Earlier this week, a Dutch court explained bitcoin as a transferable value in a case that requested Koinz Trading BV to cover mining proceeds worth $5,000 or 0.591.
Over the past 24 hours, the cryptocurrency market has gained $20 billion, as important cryptocurrencies bitcoin and Ethereum recorded strong gains.
Bitcoin has fallen below the $8,500 mark, merely 24 hours after surpassing $9,000.
Robinhood's valuation is expected to jump fourfold to around $5.6 billion, driven by the stock brokerage app's popularity among millennials.
The cryptocurrency market has been volatile during this week, as major cryptocurrencies including bitcoin, Ethereum, Ripple, and Bitcoin Cash have continued to move in between $340 billion and $380 billion. Is Bitcoin Ready to Move?
Fintech startup Circle's Coinbase-like cryptocurrency investing program «Circle Invest» has entered a closed beta. It isn't clear just when the Circle Invest beta started, but users began reporting that they had received invitations on March 6.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, Litecoin, along with other big cryptocurrencies except Monero have experienced a decrease in value, since the cryptocurrency market fell by another $22 billion following a seeing a drop on March 6.
The company made waves last year when it announced that it was launching a Bitcoin trading pilot program through Money App, the firm's peer-to-peer transaction platform.