Btc price: Live Updates : Vimarsana.com

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Source : businessinsider.in

The president of El Salvador says the country is exploring using geothermal energy from volcanoes to mine bitcoin following its decision to make the cryptocurrency legal tender

El Salvador's president Nayim Bukele announced his country is exploring using volcanic energy to mine bitcoin. The move comes after El Salvador made bitcoin

Source : businessinsider.in

US bitcoin investors saw quadruple the gains of their Chinese peers in 2020, even though China has the world's highest crypto transaction volume, new study shows

US investors gained $4.1 billion in bitcoin profits last year - nearly four times more than the Chinese, said Chainalysis. This, despite the Asian superpower

Source : businessinsider.in

Bitcoin investors should be more aware of its history of bubbles and price crashes, a crypto entrepreneur explains


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Bitcoin investors should be more aware of its history of bubbles and price crashes, a crypto entrepreneur explains
Bitcoin investors should be more aware of its history of bubbles and price crashes, a crypto entrepreneur explains
Harry RobertsonApr 4, 2021, 14:54 IST
Bobby Lee said the history of bitcoin was one of bubbles bursting and growing againDado Ruvic/Reuters
Bitcoin investors need to be more aware of the asset's history of big booms and busts,
Bobby Lee said.
Yet Lee said he is optimistic about bitcoin long-term, seeing it as an inflationary hedge.
Bitcoin investors should be more aware of the asset's volatile history of bubbles and dramatic price crashes, crypto exchange founder Bobby Lee has said.

Source : businessinsider.in

Bitcoin tumbles 9% after hitting record high above $61,000


Bitcoin tumbles 9% after hitting record high above $61,000
Harry RobertsonMar 15, 2021, 21:00 IST
Cesc Maymo/Getty Images
Bitcoin fell as much as 9% on Monday as investors took profits following a weekend record.
The cryptocurrency climbed as high as $61,742.41 on Saturday and continued to flirt with $62,000 on Sunday.
The consolidation came amid reports that
India is considering a partial ban on cryptocurrencies.
Bitcoin fell as much as 9% on Monday after hitting a record high over the weekend as investors scrambled to take profits.
The cryptocurrency slipped to $54,733.53 at intrasession lows after surging to $61,742.41 on Saturday and continuing to flirt with the $62,000 level through Sunday.

Source : businessinsider.com

Bitcoin price prediction: Why it will drop to $25k then rally to $100k


Strategic Wealth Partners' Luke Lloyd told Insider he sees a massive correction ahead for bitcoin.
Lloyd said regulation fears will be the catalyst for a fall all the way to $24,000.
But he said he thinks its price will recover and surge to $100,000 by the end of the year.
Luke Lloyd is an outspoken bitcoin bull when it comes to his long-term outlook. 
So it might have come as head-scratching news to some when the investment strategist and wealth advisor at Strategic Wealth Partners said on Fox Business' Varney & Co. that he'd cashed out of the cryptocurrency when it hit $40,000 for the first time in January.

Source : businessinsider.in

Bitcoin jumps to within $2 of $50,000 as currency hits new high thanks to Wall Street interest

The price of bitcoin rose by as much as 4.9% on Tuesday, to $50,547.70, an intraday record high. Interest from institutional investors is adding legitimacy

Source : businessinsider.in

Bitcoin mining equipment maker Canaan skyrockets 41% as the cryptocurrency passes $50,000 for the first time


cryptocurrencies and a crypto mining machine shortage.
Shares jumped as much as 41% on Tuesday before paring gains.
Canaan says customers have ordered over 100,000
bitcoin mining machines through 2021.
Shares of bitcoin mining equipment manufacturer Canaan Creative skyrocketed as much as 41% on Tuesday as bitcoin passed the $50,000 mark for the first time.
Canaan's stock has seen monumental price appreciation over the past six months, rising over 770% amid a historic run for cryptocurrencies and a shortage of crypto mining machines.
The Beijing-based company expects to benefit from higher bitcoin prices in 2021 as the cryptocurrency's rise continues to spark increased demand for mining machines that suppliers can't meet. The shortage will likely lead to higher premiums for Canaan's in-demand products.

Source : businessinsider.in

Jim Cramer says it's 'almost irresponsible' for companies not to own bitcoin as the cryptocurrency soars to new highs

Jim Cramer told CNBC on Tuesday that he believes it's "almost irresponsible" for companies not to consider owning bitcoin. The "Mad Money" host said he personally

Source : express.co.uk

Elon Musk: Why has Tesla bought up bitcoin?


Elon Musk: Bitcoin prices have skyrocketed today (February 8) (Image: COINDESK)
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The news has caused a stir on the markets with crypto investors singing Elon Musk's praise.
Paolo Ardonino CTO of Bitfinex, said: "Today’s rise to a new bitcoin all-time high comes as Elon Musk’s Tesla invests US$1.5billion into the world’s biggest cryptocurrency.
"The diversification of Tesla’s investment policy into digital assets adds further momentum to bitcoin’s rise as institutional investors are rushing towards the king of crypto.
"The tectonic plates of the global investment landscape have shifted.
"Etheruem and alt-coins are also in the green while Tether tokens (USDt) make their way towards a market capitalization of $30billion."

Source : businessinsider.in

Cryptocurrency stocks skyrocket as Bitcoin tests new highs

Bitcoin hit news highs of over $44,000 per coin on Monday before paring gains. The rise in digital asset prices is driving crypto-related stocks to huge price

Source : businessinsider.com

Bitcoin investing: Michael Saylor explains billion-dollar crypto bet


Saylor, the chief executive of business intelligence and software company
MicroStrategy (MSTR), raised some eyebrows when he deployed $250 million of its balance sheet to buy bitcoin in August last year. The purchase marked the first time a publicly traded company invested in bitcoin as part of its capital allocation strategy. 
In September, he upped the ante and bought another $175 million worth of bitcoin. The move was followed by Jack Dorsey's
Saylor made the boldest move in early December when he raised $650 million from a convertible bond offering and used the proceeds to buy another 29,646 bitcoins. As of December 21, MicroStrategy had spent a total of $1.125 billion on the 70,470 bitcoins that the company holds as its corporate Treasury reserve, according to an announcement.

Source : businessinsider.in

US stocks slide as disappointing bank earnings prompt end-of-week sell-off

US stocks sank on Friday as investors digested disappointing bank earnings and a December slump in retail sales. Retail sales shrank 0.7% in December as COVID-19

Source : businessinsider.in

Bitcoin slides back below $35,000 as volatile trading week comes to a close

Bitcoin slid on Friday as investors took profits from the volatile trading week. The cryptocurrency fell as much as 11%, to $34,409.04, at intraday lows. The

Source : businessinsider.in

US stocks close mixed as traders await further economic stimulus

US stocks were mixed on Wednesday as investors await further stimulus support from the government. Affirm spiked as much as 110% on Wednesday after the loan

Source : businessinsider.in

Bitcoin frenzy drives 900% surge in assets for crypto investment firm Grayscale


Bitcoin frenzy drives 900% surge in assets for crypto investment firm Grayscale
Ben WinckJan 14, 2021, 22:18 IST
Dado Ruvic/Reuters
Crypto investment firm Grayscale enjoyed a 900% surge in assets under management last year as bitcoin's rally drove multibillion-dollar
inflows.
The firm's assets ballooned to $20.2 billion from $2 billion in 2020, according to a Thursday report. Grayscale's
Bitcoin Trust drove most of the inflows, growing to $17.5 billion AUM from $1.8 billion.
Institutional investors' warming to bitcoin also aided the firm. Such funds counted for 86% of flows into Grayscale products in 2020, as well as 93% of all fourth-quarter inflows.
The firm's rapid expansion came as bitcoin spiked higher through the end of last year. Wider adoption and new interest from

Source : businessinsider.in

US stocks edge higher as investors weigh vaccine hopes against fallout from Capitol riots

US stocks eked minor gains on Tuesday as investors bet on stimulus and COVID-19 vaccines to fuel a swift economic rebound. Still, stocks' lofty valuations

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