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Tag: adoption

  • Bitcoin’s Tesla-driven rally fizzles after prices hit $48,000

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    By Joanna Ossinger and Eric LamThe frenzied rally in Bitcoin lost momentum on Tuesday after prices hit a new all-time high of $48,000.The cryptocurrency pulled back in the early U.S. hours, trading up 2.9% on the day around $46,000. Prices are still up more than 30% since the beginning of February.While the trading action was…

  • How Abra Uses Bitcoin to Bring Stock Investing to the Unbanked

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    It’s been only a month since Abra publicly launched its investment product. But the company has already received an “overwhelmingly positive” response from the public, showcasing the strong consumer demand for convenient and affordable investing solutions. It has also demonstrated how Bitcoin can be used effectively to help financially underserved populations access financial markets, Bill…