Bitcoin prices were carving out fresh records Wednesday but where the cryptocurrency heads from here is an open question. A single bitcoin BTCUSD, +5.39% hit a record high at $ 51,735.38 earlier in the day, according to CoinDesk and predictions see the world’s No. 1 crypto doubling before year-end, while …
Read More »Cryptos: Why is dogecoin dropping? The crypto has tumbled 20% since its Monday record
A doge’s breakfast? The popular dogecoin crypto asset, engineered as a joke back in 2013, has tanked over the past week after reaching a record value on Monday, leaving few investors laughing. Dogecoin, at last check, was trading at 0.06784 cent, down over 20% from its Feb. 7 record high …
Read More »Cryptos: Bitcoin ETF? A crypto Holy Grail. But don’t expect to see one soon, say experts
Bitcoin prices are on the rise, notwithstanding a recent bout of weakness, but experts interviewed by MarketWatch caution that although it may feel inevitable, an exchange-traded fund backed by a digital-currency may not be seen as quickly as enthusiasts might hope. “The SEC appears to have a very high bar …
Read More »Cryptos: Bitcoin plunges 26%, its sharpest selloff in 7 years
Cryptocurrencies were not immune to the coronavirus-related selloff on Wall Street on Thursday, as the price of bitcoin plummeted 26%, its worst daily selloff in seven years. Bitcoin BTCUSD, -3.76% was recently trading below $ 5,700, as the world’s largest digital currency by market cap has lost nearly a …
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