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Bitcoin's price has declined 20% since Sunday. Bitcoinâs punishing sell-off appeared to decelerate as prices settled around $47,000, after the largest cryptocurrency by market capitalization logged its steepest two-day loss since March 2020 early Tuesday. Bitcoin (BTC) trading around $47,851.27 as of 21:00 UTC (4 p.m. ET). Slipping 11.72% over the previous 24 hours. Bitcoinâs 24-hour range: $44,964.49-$55,053.91 (CoinDesk 20)...
Two-fifths of U.S. investors think investing in the cryptocurrency market is no more risky than putting money into stocks. A new study has found that a majority of American believe cryptocurrency is a safe investment. Further, 25% already own crypto with another 27% saying they plan to invest this year. Thatâs according to a February survey of 30,000 people over...
Last weekâs settlement price of $303 per share would make Coinbase bigger than NYSE-owner ICE. Cryptocurrency exchange Coinbase, which is preparing to trade publicly in the next few months, is being valued at $77 billion, based on trading of the companyâs privately held shares on a secondary market. Those shares in the largest crypto exchange in the U.S. are changing...
More than 70% of financial executives surveyed are closely watching what everyone else is doing with Bitcoin before they decide on investing their companiesâ cash reserves in it. A small scale study of financial executives has found that 5% of companies intend to invest in Bitcoin (BTC) as a corporate asset this year, with a further 11% stating they could...
The record comes as traders analysts have described institutional investorsâ interest in bitcoin as growing âat a staggering pace.â The price of bitcoin (BTC) rose Sunday morning to a new all-time high of $49,716 after a week of positive developments regarding increased Wall Street acceptance of the leading cryptocurrency. Bitcoin hit a new high-water mark of $49,716.44, topping the previous...
Peirce also pushed back against an emerging government narrative that cryptocurrency is a dangerous rail for terrorist financing. U.S capital markets are ready for a bitcoin exchange-traded product, U.S. Securities and Exchange Commissioner Hester Peirce said on CoinDesk TV Thursday. The regulator playfully known as "crypto mom" said people are already eager to trade a bitcoin ETP, "and so if...
The next milestone has been overcome. There are already more than 6.5 k projects on the platform!
While the number of Bitcoin transactions that can fit in a block remains the same, demand on the network is leading to rising transaction costs. The number of transactions waiting to be confirmed in the Bitcoin mempool surged briefly above 125,000 today. This represents the equivalent of roughly 149 megabytes worth of data waiting to be added to the blockchain,...
Tesla also expects to begin accepting bitcoin as a form of payment for its products "in the near future." The announcement that much of the crypto world has been hoping for is here: Tesla has invested in bitcoin. The electric vehicle maker said Monday in an annual report filed with the U.S. Securities and Exchange Commission that it has put...
Fees for transacting on the Ethereum network breached previous records, passing above $20 for the first time Thursday. As of 05:45 UTC (12:45 a.m. ET), the average and median transaction fee on Ethereum reached as high as $23.43 and $11.77, respectively, data from Blockchair indicates. Ethereum last broke its transaction fee record a month ago on Jan. 11, hitting an...
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