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Mon Jan 13 6:51 AM

Bitcoin Tops $40K for First Time, Doubling in Less Than a Month

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Causing observers to run out of superlatives and Google users to query about whether a crash is coming, bitcoin’s price topped $40,000 for the first time Thursday, only hours after the leading cryptocurrency blew past $38,000 and $39,000. The price of bitcoin set a new-all time...

This “ElectroRAT” malware might be silently draining your Bitcoin

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A ransomware has affected users of over three apps in the past year and drained their wallets of hundreds of Bitcoin.The rat wants BitcoinA new bug identified by researchers that mimics a crypto trading program is said to have affected thousands of users in...

Market Wrap: Bitcoin Blows Past $36.1K While Traders Clamor for Ether Options

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Retail buying through PayPal is likely helping push bitcoin’s price higher while traders are hoping to get into an ether options market with potential volatility similar to March 2020. Bitcoin (BTC) trading around $36,122 as of 21:00 UTC (4 p.m. ET). Gaining 5.7% over the...

Bitcoin Tops $37K, Setting Record, Hours After Roaring Past $36K

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The incredible ride that has been the price of bitcoin this year hit back-to-back milestones Wednesday as the leading cryptocurrency blasted past $36,000 for the first time ever, then a little over three hours later briefly crossed $37,000. The price of bitcoin soared to a new-all...

Bitcoin Investment Makes Sense in Current Economic Climate: Former Fed Governor

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Bitcoin investing makes sense as part of an investment portfolio in this current economic environment with a weak dollar, former U.S. Federal Reserve Governor Kevin Warsh said during a Squawk Box interview on CNBC. Warsh said part of the current large inflow of funds...

Bitcoin Lightning Startup Zap Goes Global, Adding Multiple Fiat Pairs, Stablecoins

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Bitcoin’s Lightning Network is bringing fiat to every corner of the world, thanks to Visa-partnered startup Zap Inc. Strike – the Chicago-based startup’s Bitcoin wallet and banking service – is rolling out native support for the euro, pound and Swiss franc, soon to be followed...

Why Allianz chief economist says Bitcoin surging will fuel an “interesting conversation”

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Mohamed A. El-Erian, the chief economist at Allianz, said the Bitcoin price surging to a new all-time high at $38,000 could fuel an “interesting conversation.”El-Erian’s comment comes after the U.S. Capitol in Washington, D.C. was stormed on January 7. 52 people were arrested and...

First Mover: Bitcoin Hits Record as ‘Blue Wave’ and ‘Kimchi Premium’ Look Bullish

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Bitcoin (BTC) rose for a second day, surging to a new all-time high price of $35,751, according to CoinDesk’s Bitcoin Price Index.  The jump came as votes were tallied from Tuesday’s special U.S. Senate runoff elections in the state of Georgia, where Democrats appeared on...

Crypto VC says Bitcoin must consolidate if it is to hit $100,000 in the near future

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Bitcoin, Ethereum, and other cryptocurrencies have undergone remarkably strong rallies over recent days and weeks.In the past seven days alone, BTC gained 30 percent against the U.S. dollar while ETH gained 60.6 percent.Bitcoin is expected to continue its ascent as long as the U.S....

Veteran Investor Bill Miller Says Bitcoin Is Cash’s ‘Rat Poison’

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Investor Bill Miller, whose flagship mutual fund in 2020 beat the S&P 500 index for the straight second year, said he believes bitcoin could replace cash and markets are underpricing inflation risk. “Warren Buffett famously called bitcoin rat poison. He may well be right. Bitcoin...