Bulletins

Bitcoin's price hit a new record

The cryptocurrency traded as high as $19,786.24 Monday, beating its 2017 high by about $3.

Bitcoin is up more than 169% in 2020 as a whole, and the Bitcoin Bulls see even more growth to come thanks to companies like PayPal helping bring crypto to the mainstream. All of which means the Winklevoss twins continue to be proven right, though their latest proclamation is really very bullish. "Our thesis is that Bitcoin is gold 2.0 and it will disrupt gold," Tyler Winklevoss told CNBC on Monday. "If it does that it has to have a market cap of $9 trillion. So we think bitcoin could price one day at $500,000 a bitcoin."

 David Pierce

David Pierce ( @pierce) is Protocol's former editorial director. Prior to joining Protocol, he was a columnist at The Wall Street Journal, a senior writer with Wired, and deputy editor at The Verge. He owns all the phones.

Latest Bulletins

Mobile gaming's surprising slump is dragging down the game market

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Amazon will lay off workers ahead of holiday season

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FTX files for bankruptcy and Sam Bankman-Fried is out as CEO

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Musk ends remote work at Twitter

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Meta is laying off more than 11,000 people

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"I want to take accountability for these decisions and for how we got here," Mark Zuckerberg wrote in a message to employees that was also posted online. "I know this is tough for everyone, and I’m especially sorry to those impacted."

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This global emissions inventory is Al Gore’s secret weapon at COP27

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Salesforce plans for major layoffs

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The DOJ seized $3.4 billion in bitcoin stolen from the Silk Road

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Trump allies are questioning US democracy. Tech is letting them.

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The Biden administration's five net zero technology priorities

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Coinbase's user losses weren't as bad as Wall Street feared

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Biden just boosted heat pumps. Here’s how to maximize the investment.

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Block is cashing in on Cash App

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Stripe will lay off 14% of its employees

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Roku is warning of Q4 advertising slowdown

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Robinhood might be showing signs of a turnaround

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Bulletins