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Crypto Market Tops $1 Trillion As Bitcoin Smashes Records

PYMNTS

Bitcoin hit more than $37,700, a new record high that helped drive the cryptocurrency market beyond $1 trillion, CNBC reported on Thursday (Jan. Singapore time, bitcoin was up 5 percent over the day before. Some bitcoin bulls have called bitcoin “digital gold,” CNBC said, with J.P. At about 2:42 p.m.

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Bitcoin Breaks Through $20,000 Mark, Hits Record Highs

PYMNTS

Bitcoin continued its ongoing surge in price Wednesday (Dec. The price of a bitcoin traded higher by 5.6 This is the domino effect as asset managers tumble their portfolios into bitcoin,” Charles Hayter, CEO of market data provider CryptoCompare, told CNBC. percent, hitting around $20,600. What’s up looking ahead?

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Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers

PYMNTS

Corporate travel manager CWT paid $4.5 million worth of bitcoin in ransom this week to hackers who said they seized control of 30,000 company computers and two terabytes of data, Reuters reported on Friday (July 31). “RagnarLocker is a simple ransomware, much like others that exist in the criminal market.

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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

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Bitcoin Rally Here to Stay – Or Fleeting?  

PYMNTS

Amid the rallies that have marked all manner of asset classes in 2020 – where things hummed along to start the year, turned sour in the spring and then rebounded (nay, roared) into the waning months, bitcoin stands out. But now, at least some asset managers have been embracing bitcoin as a hedge against currencies and gold.

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Bitcoin Daily: 20 Pct Of Bitcoin Trapped In ‘Lost’ Wallets; Goldman Says Bitcoin Is Maturing

PYMNTS

Goldman Sachs Global Head of Commodities Research Jeff Currie told CNBC the bitcoin market is maturing. “I I think in any nascent market you get that volatility and those risks that are associated with it,” he said, according to CNBC, following a sharp tumble on Monday (Jan. In other news, about 20 percent of the 18.5

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Bitcoin Verses Gold: Goldman Sachs Analyst Says Bitcoin Will Likely Increase Market Share

Banking Exchange

The gold investment market is just over $2.5 billion, and the Bitcoin market is about $700 million, but the momentum is on the side of Bitcoin… Risk Management Feature3 Feature Financial Research The Economy Financial Trends Lines of Business Blockchain Bitcoin Cryptocurrency.

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