Bitcoin Price Drops Below $15k, Down 25% from All-Time High: The latest news from the world of cryptocurrency has it that the price of bitcoin is down more than 25 percent from an all-time high of nearly $20,000 reached this past weekend.This data was revealed by market data. Bitcoin price fell to as low as … Read more
The World’s First Bitcoin Lottery is Offering a 1,000 BTC Bounty: Anyone kicking themselves for not buying bitcoin sooner now has a novel way to make amends. One of Ireland’s best-known lottery operators is offering a bitcoin bounty worth millions of dollars. In exchange for picking six numbers, entrants – who aren’t limited to the … Read more
In the latest development from the cryptocurrency world, Tom Lee, who called bitcoin’s recent rally, says it is a ‘real asset class’ for young people. Fundstrat’s Tom Lee believes bitcoin is a legitimate investment for the younger generation. Fundstrat’s Tom Lee “I think as a store of value, bitcoin makes a lot of sense,” Lee said … Read more
No, bitcoin isn’t likely to consume all the world’s electricity in 2020: Here are a few things you might not know about bitcoin, the cryptocurrency that has captivated the financial world after skyrocketing about 2,000 percent in a year to more than $19,000 per coin at one point. The computer process that generates each coin … Read more
Bitcoin Trust Plunges as Cryptocurrency Slides Below $16,000: In the latest development, Bitcoin’s worst three-day slide in more than a month is spilling over to the structured note that tracks its price. Shares in Bitcoin Investment Trust have tumbled 41 percent since Monday, more than double the drop in the cryptocurrency. The publicly traded vehicle’s … Read more
In the latest development, report reveals that a trader makes a million-dollar bet that bitcoin will triple next year. According to the source, the trader betted that bitcoin will top $50,000 next year. Online records from New York-based digital currency-trading platform LedgerX showed 275 call options expiring Dec. 28, 2018, were bought in Wednesday’s trading … Read more