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 Times conference on Wednesday, billionaire JPMorgan Chase Chairman and CEO Jamie Dimon, who in 2017 sadly called bitcoin a fraud, now said he is a “believer” in Blockchain technology. Meanwhile, at the Forbes Wealth Management Summit, DoubleLine Capital CEO Jeffrey Gundlach said: “Bitcoin has made me a true man in 2020” Thus, Gundlach, promoted his January prediction that prices would eclipse this......
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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...
