Brendan McDermid/Reuters
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Rapper 50 Cent says he accepted bitcoin as payment for his 2014 album "Animal Ambition." The 700 bitcoin he reportedly raked in are now worth between $7 million and $8.5 million, and he hasn't offloaded his stake yet.
Here's the full rundown of cryptocurrencies as of Wednesday morning:
- Bitcoin (BTC): $11,034 (+1.8%)
- Ethereum (ETH): $1,018 (+3.6%)
- Ripple (XRP): $1.33 (+0.01%)
- Bitcoin Cash (BCC): $1,602 (-0.4%)
- Litecoin (LTC): $177 (-0.3%)
What's happening:
- Ripple announced today it has signed two new financial services firms onto its clearing and settlement product.
- $9 billion startup Stripe drops bitcoin support because it doesn't make sense as a means of payment.
- 'Mrs. Watanabe' is back: How the archetypal Japanese housewife is fueling the bitcoin craze.
- Millennials are flocking to cryptocurrency and cannabis stocks, TD Ameritrade CEO Tim Hockey said in an interview.
- South Korea says it will ban anonymous cryptocurrency accounts used for financial transactions in order to boost transparency.
- China's cryptocurrency crackdown cost bitcoin company BTCC tens of millions in revenue: 'It was in the realm of our worst possibility'
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