Bitcoin and cryptocurrencies have had an amazing year so far. Various digital assets, including bitcoin and ethereum, reached new all-time highs, taking the entire market on a continued bull run since January. The renewed interest in bitcoin and blockchain tech came from both retail investors and institutions.
Tesla bought bitcoin, then sold electric cars for bitcoin for a few months before discontinuing the practice. PayPal embraced crypto trading last year and then allowed users to convert their crypto balance to fiat to pay for goods online. These events all pushed the prices higher and the sentiment around cryptocurrencies rose, just as more stimulus money poured into bank accounts, as countries continued to prop up their pandemic-bruised economies.
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World’s largest crypto exchange under investigation in the US originally appeared on BGR.com on Fri, 14 May 2021 at 18:05:47 EDT. Please see our terms for use of feeds.
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