Bitcoin nears $50,000, wider adoption fuels record rally

Feb 14 (Reuters) – Bitcoin hit a new record high and approached $50,000 on Sunday, building on its record rally as Wall Street and Main Street increasingly adopt the world’s biggest cryptocurrency. Bitcoin recently stood at $48,800 on Sunday morning, up 3.2%. It had traded as high as $49,714 earlier in the day. The cryptocurrency…

Episode 181 — Cryptocurrency Review: Matt Stankiewicz Discusses the SEC’s Case against Ripple, Predictions under the Biden Administration, and Bitcoin’s Corporate Surge | Michael Volkov

Matt Stankiewicz, Managing Counsel, The Volkov Law Group, and Michael Volkov discuss the latest events and trends within the cryptocurrency industry. Several major enforcement actions have hit the news recently, such as the CFTC’s case against BitMEX and the SEC’s high-profile action against Ripple and its XRP cryptocurrency. We also discuss potential regulatory movement under…

Bitcoin’s rise reflects America’s decline

A little over 100 years ago, there was a bubble asset that rose and fell wildly over the course of a decade. People who held it would have lost 100 per cent of their money five different times. They would have, at various points, made huge fortunes, or seen the value of their asset destroyed…

Bitcoin $50,000 milestone nears as world’s No. 1 cryptocurrency rises in 2021

Bitcoin prices on Sunday were approaching a psychological milestone around $50,000. The weekend move pushed the world’s No. 1 digital asset to a fresh record mark of $49,716.44, according to CoinDesk, adding to a steady grind toward all-time highs as greater attention and more institutional investments in cryptos has provided a felicitous near-term backdrop for…

This crypto kid had a $23,000-a-month condo. Then the Feds came. – U.S.

Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading. Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm…

XRP pacing towards $1 ignores the uncertain regulatory future

Ripple’s response to the SEC lawsuits dares the regulator to prove how Ethereum and Bitcoin are not securities. XRP bulls yearn for gains at $0.1, but they must overcome the hurdle at $0.75 first. A correction will come into the picture if XRP fails to close the day above $0.6. Ripple is trending higher during…

Report – Regulation Bitcoin News

As the Indian government gets closer to moving forward with the cryptocurrency bill, an official from the Ministry of Finance reportedly explained what discussions the government has been having regarding the crypto bill and the impending legislation. Indian Crypto Bill’s Progress Update The Indian government is getting closer to introducing the cryptocurrency bill in Parliament….