Tag: Bitcoin

The price of bitcoin rallied to trade above $35,000 early Wednesday morning, according to data from Coin Metrics.
— Read on www.cnbc.com/2021/01/06/bitcoin-price-hits-new-high-as-it-soars-above-35000.html

Bitcoin has the potential to reach $146,000 in the long term as it competes with gold as an asset class, according to JPMorgan Chase & Co.
— Read on www.bloomberg.com/news/articles/2021-01-05/jpmorgan-sees-146-000-plus-bitcoin-price-as-long-term-target

Bitcoin hits new record, set for biggest monthly gain since 2019 – BNN Bloomberg
— Read on www.bnnbloomberg.ca/bitcoin-hits-new-record-set-for-biggest-monthly-gain-since-2019-1.1542195

As bitcoin charges towards all-time highs, search interest is relatively low. How much attention has bitcoin’s recent rally gotten?
— Read on www.visualcapitalist.com/bitcoin-is-near-all-time-highs-and-the-mainstream-doesnt-careyet/

Bitcoin’s flash crash and recent rally explained – BNN Bloomberg
— Read on www.bnnbloomberg.ca/bitcoin-s-flash-crash-and-recent-rally-explained-1.1475358

Billionaire investor Paul Tudor Jones made a prescient call on bullion in 2019, now he’s saying that bitcoin futures, the controversial digital currency,…
— Read on www.marketwatch.com/story/hedge-fund-boss-who-called-the-87-crash-and-made-timely-call-on-gold-now-says-if-i-am-forced-to-forecast-my-bet-is-it-will-be-bitcoin-as-the-best-inflation-hedge-2020-05-07

Bitcoin is notoriously volatile, prone to sudden price surges and swift reversals that can wipe out millions of dollars of value in a matter of minutes. Those changes are often mysterious to market observers, given the digital currency’s lack of fundamentals, or ties to the real economy. Bitcoin has another quirk, one that was built into the code that gave it birth: every so often, the formula that governs the rate at which new tokens are created changes. As another such event — called a halvin
— Read on www.bloomberg.com/news/articles/2020-04-25/get-set-for-bitcoin-halving-here-s-what-that-means-quicktake