Cathie Wood: Low rates and quantitative easing drive interest in Bitcoin February 25, 2021 Cathie Wood, the well-known U.S. investor and founder of Ark Investment Management, said today that Bitcoin is in its “early days” given its diverse use cases. However, Wood emphasised Bitcoin’s potential as a hedge in a global economy of low rates and quantitative easing. “The dollar is down which is normally a positive cue for [...]
Crypto: Despite the risks, is Bitcoin becoming mainstream? February 24, 2021 2020 was a record-breaking year for Bitcoin, and this year may not be any different. Despite its spectacular drop last week, the crypto frenzy is far from over. Banks, well-known business leaders and investors all seem to jump on the digital currency bandwagon. Bitcoin has come a long way since it first launched in 2009, when [...]
Bitcoin boom delivers cryptocurrency $1 trillion market cap February 19, 2021 Bitcoin has for the first time hit a market cap of $1 trillion, following a month that saw the cryptocurrency rocket more than 60 per cent in value. The world’s most popular cryptocurrency is now worth nearly $54,000 at the time of writing, a new all-time high. Bitcoin’s gains have been fueled by signs it [...]
Bitcoin soars to new high as market cap edges closer to $1 trillion February 19, 2021 Bitcoin has jumped another 2.6 per cent today, to an all-time high of $52,932, putting it within touching distance of a market cap of £1 trillion. The world’s most popular cryptocurrency is on track for a weekly jump of more than eight per cent, having surged around 60 per cent so far this month. Bitcoin’s [...]
Bitcoin price through the roof as celebrities jump on the crypto bandwagon February 17, 2021 Bitcoin hit a new record high of $51,300 on Wednesday, up 4.7 per cent in a day. The rise tops off a week of enthusiasm for the cryptocurrency, which saw its price surge above $50k for the first time on Tuesday. Bitcoin has risen 900 per cent since March of last year and many famous [...]
Markets respond after Bitcoin pierces $50,000 to reach new all-time-high February 16, 2021 Crypto markets were catapulted into a frenzy today after Bitcoin briefly nudge over $50,000 to set a new all-time-high.
Breaking: Bitcoin smashes through $50,000 February 16, 2021 BREAKING NEWS: Bitcoin value surges above $50,000.
Gamestop saga is a good argument for the possibilities of crypto February 16, 2021 As Gamestop stock fell back to earth after a precipitous rise, it marked an end to the biggest short squeeze in 25 years, which for a time transferred substantial wealth from Wall Street to Main Street. But the saga has left a lasting legacy in the markets, exposing how current financial ecosystems are fundamentally skewed [...]
Before the Bell: Europe set for a higher open after bitcoin tests $50k February 15, 2021 Bitcoin continued to make new record highs over the weekend, edging close to the $50k level after last week’s surprise revelation that Tesla had taken the decision to plough $1.5bn into the cryptocurrency with a view to making it a means of payment. Despite some widespread scepticism about the wisdom of such a move it would [...]
Musk’s mischief sends shockwaves through crypto markets February 10, 2021 Elon Musk has disrupted the cryptocurrency world yet again with Doge tweet