On the heels of Biden s big blowout, the dollar is tumbling.(biggest 3-day slump since the election/vaccines in early Nov).
Source: Bloomberg
And bitcoin surged back up near $58,000, erasing the losses from its record highs in mid-Feb.
Source: Bloomberg
Did Washington just cut the rope from reality?
On Thursday China s parliament approved a resolution to impose sweeping changes on Hong Kong s electoral system which is ultimately aimed to ensure that mainland loyalists are in firm control of running the city.
The new requirement of patriotism to run for Hong Kong s legislature means the likelihood that future elections will merely be a competition among candidates over who is more loyal to Beijing, rather than running based on bettering the city.
Despite its critics, bitcoin has seen a meteoric rise in 2021 as companies have embraced the mainstream adoption of digital currencies, prompting them to make their own investments.
BlackRock Announces BTC Investment, Bitcoin Price Climbing Higher coinspeaker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coinspeaker.com Daily Mail and Mail on Sunday newspapers.
Share:
Meet the 30 Private & Public Companies with Bitcoin Reserves Totaling Over $55 Billion
BitGo, the leading digital asset financial services company, issued a blog post discussing 30 private and public companies that are the first movers to add Bitcoin to their balance sheet or portfolios.
Bitcoin has attained newfound ubiquity over the past year, with prominent figures ranging from Bridgewater s Ray Dallio to Tesla s Elon Musk acknowledging the viability and utility of the asset class. Often referred to as ‘digital gold, Bitcoin is supported by a resilient, peer-to-peer global ledger called a blockchain. Like gold before it, Bitcoin is perceived to be a hedge against rising inflation of the dollar and other global fiat currencies. Bitcoin s popularity and adoption as a reserve asset has further increased over the past year due to the fallout from the Covid-19 pandemic and subsequent monetary expansion.