Monday, June 21, 2021
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    Bitcoin trades above $36,000 as cryptocurrencies edge mostly higher

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    Naija247news Media, New Yorkhttps://www.naija247news.com/
    Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

    Bitcoin was volatile early Monday morning beginning the day at $34,518 before trending higher again, topping out at $36,207 slightly after 4:30 a.m. Eastern time, Coindeck reported.

    At approximately the same time, Ethereum and XRP were both up, with Ethereum in positive territory up 0.24% at $2,446 and XRP up 13.49% at $0.997794. Dogecoin was at $0.30, down 0.10, Coinbase reported.

    New York Stock Exchange Chair Stacy Cunningham, speaking on FOX Business’ “Cavuto Coast to Coast” Friday, told the host she doesn’t expect cryptocurrency to “displace us.”

    “I certainly think, though, that it is something that’s going to continue to grow. It’s not over. But I also expect the regulators and the government to take a look at it and view whether or not there are appropriate guardrails on it,” Cunningham continued.

    Meanwhile, another cryptocurrency celebrity stepped forward Thursday when Tampa Bay Buccaneers quarterback Tom Brady revealed he is a “big believer” in the long-term prospects of cryptocurrencies.

    The seven-time Super Bowl champion admitted he has “definitely” made investments in crypto over the last year amid a surge in value for Bitcoin and other tokens. Brady admitted that he is “not an expert” on the marketplace but has tried to learn more about it.

    Earlier last week, New York Yankee manager Aaron Boone told Stuart Varney during an appearance on ‘Varney & Co.’ that, while cryptocurrency hasn’t been an acceptable form of payment right off the bat within Major League Baseball, it is certainly being discussed for future possible transactions.

    Varney responded by asking if any of his players or managers have requested to be paid in cryptocurrency.

    Boone confirmed it is “definitely a big conversation in our clubhouse.”

    “Oh yeah, these things are definitely real,” he continued. “A lot of our staff members follow Bitcoin each and every day.”

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