Bitcoin's journey into mainstream finance has achieved another significant milestone-- another record price. The cryptocurrency was trading at US$ 66,975 (₤ 48,456), after the launch of an exchange-traded fund (ETF), which has dramatically raised bitcoin's direct exposure to investors.The fund, that opened on October 19, permits investors to speculate on the future value of...
We understand Elon Musk is a fan; however, what is all the fuss around, and when will the Bitcoin bubble burst?Comparable to the stock market, the cryptocurrency market is regularly subjected to extreme cost variations-- both upwards and downwards. Tesla recently buying $1.5 billion worth of Bitcoin is simply one example of how the...
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