Bitcoin Surpasses Facebook in Market Capitalization at $1.14 Trillion

The Tweet links to data that shows that BTC, already the world’s most valuable cryptocurrency by market cap, now ranks 6th in the world for all companies.

Not for long, however — it smashed through on Wednesday to hit a new ATH of $64,854.

This may sound all well and good, but in some parts of the world, it is not looking so positive for BTC.

It shattered previous records, rising a total of 330% between Apr 9 and 16, with an ATH of $0.48.

It closed its first day of trading at $328, over 30% more than the IPO’s reference price, following that with $323 on the second day.

It later revised the date to April 19.The administration is narrowing in on specific constituencies who may experience higher rates of hesitancy, including Latino and Black communities as well as conservatives.To reach those groups, officials will do interviews with Telemundo, All Ag News and radio host Rickey Smiley, who has a wide following in the Black community.It’s also putting up members of the administration, including Anthony Fauci, Health and Human Services Secretary Xavier Becerra, Surgeon General Vivek Murthy and assistant HHS secretary Rachel Levine, for those targeted local and radio interviews.The 80-year-old Fauci will target young people with Snapchat clips.

Japan’s benchmark closed less than 0.1% higher at 29,685.37, in the first Tokyo market reaction to a weekend by Prime Minister Yoshihide Suga with President Joe Biden over the weekend.

Matthias Scheiber, global head of portfolio management at Wells Fargo Asset Management cited low interest rates, the rollout of COVID-19 vaccines and the fiscal stimulus package in the United States as reasons for his bullish stance on equities.

While exchanges like Coinbase and FTX are amassing huge success, another crypto industry phenomenon that’s flourishing is “DeFi,” short for “decentralized finance.” What’s happening: A crop of protocols that let participants execute various transactions directly with each other through the networks instead of using intermediaries has been exploding in popularity.

Bitcoin arrived on one of the world’s most important exchanges, a watershed moment that could bring crypto from the fringes to the mainstream.

Taiwan’s tech-focused exports have soared during theCOVID-19 pandemic because of global demand for laptops, tablets and other equipment to support the work-from-home boom, driving its trade surplus with the United States and jacking up the value of the Taiwan dollar.

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