Business

Bitcoin surges past $50,000 for first time

Bitcoin soared above $50,000 for the first time Tuesday as corporate heavyweights increasingly back the world's most popular virtual currency.

Business

Canada authorizes first exchange-traded bitcoin fund

Canada's main securities regulator has cleared the launch of the world's first exchange-traded bitcoin fund, the investment manager and the regulator said Friday, giving retail investors greater access to the booming cryptocurrency.

Business

Electric carmaker Tesla invests $1.5 bn in bitcoin

Tesla helped push bitcoin to an all-time high Monday after the carmaker announced a $1.5 billion investment in the digital money and plans to accept the cryptocurrency from customers buying its electric vehicles.

Business

Bitcoin's rollercoaster ride

Virtual currency bitcoin—which broke the $20,000 barrier in trading for the first time Wednesday—morphed from an academic paper to one of the world's most closely-watched crypto currencies.

Business

Bitcoin rises after eagerly awaited 'halving'

Bitcoin rose Wednesday after undergoing an eagerly awaited adjustment that occurs every few years to limit the amount of the virtual currency on the market, building on a recent coronavirus-driven rally.

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