Joseph Stiglitz at Davos

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Bitcoin is hovering around $10,000 Tuesday, having come within one dollar of the milestone in the early morning hours.

Here’s how all the other cryptocurrencies stack up:

Bitcoin (BTC): $11,288 (+4.4%)
Ethereum (ETH): $1,006 (+0.7%)
Ripple (XRP): $1.38 (+3.4%)
Bitcoin Cash (BCC): $1,670 (+4.1%)
Litecoin (LTC): $182 (+1.9%)

What’s happening:

Nobel economist Joseph Stiglitz sees no legal functions for bitcoin: ‘We have a good medium of exchange called the dollar,’ he said at Davos.
Cryptocurrency exchange app Coinbase reportedly made more than $1 billion in revenue last year.
Bitcoin miners are making it impossible for people to find a crucial component for PC gaming.
A South Korean regulator sold his crypto holdings two days before new rules were announced — and people are furious.
The world’s most valuable bitcoin startup just grabbed an ex-Twitter exec to make cryptocurrency more user-friendly.

SEE ALSO: A popular bitcoin stock announced a …read more

Source:: Businessinsider – Technology

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