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Sun Jan 12 10:03 PM

Bitcoin’s Market Value Now Exceeds That of Facebook

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The explosive surge in the rise of the price of bitcoin has propelled the market value of the leading cryptocurrency past that of social media giant Facebook. With a market value at this writing of $761.5 billion, bitcoin is now more valuable than all but six...

Bitcoin Is ‘Less Risky the Higher It Goes,’ Says Investor Bill Miller on CNBC

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Mutual fund titan Bill Miller is talking bitcoin again. “One of the things that’s interesting about bitcoin is that it gets less risky the higher it goes,” Miller told CNBC Friday. “That’s the opposite of what happens with most stocks.” Miller continued to describe bitcoin as...

Bitcoin is now worth half of all silver in the world

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With a market cap of almost $780 billion, Bitcoin is currently worth half of all the silver that has ever been mined. According to data from Infinite Market Cap, Bitcoin has also surpassed tech giants Facebook, Tencent, and Alibaba in terms of market cap,...

Bitcoin Now Soars Closer to $42,000 Beating Its Own Earlier Records

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Despite the gains and the continuous surge in the price of Bitcoin, many critics anticipate a potential burst of this “bubble”.Bitcoin (BTC) has continued to delight investors as it has soared past the $41,000 price mark, a new all-time high and beating its own...

Bitcoin (BTC) Consolidates at $40,500 after Surging Closed to $42K, Gains 40% in 2021

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Bitcoin has blasted nearly 40% since the beginning of 2021 as the world’s largest cryptocurrency surged all the way up to $42,000 hitting a new all-time high. Institutional interest in BTC continues to surge further.It has been a blockbuster beginning for Bitcoin and crypto...

Bitcoin Market Value Tests $760B on Friday, Exceeds Facebook Cap

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Ending the year at $29,111.63, Bitcoin increased by more than 300% last year. With a gain of over 40% in a little over a week, Bitcoin is at $40,436 at the time of this writing.Recent Bitcoin price swell resulted in the cryptocurrency posting a...

Why Joe Biden’s $3T Stimulus Package Could Add Fuel to Bitcoin’s Rally

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The Democratic Party narrowly triumphed in the special Senate elections in the state of Georgia earlier this week, wresting control of the U.S. Senate from the Republicans. As such, the Democratic-controlled House of Representatives now has more freedom to implement its economic policies. Analysts...

First Mover: It Might Be Getting ‘Silly’ as Bitcoin Passes $39K, $40K, $41K

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Bitcoin’s momentum showed few signs of slowing on Friday, as prices pushed to a new all-time high after blowing through $40,000 for the first time.  In traditional markets, Asian and European shares rose and U.S. stock futures pointed to a higher open, as investors bet that a dismal jobs report expected...

Over $41,000: Bitcoin Continues to Forge New Highs

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Another day, another record high for bitcoin’s price. The top cryptocurrency printed a new peak price of $41,478 Friday, surpassing the lifetime high of $40,123 reached on Thursday, according to CoinDesk 20 data. Year-to-date gains are now over 40%. CoinDesk 20‘s price has more...

If Bitcoin follows the path it set during the 2016 halving, it’ll reach $286,000 by October

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Bitcoin has exploded over 100 percent higher over the past four weeks, moving from $20,000 to highs around $42,000.While the cryptocurrency is facing an ongoing retracement, analysts are confident that it is still on a path of growth on a macro scale.According to Ecoinometrics,...