The current Bitcoin price increase could be due to the fact that more and more large investors are switching to Bitcoin. Bitcoin has arguably proven to be one of the best inflation hedges to date. Bitcoin has outperformed the high inflation numbers so far. Gold, on the other hand, is known to keep up with …
Bitcoin’s recent surge has sent its market capitalization soaring, reaching the $1 trillion mark. That makes it worth more than social media giant Facebook (NASDAQ:FB), which has a market cap of $928 billion, and also more than electric car maker Tesla (NASDAQ:TSLA), which is valued at $795 billion. If Bitcoin continues to rise like this, …
The bitcoin price skyrocketed today and almost crossed the $52,000 mark. Bitcoin traders remain confident about the Bitcoin price and continue to drive the price higher. Bitcoin rose to a high of $51,900 today after many analysts were already looking bearish on the bitcoin price. The next weeks and months will show to what extent …
Today, bitcoin took another step forward with the achievement of a market capitalization of $929,014,620,160 U.S. dollars overtaking official Facebook based on data from Asset Dash. Last night (Oct. 4) at 10 PM ET, Facebook’s system, IG, crashed globally, causing Facebook shares to fall 5.6% and lose 1.6 trillion baht ($47 billion). Although Bitcoin experienced …
Good news for Bitcoin investors and traders after the Federal Reserve ruled out a ban on cryptocurrencies. Not long before that, Chinese authorities recently announced a ban on all transactions related to cryptocurrencies and crypto mining. The bitcoin price jumped 10% in a very short time to $47,884. The price jump came after FED Chairman …
Famous investors see an inevitable financial market collapse in the coming months. What will trigger this crisis is much speculated, an exact statement, of course, no one can make. Be it the inflation that grows inexorably, China’s Evergrande crisis, or the insolvency of the U.S. everything so far only speculation. Robert Kiyosaki, founder of Rich …
The great economic crisis in October – Bitcoin is expected to be hit hard Read More »