Just a couple weeks ago, Nextech AR Solutions announced it was buying $2 million in Bitcoin as part of a “new capital diversification and allocation strategy”. Well, that didn’t last long. Today the company sold all its Bitcoin holdings because of a misleading news story that projected a fundamental misunderstanding of blockchain technology.
Bitcoin and Tesla. At face value, these two things have almost nothing in common. One is a blockchain-based cryptocurrency (cryptoasset?) and Central-Bank-replacement-hopeful. The other is a burgeoning maker of electric vehicles and energy-company-hopeful. And yet, they share much of the same space riding the retail investing airwaves and Twitter memes.
The concept of cryptocurrency can be an enigma, but buying cryptocurrency for yourself can be even more confusing. Should you use Coinbase? Or Cash App? Is there another app that’s even better? Is buying Bitcoin on your phone safe at all? Have no fear — here’s how to buy Bitcoin or other cryptocurrencies like Ethereum and Litecoin directly from your iPhone.
Coinbase announced today that it confidentially submitted its Form-S1 to the SEC, officially acknowledging its plan to go public with an IPO.
Bitcoin passed $20,000 for the first time this morning, and popular cryptocurrency exchange Coinbase is suffering an outage as interest surges.
Bitcoin is trading at $20,000 for the first time.
Bitcoin’s price has surged in recent months after hitting a yearly bottom in the $4,000 range in mid-March. In early October the digital asset began a rapid climb to over $19,000, but just today surpassed the $20,000 threshold.