Bitcoin extends retreat from record high to here in at least 20 days

FILE PHOTO: The representation of the virtual currency Bitcoin is seen on the motherboard in this image illustration taken April 24, 2020. REUTERS / Dado Ruvic / Illustration / File Photo (Reuters) – Bitcoin fell 6.39% to $ 43,165.78 on Sunday, losing $ 2,944.20 from its previous close. Bitcoin, the world’s […]

China’s furtive bitcoin trade is heating up again, worrying regulators

Past Samuel Shen, Andrew Galbraith SHANGHAI (Reuters) – Bitcoin’s 300% rise in prices since October has revived China’s gray market for cryptocurrency trading, putting regulators on alert for financial risks and capital outflows as volatility increases. FILE PHOTO: A small toy figure is seen on representations of the virtual Bitcoin currency […]

Breakingviews – Capital Calls: China digs bitcoin holes

Mining facilities for cryptocurrency will be seen in Pristina, Kosovo on June 12, 2018. HONG KONG (Reuters Breakingviews) – Brief insight into the global economy of the Covid-19 era. ————————————————- SUPPLY-SIDE CRYPTO-NOMICS. China is chewing up another supply chain. Just weeks after bitcoin nearly reached $ 60,000, Inner Mongolia has released […]

Bitcoin recovers $ 50,000 as ‘HODLers’

NEW DELHI: Bitcoin regained the $ 50,000 level on Tuesday as the latest price drop on cryptocurrency attracted buyers, while existing investors retained their positions. The world’s largest cryptocurrency reached a record high of $ 58,640 on February 21, but as its appearance extended, prices fell to a low of $ […]

CoinMover to raise capital for the expansion of Bitcoin ATM kiosks

LYNN, Mass., 02 March 2021 (GLOBE NEWSWIRE) – CoinMover, a US Bitcoin ATM kiosk company, is working for the first time to secure external funds to accelerate the expansion of its kiosk locations. With profitable operations in three states today, CoinMover is ready to scale its model nationwide. After taking advantage […]

Breakingviews – Capital Calls: China digs bitcoin holes

Mining facilities for cryptocurrency will be seen in Pristina, Kosovo on June 12, 2018. HONG KONG (Reuters Breakingviews) – Brief insight into the global economy of the Covid-19 era. ————————————————- SUPPLY-SIDE CRYPTO-NOMICS. China is chewing up another supply chain. Just weeks after bitcoin nearly reached $ 60,000, Inner Mongolia has released […]

Bitcoin rises 8% to $ 48861.48

FILE PHOTO: A collection of bitcoin (virtual currency) tokens is shown in this image illustration taken on December 8, 2017. REUTERS / Benoit Tessier / Illustration (Reuters) – Bitcoin rose 8% to $ 48,861.48 on Monday, adding $ 3,620.52 to its earlier close. Bitcoin, the world’s largest and most well-known cryptocurrency, […]

A large Chinese bitcoin mining center shuts down its cryptocurrency business

A visual representation of the cryptocurrency bitcoin. S3studio | Getty Images GUANGZHOU, China – China’s Inner Mongolia region plans to ban new cryptocurrency projects and shut down existing activity in an effort to reduce energy consumption. Bitcoin is based on a decentralized network, which means that it is not issued by […]

The CBOE seeks approval for the Bitcoin ETF when the price rises

March 2 (Reuters) – CBOE’s global markets are seeking approval from the US Securities and Exchange Commission (SEC) to list a bitcoin Exchange Traded Fund (ETF), according to an application, the latest attempt to launch such a product in the US. The submission came when Citi analysts said the most popular […]

The CBOE seeks approval for the Bitcoin ETF when the price rises

March 2 (Reuters) – CBOE’s global markets are seeking approval from the US Securities and Exchange Commission (SEC) to list a bitcoin Exchange Traded Fund (ETF), according to an application, the latest attempt to launch such a product in the US. The submission came when Citi analysts said the most popular […]

Bitcoin falls 5.84% to $ 43,418

FILE PHOTO: A collection of bitcoin (virtual currency) tokens is shown in this image illustration taken on December 8, 2017. REUTERS / Benoit Tessier / Illustration / File Photo (Reuters) – Bitcoin fell 5.84% to $ 43,418.02 on Sunday, losing $ 2,691.96 from its previous close. Bitcoin, the world’s largest and […]

Bitcoin bounces back after falling to its lowest point in almost three weeks

Bitcoin prices bounced back today after falling to almost $ 43,000. getty Bitcoin prices have experienced a remarkable recovery recently and have risen after falling to almost $ 43,000 yesterday afternoon. The world’s largest digital currency by market value rose to as much as $ 49,520.72 earlier today, CoinDesk data shows. […]

Bitcoin rises 8% to $ 48861.48

FILE PHOTO: A collection of bitcoin (virtual currency) tokens is shown in this image illustration taken on December 8, 2017. REUTERS / Benoit Tessier / Illustration (Reuters) – Bitcoin rose 8% to $ 48,861.48 on Monday, adding $ 3,620.52 to its earlier close. Bitcoin, the world’s largest and most well-known cryptocurrency, […]

The Bitcoin campaign website logs 1 lakh email to legislators about proposed bans

Indiawantsbitcoin.org, a website created by several cryptocurrency players in India to lobby against a proposed ban on individuals cryptocurrency, has registered approximately 1.11 lakh emails to legislators by February 26th. The site was created after the government listed a bill banning all private cryptocurrencies bitcoin just a few days before the […]

Bitcoin is not exactly immune to disputes over its protocol

US Treasury Secretary Janet Yellen soon warned of the inefficiency of Bitcoin earlier last week than cryptocurrency prices. They already fell. Yet for some, the price movement was a demonstration of the exact volatility that Yellen criticized. For others, like Square and MicroStrategy Inc., it was an opportunity to buy the […]

MicroStrategy bitcoin holdings valued at $ 4.38 billion after last purchase

FILE PHOTO: Representations of virtual currency Bitcoin are placed on a computer motherboard in this illustration taken on January 21, 2021. REUTERS / Dado Ruvic / Illustration (Reuters) – Major bitcoin corporate supporter MicroStrategy Inc said on Monday it bought another 328 bitcoins for about $ 15 million in cash, swelling […]

Bitcoin miners face severe penalties for disruption in Abkhazia

Bitcoin miners in Abkhazia who are blamed for the region’s energy crisis are complaining about missed riches when cryptocurrency prices rose to record highs last month. Inal is among those whose hearts fell with the rising prices. The unemployed 30-year-old had saved his savings by setting up a system to generate […]

Bitcoin miners face severe penalties for disruption in Abkhazia

Bitcoin miners in Abkhazia who are blamed for the region’s energy crisis are complaining about missed riches when cryptocurrency prices rose to record highs last month. Inal is among those whose hearts fell with the rising prices. The unemployed 30-year-old had saved his savings by setting up a system to generate […]

Risk currencies, bitcoin recovers when returns are stable

LONDON (Reuters) – The Australian dollar and other more risky currencies recovered against the US dollar on Monday as US government bonds recovered from last week’s losses. FILE PHOTO: Australian dollars are seen in an illustration photo February 8, 2018. REUTERS / Daniel Munoz The benchmark for 10-year US bonds was […]

UPDATE 1-Bitcoin is at a “tipping point”, says Citi

(Adds context, updates bitcoin price) LONDON – March 1 (Reuters) – Bitcoin is at a “tipping point” and may in the future become the preferred currency for international trade or face a “speculative implosion”, says Citi analysts. With the recent embrace of the likes of Tesla Inc and Mastercard Inc, bitcoin […]