Educational CyberPlayGround, Inc. NetHappenings 12-1-2020 Bitcoin

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Bitcoin

Bitcoin rallies above $19000 after biggest rout since pandemic
The futures market is proving that it’s becoming a more important risk-hedging venue for Bitcoin. Open interest on the CME Group platform has…
https://m.economictimes.com/markets/stocks/news/bitcoin-rallies-above-19000-after-biggest-rout-since-pandemic/articleshow/79494373.cms

Bitcoin Hits New Record, This Time With Less Talk of a Bubble
The crazy cousin of traditional currencies, which fell below $4,000 in March, passed $19,783. More investors now are buying it for the long term. Buyers — led by American investors, including companies and other traditional investors — are treating Bitcoin as an alternative asset, somewhat like gold, according to an analysis from the data firm Chainalysis.
https://www.nytimes.com/2020/11/30/technology/bitcoin-record-price.html

and
https://www.wsj.com/articles/bitcoin-hits-all-time-high-of-19-786-topping-record-from-december-2017-11606750573

BTIG says cryptocurrency ‘comes of age,’ puts $50000 target on bitcoin for 2021
https://www.cnbc.com/2020/11/30/btig-says-cryptocurrency-comes-of-age-puts-50000-target-on-bitcoin-for-2021.html

Bitcoin hits all-time high of $19857, extends year-to-date return to 177% Business Insider
https://markets.businessinsider.com/currencies/news/bitcoin-hits-new-record-high-after-trading-above-19700-2020-11-1029849416

Investment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ Portfolios
https://www.coindesk.com/investment-giant-alliancebernstein-now-says-bitcoin-has-role-in-investors-portfolios

What Bitcoin’s New Record Means For Wall Street. It’s not an existential threat to the banking system, but a spur toward a post-Covid digital payments
https://www.bloomberg.com/opinion/articles/2020-12-01/what-bitcoin-s-new-record-means-for-wall-street
and https://www.bloomberg.com/news/articles/2020-11-30/bitcoin-rallies-toward-19-000-after-biggest-rout-since-pandemic

Bitcoin hit the $19800 mark. What the IRS wants to know about your holdings
Bitcoin’s value hit a record on Monday, surging past $19,800 for one unit of the cryptocurrency. Whether you bought, sold or exchanged any of your …
https://www.cnbc.com/2020/12/01/bitcoin-hit-the-19800-mark-how-this-could-affect-your-2020-taxes.html

The Venezuelan Army has inaugurated a cryptocurrency mining center with bitcoin mining equipment aimed at generating “unblockable income,” https://news.bitcoin.com/venezuela-army-mining-bitcoin-for-unblockable-income/

xoxoxox

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