Bitcoin is trading above $10,000 for the first time in over a year following Facebook’s cryptocurrency announcement and strong 2019 growth
The price of a single bitcoin exceeded $US10,000 for the first time since March 2018 on Friday, according to CoinDesk.
The influential Bank for International Settlements (BIS) has underlined the dilemma facing regulators from Facebook’s shift into finance.
Apple is likely preparing to let iPhone owners turn their devices into hardware wallets that allow them to store and use bitcoin and other cryptocurrencies
The WSJ reports that among those that bought into Facebook’s cryptocurrency are Visa, Mastercard, PayPal, Uber, Stripe, Booking.com and MercadoLibre.