The digital currency was trading up 3.3% at $54,206 amidst a broadly supportive risk rally, climbing toward a record high of $58,354.14
Evercore technical analysis suggests prices could hit $75,000
The market has flourished despite complicated official attitudes towards cryptocurrencies in China
Tesla Inc's $1.5 billion bitcoin bet saw it join business software firm MicroStrategy Inc and Twitter boss Jack Dorsey's payments company Square Inc in swapping some traditional cash reserves for the
A High-Level Inter-Ministerial Committee (IMC) was constituted under the Chairmanship of Economic Affairs Secretary on digital currencies and it has submitted its report
The Tesla Inc. chief executive officer lost $27 billion since Monday as shares of the automaker tumbled in the selloff of tech stocks
Shares of Good Works rose 15.9% to $11.59 after markets opened for trading on Friday.
Many view bitcoin as a good inflation hedge
Sovereign currency issuers will have to think of themselves less as lords and masters and more as service providers in a free market of digital cash
Bitcoin has fallen 12.7% from the year's high of $58,354.14 on Feb. 21
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The cryptocurrency was last trading at $51,607
The trading desk reboot comes amid growing interest by institutions in bitcoin, which has soared more than 470% over the past year
Bitcoin is at a "tipping point" and could either become the preferred currency for international trade or face a "speculative implosion," Citi analysts said.
Bitcoin is still up more than five times over the past year, a divisive rally pitting believers in a new asset class against naysayers who see a speculative bubble
Bitcoin dropped 6.39% to $43,165.78 on Sunday, losing $2,944.20 from its previous close.
The sell-off echoed that in equity markets
For Gates, it's not something Main Street should buy into - plus it's bad for the environment as mining the coins requires a lot of energy.
The firm said in December that it had confidentially applied with the US Securities and Exchange Commission (SEC) to go public
It is safer to build a diversified basket of cryptocurrencies