Home Tags Cryptocurrency
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.
The billionaire investor hosted the Tron and BitTorrent CEO at an Omaha country club.
"When you don't understand how money gets made, it gets made in ways you don't like."
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.
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 institutions of Britain, Japan, the EU, Sweden, and Switzerland will join forces to consider issuing their own central bank digital currencies.
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.