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The Future Of Money

Analysis: Another bitcoin bubble? This time it’s different, backers hope

By Tom Wilson, Anna Irrera LONDON (Reuters/Naija247news) - With bitcoin surging to the cusp of its 2017 all-time high, backers are hoping fewer frenzied retail investors means less chance of a crash this time around. But with little mainstream usage as a form of payment and...

Bitcoin shoots past $18,000 for the first time since December 2017

The price of bitcoin was trading about 8.6% higher Wednesday morning at $18,172, breaching a level it hasn't hit since Dec. 20, 2017. Bitcoin is now creeping up toward the all-time high it posted in a late 2017 rally that saw the values of several...

Airbnb’s IPO Prospectus Consider Crypto and Blockchain

Airbnb may have had a change of heart on cryptocurrencies, according to the prospectus for its planned initial public offering (IPO). Filed with the U.S. Securities and Exchange Commission Monday, the prospectus says the company’s “future success will … depend on our ability to adapt...

Elon Musk suggests bitcoin is ‘ghost money’ as cryptocurrency approaches record high

Elon Musk has responded to a request for cryptocurency investment advice by suggesting that bitcoin is ghost money. The SpaceX and Tesla CEO, who became the world’s third richest person this week, made the claim amid a surge in the price of bitcoin that could...

Bank of England says its role is not to protect banks against digital currencies

LONDON, Nov 13 - Bank of England Deputy Governor Jon Cunliffe said it was not his job to protect banks from the impact of future digital currencies, which could dramatically reduce households’ willingness to hold money in traditional bank accounts. “Our job is not...

Citibank Analyst See Bitcoin Pass $300K by December 2021

A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin. The whole of bitcoin’s existence has been characterized by major price swings, “exactly the kind of thing that sustains a long-term trend,” said...

Bitcoin Surge Pass $17,000 as Market Cap Nears All-Time High

Bitcoin (BTC) traded above $17,000 Tuesday at 12:00 UTC for the first time since Jan. 7, 2018, according to the CoinDesk 20 price index. The rise pushes the leading cryptocurrency’s total market capitalization to over $315 billion, just short of its $335 billion record. Since its...

Bitcoin hits new 2020 high at $16.7K

Bitcoin price hit a new 2020 high at $16,765, and traders expect a much larger rally to occur in the near term. Top analysts were wrong about a Bitcoin correction Earlier today, John Bollinger, a veteran trader and the creator of the Bollinger Bands indicator,...

Global travelers can now get US passports with Bitcoin

A California-based visa and passport processing company announced it would be accepting Bitcoin as a form of payment as the U.S. State Department's operations are beginning to return to normal. According to a Nov. 6 announcement from passport and visa expeditor Peninsula Visa based in...

Price analysis: what caused BTC, ETH, XRP, LINK, BCH, LTC, BNB spikes

Data shows that Bitcoin’s (BTC) current rally is supported by greater participation from retail and institutional investors. The CME Bitcoin futures open interest has moved closer to the previous all-time high, a sign that institutional investors are becoming more interested in cryptocurrencies. Similarly, Bitcoin’s...
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