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Bitcoin rockets past $10,000 after the Fed says it’s ‘taking a deep look’ at a government cryptocurrency
The digital coin hit a five-month high as Wuhan coronavirus fears and the upcoming "halving" also boosted demand.
The Fed official praised the SEC for "cracking down on" the coin-offering frauds that have "fleeced" people for billions of dollars.
Investors are buying bitcoin because "it is increasingly regarded as a safe-haven asset in times of uncertainty," said Nigel Green of deVere group.
Warren Buffett’s $4.6 million crypto lunch was eBay’s priciest purchase in 2019. It still hasn’t happened.
Tron chief Justin Sun bought the charity meal with Berkshire Hathaway's boss but bailed at the last minute, sparking conspiracies.
Bitcoin jumped 8% in a week, and the amount of gold in exchange-traded funds surged to a seven-year high of 2,561 tons.
The coin jumped as high as $9,176.38 Tuesday morning, soaring with other cryptocurrencies as investors turn to them as a safe-haven assets.
The biggest bitcoin trust brought in a record $608 million last year – and most of it was from hedge funds
Grayscale Investment's inflows in 2019 surpassed the value of the previous six years combined, the company said in its annual investment report.
The digital currency is up 20% just two weeks into 2020, and crypto-enthusiasts expect institutional interest to drive prices higher through the year.
Singaporean kidnapped and tortured in Thai forest said he paid his own ransom in Bitcoin, then used martial arts to grab a gun pointed at his head and...
The victim said he was driven to several forested locations, where his kidnappers stripped him, hit him, poured ice water over him, and administered electric shocks.
Bitcoin has been touted as a "safe haven" investment, like gold, in times of geopolitical uncertainty. "The evidence isn't there," says one analyst.