• He does not remember the pendrive password: he risks losing 220 million in Bitcoin

  • Discomfort on returning to school, the electronic register hacked.

    Ransom demanded in bitcoin

  • Piazza Affari takes breath away Bitcoin above 45 thousand dollars

Share

April 13, 2021 Bitcoin soars to a new record on the eve of Coinbase's landing on Wall Street.

The wait is for Wednesday on Nasdaq at a valuation of 100 billion dollars. 



The cryptocurrency runs at $ 63,580 supported by the excellent of digital currency fans who see in the Coinbase direct listing that decisive step for the acceptance of Bitcoin by the general public.

The debut "will mark the occasion of a conjunction between traditional finance and the crypto world. And a successful landing can be the official endorsement of cryptocurrencies by traditional investors", say some analysts, convinced that "the low rate of volatility of the last 30 days shows how Bitcoin is now ready to come out of the cage and continue its run towards 10,000 ". 



With a jump of almost 6% in the last 24 hours, pushed by the umpteenth record of Bitcoin (which touched up to 63,580 dollars), a new high was reached for the global cryptocurrency market which reached a capitalization close to 2,250. billions of dollars, clearly exceeding the Italian GDP.



The Coingecko observatory - which tracks the prices of almost 6890 cryptocurrencies - records a series of dizzying leaps for lesser-known 'virtual currencies' (such as the Renewable Electronic Energy Coin which grew by almost 25,000% in a single session, or transforming a investment of $ 100 in a yield of 25,000 in just 24 hours), but also huge increases for the best known as XRP, which has a capitalization of almost 84 billion dollars and has risen 33% in one day.

Against the background of this 'effervescent' market, the expected debut on the stock exchange of Coinbase, the cryptocurrency exchange market founded in 2012, an IPO that could set its value up to 100 billion dollars, sanctioning the definitive affirmation of these instruments , still awaiting official regulation.



Several banks, including Goldman Sachs and Jpmorgan, have already announced plans to offer cryptocurrencies to their customers also in light of curiosity and sustained demand.

But the sprint of Bitcoin continues to not convince many.

Skeptics believe that the race of the last few months has been doped by the maxi stimuli to the economy, which have also made equity markets fly. 



The army of doubters is led by the authorities who, all over the world, look with skepticism and concern at Bitcoin and cryptocurrencies, considered only a speculative tool with no recognizable value.

Despite the resistance, digital currencies tempt several governments, primarily China.

Beijing is said to be working on its central bank-controlled digital yuan, trying to position it for international use and effectively defying the dollar.

The Fed on the digital dollar proceeds with caution: "There is no rush to adopt it", Fed chairman Jerome Powell has been repeating for some time, assuring that the Central Bank will not adopt the digital dollar "without the support of Congress" .