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Bitcoin Sets Another All-Time High in Climb Toward $110,000

(Bloomberg) -- Bitcoin reached an all-time high for a second consecutive day, with traders eyeing the $110,000 price level. Most Read from BloombergHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearThe original cryptocurrency rose as much as 2.1% to $108,315 on Tuesday, before retreating back to its price at the start of the day around $106,000. It has surged more than 150% this year, and traders are increasing bets for further gains in the options mar

Trump Serious About Bitcoin Reserve, Says MicroStrategy's Michael Saylor: 'Buy It Now And Own The Future'

MicroStrategy co-founder and executive chairman Michael Saylor said Monday that the incoming Donald Trump administration was serious about setting up a U.S. strategic Bitcoin (CRYPTO: BTC) reserve. What happened: During a CNBC interview, Saylor stressed the importance of "buying the future" if one knows where the money is going. "All the capital outside the U.S. and all the 20th-century antiquated capital is going to flow into digital assets and the Bitcoin network," the Bitcoin bull said. "The