Rhys Muter is a writer for Finder, specialising in cryptocurrency.
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Facebook announced further plans for its launch of digital currency Diem and a fully integrated wallet, Novi.
Debate rages over the carbon impact of Bitcoin transactions with "bitcoin sceptic" Bill Gates criticizing its power consumption
Bitcoin continues to reject downwards price pressure as the upper $40,000 channel serves as fierce support.
There is no shortage of reasons why Bitcoin to surge past $60,000 to a new all time high, with $1.9 trillion of freshly printed US dollars on the way.
Fed Chair Jerome Powell has sought to quash market fears of inflation pushing Bitcoin and crypto markets down.
Bitcoin has shown strong price resistance at around $43,000 rising to over $52,500 in only 4 days as Canada's new Bitcoin ETF sets records.
Despite the unsteady price, miners are set to gross record revenues for the month of February.
Bitcoin has recorded a huge single-day drop as the entire cryptocurrency market faces a massive sell-off.
Bitcoin pulled back shortly after reaching a new milestone.