Bitcoin was rising for a second straight day, to about $10,281, after a rapid sell-off earlier in the week. “In a flash, investors have gone from running for the hills to buying the dip,” Mati Greenspan, founder of the cryptocurrency and foreign-exchange analysis firm Quantum Economics, told clients in an email. The crypto investment firm Stack Funds wrote in a weekly report that prices appear to have found a temporary floor around $10,000. Taimur Baig, chief economist for Singapore’s DBS bank, told CoinDesk that the pandemic and the associated central-bank money-printing have strengthened the case for bitcoin. “People are worried about […]
Lags
2 posts
President Trump addresses the crowd during a campaign rally Tuesday at Smith Reynolds Airport in Winston Salem, N.C. Sean Rayford/Getty Images hide caption toggle caption Sean Rayford/Getty Images President Trump addresses the crowd during a campaign rally Tuesday at Smith Reynolds Airport in Winston Salem, N.C. Sean Rayford/Getty Images President Trump and Republicans could’ve set a one-month fundraising record — had their Democratic counterparts not hauled in some $150 million more. The president’s campaign, the Republican National Committee and their joint fundraising efforts raised a combined $210 million last month, they announced on Wednesday. On its own, that August haul is […]