article thumbnail

Crypto Market Tops $1 Trillion As Bitcoin Smashes Records

PYMNTS

Bitcoin hit more than $37,700, a new record high that helped drive the cryptocurrency market beyond $1 trillion, CNBC reported on Thursday (Jan. Singapore time, bitcoin was up 5 percent over the day before. Some bitcoin bulls have called bitcoin “digital gold,” CNBC said, with J.P. At about 2:42 p.m.

Bitcoin 332
article thumbnail

Cryptocurrency Market Tumbles; Bitcoin Falls 12 Percent

PYMNTS

The price of bitcoin kept going up and up and up for months — to a high of more than $40,000. 11), the market came crashing down. CNBC reported that bitcoin (BTC), the largest cryptocurrency by market capitalization, fell over 12 percent from a day earlier, to as low as $30,863. Then, on Monday (Jan. Last week (Jan.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Time to buy bitcoin?

Chris Skinner

As usual, during this period of pandemic, there’s been a rollercoaster of events for those of us involved in financial markets. appeared first on Chris Skinner's blog.

Bitcoin 380
article thumbnail

Bitcoin Breaks Through $20,000 Mark, Hits Record Highs

PYMNTS

Bitcoin continued its ongoing surge in price Wednesday (Dec. The price of a bitcoin traded higher by 5.6 This is the domino effect as asset managers tumble their portfolios into bitcoin,” Charles Hayter, CEO of market data provider CryptoCompare, told CNBC. percent, hitting around $20,600. What’s up looking ahead?

Bitcoin 343
article thumbnail

DOJ Investigates Bitcoin For Market Manipulation

PYMNTS

Justice Department is investigating whether bitcoin’s record-breaking performance last year was caused by market manipulation. Late last year, the value of a single bitcoin hit $9,143, climbing nearly six points in just 24 hours for a market cap north of $152 billion. dollar, to help bitcoin reach its record highs.

Bitcoin 185
article thumbnail

Bitcoin Daily: Japan's SBI VC Trade Debuts Crypto Lending; Bitcoin Closes In On All-Time High

PYMNTS

Bitcoin continued its price climb today (Nov. While that price apex was followed by a bubble burst and bitcoin fell to $3,122 in 2018, analysts and crypto fans predict this wave is different. “We The platform, VC Trade Lending, will support just bitcoin initially, but has plans to add Ether and XRP support.

Bitcoin 339
article thumbnail

French Court Says Bitcoin Is Money

PYMNTS

A French court has decided that bitcoin is money, the first time a court in France has issued such a ruling, according to a report from Les Echos Sunday (March 8). The decision came about following a clash between the Bitcoin marketplace Paymium and the crypto investment company BitSpread. An argument in the U.S.

Bitcoin 280