In cryptocurrencies, Bitcoin prices today surged while other digital tokens were mixed. The world’s largest cryptocurrency by market capitalization was trading over 1% higher at $62,112, as per CoinGecko. Though, the crypto has declined from its all-time high hit last week after the debut of the first US bitcoin futures exchange-traded fund. Bitcoin had rallied … Read more
Bitcoin (BTC) is an astonishing phenomenon in and of itself. It showed us that it’s possible to have a digital currency that doesn’t rely on banks or governments. Plus, the blockchain technology that enables Bitcoin could transform various industries, from finance to healthcare. Curious to know more about the world’s first cryptocurrency? Here are some … Read more
Bitcoin Trades Marginally Above $42k as Market Forces Reach Equilibrium For the past week, BTC/USD has been fluctuating between $40,000 and $45,000 price levels as market forces reach equilibrium. The current fluctuation has been centered in the middle of price range. That is, BTC’s price is consolidating in the middle of price range above the … Read more
A move by China’s central bank to criminalize all forms of cryptocurrency trading – effectively making bitcoin illegal in the country – has failed to meaningfully impact the price of the world’s leading digital asset. The clampdown came one day after Twitter announced that its 330m active users will soon be able to send bitcoin … Read more
Bitcoin and cryptocurrency price predictions have been coming thick and fast in recent months—with Tesla TSLA bull Cathie Wood making a big call this week. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover crypto blockbusters poised for 1,000% gains The bitcoin price rally that catapulted the world’s largest cryptocurrency to a value of over $1 … Read more
Bitcoin was trading more than 1.5% higher Saturday morning. CONSTELLATION BRANDS, INC. The price was around $48,670 per coin (+1.67%), while rivals Ethereum and Dogecoin were trading around $3,520 (-0.19%) and 24.4 cents (-2.95%) per coin, respectively, according to Coindesk. FIDELITY LOBBIES SEC FOR BITCOIN ETF The Biden administration is preparing an array of actions, … Read more
There’s no doubt that cryptocurrency in its current form is bad news for our planet. But while much attention has been paid to crypto’s carbon footprint and electrical use, its impact on e-waste hasn’t received similar scrutiny, until now. A new study out this month in the journal Resources, Conservation and Recycling has come up … Read more
El Salvador will exempt foreign investors from taxes on profits on bitcoin speculation in the country, a government adviser said Friday, after it became the first to recognize the cryptocurrency as legal tender. “If a person has assets in bitcoin and makes high profits, there will be no tax. This (is done) obviously to encourage … Read more
El Salvador updates Sign up to myFT Daily Digest to be the first to know about El Salvador news. As the cryptocurrency bitcoin became legal tender across El Salvador this week, a long queue formed at a cash machine on the edge of the capital. Those in line were mostly after one thing: US dollars. … Read more