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Bitcoin Price Forecast: BTC/USD Pushes to New Heights Amid Corporate Adoption

Bitcoin has surged to new heights after breaking above $50,000 for the first time Tuesday The cryptocurrency has received a boost from corporations like Tesla, PayPal and Morgan Stanley that have either invested in the coin itself or are looking to increase accessibility to the market Bitcoin vs Gold: Top Differences Traders Should Know Bitcoin Price Forecast: BTC/USD Pushes to New Heights Amid Corporate Adoption In all too familiar fashion, Bitcoin notched new highs Wednesday just hours after the cryptocurrency breached $50,000 for the first time in history. Even as risk appetite waned in assets like the Nasdaq 100, Australian Dollar and crude oil , demand for the digital asset remained steadfast. Now more than 75% higher in the year-to-date alone, some Bitcoin believers argue the case for a continuation higher has never been stronger as corporations begin wading into the cryptocurrency market.

Bitcoin price today: How much is one bitcoin worth after crash?

| UPDATED: 19:59, Wed, Jan 13, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Bitcoin s price has reassuringly steadied noticeably since the start of the working week. Marcus Swanepoel, CEO of cryptocurrency exchange Luno, believes last week’s dramatic events are simply something to be expected from time to time.

Bitcoin price news: Will BTC bounce back? Experts urge look at the big picture | City & Business | Finance

| UPDATED: 18:25, Tue, Jan 12, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Bitcoin s price may have started to stabilise today, hitting highs of approximately $36,540 (£26,820) after perilously plunging to a little north of $30,500 (£22,384) on Monday morning amid continuing crypto turbulence. Trending Bitcoin has since fallen slightly further and is trading at $34,698 (£25,452) as of 5.30pm GMT, CoinDesk data indicates.

Bitcoin price news: Will Bitcoin bubble burst - Experts split - unsustainable | City & Business | Finance

| UPDATED: 21:16, Mon, Jan 11, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Despite hitting record highs of $41,962 on Friday, bitcoin this afternoon slumped to just above the $30,000 psychological threshold. The digital currency has recorded losses of approximately 20 percent since Sunday at the time of writing.

Inside This Fund Manager s Bet on Kentucky Whiskey as a Crypto Asset

By Jack Denton Order Reprints Text size Bourbon, by U.S. law, must be aged in new oak barrels. The maturation is also how whiskey increases in value. Agence France-Presse/Getty Images The fund managers at Wave Financial Group considered different options when they were looking for an investment they could turn into a digital asset. Fine art, wine, and racehorses all lost out to America’s humble native spirit: Kentucky whiskey $2.5 million worth of it. The group’s Kentucky Whiskey 2020 Digital Fund purchased 2,500 barrels of new whiskey in 2020, betting that the barrels will increase in value by three to five times in the course of the five years they spend stored in a warehouse in Kentucky. The group initially had a higher target of 25,000 barrels.

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