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The largest cryptocurrency reached an all-time high of $28,365 Sunday. Its price has more than tripled in 2020 amid a worsening pandemic.
To ignore very evident Bitcoin’s spikes in the past year, the most recent one being last week, is to dismiss the evidence of history.
Bitcoin has almost tripled this year despite a severe crash in March. Proponents have seized on the narrative that the coin could act as a store of wealth.
If mainstream investors move just a small portion of gold holdings into the $350 billion Bitcoin industry, it would be a game-changer for diversification strategies on Wall Street.
Covid-19 has been good for Bitcoin & cryptocurrency generally. By accelerating our advance into a more digital word, what might have taken 10 years has been achieved in 10 months.
The Indian crypto entrepreneurs are like the lemonade-stand kids who beat back Big Government. Their elders will catch up.
Bitcoin has been through a boom and bust and a second boom since its frenzied heydays in 2017. But the mania that surrounded digital currencies back then is largely absent.
PayPal customers can now buy, sell and hold cryptocurrencies including Bitcoin, Ether, Bitcoin Cash and Litecoin from digital wallets, as well as use the virtual money to shop.
The digital-asset community tends toward Bitcoin bullishness at pretty much any time, but there are indications the increase might be more sustainable this time around.
Bitcoin offers users a degree of anonymity, making among criminals. But investigators can still glean valuable information from accounts that transacted with certain US services.