Michael Burry (as played by Christian Bale in The Big Short) believes bitcoin will crash. To date though, it just keeps going up. Photo-Illustration: Konstantin Sergeyev/Intelligencer. Photos: Paramount Pictures; Getty Images During the past year of COVID-induced market mania, cryptocurrencies have gone up so much — bitcoin is up about […]
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Bitcoin, Ethereum, Cardano, BNB, XRP, Solana And Dogecoin Are Braced For A Massive Earthquake Amid Huge Price Pump
/https://specials-images.forbesimg.com/imageserve/6162a569ad7453519d3a987f/0x0.jpg "Bitcoin, Ethereum, Cardano, BNB, XRP, Solana And Dogecoin Are Braced For A Massive Earthquake Amid Huge Price Pump")
As bitcoin and cryptocurrency prices are surging across the board, the U.S. government is weighing a regulatory crypto crackdown, according to reports. Don’t miss: What (or who) is driving the crypto market in 2021 and beyond? Tune in to Forbes’ free Crypto Codex Live webcast on October 14 at 2:00pm EDT and get ahead of the […]
If You Invested $100 in Bitcoin in 2011, This Is How Much You’d Have Now
In early 2011, the then-obscure cryptocurrency Bitcoin (CRYPTO:BTC) reached $1 per coin for the first time. It was a milestone celebrated by the few crypto-enthusiasts around back then. The rest of the world was either oblivious or left scratching their heads about what Bitcoin even was. Everyone has heard of […]
Bitcoin could hit $70,000 in December, based on this valuation model, some analysts say
Bitcoin slipped more than 4% after it rose above $57,800 on Monday, the first time since May. The cryptocurrency BTCUSD, +1.06% is recently trading at $55,526, down 3.3% for the past 24 hours. Bitcoin is still up 12% over the past seven days. Most of the top 50 cryptocurrencies were […]
Senator Cynthia Lummis discloses a bitcoin purchase worth up to $100,000
Senator-elect Cynthia Lummis, a Republican from Wyoming, stands for a photo at the U.S. Capitol in Washington, D.C., November 9, 2020. Stefani Reynolds | Pool | Reuters Senator Cynthia Lummis, R-Wyo., just disclosed a sizable bitcoin purchase as the crypto supporter continued to grow her stake in the volatile asset. The […]
A Young Crypto With Big Potential
Long-term, regular readers of my musings will know that I was an early, enthusiastic supporter of Bitcoin (BTC). Far from seeing it as some kind of con trick or Ponzi scheme as some prominent bankers and pundits did when BTC/USD was at around $250, I recognized the potential real-world applications of […]
How El Salvador Is Testing Bitcoin’s Promise of Financial Liberty
SAN MIGUEL, El Salvador — Bitcoin’s proponents dream of a financial system largely free of government meddling. But the first time that cryptocurrency became a national currency, it was imposed on an unwilling population by an increasingly authoritarian ruler using a secretive state-run system. The surprising announcement last month that […]
The SEC just approved the closest thing to a US bitcoin ETF you can buy, for now | Currency News | Financial and Business News
Chesnot/Getty Images The US SEC has approved an ETF that tracks stocks with significant exposure to bitcoin. These firms hold a majority of their net assets in bitcoin or derive a majority of their profit or revenue from bitcoin-related activities. The actively-managed fund, Volt Crypto Industry Revolution and Tech ETF, […]