Bitcoin tumbles below $50,000 as caution about rally takes hold

Bitcoin slid Tuesday after a bout of volatility highlighted lingering doubts about the durability of the token’s mesmerizing rally. The cryptocurrency fell as much as 11% to below $50,000. At one point Monday the digital currency plunged 17% before paring the worst of the slide. It’s still up some 400% in the past year, a […]

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Judge cryptocurrency by technology, and not the other way around

Some of the biggest beneficiaries of the Covid-19 disruption have been those operating in the virtual space; e-commerce being a prominent one. So much so, it has suddenly become the lifeline. And digital payment has become the norm in large swathes of transactions and trade. By the end of 2020, global e-commerce was growing at […]

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Bitcoin might be a good investment but Bitcoin mining stocks aren’t

If you believe in Bitcoin, you buy Bitcoin. And if you’re wary, you stay away. That’s about the simplest way of calculating your investment options when it comes to the world’s most infamous speculative bet. Of course, you can join the hoards of Telegram and Reddit groups claiming to understand and predict the twists and […]

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Bitcoin jumps to all-time high as cryptocurrency fever continues

Bitcoin jumped again on Wednesday to set another all-time high after breaching $50,000 for the first time a day earlier. The largest cryptocurrency rose as much as 4.8% to about $50,927, according to a composite of prices compiled by Bloomberg. The token is up more than fivefold in the past year. Bitcoin’s rally for some […]

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