TIME MAGAZINE HOLDING BITCOIN

TIME Magazine, a legacy media institution, will be paid in holding bitcoin for a cryptocurrency video project and will keeping the asset on its balance sheet. Michael Sonnenshein, the CEO of digital currency investment company Grayscale, has announced a collaboration with TIME Magazine to create a video series about cryptocurrencies, with the publication being paid…

Will we see another 2017 style rally now that Bitcoin price has topped USD 60,000k?

Bitcoin, the world’s most famous cryptocurrency, reclaimed the Bitcoin price $60,000 mark on Saturday after trading sideways since the beginning of the month. At 12:10 p.m. IST, the digital asset was trading at $60,675.87, up 4.5 percent, while there was trading at $2,173.63, up 4.7 percent. Bitcoin price After six months of double-digit returns in…