Let's take a look at this pair to see which one is a better pick for an investment of $5,000. There are a handful of reasons why Bitcoin belongs in nearly every investor's portfolio, starting with its status as the anchor of the entire cryptocurrency sector. The main mechanism driving higher Bitcoin prices in the future is that it gets harder and harder to mine it over time.
Goldman estimates light oil prices would need to rise by 50 cents per barrel to make medium crude from the Middle East more attractive to Asian refiners, as U.S. Gulf Coast refiners prioritize domestic light crude over imported medium grades.
This has been a strange year for the crypto market. Two that particularly stand out are XRP (CRYPTO: XRP) and Litecoin (CRYPTO: LTC). XRP is up 24% for the year, while Litecoin is up 20% for the year.
This week in crypto: Bybit suffers a record $1.4B hack, Bitcoin plunges, and fears of contagion grow. Meanwhile, Trump boosts XRP sentiment, Brazil approves the first spot XRP ETF, and MicroStrategy plans a $2B Bitcoin buy. Plus, AI meets Hedera with ChainGPT, and Mantra Finance secures a Dubai license for RWA tokenization.
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"At Bitget we strongly believe in supporting the community and everyone contributing towards the growth of crypto," company CEO Gracy Chen told CoinDesk.
Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has insurance.
The controversial defense contractor saw a sixfold surge in the value of its stock last year.
The S&P 500 dropped 1.7% and the tech-heavy Nasdaq lost more than 2% on Friday.
UnitedHealth Group called The Wall Street Journal's report "misinformation" and said it was unaware of reported investigaiton.
