With bitcoin rising, the luxury world is reportedly showing more interest in allowing cryptocurrency payments. As Reuters reported Wednesday (Dec. 18), until recently just a handful of brands — including Gucci and LVMH watch labels Hublot and Tag Heuer — had permitted crypto payments. But...
Bitcoin and the global cryptocurrency market reportedly hit record highs Wednesday (Nov. 20). Bitcoin hit a record high of $94,982.37 before dipping to $93,709, a figure that was still up 1.6%, Reuters reported Wednesday. The value of the global cryptocurrency market also hit a record...
Donald Trump’s election victory has been a win for the world’s most popular cryptocurrency. The price of bitcoin came close to $90,000 on Tuesday (Nov. 12), driven by continued enthusiasm for the advent of a pro-crypto White House, Reuters reported. The price of bitcoin had...
Bitcoin payment processor IBEX Pay will suspend all its services in the United States, effective May 31. The company announced the move in a Wednesday (May 15) post on X (formerly Twitter). “Any outstanding balance will be transferred to our clients’ Swan accounts or Bitcoin addresses,” IBEX Pay...
Bitcoin continued its recent decline, falling below $39,000 on Tuesday. This marks the world’s largest cryptocurrency’s lowest level since December and comes after a 2.5% drop to $39,163.22, CNBC reported Tuesday (Jan. 23). The cryptocurrency had already experienced a 4% loss the previous day when it briefly...
Japanese eCommerce giant Mercari will reportedly begin accepting bitcoin payments on its platform in June. While prices for products listed on Mercari’s flea market app will be displayed in Japanese yen, users will have the option to purchase them with bitcoin, Cointelegraph reported Monday (Jan. 8), citing...
The Securities and Exchange Commission (SEC) should approve all applications for spot bitcoin exchange-traded funds (ETFs) simultaneously, Grayscale Investments CEO Michael Sonnenshein said Monday (Dec. 18). In an interview with Bloomberg TV, Sonnenshein said that this approach would create an even playing field for investors and prevent any disadvantage to the...
Bitcoin technology and financial services company River launched a feature that enables global bitcoin payments via text message. With the new River Link, users can send a link via text, email or messaging app, and recipients can claim the bitcoin sent to any wallet, anywhere...
Block has launched its self-custody bitcoin wallet Bitkey in 95 countries. The new wallet, announced Thursday (Dec. 7) is designed to widen access to self-custody and comes amid a resurgence in the price of bitcoin. “Today, the vast majority of the millions of bitcoin owners keep their bitcoin in the...
