The banking regulators in the US have announced a plan to clarify the rules and regulations around how banks can use cryptocurrencies over the next year
Keep the cryptos required for trading in the former and the balance in the latter
The rally was partly fueled by Elon Musk's latest tweet about his own puppy
President Nayib Bukele, who pushed for adoption of the cryptocurrency, called for help from users who had already downloaded the government-backed app, to test if it was now working properly
He expressed apprehension that there is a possibility of using this virtual asset for criminal activity in absence of regulation and there are numerous instances indicating that.
The world's biggest and best-known cryptocurrency is up 81% from this year's low of $27,734 on Jan. 4
Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week
Among the many parts of its plan, Worldcoin has designed an orb-shaped device that would scan a person's iris to build a unique personal identifier
Start with small investments, but exclude from portfolios aimed at key financial goals
Bitcoin, the biggest and most popular cryptocurrency, rose 8.75 per cent to touch $40,000, after plunging 14 per cent on Wednesday to its lowest since late January.
Large firms signal mainstream acceptance of crypto
Retail investors should stay away given the high volatility
The government needs to realise that cryptocurrencies today are what stocks were in the 17th century. They cannot be ignored and the door cannot be shut on them in the long run
Customers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat currencies at checkouts to make purchases, the company said
Company said it launched the programme with payment and crypto platform Crypto.com
Federal Reserve Chair Jerome Powell said Monday that the US public needs to understand the risks behind Bitcoin and other crypto currencies
The spike came in the wake of Tesla's $1.5 billion bitcoin bet
Cryptos will develop frameworks for increased privacy, and checks could generate reduced intrusions into uses of conventional money
Rising inflation expectations, Wood believes, is one of the reasons that will boost cyclical trades going ahead, and the best way to play this is via bank and oil-related stocks
Twitter had considered how it might pay vendors or employees using bitcoin, should they ask to transact using the virtual currency