Page 31 - Latest Updates on Bitcoin
Bitcoin at $100,000 in 2021? Outrageous to some, a no-brainer for backers
It's a wager that has drawn eye-rolls from skeptics who believe the volatile cryptocurrency is a speculative asset rather than a store of value like gold
 "Bitcoin at $100,000 in 2021? Outrageous to some, a no-brainer for backers")
Cryptos may outrun other asset classes over 2 yrs; be mindful of the risk
Cryptos have been big gainers in times of trouble. In that sense, cryptos are like gold; havens during uncertainty.
 "Cryptos may outrun other asset classes over 2 yrs; be mindful of the risk")
Bitcon surges to near all-time high, backers hope it won't crash this time
With bitcoin surging to the cusp of its 2017 all-time high, backers are hoping fewer frenzied retail investors means less chance of a crash this time around
 "Bitcon surges to near all-time high, backers hope it won't crash this time")
Bitcoin breaks $18,000 as rally powers on, all-time high in sight
Bitcoin is now close to its all-time high of just under $20,000
 "Bitcoin breaks $18,000 as rally powers on, all-time high in sight")
Bitcoin rallies 3.6% breaking $17,000 to touch its highest level since 2018
Bitcoin has soared over 130% this year, and is up more than four-fold from its March lows
 "Bitcoin rallies 3.6% breaking $17,000 to touch its highest level since 2018")
PayPal users can hold virtual coins, shop using cryptocurrencies
The new service makes PayPal one of the largest US companies to provide consumers access to cryptocurrencies
 "PayPal users can hold virtual coins, shop using cryptocurrencies")
Singapore Exchange aims to become Asia's benchmark for bitcoin pricing
SGX's iEdge Bitcoin Index and iEdge Ethereum Index will use inputs from exchanges determined by CryptoCompare
 "Singapore Exchange aims to become Asia's benchmark for bitcoin pricing")
From Minecraft trick to Twitter hack: A Florida teen's troubled online path
The teenage 'mastermind' of the recent Twitter breach, who had a difficult family life, poured his energy into video games and cryptocurrency
 "From Minecraft trick to Twitter hack: A Florida teen's troubled online path")
The big hack
Some people fell for the scam and transferred bitcoins equivalent to about $120,000 to the referred wallets
Twitter hack hits Obama, Biden, Musk in Bitcoin scam; stock sinks
Others whose Twitter accounts were caught up in the security incident included Bill Gates, Elon Musk, Kanye West, Uber Technologies Inc, Apple, and Michael Bloomberg
 "Twitter hack hits Obama, Biden, Musk in Bitcoin scam; stock sinks")
Rajasthan crisis LIVE: Ashok Gehlot to address media at 9 am in Jaipur
Petition filed in Rajasthan HC on behalf of Sachin Pilot camp over disqualification notice from Assembly speaker. Stay tuned with Business Standard for all latest news updates.
 "Rajasthan crisis LIVE: Ashok Gehlot to address media at 9 am in Jaipur")
Twitter handles of Obama, Biden, Musk hacked to solicit digital currency
Twitter prevents at least some verified accounts from publishing messages after 'worst hack of a major social media platform'.
 "Twitter handles of Obama, Biden, Musk hacked to solicit digital currency")
Expecting a spike in bitcoin price? Investors say it may take time
There were some expectations that bitcoin would soar, similar to what happened after the two previous adjustments as the "halving" effectively decreased its supply
Bitcoin goes through third 'halving', falls vs USD; outlook remains upbeat
Monday's "halving" cuts the rewards given to those who "mine" bitcoin to 6.25 new coins from 12.5. The next halving will be in 2024.
Bitcoin 'halving' to shore up market value with steady demand: Experts
The previous events fueled huge rallies in bitcoin's market value, but there is a wildcard this time in the form of the coronavirus pandemic, some analysts said.
Bitcoin is like a poetry, can bring a sea change in the world: Jack Dorsey
Dorsey has also hired Bitcoin developers for his payments company, Square
 "Bitcoin is like a poetry, can bring a sea change in the world: Jack Dorsey")
Time for gold and its virtual cousins
Until there is clarity about the type and extent of economic recovery, cryptos will also do well
 "Time for gold and its virtual cousins")
Bitcoin a currency or commodity? Regulators grapple with classification
The debate may appear abstract, with little bearing on the hard-boiled world of finance, but it is attracting increasing interest from economists and lawyers
An African monetary union worth watching
Member-countries will need to work much harder to come anywhere close to the integration they are visualising with the common currency project. It is an important milestone in world monetary history
 "An African monetary union worth watching")
China's own Bitcoin: A roller-coaster ride for money, politics is beginning
The digital yuan can disrupt both traditional banking and the post-Bretton Woods system of floating exchange rates.
