Bitcoin climbs to $US50,000 as 'crypto bubble' surges to 'insane' levels
Bitcoin climbs to $US50,000 as 'crypto bubble' surges to 'insane' levels Posted TueTuesday 16 updated WedWednesday 17 Adam Malolepszy was initially a cryptocurrency sceptic but has since bought bitcoin and dogecoin. ( Share Print text only Cancel For years, Adam Malolepszy had resisted the urge to bet on cryptocurrency, telling his friends it was a "bubble waiting to burst". Key points: It surged to record highs after endorsements by Tesla, Paypal, Square, Mastercard and BNY Mellon Tesla CEO Elon Musk warned that cryptocurrencies should be treated as "speculation" Then in mid-December, the i...
Source: abc.net.au