Bitcoin, the world’s most valuable cryptocurrency, experienced a significant drop below $26,000 on Thursday, marking its lowest level since June. This decline was part of a broader crypto market slump triggered by news that Elon Musk’s SpaceX had written down the value of its Bitcoin...
Bitcoin had a turbulent weekend, rising to $12,112 in value just after midnight on Sunday (Aug. 2), and then falling to $10,638 just 30 minutes later, Bloomberg reported. The high was bitcoin’s best rate since August of last year, according to Bloomberg’s estimation. As of...
New York-based startup Moon will allow customers to pay for their Amazon purchases with bitcoin via the Lightning Network, bitcoin, Litecoin or Ether. “We believe that cryptocurrency is the future of money. Our team is building the technologies to bring this future to fruition. We...
European Central Bank (ECB) Executive Board Member Benoit Coeure has asked financial regulators to create a framework for crypto projects ahead of Facebook’s launch of its own digital currency, Libra. “It’s out of the question to allow them to develop in a regulatory void for...
November 26, 2018
A more than 30 percent drop in bitcoin prices last week ranks up there in terms of worst-ever one-week declines. There are signs, though, that the price drop for the marquee name in cryptos speaks to more than just speculative panic. Use cases remain limited, and as pricing proves ever more volatile, here's why the picture may not get any brighter.
September 14, 2018
Cryptos are crashing. Good time to come to market with a new coin? Now comes ndau, billed as a buoyant stable coin that is designed to go up over time. ...
May 20, 2024
Bitcoin topped $70,000 for a time on Monday. At one point, it was $3,931 higher than its previous close and 82.3% higher than its 2024 low, which it reached on Jan. 23, Reuters reported Monday (May 20). The report attributed the rise in part to this year’s approval and launch of spot bitcoin exchange-traded funds (ETFs), which […]
August 18, 2023
Bitcoin, the world’s most valuable cryptocurrency, experienced a significant drop below $26,000 on Thursday, marking its lowest level since June. This decline was part of a broader crypto market slump...
August 02, 2020
Bitcoin had a turbulent weekend, rising to $12,112 in value just after midnight on Sunday (Aug. 2), and then falling to $10,638 just 30 minutes later, Bloomberg reported. The high...
October 22, 2019
New York-based startup Moon will allow customers to pay for their Amazon purchases with bitcoin via the Lightning Network, bitcoin, Litecoin or Ether. “We believe that cryptocurrency is the future...
