Bitcoin Surges Toward $80,000 as U.S. Crypto Stocks Rally

Bitcoin briefly touched $79,426 before easing, while Coinbase, Robinhood and Strategy rallied as ETF demand, liquidity expectations and regulatory developments supported crypto markets.

Bitcoin briefly touched $79,426 before easing, while Coinbase, Robinhood and Strategy rallied as ETF demand, liquidity expectations and regulatory developments supported crypto markets.

Comments are due August 21 on a joint U.S. proposal that would require permitted payment stablecoin issuers to establish bank-style customer identification programs.

Cypherpunk acquired 4,902 Z15 Pro miners and U.S. hosting agreements in a $33.33 million equity deal with Winklevoss-linked entities, adding about 18% of current Zcash network hashrate.

The Senate’s next procedural vote on H.R. 3633 is now set for September 15, when a cloture motion on the motion to proceed will ripen at 2:15 p.m.
Bitcoin breaking out to the upside again in its march forward has many wondering whether they should invest in it. This should only be done if you understand how to read a chart. To those who seek to understand financial markets fundamentally, Bitcoin trading presents itself as quite a conundrum. If you are prone to […]
Legendary hedge fund manager Paul Tudor Jones, like the majority of investors, believed that gold was the best hedge against inflation. He’s changed his mind. Paul Tudor Jones knows his stuff, and is not only one of the most famous hedge fund investors in the world, he’s also widely regarded as one of the best. […]
We’re not sure why Federal Reserve member Neel Kashkari feels that he’s qualified to speak about investments. What he lacks in knowledge, he more than makes up for with contempt. If you wish to speak about investments, it’s a good idea to at least be familiar with the basics. While the Federal Reserve does important […]
Bitcoin is at least becoming more mainstream, with big institutions such as ICE and Fidelity coming on board. Our understanding of Bitcoin still has a long way to go though. The fact that Bitcoin trading has started to mature a little, with it now being able to be traded on the futures market for instance, […]
Tuesday was not an exciting day for those holding Bitcoin, as it dropped 14% in value in about an hour and a half. Neglecting the trends with Bitcoin can be very expensive. Bitcoin has been on quite a ride in 2019, and is still up well over 100% for the year even after the big […]
We might think Bitcoin would be the last thing anyone would use to hedge anything, given its massive volatility. As it continues to evolve, this might not be a crazy idea after all. Cryptocurrencies at least have the potential to hedge other things such as other currencies or stocks, simply because its market isn’t dependent […]