The website listed a coin dubbed WallStreetBets (WSB) above the world’s top cryptocurrency, bitcoin, earlier this week. As of Sunday, WallStreetBets still outranked major cryptocurrencies, as it gained nearly 130 percent in the past 24 hours and over 1,160 percent in a week. The price of the WallStreetBets token is …
Read More »Bitcoin out, digital rupee in: India cracks down on private cryptocurrencies while seeking to launch its own digital coin
The ‘Cryptocurrency and Regulation of Official Digital Currency Bill’ was put on the government’s agenda, according to a bulletin, released by the lower house of parliament earlier this week. The proposed law could be discussed in several sessions, the first of which could be held as early as next week. …
Read More »Why did bitcoin suddenly erase all of this year’s gains? RT’s Boom Bust has the answer
After a strong start to 2021, when we saw bitcoin breaking records on a daily and even hourly basis, the price of the cryptocurrency has faced wild swings. On Friday, it plunged below $30,000 for the first time in nearly three weeks, but recouped some of those losses since then …
Read More »Cryptocurrencies lose almost $200 BILLION in 24 hours as bitcoin plummets
The value of the cryptocurrency market was $932.20 billion as of 8:10 GMT, down from $1.1 trillion a day earlier, according to Coinmarketcap. The world’s largest cryptocurrency, bitcoin, collapsed by over 17 percent from a day earlier to $34,654.39. The second-biggest crypto, ether, was down by more than 20 percent …
Read More »He’s convinced: World’s richest man Elon Musk wants to be paid in bitcoin
Responding to a tweet by Ben Mezrich, the author behind the movie ‘The Social Network’, the founder of Tesla and SpaceX said he’s now on board with accepting payment in bitcoin. “I’ll tell you one thing, I’m never turning down getting paid in bitcoin again,” Mezrich wrote, prompting Musk to …
Read More »US dollar demise will soon be attributed to bitcoin rise – Max Keiser
The millions of investors betting on bitcoin, including big guns such as Paul Tudor Jones and BlackRock, don’t have to fear their investment being extinguished by financialization, unlike the gold and bond “vigilantes,” Max said in the latest episode of the show. That’s why their investment is increasing in value, …
Read More »New year, new record: Bitcoin pushes past historic new milestone of $30,000
The digital currency added over six percent to its value in the last 24 hours, according to data tracking by CoinDesk. It was beating its own records almost on an hourly basis on Saturday, finally jumping to a new historic high of $31,509. The cryptocurrency started last year at less …
Read More »Bitcoin resumes rally as investors new to the crypto game pile in – data analysis
Big investors reportedly bought $11.5 billion in bitcoins over the past three months. The buying spree nearly doubled the price of the world-leading cryptocurrency, which couldn’t exceed the $12,500 mark since July 2019. “The role of institutional investors is becoming ever clearer in the data,” Philip Gradwell, chief economist at …
Read More »Elon Musk discloses his bitcoin kink and messes with crypto-enthusiasts via cheeky tweets
Musk has tweeted in the past about bitcoin, dogecoin and the like, often in a joking manner. This time around, however, the Tesla and SpaceX founder, started by saying bitcoin was his “safe word,” and tweeted: “Just kidding, who needs a safe word anyway?!” an hour later. Shortly thereafter, he …
Read More »Bitcoin worth more than JPMorgan as crypto sets new historic peak above $22,000
Bitcoin jumped nearly 15 percent in one day and reached $22,327 early on Thursday, setting a new historic high. It was trading at around $22,200, according to Coindesk data as of 6:57am GMT. After the recent rally, believed to be driven by demand from larger institutional investors, bitcoin’s market cap …
Read More »