Bitcoin Price is Going through the Roof; Beats $750
WorldCoinIndex reports a 5.17% increase for BTC against the Chinese Yuan, and 5.75% against the US Dollar. That being said, the biggest gain is coming from the EUR market, with a 7.22% increase over the past 24 hours. It is impossible to ignore the bullish Bitcoin price trend over the past few weeks. Today has been quite a spectacular day so far, as the Bitcoin price briefly surpassed the US$750 mark. Albeit the price has dipped below this threshold, there is still a lot of trading action going on. While it remains unclear if the upcoming Bitcoin halving has anything to do with the price....
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Argentina’s Senate approved an extraordinary one-time wealth tax to fight the coronavirus pandemic by seeking to boost government revenue and targeting millionaires with assets of more than 200 million pesos ($2.5 million). At the same time, the country still faces a 35% inflation. Argentinean Senate Approves New Taxes, While Bitcoin Keeps Skyrocketing Against the Argentine Peso According to El Pais, the measure, citing opposition parties’ statements, could “slow down the investments” in a country whose fiat currency, the Argentinean Peso (ARS) is highly devalued....
In the past 24 hours the price of the world’s top digital currency nearly reached $30 within one hour of trading, raising it above the $740. In doing so, Bitcoin has reached a three year all time high in Europe, rising to €699.50, according to the charts of two European exchanges - Kraken and Bitstamp. A €699 price tag beats its 2016 highs in Europe - in June 2016, it failed to pass the €652 range before being brought further down by the hack on the Bitfinex exchange - to be the highest value the digital currency has had since November 2013, when the USD rate rose to over $1,000 and the....
If you like see-saws, you might like investing in Bitcoin as well. Bitcoin investing does need the courage of your convictions but the rewards can be unparalleled. A glance at Bitcoin rates starting in 2010 will tell us that the currency has been through many ups and downs. While the peak was reached between 2013 and 2014, by 2015 Bitcoin had fallen again to US $200 levels and has been steadily inching its way towards $1000 levels again. However, even in the short term Bitcoin has been volatile, while on May 24, 2016 Bitcoin prices reached US $775, by June 23, 2016 they had again fallen to....
The Bitcoin Price is flying as we speak. It has risen with more than 60 USD, leaping from 530 to almost 590 USD per Bitcoin. That's almost a 12% increase in less than a couple of hours. Now the big question is, what caused this? The Bitcoin Price is Flying! Why?
Following Elon Musk’s Twitter acquisition confirmation last week, the price of Dogecoin (DOGE) went through the roof. For the first time since May of this year, DOGE surpassed the $0.01 mark and temporarily exceeded $0.14. On Monday, DOGE took a small breather, but it was not to last long. As numerous members of the Dogecoin […]