Bitcoin price crashes 20% but analysts predict new record highs

The price of bitcoin continued to tumble on Friday amid a market-wide crash. More than $100bn (£71.6bn) has been wiped from the crypotocurrency’s value since Sunday, when it hit an all-time high above $58,000 (£41,500) On Friday afternoon it was trading at about $48,000, up from the morning’s low of $44,279 but marking a near…

Cardano’s ADA Is Now the Third-Largest Cryptocurrency by Market Cap

TipRanks 2 ‘Strong Buy’ Stocks With 7% Dividend Yield You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish sentiment comes as new COVID case numbers are falling, along…

Top NFT Crypto News: 10 Big Stories This Week About the Latest Trend

Non-fungible tokens, commonly referred to as NFTs, are a type of asset built on the blockchain that have become all the rage during the present cryptocurrency boom. While NFTs have been around for years, they’ve drawn increased attention in recent weeks after a number of incredibly lucrative sales. Source: Vladimir Kazakov / Shutterstock.com NFTs are…

Eric Dalius – Marketing Executive, Real estate Investor, Crypto Strategist, and more.

MIAMI, FL / ACCESSWIRE / February 26, 2020 / Eric Dalius, the senior marketing executive and 3rd generation real estate investor, well-known for his crypto investment successes (which to date exceed $100 million), has recently helped complete the $1MM seed round for a Miami Opportunity Zone start-up. He is currently evaluating other business opportunities. Eric…

The value of ‘digital gold’: What is bitcoin actually worth? | Crypto News

Billionaire Elon Musk threw $1.5bn into bitcoin before tweeting that its value does “seem high.” Microsoft founder Bill Gates, a centibillionaire himself, recently warned investors against losing their shirts with risky cryptocurrency, telling Bloomberg News he is not bullish on bitcoin, partly for environmental reasons. And United States Treasury Secretary Janet Yellen said that bitcoin…

Short-sellers take aim at Chinese blockchain firm SOS, shares tumble

Bloomberg Biggest Bitcoin Fund Sinks to Record Discount as Mania Cools (Bloomberg) — The world’s largest Bitcoin fund is selling off faster than the cryptocurrency itself as investors rush to the exits.The $31.6 billion Grayscale Bitcoin Trust (ticker GBTC) plunged 22% this week, outpacing a 17% decline in the world’s largest cryptocurrency. That’s evaporated GBTC’s…

Banks Embrace Crypto, Digital Banking Blossoms

Share Tweet Share Share Share Email The good thing about the world of payments and commerce, Karen Webster observed during the latest edition of The Week in Payments with Erwan Gelebart, CEO at JazzCash, is there is never a lack of things to talk about. The last full week of February 2020 was no exception,…

US Energy Department Floats Solution to Illicit Crypto Mining Malware

Scientists at the U.S. Department of Energy (DOE) are asking the private sector for help in commercializing a super-powerful cryptojacking detection algorithm that government officials believe can help datacenters overcome crypto-mining malware. Disclosed but sparsely described in a Feb. 23 contract opportunity, the technology can sniff out illicit mining software, which harness hosts’ spare computing…

Bitcoin Drops Below $45K, Eyes Biggest Weekly Price Loss Since March 2020

Bitcoin briefly dropped below $45,000 shortly before press time Friday, with the risk jitters felt on Wall Street the day before reverberating across the globe. The cryptocurrency fell to $44,279 at 7:40 UTC (2:40 a.m. ET) – the lowest level since Feb. 11 – after it failed to keep gains above $50,000 for the second…