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Bitcoin Price Slips as Stocks Slide

Bitcoin has pulled back sharply from 16-month highs reached early Wednesday alongside heightened coronavirus-induced risk aversion in global stock markets. At the current price of $12,980, the top cryptocurrency by market value is down over 5% on the day and 7% from the Asian session high of $13,857. That was the highest level since June

Bitcoin Surges After PayPal says Venmo will become a BTC wallet

Bitcoin (BTC) gained almost 5% on Oct. 21 as bullish price action combined with fresh corporate adoption news to boost gains. Cryptocurrency market daily performance overview from Coin360 PayPal takes BTC price to $12,400 Data from Cointelegraph Markets and Coin360 showed a strong 24 hours for bulls on Wednesday, with BTC/USD topping out at $12,400. At press time, $12,300

Has Bitcoin Finally Met Its Match?

Bitcoin has reigned as the undisputed king of cryptocurrencies since it was created a little over ten years ago. The bitcoin price has soared, with some ups and downs, over the last decade—climbing to around $11,300 per bitcoin today and giving bitcoin a total value of over $200 billion. Now, as the market for stable coins—cryptocurrencies pegged to traditional currencies or

Bitcoin will surge to $1 million in 5 years by an ‘enormous wall of money,’ former Goldman Sachs hedge-fund chief says

Raoul Pal, the former Goldman Sachs hedge-fund manager who founded Real Vision, said the price of bitcoin could hit $1 million in five years. In an interview with Stansberry Research on October 7, he pinned such a price increase to a wave of institutional funds pouring “an enormous wall of money” into the asset. Bitcoin’s price has exploded about 40%

4 Reasons Warren Buffett Can’t Stomach Bitcoin

If there’s one thing Warren Buffett will never ever invest in, it’s bitcoin — or any other cryptocurrency. He’s called it “rat poison squared,” a “mirage,” and a “gambling device.” But if there’s anyone who hates it more, it’s his Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) second in command, Charlie Munger. He’s called bitcoin “just dementia” and compared it to “trading turds.” Earlier

7 Best Blockchain Stocks to Buy for the Rest of 2020

With millions of Americans suddenly forced to work from home due to the still-raging pandemic, many turned to trading platforms like Robinhood for a crash course in investing. That right there bodes very well for so-called blockchain stocks, or companies levered to the technology that underlines cryptocurrencies. But to understand the potential of this sector, one needs

Ethereum: Free Money Is Real

Yesterday I was in shock, today I am wearing my Bitcoin socks. Free money is real. It is enough to shake my faith in reality that after knowing for the bulk of my life there was no such thing as free money, I just received a chunk. Now it’s actually, totally naive to believe there

Bitcoin vs. USD: why only a weaker dollar will push BTC above $20,000

A widespread debate among investors is the correlation of Bitcoin (BTC) with other markets. A high degree of correlation between the equity markets and Bitcoin has existed, particularly in the last few months. In other periods, gold and Bitcoin appear to move in tandem. However, the correlation that should be watched the most is the dollar since