Tag: bitcoin

November 17, 2020

Bitcoin is on a tear this year. The cryptocurrency just hit $17,000 — a level it hasn’t breached in nearly three years — continuing a wild run that’s reminiscent of its monster rally in 2017. The price of bitcoin was […]

November 5, 2020

Bitcoin is in rally mode once more. Whether it’s uncertainty from the U.S. election, the future of the pandemic or simply more investor interest, the cryptocurrency is at the highest level since January 2018. Bitcoin was up 3.3% at $14,463 […]

October 21, 2020

PayPal announced Wednesday that it will soon begin letting users buy cryptocurrency within its app. The news was hailed as transformative by advocates of decentralized currencies such as bitcoin. Bitcoin continued a strong upward trend on the news, reaching annual […]

September 14, 2020

New data provided to Fortune by the cryptocurrency research firm Chainalysis finds that Ukraine and Russia rank first and second, respectively, in the adoption of cryptocurrencies like Bitcoin. But while the vast majority of this activity is legitimate, Eastern Europe […]

September 9, 2020

In the ten years since Bitcoin came on the financial scene, central banks have quietly been dabbling in digital currencies of their own. Now, Mastercard has unveiled a tool designed to simulate how those currencies would work in the real […]

May 8, 2020

A rally in bitcoin led the cryptocurrency market higher ahead of a major technical event for the digital coin and as industry participants report an increased interest from institutional investors. Bitcoin crossed $10,000 on Friday morning Singapore time, the first […]

June 24, 2019

Oil, gold, and bitcoin jumped on Monday ahead of President Trump’s reveal of “major” sanctions on Iran, as traders parked their cash in commodities and cryptocurrencies in the face of rising geopolitical tensions. “We are putting major additional sanctions on […]

May 13, 2019

Bitcoin has jumped above $7,000, continuing a stunning comeback for the cryptocurrency in 2019. The virtual currency climbed close to $7,600 on Sunday, according to industry website CoinDesk. It’s since pared gains, but is still holding above that $7,000 level. […]

April 2, 2019

Bitcoin jumped suddenly on Tuesday, following months of relatively low volatility in an asset once known for its wild price swings. The price of the world’s largest cryptocurrency bounced 14 percent higher to about $4,700, according to CoinDesk data, reaching […]

March 4, 2019

Bitcoin prices traded lower on Monday, falling more than 2% and trading to their lowest level in two weeks. In Monday trade, a single bitcoin BTCUSD, -2.27% was fetching $3,702.80, down 2.2% since Sunday’s level at 5 p.m. on the […]

January 9, 2019

Europe’s top banking regulator wants lawmakers to look into creating pan-EU rules for cryptocurrencies such as Bitcoin and Ethereum, in order to give consumers better protection across the bloc. In a report issued Wednesday, the European Banking Authority (EBA) noted […]

December 19, 2018

Bitcoin is finally rallying again. After weeks of pain for the world’s largest cryptocurrency, bitcoin surged 10 percent to a high of $3,929.10, according to data from CoinDesk. Wednesday’s performance brings bitcoin’s three-day gains to more than 22 percent. Other […]

December 10, 2018

Bitcoin prices rallied as much as 10% over the weekend, giving virtual currency owners some respite after another tumultuous week. However, after moving above $3,600 on Sunday, the price of a single bitcoin BTCUSD, -1.98% has drifted lower and was […]

December 7, 2018

If there’s a floor to Bitcoin’s terrible 2018 trajectory, it may not have hit it yet. The leading cryptocurrency lost 12% of its value in the last day, falling south of the $3,400 mark. Reminder: a year ago today, one […]

November 26, 2018

Starting this week, Ohio businesses will be able to pay their taxes with Bitcoin. Ohio will become the first state to do so—others, including Arizona, Georgia, and Illinois have considered legislation that would similarly allow businesses to use Bitcoin for […]

October 31, 2018

Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. On October 31, 2008 bitcoin was born — and in the past […]

October 24, 2018

Bitcoin and major cryptocurrency prices were largely unchanged on Wednesday morning. Bitcoin, the world’s largest digital currency, has been seesawing between $6300 and $6,500 for the last eight trading sessions and that trend was continuing Wednesday, with a single bitcoin […]

October 10, 2018

In the world of Bitcoin, mysterious “whales”—individuals who own large hoards of the digital currency—have long been a source of speculation and anxiety. Now, new research sheds light on the identity of the whales and their impact on the market. […]

September 6, 2018

The sharp sell-off that gripped cryptocurrency markets on Wednesday has extended into a second day, with major digital assets across the spectrum continuing to fall during trading on Thursday. Wednesday’s initial move seemed to have no real catalyst, beyond a […]

September 5, 2018

The price of cryptocurrencies plunged across the board suddenly and sharply Wednesday morning, seemingly with no clear reason to do so. Having been steady at around $7,350 per coin during most of trading during both Asian and European morning hours, […]