Crypto Roundup, March 15, 2020: Bitcoin eclipses $60K on the anniversary of Black Thursday

Leading crypto celebrates more than 1400% gains year-to-date Bitcoin surged to fresh highs above $60K on Saturday, marking the one year anniversary of the Black Thursday crash with an astonishing show of strength. The buying frenzy began as another round of government checks hit American’s bank accounts. Biden’s $1.9 trillion plan was signed into law last Thursday afternoon, sparkingContinue reading “Crypto Roundup, March 15, 2020: Bitcoin eclipses $60K on the anniversary of Black Thursday”

Crypto Roundup, March 1, 2021 – Cardano bucks the trend as crypto market pulls back

Bitcoin falls alongside stocks after tagging $58K The Bitcoin rally hit a speed bump last week, pushing prices down to $43K as the stock market dropped and US Treasury Secretary Janet Yellen claimed the leading cryptoasset is “extremely inefficient for transactions.” Yet as the market moved lower, institutional investors kept buying. MicroStrategy and Square completed Bitcoin purchases of $1Continue reading “Crypto Roundup, March 1, 2021 – Cardano bucks the trend as crypto market pulls back”

Tesla’s $1.5 billion Bitcoin buy could forever change corporate finance

Corporate uptake hits inflection point as Tesla’s Elon Musk buys Bitcoin In a move that has electrified the crypto market, Tesla has added $1.5 billion worth of Bitcoin to its balance sheet, and expects to accept the cryptoasset as payment in the near future. The news is not only another milestone for Bitcoin, which soared 20% onContinue reading “Tesla’s $1.5 billion Bitcoin buy could forever change corporate finance”

Markets in the red on Brexit and stimulus doubts

European markets have opened in the red as investors dial down their risk as Brexit negotiations near a critical point ahead of Sunday’s deadline. In addition to this, an agreement on a US fiscal stimulus package still looks some way off. Despite some vaccine optimism, US index futures are trading down 0.5%. In the USContinue reading “Markets in the red on Brexit and stimulus doubts”

Bitcoin is headed for the moon — how far will it go?

2020 saw Bitcoin jump 150%, more than any other asset class. Why did this happen, and what will Bitcoin do in 2021? Overall, 2020 was an interesting year for the markets, in which Bitcoin stood out. The decentralised cryptoasset jumped more than 150%, more than any stock market index or gold, and its rise hasContinue reading “Bitcoin is headed for the moon — how far will it go?”

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