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Tag: digital currency


Finance Tech, Liquidity, Trading

Bitcoin climbs 8% as cryptocurrency market attempts a comeback from last week’s plunge

April 26, 2021

Via: CNBC

LONDON — Bitcoin prices roared back Monday as the cryptocurrency market attempted to recover from a broad sell-off last week. At around 3 p.m. London time, the price of the world’s most valuable digital currency climbed more than 8% to […]


Finance Tech, Liquidity

Bitcoin won’t replace the dollar because it’s too volatile, Fed’s Powell says

March 22, 2021

Via: Markets Insider

Federal Reserve Chair Jerome Powell said Monday that, while the central bank is still exploring the potential for a central bank digital currency, cryptocurrencies like bitcoin can’t serve as an effective replacement to the US dollar. Bitcoin has enjoyed new […]


Finance Tech, Liquidity

Bitcoin bulls eyeing a $20,000 price target

November 5, 2020

Via: Fortune

Bitcoin is in rally mode once more. Whether it’s uncertainty from the U.S. election, the future of the pandemic or simply more investor interest, the cryptocurrency is at the highest level since January 2018. Bitcoin was up 3.3% at $14,463 […]


Financial Services, Industries

Mastercard launches digital currency kit for central banks

September 9, 2020

Via: Fortune

In the ten years since Bitcoin came on the financial scene, central banks have quietly been dabbling in digital currencies of their own. Now, Mastercard has unveiled a tool designed to simulate how those currencies would work in the real […]


Finance Tech, Trading

Bitcoin climbs back above $7,000 and is now up 90% year-to-date

May 13, 2019

Via: CNBC

Bitcoin has jumped above $7,000, continuing a stunning comeback for the cryptocurrency in 2019. The virtual currency climbed close to $7,600 on Sunday, according to industry website CoinDesk. It’s since pared gains, but is still holding above that $7,000 level. […]


Finance Tech, Trading

Bitcoin rallies 10%, extending this week’s gains after months of crypto carnage

December 19, 2018

Via: CNBC

Bitcoin is finally rallying again. After weeks of pain for the world’s largest cryptocurrency, bitcoin surged 10 percent to a high of $3,929.10, according to data from CoinDesk. Wednesday’s performance brings bitcoin’s three-day gains to more than 22 percent. Other […]


Finance Tech, Liquidity

Can the Whales of Bitcoin Tank the Market?

October 10, 2018

Via: Fortune

In the world of Bitcoin, mysterious “whales”—individuals who own large hoards of the digital currency—have long been a source of speculation and anxiety. Now, new research sheds light on the identity of the whales and their impact on the market. […]


Finance Tech, Liquidity

Despite price crash, Bitcoin believers still say the best is yet to come

August 17, 2018

Via: NBC News

SAN FRANCISCO — In December, Bitcoin seemed like the next big thing. One Bitcoin was nearing $20,000, financial journalists were starting to seriously consider whether Bitcoin could replace safe-space investments like gold and companies sprouted up to sell Bitcoin to […]


Finance Tech, Trading

Bitcoin Futures Killed the Bitcoin Rally (and Will Keep It from Returning), Economists Say

July 3, 2018

Via: Fortune

Predicting the future direction of Bitcoin and other cryptocurrencies has often proved to be a fool’s errand. One explanation cited by some economists for this year’s collapse in digital currency prices also suggests that a major Bitcoin rally may not […]


Financial Services, Industries

Coinbase Launches ‘Prime’ Service in Push to Lure Big Institutional Investors

May 15, 2018

Via: Fortune

Coinbase has unveiled a spate of products and services aimed at major players in the financial industry. Tuesday’s announcement, which included a new “white glove” offering called Coinbase Prime, comes as the San Francisco digital currency exchange seeks to entrench […]


Finance Tech, Liquidity

Bitcoin Looks Like it’s Shaking Off its Holiday Hangover

December 26, 2017

Via: Fortune

Bitcoin rallied past $15,000 on Tuesday as traders of the world’s biggest digital currency sought to draw a line under its roller coaster five-day slump. The tokens rose 10 percent to $15,116.50 as of 11:26 a.m. in London, the biggest […]


Finance Tech, Trading

Bitcoin sell-off could spark a market contagion, analyst warns

December 22, 2017

Via: CNBC

If the price of bitcoin continues to drop, other markets could begin to feel the heat, according to Ron William, founder and principle market strategist at RW Market Advisory. Bitcoin was seen trading below a psychologically key mark of $13,000 […]


Finance Tech, Liquidity

Ethereum nosedives by 20% to 7-week low amid worries about rival bitcoin’s future

July 17, 2017

Via: CNBC

Prices of digital currency ethereum plunged more than 20 percent Sunday morning, amid concerns about the recent price surge and the future of bitcoin. Ethereum hit a low of $130.26 around 9 a.m., ET, down 22 percent from Saturday night’s prices and […]