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CHINA – 2021/05/20: In this photo illustration a Bitcoin is seen on display with a Bitcoin price trend chart in the background. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)

Bitcoin is hitting September at a good clip. 

The largest cryptocurrency by market value rose above the $50,000 level Friday for only the fourth time in the last four months. Bitcoin is at the highest intraday level since Aug. 23, 2021, when it hit $50,477.86.

The move comes even as skeptics denounce its future. Earlier this week, billionaire hedge fund manager John Paulsen told “Bloomberg Wealth with David Rubenstein”

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crypto coins circle

  • Chainlink’s link climbed 18% to reach a high of $36.35, the highest since May 19.
  • XRP, dot and litecoin also posted gains.
  • Investors have been piling into altcoins because they are cheap and have smart contract capabilities.

Link, bitcoin cash, XRP, dogecoin, dot and litecoin soared to new multi-month highs on Monday as investors opted for cheaper alternatives to bitcoin whose networks can support decentralized finance applications and smart contracts, analysts said.

A smart contract is a piece of code that allows people to enter into financial agreements without the need for

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Bitcoin was trading more than 5% higher on Thursday morning at $49,800.

Bitcoin pulled back slightly after hitting $50,000 for the first time since Aug. 23, following Ethereum’s move to $3,700, its highest level since mid-May.

Dogecoin is trading at 30 cents per coin, according to Coindesk.


Regulators on Wednesday sued an offshore company that allegedly conducted one of the biggest scams ever involving cryptocurrencies.

The Securities and Exchange Commission accused BitConnect and its

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Solana, which boosters tout as a long-term competitor to Ethereum, has seen its SOL token triple in value in roughly 3 weeks.

By Bloomberg

The cryptocurrency linked to the Solana network has jumped to the seventh spot among the world’s top 10 largest virtual coins amid optimism that the blockchain could be a long term competitor to Ethereum.

Solana’s SOL token has tripled in about three weeks and now has a market value of more than $41 billion, according to CoinGecko. Proponents tout the claimed speed and lower cost of transactions on Solana for decentralized finance and

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Charlie and Chris Brooks run Crypto Asset Recovery, a small business in New Hampshire.

  • A father and son team of computer programmers help people find lost passwords to their crypto wallets.
  • Chris and Charlie Brooks conducted an analysis that led them to estimate between 68,110 and 92,855 seemingly lost bitcoins are recoverable.
  • At current prices, the high end of the recoverable bitcoin estimate amounts to $4.7 billion.
  • See more stories on Insider’s business page.

For Chris and Charlie Brooks, finding lost passwords to cryptocurrency wallets requires figuring out how their clients’

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Bitcoin was trading 3.45% higher on Monday morning.

The price was around $51,788 per coin, while rivals Ethereum and Dogecoin were trading around $3,934 (+1.04%) and 31 cents (+4.48%) per coin, respectively, according to Coindesk.


The head of Britain’s Financial Conduct Authority (FCA) said Monday creating a regulatory regime for the decentralized world of cryptoassets will take careful thought, Reuters reported.

Britain’s finance ministry has already consulted publicly on whether some cryptoasset promotions need regulating.

Bitcoin was trading 3.45% higher on Monday morning, selling above $51,788 per

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