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Posted on November 16, 2021

Bitcoin falls more than 4% to near $60,000

Bitcoin, the world’s biggest and best-known cryptocurrency, fell more than 4% on Tuesday as it extended a decline through a week that also included an upgrade to its blockchain.
Posted on November 16, 2021

El-Erian says he bought bitcoin but sold too early — here’s when he’d feel comfortable buying again

Allianz’s Mohamed El-Erian says he purchased an unspecified amount of bitcoin when it plunged close to $3,000 in the “crypto winter” of 2018.
Posted on November 16, 2021

Bitcoin Drops Toward $60,000 Level Amid Broad Crypto Retreat

Bitcoin slid toward the $60,000 level amid a broad retreat in the cryptocurrency market. The largest digital token was trading 4.5% lower at about $61,000 as of 11:57 a.m. in Singapore on Tuesday.
Posted on November 16, 2021

Bitcoin drops nearly 7% toward $60,000 as major cryptocurrencies plunge

Bitcoin and other cryptocurrencies including ethereum fell sharply on Tuesday retreating from near-record highs.
Posted on November 16, 2021

Some investors think Bitcoin could break $100,000 by year end: Korea Blockchain Association

Harold Kim of Korea Blockchain Association says many investors are expecting NFT and DeFi product launches to boost cryptocurrency prices, adding that the regulatory environment will remain a focus.
Posted on November 15, 2021

Satoshi Nakamoto’s $64 billion Bitcoin stake is the focal point of a Florida trial — here’s what’s going on

The family of a deceased man is claiming their family member helped create Bitcoin. The creator’s identity has long been a point of major interest.
Posted on November 15, 2021

Explainer: Bitcoin goes through major upgrade. Here is what it means

Bitcoin went through a major upgrade on Sunday that enables its blockchain to execute more complex transactions, potentially widening the virtual currency’s use cases and making it a little more …
Posted on November 15, 2021

Bitcoin creator Satoshi Nakamoto now 15th richest person in the world

Satoshi Nakamoto, the pseudonymous creator of bitcoin, is now the 15th wealthiest person in the world after the cryptocurrency’s recent price rally. Nakamoto’s net worth is estimated to be up to $73 …
Posted on November 15, 2021

Anthony Scaramucci says bitcoin will go up at an “exponential” rate and will eventually eclipse gold as an inflation hedge

The SkyBridge Capital boss said he believed gold would eventually be overtaken by bitcoin as an inflation hedge.
Posted on November 15, 2021

Bitcoin price prediction model that sees crypto double in value before 2022 ‘still in play’

A price prediction model that puts bitcoin on track to hit six figures before the start of 2022 is “still in play”, according to its creator. Pseudonymous Dutch analyst PlanB first published the …

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