 at ...
The project began as a community-driven effort with six co-founders, including lead developer Hang Yin. [3] [non-primary source needed] The stated purpose of the hard fork is to change the proof of work algorithm so that ASICs (Application-Specific Integrated Circuits) which are used to mine bitcoin cannot be used to mine the Bitcoin Gold blockchain in the hopes that enabling mining on ...