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…
