Two to tango: The return of Bitcoins & Trump
1 month, 1 week ago

Two to tango: The return of Bitcoins & Trump

Live Mint  

As Donald Trump prepares to take charge as president, the talk of the town once again is cryptocurrencies, with analysts saying Bitcoin prices may cross $100,000 soon. Donald Trump’s victory is propelling Bitcoin to new highs almost every day, with the cryptocurrency breaching the $81,000 mark for the first time on Monday. Electric car maker Tesla, the fourth largest holder of Bitcoin among US public companies, has recently sold approximately $765 million worth of Bitcoin to unknown wallets. The US’s largest asset management company, Blackrock’s spot Bitcoin ETF is one of the fastest growing exchange traded funds.

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