Bitcoin jumps over 6%, soars above $93,000 - Breaking The News

Bitcoin jumps over 6%, soars above $93,000

22 April

1 min read

EPA-EFE/PABLO GIANINAZZI

Bitcoin surged more than 6% to cross $93,000 on Wednesday, after reclaiming the $90,000 level earlier in the day as investors sought alternatives to a weakening dollar and volatile stocks.

The rally gained momentum after MicroStrategy Inc., doing business as Strategy, disclosed a major Bitcoin purchase in a regulatory filing Monday.

The world's most famous cryptocurrency jumped by 6.25% against the dollar, going for $93,024.881. at 6:18 pm ET.

bitcoin cryptocurrencies

Grayscale unveils fund for Bitcoin-using firms

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Grayscale Investment LLC introduced a new exchange-traded fund (ETF) on Wednesday, named Grayscale® Bitcoin Adopters ETF, listed under the ticker BCOR.In a statement, the firm said this fund is designed for investors who want to support companies that have added Bitcoin to their financial reserves. Instead of buying Bitcoin directly, people can invest in this fund to get exposure to firms that believe in Bitcoin's long-term value."We couldn't be more...

CBOE FTSE Bitcoin Index futures start trading

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SoFi plans to re-enter crypto business

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Fintech bank SoFi Technologies Inc is planning to return crypto investing, its CEO Anthony Noto told CNBC."We're going to re-enter the crypto business, which we had to exit," Noto stated in an interview. "We'll re-enter the business of allowing our members to invest in cryptocurrency. We want to actually make a bigger, more comprehensive push into cryptocurrency, to include really providing crypto or blockchain capabilities in each product area that we have," he...

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