A new ATH for Bitcoin

It took over 1000 days since Bitcoin hit its previous all-time high, recorded in December 2017.

Bitcoin (BTC) prices surpassed the previous mark of $19,666 on Monday, November 30, 2020, reaching $19,864.

Price Update

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In the news

Status of second Stimulus checks as deadline for Gov shutdown draws near

As U.S. lawmakers continue their stimulus negotiations, the government is facing a potential shutdown - which can only be prevented if lawmakers pass a spending bill before the December 11th deadline.

To prevent the shutdown, lawmakers need to decide where the money will go on the agreed overall $1.4 trillion dollar federal budget.

Gary Cohn thinks Bitcoin may fail

Former top economic advisor to President Donald Trump and president of Goldman Sachs has shared his view about Bitcoin, claiming that it “lacks some of the basic integrity of a real market.”

While pessimistic about Bitcoin, Cohn said he is “very bullish” about blockchain technology, noting that they are the “highways and the pipes that are necessary for Bitcoin” and “for many other applications.”

Facebook's Libra cryptocurrency to launch in January

Facebook is reportedly preparing to launch with a single cryptocurrency: a scaled-down version of its original plan after being scrutinized by regulators worldwide.

The Financial Times reported Friday that the association would now initially “just launch a single coin backed one-for-one by the dollar … With the other currencies being rolled out at a later point”.

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