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Bitcoin was trading up 4.3% on Tuesday morning.
The price was around $ 49,780 per coin, while rivals Ethereum and Dogecoin were trading at around $ 3,400 (+ 1.18%) and 23.5 cents (+ 8.78%) per coin respectively, according to Coindesk.
As recently as last week, Bitcoin was holding steady at nearly $ 45,000 per coin.
THE NUCLEAR ENERGY OF BITCOIN MINORS AS AN ENVIRONMENTAL CRITICISM
Business titan and billionaire investor Mark Cuban joined FOX Business on Monday, setting out his take on how not all digital currencies are the same and sharing his take on how cryptocurrencies could shape the world. to come up.
“Bitcoin is a bit of a different animal than crypto as a whole,” Cuban told host Neil Cavuto on “Cavuto: Coast-to-Coast”.
Bitcoin was trading up 4.3% on Tuesday morning, priced at $ 49,780. (istock / iStock)
“Bitcoin is a great alternative store of value,” said the owner of Dallas Mavericks. “I think it’s a better alternative to gold, but not all cryptos are the same. You put Bitcoin in the category of stored value, and then you move on to things like Ethereum.”
“Ethereum is really a big network, and because of their smart contracts and their security and their ability to have distributed management, I think you’re going to see a lot of unique business applications happening,” Cuban continued, before d ‘to elaborate .
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“I invest in things like decentralized insurance applications, decentralized ways of distributing NFTs, which enable things like 3D print files, textbooks – so many different applications,” he said. he reveals. “It’s very similar to what we saw in the early days of the Internet when we went from analog to digital.”
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