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Bitcoin has pulled back following a sharp rally. It's a good time to consider the cryptocurrency's pros and cons as it gains prominence in financial markets. This story will consider potential benefits and risks of Bitcoin, which was launched in 2009 and last month...
Tesla's $1.5 billion Bitcoin purchase didn't just send prices to new record highs. It also produced an unusual concentration of interest in the world's biggest cryptocurrency at the expense of Altcoins like Ethereum. Bitcoin Dominance jumped 3.74 percent yesterday,...
Bitcoin broke above $20,000 today for the first time ever, hours before the Federal Reserve readies another dose of monetary stimulus for a struggling economy. TradeStation data shows prices crossing that key line at 8:43 a.m. ET today. It was just one day less than...
Summary President Donald Trump’s tweet about a suspension of stimulus talks sent world markets seesawing.Square (SQ) converted $50 million into Bitcoin (BTC) Global markets went on a roller-coaster ride this week following news that President Donald Trump had...
Bitcoin is having its worst week in over three months. Is it a bargain? Let's review a common valuation model for perspective -- the "stock to flow" model. The Stock-to-Flow model attempts to value BTC in a way similar to other scarce assets like gold and silver. Its...