Bitcoin is being accepted as a mainstream currency. Bitcoin’s rally to a fresh all-time high of more than $120 000 (or over R2 million at current exchange rates) has triggered a wave of profit-taking, sending the crypto-currency down 2.35% in early Tuesday trade. Despite the dip, analysts and major investment houses remain confident the bullish…
TLDR Bitcoin surged past $120,000 for the first time on Monday, setting a new all-time high of $122,571.19 before settling around $121,952.61, up 2.4% on the day The rally comes ahead of a critical week in Washington, where lawmakers will debate long-awaited crypto legislation Trump’s support, alongside growing institutional demand and sustained bullish momentum, has…
Bitcoin hits $118 000 in fresh high. Bitcoin surged to a new all-time high on Friday morning, trading at over $118 000 per unit (or more than R2 million), as geopolitical tensions and shifting investor sentiment saw capital flowing into alternative assets. Christo de Wit, Luno country manager, says the price has been bolstered by…
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…
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Bitcoin has surged past $112,000 (approximately R2 million) this week, setting a new record high, and has continued to climb. This unprecedented climb for the original cryptocurrency, which saw a 3.1% rise to $112,009, brings its year-to-date gain close to 20%. The milestone underscores a widespread speculative momentum gripping markets, impacting everything from technology stocks…
Bitcoin climbed to an all-time high near US$112 000 late on Wednesday, bolstered by an increased risk appetite and persistent institutional demand as traditional financial market players embraced the world’s largest cryptocurrency. It touched a record peak of $111 988.90 and was last up 0.4% at $111 259. Since the beginning of the year, bitcoin has advanced more…
On 18 June, something remarkable happened on the bitcoin blockchain. A series of 2 087 transactions totalling nearly 18.5 bitcoin, worth close to US$2-million (R35.5-million), was sent to a single address: 1FuckiRGCTerroristsNoBiTEXXXaAovLX. The message embedded in that address left little to interpretation. It was a public and permanent insult aimed at Nobitex, Iran’s largest cryptocurrency…
