Cryptocurrency

Bitcoin hit a new record high on Friday and is moving towards achieving a market value of $ 1 trillion, ignoring analysts’ warnings that it constitutes an “economic sideways supply” and a flimsy hedge against falling stock prices. The value of the most popular cryptocurrency in the world jumped 2.6% …

Bitcoin rose above $52,000 for the first time in its history on Wednesday, February 17th, as the cryptocurrency rose to a record high of $52,340. Bitcoin was invented in 2009, shortly after the global financial crisis, with the transformation in protests against the banking system into something of “digital gold” …

The Bitcoin rally continued on Wednesday, hitting a new record level and exceeding the $52,000 level for the very first time. The world’s largest digital currency in terms of market capitalization is currently up by 7.18% at $52,137.4, extending its gains over the past seven days to 16.11%. Year-to-date, the …

Bitcoin jumped above $50,000 on Tuesday to a new record high, continuing a rally fueled by indications that the world’s largest cryptocurrency is gaining traction among major investors. Bitcoin reached a new peak of $ 50 thousand, and in its most recent transactions it was 3.9% at $ 49,891. The …

The price of Bitcoin declined on Monday, after nearing $50,000 on Sunday, rising by 5% and reaching a new record high. The world’s largest cryptocurrency is down by 1.57% over the past 24 hours, reducing its gains over the past seven days to a little over 9%. Bitcoin recently received …

Despite the huge rush to invest in Bitcoin in recent times, which pushed it to record records, which reached near the levels of 50 thousand dollars, it was not able to maintain this level for a long time. Overnight, Bitcoin lost 5.6%, down to $45,000, with the start of Asian …

Bitcoin hovered near record highs on Friday, and is heading for gains of more than 20% in a historic week during which it saw the support of large companies like Elon Musk’s Tesla, while the weak US labor market continued to put pressure on the dollar. The most popular cryptocurrency …

Bitcoin surged on Thursday to a new all-time high, supported by increased demand from institutional investors. The world’s largest cryptocurrency rose earlier today above the $48,000 level for the very first time, setting a new record near $48,300. Now, the digital currency is trading at $47,933, up by about 6.4% …

The Deputy Governor of the Bank of Canada (BoC), Tim Lane, said on Wednesday that cryptocurrencies such as Bitcoin are a flawed payment method, Bloomberg reported. Lane also pointed to the costly verification methods and the digital currencies’ unstable purchasing power. “Our view remains unchanged, a digital currency is by …

Bitcoin hit $48,000 for the first time in the early trading on Tuesday at Bitstamp, as it headed towards the $50,000 barrier. The market value of the largest cryptocurrency in the world has now exceeded $ 891 billion. Bitcoin has risen nearly 24% since the leading electronic car maker Tesla …