Bitcoin goldrush sparks fears of speculative bubble


  • TECH
  • Friday, 19 Feb 2021

As Bitcoin continues to scale to record highs, those betting on it are beginning to worry when the bubble will burst. — REUTERS

Bitcoin has enjoyed a record-breaking week after electric carmaker Tesla and Wall Street finance giants sparked a goldrush for the world's most popular virtual currency, but bubble fears persist.

Investors and mega-corporations alike have been wooed by dizzying growth and the opportunity for profit and asset diversification.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

AI helps this plush robot pet express emotions
Pinterest secretly tracks users, EU privacy group says
Missouri to probe Google over allegations of censoring conservative speech
Microsoft CEO Nadella's 2024 pay rose 63% to $79 million on stock awards
OPPO leads AI innovation with world’s first on-device MoE implementation
Australia's WiseTech shares jump after CEO White takes on new role
Vivo introduces V40 Lite 5G
Perplexity says will defend itself in the Dow Jones, New York Post lawsuit
Hack at UnitedHealth's tech unit impacted 100 million people, US health dept says
Platinum Equity's Ingram Micro valued at $6 billion as shares jump 15% in NYSE debut

Others Also Read