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A visual representation of the digital crypto-currency Bitcoin, at the 'Bitcoin Change' shop in the Israeli city of Tel Aviv JACK GUEZ/AFP via Getty
A visual representation of the digital crypto-currency Bitcoin, at the 'Bitcoin Change' shop in the Israeli city of Tel Aviv JACK GUEZ/AFP via Getty
Suspects detained for allegedly scamming tens of millions of shekels out of victims abroad; parallel arrest raids carried out in other countries
Bitcoin’s flirtation with mainstream acceptance and gravity-defying climb in price have made headlines around the world. Underneath the mania is a potential sea change in the world of finance that observers say was made possible by a global pandemic. And what’s at stake is nothing less than a war for the future of money.
Will Bitcoin Price Hit $50,000 In 2021? KEY POINTS Bitcoin was briefly rejected at $50,000 Anthony Scaramucci said the price should go up soon With Bitcoin continuing to rally to new all-time highs every week, questions remain regarding whether it can break $50,000 after the first effort was met with immediate resistance. On Sunday, Bitcoin traded as high as $49,714, a new all-time high, before closing at an all-time daily high of $48,680. The following day, however, a reversion occurred, with Bitcoin currently trading at $46,731 at the time of writing. There was a clear sell volume, and m...