Billionaire venture capitalist Peter Thiel is a big fan of cryptocurrency.
The Wall Street Journal reported that Thiel has purchased $15 million to $20 million worth of cryptocurrencies since mid-2017 through his venture capital firm, Founders Fund.
The news spurred a hike in Bitcoin prices Tuesday afternoon to over $15,000 after an unwavering downturn over the holiday break.
Bitcoin peaked in mid-December at $19,800 but dropped by more than one-third to $12,500 right before Ch
RelSci News & Alerts gets you: