Corporate buy-ins could take Bitcoin price over $500K — report
Bitcoin (BTC) could fetch at least a $535,000 price tag if corporate buyers convert 10% of their cash reserves to the largest cryptocurrency.
Tag: Bitcoin
Energy consumption from Bitcoin mining is massive, and people are taking notice. The increases have been scaling fast, with mining energy usage quickly surpassing the totals of… Read More
After rallying to record-setting prices, recapturing the attention of the public and becoming once-again the topic du jour, cryptocurrencies are losing ground today. Read More
The world’s cryptocurrency is now worth more than $1 trillion, with bitcoin accounting for a large majority of the value. The price of the oldest virtual currency… Read More
The government of India is considering an 18% tax on all bitcoin transactions, according to a new report from the Times of India. It’s not clear whether the… Read More
One of Russia’s largest oil producers creates a Bitcoin mining farm in Siberia
Gazprom Neft, one of the largest oil producers in Russia, is getting into mining — for Bitcoin, that is.
The digital currency is theoretically the 11th largest company globally based on its market cap, ahead of corporates like Samsung, Walmart, Berkshire Hathaway, Coca Cola, and more. Read More
After reaching a previous all-time high on November 30th, 2020 and December 1st, 2020, bitcoin is now trading well above $20,000 and has surpassed its previous peak price. Read More
Bitcoin prices have surged in 2020, and on Monday the cryptocurrency reached an all-time high price just short of $20,000. Read More
PayPal announced today it’s dropping the waitlist to buy, hold and sell cryptocurrency in the U.S. With the move, all customers in the U.S. will be able to… Read More