Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Reuters

Bitcoin hits record high; trades as high as $59,755 on Saturday

FILE PHOTO: A representation of virtual currency Bitcoin and U.S. One Dollar banknotes are seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic

Bitcoin, the world's biggest cryptocurrency, on Saturday reached a record high, trading up to $59,755.

Bitcoin is up more than 2% from its previous year high of $58,354.14 on Feb. 21.

Bitcoin's price soared this year as major firms, such as BNY Mellon, asset manager BlackRock Inc, credit card giant Mastercard Inc, backed cryptocurrencies, while those such as Tesla Inc Square Inc and MicroStrategy Inc invested in bitcoin.

(Reporting by Ann Maria Shibu in Bengaluru; Editing by Angus MacSwan)

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Your utility bills keep going up. Here's everyone you can blame—AI data centers included

Your utility bills keep going up. Here's everyone you can blame—AI data centers included

Utilities announce hundreds of billions in spending as data centers boom and ratepayers' costs rise.

‘We’re devastated’: Canada-born permanent US resident held in ICE custody; family demands safe return

‘We’re devastated’: Canada-born permanent US resident held in ICE custody; family demands safe return

A 39-year-old Canadian-born father of three has spent nearly four months in US Immigration and Customs Enforcement (ICE) custody after being detained at a Houston airport over a misdemeanor charge from when he was a teenager, a move his family says has left them “baffled” and devastated.

The Times of India

Mexico authorities hand over body of drug lord ‘El Mencho’ to his family

Mexico authorities hand over body of drug lord ‘El Mencho’ to his family

Mexican prosecutors say they have returned the body of drug lord Nemesio Oseguera Cervantes, known as El Mencho, to his family

The Independent UK

Trump promised no wars. Now he’s a Bush-style regime change president

Trump promised no wars. Now he’s a Bush-style regime change president

The America First president who built his political brand on opposing foreign military adventures has unleashed a war of choice aimed at regime change

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Piano teacher to Hollywood kids who fled country sentenced to 9 years for sex abuse

Piano teacher to Hollywood kids who fled country sentenced to 9 years for sex abuse

The piano teacher’s defunct website claimed testimonials from the children of the creators of ‘Orange Is the New Black,’ ‘Mad Men,’ and ‘Dexter’s Laboratory,’ but spokespeople for the creators said they never endorsed him

The Independent UK

Minnesota Lawmakers Propose Statewide Ban on Crypto ATMs Amid Surge in Elder Fraud Scams

Minnesota Lawmakers Propose Statewide Ban on Crypto ATMs Amid Surge in Elder Fraud Scams

Minnesota lawmakers have introduced legislation that would impose a complete ban on cryptocurrency kiosks

International Business Times

Related Stories

Top stories on inkl right now

Your utility bills keep going up. Here's everyone you can blame—AI data centers included

Your utility bills keep going up. Here's everyone you can blame—AI data centers included

Utilities announce hundreds of billions in spending as data centers boom and ratepayers' costs rise.

‘We’re devastated’: Canada-born permanent US resident held in ICE custody; family demands safe return

‘We’re devastated’: Canada-born permanent US resident held in ICE custody; family demands safe return

A 39-year-old Canadian-born father of three has spent nearly four months in US Immigration and Customs Enforcement (ICE) custody after being detained at a Houston airport over a misdemeanor charge from when he was a teenager, a move his family says has left them “baffled” and devastated.

The Times of India

Mexico authorities hand over body of drug lord ‘El Mencho’ to his family

Mexico authorities hand over body of drug lord ‘El Mencho’ to his family

Mexican prosecutors say they have returned the body of drug lord Nemesio Oseguera Cervantes, known as El Mencho, to his family

The Independent UK

Trump promised no wars. Now he’s a Bush-style regime change president

Trump promised no wars. Now he’s a Bush-style regime change president

The America First president who built his political brand on opposing foreign military adventures has unleashed a war of choice aimed at regime change

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Piano teacher to Hollywood kids who fled country sentenced to 9 years for sex abuse

Piano teacher to Hollywood kids who fled country sentenced to 9 years for sex abuse

The piano teacher’s defunct website claimed testimonials from the children of the creators of ‘Orange Is the New Black,’ ‘Mad Men,’ and ‘Dexter’s Laboratory,’ but spokespeople for the creators said they never endorsed him

The Independent UK

Minnesota Lawmakers Propose Statewide Ban on Crypto ATMs Amid Surge in Elder Fraud Scams

Minnesota Lawmakers Propose Statewide Ban on Crypto ATMs Amid Surge in Elder Fraud Scams

Minnesota lawmakers have introduced legislation that would impose a complete ban on cryptocurrency kiosks

International Business Times

Our Picks

Harry Styles, fake stage invaders and a censored Peter Mandelson joke: the biggest moments at the Brit awards

The ITV censors had their work cut out in a protest-filled, relatively edgy ceremony that hosted ultra-expressive performances from Rosalía, Wolf Alice and more

The Guardian - UK

Meet the Gen Z college students who turned Excel into a competitive esport—they’re competing in spreadsheet challenges and it’s helping them land jobs

Microsoft-backed spreadsheet competitions are turning Gen Z college students into job-market standouts.

As Jennifer Lopez’s Kids Turn 18, An Insider Drops Claims About Their ‘Atypical’ Childhood

The kids are alright.

I Somehow Forgot That One Devastating Harry Potter Book Scene Wasn't Shown In The Movies

I remember the scene from the book so clearly ... too clearly.

Fans Accuse Kelly Osbourne Of Buccal Fat Removal As Her Brit Awards Look Goes Viral

“Looks like it'd be painful to smile. Good Lord. Scary thin," wrote one user.

I Rewatched The Least-Talked About '80s Brat Pack Movie, And The Cringe Factor Is Through The Roof

It really doesn’t hold up. Like, at all.

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play