Roaringback: Bitcoin tops $50,000 for the first time in a month
Al Jazeera
The latest rally brings prices of the world’s largest cryptocurrency to their highest levels since early September when El Salvador rolled out Bitcoin as legal tender.
Bitcoin rallied above $50,000 as Bank of America Corp. strategists threw their weight behind crypto as a new asset class.
The rally brings prices to the highest since early September, when El Salvador rolled out the cryptocurrency as legal tender. Bitcoin was up 2.5% in early New York trading, and earlier touched $50,307.
The universe of digital assets is “too large to ignore,” wrote strategists including Alkesh Shah and Jessica Reif Ehrlich. “Our view is that there could be more opportunity than skeptics expect.”
The Department of Justice said Google had ‘deprived rivals’ of opportunities to expand their search engine market share.
Matt Gaetz has faced allegations of sex trafficking a 17-year-old girl, drug use, and misappropriating campaign funds.
British luxury automaker’s advertising campaign features models of varying ages, genders and races – but no cars.
After Ukraine strikes Russian territory with US missiles, what’s next?
Al Jazeera looks back at the most devastating period in Laos’s history, when the US waged a years-long ‘Secret War’ in the Southeast Asian country.
These were the key developments on the 1,001st day of the Russia-Ukraine war.
Trump allies say they will ‘liberate individuals and businesses from illicit regulations never passed by Congress’.
UN official warns millions of Haitians ‘being held hostage’ amid a surge in gang-related violence in the Haitian capital.
No respite for civilians in Gaza, Lebanon as US blocks UNSC resolution demanding a ceasefire between Israel and Hamas.
Hwang had been convicted in July on 10 criminal charges including wire and securities fraud, market manipulation.