Cryptocurrency

Bitcoin rallies to all-time high as traders eye Coinbase Global l

Bitcoin jumped to an all-time high as the mood in cryptocurrencies turned bullish ahead of Coinbase Global Inc.’s listing this week. The token rose as much as 5.3 per cent to $63,179, exceeding the previous peak in March. Cryptocurrency-exposed stocks such as Riot Blockchain Inc and Marathon Digital Holdings also advanced in US premarket trading….

Bitcoin rallies to all-time high of $62,741 before landmark Coinb

Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day ahead of Coinbase’s initial public offering. The largest U.S. cryptocurrency exchange’s listing on the Nasdaq on Wednesday is considered a landmark victory for cryptocurrency advocates. The world’s biggest cryptocurrency, which has growing mainstream acceptance as an investment and…

Led by Bitcoin, global cryptocurrency market crosses $2 tn for fi

Led by Bitcoin, the global cryptocurrency market has zoomed past $2 trillion in market capitalisation amid a surge in institutional demand. Bitcoin alone has contributed more than $1 trillion after its price more than doubled in 2021 and is currently hovering around $57,000 per digital coin. The other key cryptocurrencies — Ethereum, Binance Coin, Polkadot,…

Cryptocurrency market value surges to all-time high of $2 trillio

The cryptocurrency market capitalisation hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand from both institutional and retail investors. By mid-afternoon, the crypto market cap was at $2.02 trillion. The surge was led by bitcoin, which hit…

Coinbase gets all-clear from SEC, setting stage for landmark cryp

Coinbase Global Inc, the largest U.S. cryptocurrency exchange, has received approval from regulators to list its shares on the Nasdaq, paving the way for a landmark victory for cryptocurrency advocates. The decision from the U.S. Securities and Exchange Commission (SEC) is another boost to the legitimacy of digital currencies, which are rapidly gaining acceptance from…

After Visa, PayPal Holdings launches cryptocurrency checkout serv

PayPal Holdings will announce later on Tuesday that it has started allowing US consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce. Customers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will…