Bitcoin has continued to rise, hitting $18,172 Wednesday morning (Nov. 18), the first time the cryptocurrency has climbed above $18,000 since December 2017, CNBC reported. It fell slightly, hitting 17,542.52 as of 3:39 p.m. Eastern Time. While the digital coin has been going through waves...
Bitcoin is briskly getting close to the peaks that brought about a crypto madness and concluded with a dramatic market downfall nearly three years prior, Bloomberg reported. The digital currency reached a high of approximately $17,860 on Tuesday (Nov. 17). It has risen by over...
A Citibank senior analyst predicted that bitcoin could reach $318,000 by December 2021 in a report written for Citibank’s institutional clients, according to CoinDesk. Thomas Fitzpatrick’s report was leaked on Twitter Friday (Nov. 13) by user “ClassicMacro,” who noted in a tweet, “there is no...
The Albany Airport is using a blockchain-based app to track the cleanliness of surfaces and objects in the airport due to health concerns with the pandemic, according to a report from Cointelegraph. The Wellness Trace App was developed by General Electric in partnership with TE-FOOD and...
Crypto payment services provider BitPay has unveiled a new mass payout offering, BitPay Send, which lets entities of different sizes make payments to workers, clients, affiliates, suppliers, contractors and others with digital currency, according to a Thursday (Nov. 12) announcement. AdGate Media is among the...
The count of bitcoin ATMs has jumped this year, rising by 85 percent to just under 11,800, CoinDesk reported. The border-free network of bitcoin allows for money to be easily moved in any amount internationally, according to the outlet, which noted that the rise in...
The U.K. Treasury Department is researching use cases for a central bank digital currency (CBDC), as well as drafting regulatory proposals for private stablecoins, U.K. Treasurer Chancellor Rishi Sunak said in a press release. The announcement did not specify the regulations, but it did note...
As other stocks rebounded at the news of a breakthrough in Pfizer and BioNTech’s joint COVID-19 vaccine, bitcoin fell sharply to nearly $14,815, according to CoinDesk. By the end of the day, the stock had risen slightly, hitting $15,369.783 at 5:16 p.m. ET, but still...
Dubai International Finance Centre (DIFC) has announced that Ripple has set up its new headquarters in the Centre, a press release says. According to the release, Ripple chose DIFC for its “innovative regulations, expansive network and reputation as a leading global financial centre,” according to...