In brief Bitcoin's price has reached a new all-time high of $21,000 today. • The sudden surge might have been catalyzed by the influx of institutional …
What's Going On With Bitcoin?
The price of Bitcoin continues to rally in 2020, having surpassed $20,000. But what's causing it to skyrocket? In this Storyboard, the writers at Decrypt Media explore the cryptocurrency's Bull run, the trend of institutional investors embracing it as an alternative asset, and why it's seeing more adoption from consumer-facing companies such as PayPal.
Photo: cdn.decrypt.co
In brief Three years ago, the CEO of America’s biggest bank called Bitcoin “a fraud.” • Today, as the cryptocurrency’s price soared, its market cap beat …
In brief The price of Bitcoin has gone above $20,000 for the first time ever. • Bitcoin recently hit an all-time high price of $19,783. • Within a month of …
In brief Bitcoin beat the stock market for 8 of the past 10 years. • But when Bitcoin crashed, it did worse than all other asset classes. • Goldman Sachs …
In brief The cost of sending Bitcoin usually increases when the price of the cryptocurrency rallies. • But despite Bitcoin fast approaching an all-time …
In brief Bitcoin's price has been increasing for months, and there are several reasons behind the surge. • High-profile figures and companies have …
In brief Christine Sandler, head of sales and marketing at Fidelity Digital Assets, explained why interest in Bitcoin surged among institutional …
In brief MicroStrategy invested $425 million in Bitcoin during August and September of this year. • The company's Bitcoin holdings are now worth $517 …
Payments giant PayPal today announced that all of its US users can now start trading Bitcoin on its platform. "We are pleased to announce that all …
In brief PayPal's decision to support cryptocurrencies could be a historic moment for Bitcoin, say experts. • With a global active user base of 346 …
In brief Open interest on the CME Bitcoin futures hit a new high of $841 million at the start of the week. • Right now, the latest figures put it at $800 …
In brief Bitcoin’s halving took place yesterday • But it didn’t budge the price, as some hoped. • Still, it was a monumental event At 7pm UTC yesterday, …
In brief: The Bitcoin halving just occured. It now has lower inflation than gold. • The halving counters economic policy, such as the printing of the US …