Bitcoin has breached its historic record as it rides a wave of excitement about getting further accepted by the financial establishment.
Shares of the ProShares BitCoin Strategy ETF changed hands 24.1 million times in a resounding debut. Investors are getting more interested in crypto because they're always looking for assets whose prices moves independently of everything else in their portfolios. Crypto still hasn't won over everyone, though. Critics say they're still not widely used as forms of payment.
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Bitcoin Price Surges Past $66,000, Reaching New HighBitcoin hit a new high Wednesday, powered by a wave of buying after the first U.S. exchange-traded fund linked to the cryptocurrency started trading
Source: WSJ - 🏆 98. / 63 Read more »
Bitcoin surges to new record above $66,000Bitcoin hit a new all-time high of nearly $67,000 Wednesday, topping the previous record set in April. The world's most valuable cryptocurrency has surged 50% this month, from just under $44,000 at the end of September. Excellent Nice
Source: CNN - 🏆 4. / 95 Read more »
Bitcoin hits new record high, topping $65,000Bitcoin, the world’s largest cryptocurrency, climbs more than 2% to $65,607.92, topping a previous record of $64,899 set in April. The whole economy is as fake as Bitcoin and endlessly printed dollars. Total collapse when people figure that out. Bitcoin is holding support above $66k after a series of breakouts over the past week. Upside appears to be limited towards $70k-$75K given slowing momentum. _mout33 he’s an underrated specialist in crypto I’ve been taking his tweets and predictions seriously Follow him
Source: NBCNews - 🏆 10. / 86 Read more »
As Bitcoin goes mainstream, Wall Street looks to cash inNEW YORK (AP) — Love cryptocurrencies or hate the very idea of them, they’re becoming more mainstream by the day. Cryptocurrencies have surged so much that their total value has reached nearly $2.5 trillion, rivaling the world's most valuable company, Apple, and have amassed more than 200 million users. They are not currencies at this point, they are volatile liquid assets backed entirely by speculation. Investing in crime. Because they are currencies and not just speculative investments that generate 0 real life value. Cool journalism, good job.
Source: AP - 🏆 728. / 51 Read more »
Corporate tax revenue hits an all-time high as receipts top $370 billionCorporate tax receipts topped $370 billion in the last fiscal year, up over 70% compared with the year before. CNBC's Robert Frank joins 'Squawk Box' to report. robtfrank I don’t buy it robtfrank I certainly paid a record in taxes but I’m happy to do so!! robtfrank wow
Source: CNBC - 🏆 12. / 72 Read more »
New Zealand hits virus high, pushes vaccination as way outWELLINGTON, New Zealand (AP) — New Zealand counted its most new coronavirus cases of the pandemic Tuesday as an outbreak in its largest city grew and officials urged vaccinations as a way out of Auckland's two-month lockdown. All while borders are totally shut?! NZ and Aus both going to get long tail end of this pandemic
Source: AP - 🏆 728. / 51 Read more »