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.
Dec 16, 2020
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Page 7 - News tagged with bitcoins
Business
Bitcoin plunges below $20,000
Bitcoin plunged below $20,000 on Saturday, shedding nine percent from the previous day to fall to $18,740, its lowest level since December 13, 2020.
Jun 18, 2022
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Business
Cryptocurrency's dirty secret: Energy consumption
Though skeptics may characterize cryptocurrency as "fake money," "worse than tulip bulbs," or outright fraud, it is a very real business. The market capitalization of the almost 19,000 cryptocurrencies in circulation is currently ...
May 5, 2022
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Business
Why China is getting tough on crypto
Cryptocurrency prices have fluctuated wildly in recent weeks as China intensifies a crackdown on trading and mining operations.
Jun 21, 2021
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Business
Dorsey fintech firm Block wants bitcoin mining for all
Jack Dorsey on Thursday announced that his digital payments firm Block is building a system to make it easier for people to mine bitcoin.
Jan 14, 2022
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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.
May 13, 2020
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Business
Bitcoin tumble slows with help from Elon Musk
Bitcoin's value plunged on Wednesday after China signaled a new crackdown on the cryptocurrency, but its losses were cushioned after Tesla head Elon Musk spoke up on Twitter.
May 19, 2021
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Business
Bitcoin faces uncertain 2022 after record year
The price of bitcoin hit record highs in 2021 thanks to support from traditional finance, but cryptocurrency specialists are struggling to predict next year's outcome for the volatile sector.
Dec 31, 2021
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Security
US seizes $3.6 bn of stolen bitcoin in record haul
The US Justice Department announced Tuesday it had recovered more than 94,000 bitcoin stolen in 2016, currently valued at $3.6 billion, a record seizure.
Feb 8, 2022
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Business
Markets ponder Musk role in cryptocurrency turbulence
First he loved them, then he doubted them, but is he manipulating them? Tesla boss Elon Musk's tweets about cryptocurrencies like bitcoin are annoying their devotees and raising eyebrows among market watchers.
May 21, 2021
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