#Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy.
— Michael Saylor (@michael_saylor) September 18, 2020
$104,733.00
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-9.21%Reading
Bitcoin, the largest cryptocurrency by market cap, failed to hold on to prices above $14,000 this weekend. Despite breaching the $14k barrier on Saturday, Bitcoin today slumped back on the wrong side of the zeroes. Its current price is $13,740, according to data from metrics site CoinMarketCap.
Today, all traders can do is share stories of yesterday's success. Yesterday, Bitcoin hit $14,028, the highest price since January 2018. And what's more, on the twelfth birthday of its whitepaper—and on Halloween, to boot.
Bitcoin’s price today hit $14,000, the day of the twelfth birthday of its whitepaper. That’s right, 12 years ago, to this day, Satoshi Nakamoto, Bitcoin’s pseudonymous creator, published the whitepaper that made all of this happen, including this clause right here, and this one, and this tweet: #Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy. — Michael Say...
In the broader picture, today's setback hardly matters. Bitcoin started the month at about $10,500, meaning it's increased by about $3,500 in under four weeks.
Bitcoin's price spike coincides with several major world events, including the pandemic and the US election. It has attracted large investors in recent months, such as Square and MicroStrategy. PayPal also announced that users could buy and sell the cryptocurrency.
#Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy.
— Michael Saylor (@michael_saylor) September 18, 2020
GameStop shares plummeted on Thursday after the video game retailer announced that it would offer investors $1.75 billion worth of convertible senior notes, a form of corporate debt that Bitcoin-buying firms like Strategy have tapped to accumulate the asset. The Grapevine, Texas-based firm’s stock price had dropped 22% to $22.12, as of noon Eastern Time, according to Yahoo Finance. GameStop shares changed hands around $25.40 in late March, when the company said that it could start leveraging Bit...
A new browser extension converts prices on every site into Bitcoin and Sats, the smallest denomination of the orange coin. Its creator says that the extension is a step towards mass adoption, will help him in his personal life—and might even stop unnecessary purchases. Ninja blender: 84,182 sats. Lamborghini Aventador: 3.83 BTC. A luxury five-bedroom apartment overlooking Central Park: 560 BTC. Highest-paid athlete Cristiano Ronaldo’s entire yearly earnings: 2,570 BTC. Viewing money in Bitcoin a...
The Hyperliquid platform's native token, HYPE, is today the strongest performer among top 15 assets by market cap—excluding stablecoins. Its seven-day gains have outpaced major altcoins as Bitcoin volatility posts record lows for the year, pushing a relatively stable trading pattern. HYPE traded at $41.31, down 0.3% on the day, yet maintaining strong momentum with 12.4% weekly gains and 67.2% monthly appreciation, according to data from CoinGecko. It has sustained this uptrend since mid-May, wit...