Tag Archives: Cryptocurrencies

Bitcoin @ $22,000: Should you dump gold for the crypto? Your query answered

By | December 17, 2020

One of the world’s biggest digital currencies Bitcoin, surpassed $22,000 for the first time today, achieving yet another milestone in what’s been a jaw-dropping rally for the controversial digital asset this year.To put things in perspective, the digital currency has almost tripled this year, rising nearly 200% on a year-to-date basis, and has been clocking its… Read More »

Bitcoin hits record high of $19,808 after sharp decline last week

By | November 30, 2020

Bitcoin hit a record high on Monday of $19,864, breaking its prior record set in Dec. 2017 as its 2020 rally powered on. The world’s biggest virtual currency was last up 7.3% at $19,524. Bitcoin has gained more than 170% this year, fuelled by a demand for riskier assets… Read More »

Cryto boom shaken as Bitcoin, other coins nosedive after record rally

By | November 26, 2020

Bitcoin plunged on Thursday in a sell-off that saw other digital assets fall more than 20%, a slide likely to stoke speculation about the durability of the latest boom in cryptocurrencies. The largest token fell as much as 14% in Thursday trading, heading for one of its worst days since the pandemic-spurred liquidation in… Read More »

Cryptos may outrun other asset classes over 2 yrs; be mindful of the risk

By | November 20, 2020

Cryptocurrencies as an asset class gained through the pandemic. The two most popular cryptos (by trading volume, and also market-cap) are Bitcoin and Ethereum. Since January, Bitcoin has risen about 141 per cent, while Ethereum is up over 250 per cent. Both are at three-year highs. Cryptos are speculative stores of value. Coins are… Read More »