Jan 29, 2021 07:22 PM IST
Musk wrote simply "#bitcoin" in his biography on the social media site. The cryptocurrency was trading at $37,800 as of 0936 GMT. The billionaire entrepreneur, followed by 43.7 million on Twitter, has a record of making market-moving comments on the site.
Jan 21, 2021 04:15 PM IST
The pullback came amid growing concerns that bitcoin is one of a number of financial bubbles threatening the overall stability of global markets.
May 09, 2020 02:40 PM IST
Investors are widely anticipating this so-called "halving," the third in bitcoin's 11-year history. The previous events fueled huge rallies in bitcoin's market value, but there is a wildcard this time in the form of the coronavirus pandemic, some analysts said.
Jan 13, 2020 10:05 PM IST
Circle Fund focuses on investing in projects that will provide long-term value to the blockchain ecosystem as well as maximize financial returns.
Jul 18, 2019 02:08 PM IST
Like other digital currencies, Bitcoin is an alternative to money printed by sovereign governments around the world.
Aug 06, 2018 07:54 PM IST
The researcher claimed to have breached the security BitFi bitcoin wallet, and called the prize money announced to hack the system a marketing strategy.
Jan 08, 2018 11:07 AM IST
Alternative currencies such as Bitcoin or the ones backed by Gold have one feature that is particularly charming in the post-QE world – the promise of finite supply and nil dependence on central planners. Such currencies are supposed to be a free-market counter to ‘deep state’ monetary interference.