Just days after hitting a new record high of over $34,000, bitcoin rapidly swooped below $30,000 briefly on Monday (Jan. 4). CNBC reported that bitcoin fell to $29,315 early Monday morning, a 12 percent drop from Sunday. As of 7:12 pm ET, the cryptocurrency had...
Bitcoin rose above $34,000 on Sunday (Jan. 3), after crossing the $30,000 milestone for the first time ever the day before. It hit $34,544.94 Sunday morning, CoinDesk reported, before declining slightly, sitting at $32,854.16 as of 7:09 pm ET. The “digital gold” saw gains of...
A lawsuit filed against blockchain money transfer platform Ripple by the U.S. Securities and Exchange Commission (SEC) has prompted Coinbase to suspend all XRP trading. Paul Grewal, chief legal officer of the cryptocurrency trading platform Coinbase, said in a press release that trade limits went...
The price of bitcoin has passed $28,000 on Sunday (Dec. 27) just hours after also passing $27,000 for the first time, according to the NASDAQ. In a continuing showing of the strength of the cryptocurrency, bitcoin is now valued at $500,000, according to the report....
The Italian Banking Association (ABI) is running experiments for a digital euro, CoinDesk reported. The experiments aim to examine a digital euro’s technical feasibility as well as its “programmability” as a coin separate from a central bank digital currency, (CBDC) according to CoinDesk. The digital...
Square‘s Cash App has a new feature letting customers get bitcoin back with any transaction, CoinDesk reported. Previously Cash App only allowed clients to get U.S. currency back with their transactions, according to the report. But bitcoin has been trending upward for the company and...
The Salvation Army Western Territory is now accepting cryptocurrency donations, according to a press release. Donors throughout the U.S. will be able to send bitcoin and ethereum donations to The Salvation Army using the Engiven’s cryptocurrency donation platform, the release stated. Douglas Riley, territorial commander...
Bitcoin reached an all-time high, surging 12 percent to $23,421, more than triple its value since the start of 2020, CNBC reported on Thursday (Dec. 17), citing crypto market data provider Coin Metrics. The digital currency soared year-to-date by more than 200 percent, breaking the...
American Express Ventures has invested in cryptocurrency exchange platform FalconX, according to a press release. The amount was not disclosed in the release, but the investment adds to the $17 million in funding FalconX announced in May, including from investors Accel and Lightspeed Venture partners,...
