Bitcoin news LIVE – Safemoon records 130% price rise as Elongate becomes newest Cryptocurrency in tribute to Elon Musk


CRYPTOCURRENCIES like Bitcoin and Dogecoin are seeing record-breaking prices this week, but what’s the difference between them all?

Some of these currencies are gaining legitimacy thanks to support from well-known, mainstream companies such as PayPal, Mastercard, Facebook and Tesla.

Prices are also rising ahead of the float of Coinbase – a company that lets you buy and sell other cryptocurrencies.

As a result of sky high prices, some people are looking at investing in currencies like Bitcoin, Dogecoin and Ethereum in the hopes of cashing in on the action.

However, it’s important to note that while some of these cryptocurrencies are currently doing very well, prices are extremely volatile and investors should be wary.