The world’s largest cryptocurrency bitcoin crossed a record high of $ 60,000 on Saturday.
Bitcoin has grown rapidly this year, largely compared to traditional asset classes, partly due to widespread acceptance in the form of payments.
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In recent weeks, companies have leveraged hundreds of millions of dollars in capitalization to capitalize on their strengths, taking advantage of their strengths.
Last month, Tesla’s $ 1.5 billion bitcoin bet by Elon Musk’s electric car company saw business software firm MicroStrategy and Twitter boss Jack Dorsey’s payments company Square exchange some traditional cash reserves for digital coins.
Sikkabase, the largest US cryptocurrency exchange, filed for a Nasdaq listing last month. Regulatory approval would represent a mainstream victory for cryptocurrency advocates seeking mainstream support.
The Goldman Sachs Group said that due to increasing customer demand and investing in bitcoin, it is finding out how to serve those customers while remaining on the right side of the regulation. It recently relaunched a cryptocurrency trading desk and from this month it began to deal with bitcoin futures and non-deliverable forwards.
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