Bitcoin, the world’s largest cryptocurrency by market value, hit a record high on Sunday and was up nearly 2.7% at US$125 245.57 at 7.12am SAST. Bitcoin’s previous record was $124 480 in mid-August, buoyed by friendlier regulations from US President Donald Trump’s administration and strong demand from institutional investors. The cryptocurrency had risen on Friday for an…
Bitcoin extended its rally on Friday, rising to new records overnight after bitcoin ETFs saw their biggest day of inflows of the year. The price of the flagship cryptocurrency was last higher by 4% at $117,955.25, according to Coin Metrics. Earlier, it rose as high as $118,872.85. Ether rose 6%, crossing back above the $3,000…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024. Bloomberg | Bloomberg | Getty Images Meta shares hit a record high on Monday, underscoring investor interest in the company’s new AI superintelligence group. The company’s shares reached $747.90 during midday trading, topping Meta’s previous stock…
