• Coin Market Cap
  • Contact Us
  • Privacy & Policy
Wednesday, January 20, 2021
Litecoin.is
  • Home
  • Litecoin
  • Bitcoin
  • Blockchain
  • Coin Market Cap
  • Exchange
  • ICO
No Result
View All Result
  • Home
  • Litecoin
  • Bitcoin
  • Blockchain
  • Coin Market Cap
  • Exchange
  • ICO
No Result
View All Result
Litecoin.is
No Result
View All Result
Home Litecoin

Bitcoin hits the front page of The Wall Street Journal

November 24, 2020
in Litecoin
0
Bitcoin hits the front page of The Wall Street Journal
189
SHARES
Share on FacebookShare on TwitterPin it

Related articles

Price analysis 1/20: BTC, ETH, DOT, XRP, ADA, LTC, BCH, LINK, XLM, BNB

Price analysis 1/20: BTC, ETH, DOT, XRP, ADA, LTC, BCH, LINK, XLM, BNB

January 20, 2021
Antitrust watchdogs around the world are going back to school to study blockchain and AI

Antitrust watchdogs around the world are going back to school to study blockchain and AI

January 20, 2021

After rallying 80% in two months, Bitcoin is recapturing media interest from the top end of town, with The Wall Street Journal discussing the cryptocurrency’s adoption among institutional investors on the front page of its Nov. 23 issue.

The report notes that Bitcoin has recently found support from “Wall Street billionaires” Paul Tudor Jones and Stanley Druckenmiller, alongside other public figures including a sports radio host.

#Bitcoin front page of the Wall Street Journal pic.twitter.com/wD7TUuMcTp

— WebbDesignz (@DesignzWebb) November 23, 2020

WSJ’s coverage comes following a lull in Bitcoin’s presence in mainstream outlets, despite the cryptocurrency surging to test rarely seen prices while setting new records for market capitalization.

In addition to significant investments from hedge fund managers and Grayscale Investments, WSJ emphasizes increasing demand from retail investors who can now access crypto assets through familiar financial service companies. 

The report notes that Bitcoin volumes on Square’s Cash App were $1.6 billion during the third quarter of 2020, compared to $555 million for the entirety of 2019. Trade activity on U.S.-based exchange ItBit also surged after it was revealed that PayPal’s Bitcoin trading services would be executed through the platform.

On the same day, PayPal CEO Dan Shulman predicted during an appearance on CNBC that increasing everyday adoption of Bitcoin will see crypto assets “move from being less of just an asset class and more into a currency,” adding:

“As paper money slowly dissipates and disappears from how people are using transactions, central banks especially on the retail side will need to replace paper money with forms of digital fiat currency.”

ADVERTISEMENT


Credit Source link

Share76Tweet47Pin17
ADVERTISEMENT

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Price analysis 1/20: BTC, ETH, DOT, XRP, ADA, LTC, BCH, LINK, XLM, BNB

Price analysis 1/20: BTC, ETH, DOT, XRP, ADA, LTC, BCH, LINK, XLM, BNB

January 20, 2021
Antitrust watchdogs around the world are going back to school to study blockchain and AI

Antitrust watchdogs around the world are going back to school to study blockchain and AI

January 20, 2021
Some major altcoins failed to match Bitcoin’s rally

Some major altcoins failed to match Bitcoin’s rally

January 20, 2021
Ether could be heading for $10.5K, says Fundstrat strategist

Ether could be heading for $10.5K, says Fundstrat strategist

January 20, 2021
Rick and Morty crypto art sells for $150,000 on Gemini-owned platform

Rick and Morty crypto art sells for $150,000 on Gemini-owned platform

January 20, 2021
Jack Ma resurfaces in new video after an almost 3-month ‘disappearance’

Jack Ma resurfaces in new video after an almost 3-month ‘disappearance’

January 20, 2021
Litecoin.is

Litecoin.is an online NEWS portal which aims to provide the latest trendy news around the crypto market and much more exciting stuff.

Topic to cover

  • Bitcoin
  • Blockchain
  • Litecoin

Whats NEW here?

  • Price analysis 1/20: BTC, ETH, DOT, XRP, ADA, LTC, BCH, LINK, XLM, BNB
  • Antitrust watchdogs around the world are going back to school to study blockchain and AI
  • Some major altcoins failed to match Bitcoin’s rally

  • Coin Market Cap
  • Contact Us
  • Privacy & Policy

© 2019 Litecoin.is – All about Litecon NEWS and more!

No Result
View All Result
  • Home
  • Litecoin
  • Bitcoin
  • Blockchain
  • Coin Market Cap
  • Exchange
  • ICO

© 2019 Litecoin.is All about Litecoin And Crypto News!.

  • bitcoinBitcoin(BTC)$34,927.00-4.46%
  • ethereumEthereum(ETH)$1,327.77-6.43%
  • rippleXRP(XRP)$0.293907-2.96%
  • eosEOS(EOS)$2.76-3.11%
  • litecoinLitecoin(LTC)$146.91-7.84%
  • bitcoin-cashBitcoin Cash(BCH)$494.20-5.85%
  • tetherTether(USDT)$1.000.08%
  • stellarStellar(XLM)$0.291165-3.95%
  • Binance CoinBinance Coin(BNB)$41.83-3.14%
  • tronTRON(TRX)$0.030260-3.13%
  • cardanoCardano(ADA)$0.364210-3.31%
  • Bitcoin SVBitcoin SV(BSV)$198.61-4.68%
  • iotaIOTA(MIOTA)$0.461928-4.15%
  • moneroMonero(XMR)$152.19-5.99%
  • dashDash(DASH)$120.33-5.78%
  • neoNEO(NEO)$25.86-4.32%
  • ontologyOntology(ONT)$0.63-7.32%
  • nemNEM(XEM)$0.235986-6.71%
  • zcashZcash(ZEC)$98.89-7.39%
  • USD CoinUSD Coin(USDC)$1.00-0.06%
  • dogecoinDogecoin(DOGE)$0.008955-2.60%
  • bitcoin-goldBitcoin Gold(BTG)$12.25-4.74%