Page 58 - Cryptocurrency

Struggling with poverty, will Bitcoin be El Salvador's passport to riches?

Without oversight of the president's decision to accept crypto, bad actors and illicit money flows are likely to prosper.

Bitcoin is still being called a bubble after 35% crash in May: Survey

About 80% of fund managers surveyed by Bank of America Corp. called the market a bubble, up from 75% in May

Bitcoin climbs near $40,000 after Musk says Tesla could use it again

It was last up 0.5% at $39,189, straining to escape the relatively tight trading range of this month.

Dollar slips in muted trading as Fed meeting looms; Bitcoin tops $40,000

Currency markets settled in tight ranges with implied volatility plumbing to multi-year lows

Bitcoin hits two-week high after Musk says Tesla could use it again

Bitcoin hit a two-week peak just shy of $40,000 on Monday, after another weekend reacting to tweets from Tesla boss Elon Musk, who fended off criticism over his market influence

Musk says Tesla will accept bitcoins when miners use more clean energy

Tesla Inc Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy.

China's cryptocurrency-mining crackdown spreads to Yunnan in southwest

China accounts for a over half of global bitcoin production

Enforcement Directorate issues notice to WazirX, directors over FEMA breach

Exchange said they are yet to receive ED notice

'Yet to receive any ED notice, your funds are absolutely safe,' says WazirX

"WazirX is yet to receive any show-cause notice from the Enforcement Directorate as mentioned in today's media reports. WazirX is in compliance with all applicable laws," the company said.

China arrests over 1,100 for money laundering in crypto crackdown

Busts 170 groups for money laundering

Bitcoin price climbs as Basel panel proposes banking capital rules

The announcement from the Basel Committee on Banking Supervision is another sign that the world of traditional finance is responding to the rise of crypto assets

Global regulator puts Bitcoin in highest risk category in bank capital plan

Basel Committee on Banking Supervision says the banking industry faces increased risks from cryptoassets because of the potential for money laundering, wild swings in prices

Global bank regulators plot toughest capital regulation for bitcoin

Bitcoin and other cryptocurrencies are currently worth around $1.6 trillion globally

Crypto outlook: JPMorgan sees signal of coming bear market in Bitcoin

Traders are waiting for the next catalyst to break Bitcoin from a $30,000 to $40,000 range that's been in place since a collapse from a record of almost $65,000 in April.

El Salvador becomes first country to adopt Bitcoin as legal tender

The move to make the virtual coin legal tender is a rare slice of good news for the largest cryptocurrency, which is struggling to recover from a rout in May.

Global crypto exchanges scout entry into India despite potential ban

US-based Kraken, Hong Kong's Bitfinex and rival KuCoin are actively scouting the market, says report.

Bitcoin falls below $32K after Colonial Pipeline's ransom recovery

The US recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber attack on Colonial last month

Bitcoin's fizzling 2021 returns start to lag mainstream assets: Here's why

The largest token tumbled almost 6% at one point in Asian trading Tuesday

Bitcoin believers have nothing to worry about; their crypto is here to stay

Other investments require even greater leaps of faith. You can do a lot worse than Bitcoin.

FBI says recovered $2.3 mn from ransom paid to colonial pipeline hackers

US law enforcement agencies seized a stash of bitcoins worth about $2.3 million believed to be the majority of the ransom proceeds from the Colonial Pipeline cyberattack, the FBI announced