Digitization has spread to all areas of the economy and finance, including currency in circulation. Of the 84 trillion US dollars currently being transferred worldwide, only 37% (31 trillion dollars) is in cash; 8.2 trillion in gold; 66.8 trillion in shares and up to 100 billion in transaction volume in cryptocurrencies or digital currencies. In the last decade, the development of these virtual currencies has been unstoppable. According to many data, Bitcoin is the best known in the world. Its price became more stable than gold in 2016 and exceeded the price......
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20 November, 2020
Wall Street: What happens as the price of Bitcoin climbs?
The price of Bitcoin has exploded almost 150% this year and 15% in the last week alone, causing a wave of renewed attention from Wall Street. At a New York...
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19 November, 2020
Bitcoin capitalization in November reaches 18K $
Bitcoin’s market capitalization reached a high of $18,062 at 3:01 UTC, a price point not seen since December 16, 2017. After peaking at almost $18,500, prices dropped back below $18,000...
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11 November, 2020
Vaccine and Bitcoin: Apparently one does not influence the other
Is Bitcoin a store of value correlated with gold or a speculative investment correlated with the stock market? Traders and investors don’t seem to make up their minds, and today’s...
