Tag Archives: High

Bitcoin surges to top $60,000, putting it within striking distance of all-time high

Bitcoin surges to top $60,000, putting it within striking distance of all-time high

Bitcoin (BTC-USD) surged on Wednesday to break above $60,000, putting it within striking distance of its all-time high as enthusiasm for the world’s largest cryptocurrency reached a frenzy last seen during a 2021 boom. The digital asset climbed as high as $63,900, touching its highest intraday point since November 2021, before dropping back to the $60,000 level amid reports that some users of the cryptocurrency exchange Coinbase (COIN) began showing a $0 balance in their accounts. Coinbase… Source link

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Bitcoin surges to top $59,000, putting it within striking distance of all-time high

Bitcoin surges to top $59,000, putting it within striking distance of all-time high

Bitcoin (BTC) surged on Wednesday to break above $59,000, putting it within striking distance of its all-time high as enthusiasm for the world’s largest cryptocurrency reached a level last seen during a 2021 boom. The price of the digital asset is now up more than 15% on the week and 40% so far this year, due largely to excitement sparked by a series of spot bitcoin exchange-traded funds that started trading in January. Bitcoin was up more than 5% at $59,396 at last check, touching its… Source link

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Bitcoin’s surge to $57,000 puts it within striking distance of all-time high

Bitcoin’s surge to $57,000 puts it within striking distance of all-time high

Bitcoin (BTC) surged above $57,000 Tuesday, putting it within striking distance of its all-time high as enthusiasm for the world’s largest cryptocurrency reached a level last seen during a 2021 boom. The price of the digital asset is now up as much as 10% on the week and 35% so far this year, due largely to excitement sparked by a series of spot bitcoin exchange-traded funds that started trading in January. By topping $57,000, bitcoin touched its highest point since November 2021. The… Source link

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Google says Singapore has ‘very high’ potential to be a global AI hub

Google says Singapore has ‘very high’ potential to be a global AI hub

American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. Alex Tai | SOPA Images | LightRocket | Getty Images SINGAPORE — Singapore has “very high” potential as a global AI hub — thanks in part to an environment that fosters innovation, a Google Cloud executive told CNBC. “In order for AI to really deliver on its potential, you need really good public and private partnerships,” Caroline Yap,… Source link

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Stocks Drop While Dollar Rallies to One-Month High: Markets Wrap

Stocks Drop While Dollar Rallies to One-Month High: Markets Wrap

(Bloomberg) — Global stocks retreated and the dollar rose to a one-month high as central bank officials pushed back against bets on aggressive interest rate cuts. Most Read from Bloomberg US futures slid, while the Stoxx Europe 600 index headed for a five-week low. The MSCI Asia Pacific Index lost 1.5%, the most in three months. Two-year Treasury yields rose six basis points to 4.2%. An index of the dollar climbed 0.6%. Banks led equity declines in Europe as JPMorgan Chase & Co. analysts said… Source link

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