Business

Bitcoin surges past $60,000 with enthusiasts eyeing record highs

Bitcoin jumped past $60,000 for the first time in more than two years, amid surging optimism that demand for the token is widening beyond committed digital-asset enthusiasts. A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017.(Reuters) The largest cryptocurrency has jumped more than 45%

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Business

Bitcoin Halving: What Is It? Here’s Why It Is Driving BTC Prices

In a significant event for the Bitcoin blockchain, the reward for mining, known as a Halving, is set to occur once again. Since 2020, miners validating transactions have been receiving 6.25 Bitcoins (BTC) for each successfully mined block. A Bitcoin Halving, a critical event in the Bitcoin network, occurs when the reward for mining Bitcoin

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Business

Bitcoin Crosses $50,000 For The First Time Since December 2021

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, climbed above the $50,000 mark early Tuesday, for the first time since December 2021, before climbing down to $49,750 at the time of writing. Several factors, including the likes of ETF inflows, upcoming Halving event, and a healthy US stock market, have led to

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Business

Bitcoin Crosses $46,000 As Excitement Around BTC Halving Catches Steam

In a notable surge, Bitcoin (BTC), the leading digital currency, reached its highest point in a month, surpassing the $46,000 mark on February 9. This surge is attributed to steady capital inflows into various United States funds dedicated to cryptocurrency, alongside growing anticipation surrounding the forthcoming halving event slated for April. “There is increased investor

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