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…
