RATE Group | Bitcoin Hits April High; Crypto Portfolios Get Stimulus Injection
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Bitcoin Hits April High; Crypto Portfolios Get Stimulus Injection

26 Apr Bitcoin Hits April High; Crypto Portfolios Get Stimulus Injection

Posted at 17:58h in Bitcoin News by

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CRYPTO MARKETS

Bitcoin surged to its highest level in more than a month Thursday morning, with market analysts optimistic that its bull run will continue. Futures contracts are trading at a premium compared with spot prices, generally a sign of near-term upside, and prices have doubled since their low point in early March. Other cryptocurrencies enjoyed slight gains late in the week as well.

PAYING FOR BIG MACS

The People’s Bank of China released a list of companies that will be test sites for its national digital currency in the near future, and it includes some familiar names. Starbucks
SBUX
, McDonald’s
MCD
 and Subway locations in three large cities will begin offering payment via the digital…

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