Page 19 - Latest Updates on Bitcoin
Bitcoin tops $42,000 as Yellen lauds 'historic' crypto overhaul
Yellen praised an upcoming order from Biden in a statement on Treasury's website that was later removed, saying it strikes the right balance between fostering innovation and addressing potential risks
 "Bitcoin tops $42,000 as Yellen lauds 'historic' crypto overhaul")
Indian founder on the run in global $2.4 bn crypto ponzi scheme
Satish Kumbhani, founder of crypto BitConnect who has been indicted in the US for running a $2.4 billion crypto ponzi scheme, has likely "relocated from India to an unknown location" abroad
 "Indian founder on the run in global $2.4 bn crypto ponzi scheme")
Bitcoin tops $44,000 in tentative comeback as portfolio hedge
Bitcoin can benefit from some of the instability which will likely befall the dollar and euro as a result of worsening international tensions, says an expert
 "Bitcoin tops $44,000 in tentative comeback as portfolio hedge")
Bitcoin hovers around $39K amid talks of Russia-Ukraine dialogue
Earlier, the global crypto market lost nearly 10 per cent of its value as Russia invaded Ukraine on Thursday
 "Bitcoin hovers around $39K amid talks of Russia-Ukraine dialogue")
Legal or illegal? SC asks Centre to make its stand clear on Bitcoins
The Reserve Bank of India's order banning banks from supporting crypto transactions, was reversed in March 2020, by the Supreme Court.
 "Legal or illegal? SC asks Centre to make its stand clear on Bitcoins")
Ukraine crisis: Bitcoin jumps more than 11%; Russian stocks & ruble rise
Other digital coins including ether and XRP saw solid gains as well
 "Ukraine crisis: Bitcoin jumps more than 11%; Russian stocks & ruble rise")
Bitcoin helping Russia evade financial sanctions, Putin may legalise crypto
Bitcoin surged to $39,000 in a quick rally following Biden's sanctions after dipping below $35,000 on Thursday when Putin declared war on Ukraine
 "Bitcoin helping Russia evade financial sanctions, Putin may legalise crypto")
Bitcoin donations soar for Ukrainian army amid war with Russia
Come Back Alive, a Ukrainian NGO that raises crypto funds for the Ukrainian army, received more than $400,000 worth of digital tokens in the past day
 "Bitcoin donations soar for Ukrainian army amid war with Russia")
Russia-Ukraine crisis: Bitcoin and other cryptocurrencies plummet
The traditional safe haven gold, meanwhile, surged to the highest level since early 2021 on Thursday
 "Russia-Ukraine crisis: Bitcoin and other cryptocurrencies plummet")
Cryptos: Bitcoin, Ether dive as Russia's assault on Ukraine rocks markets
The largest token fell as much as 8.5% to $34,337 after Vladimir Putin's push to demilitarise Ukraine started with a barrage of missile attacks on Thursday
Gold fights off rising rates, Bitcoin to be haven amid Ukraine tensions
Prices have surged to the highest since the start of June on escalating tensions between Russia and the West over Ukraine
 "Gold fights off rising rates, Bitcoin to be haven amid Ukraine tensions")
Crypto vs gold: Bitcoin losing out to gold has analysts eyeing $30k level
Bitcoin dropped to a more than two-week low as fears of a possible Russian invasion of Ukraine prompted some analysts to predict the largest cryptocurrency could slide toward the key $30,000 level
 "Crypto vs gold: Bitcoin losing out to gold has analysts eyeing $30k level")
Amid 40% fall in price, Bitcoin could be laid low by miners' malady
The hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months to blow past 200 million "terahashes" per second
 "Amid 40% fall in price, Bitcoin could be laid low by miners' malady")
Yen bid, bitcoin battered as Ukraine fears leave traders nervous
Bitcoin was trading around $40,500, around a two-week low, after a tumble late on Thursday left it down 7.6% on the day
 "Yen bid, bitcoin battered as Ukraine fears leave traders nervous")
El Salvador tells bitcoin-wary US senators to stay out of internal affairs
Senators asked the State Department to submit a report on the implementation of bitcoin in El Salvador with the purpose of assessing the risks it poses to the US economy
 "El Salvador tells bitcoin-wary US senators to stay out of internal affairs")
Criminals had $11 billion worth illicit cryptocurrencies in 2021
As of the end of 2021, stolen funds account for 93 per cent of all criminal balances, at $9.8 billion.
 "Criminals had $11 billion worth illicit cryptocurrencies in 2021")
Triple digit rewards of staking offer respite to cryptocurrency investors
The recent guidance by the US on transaction reporting by crypto companies is shining some light on staking - one of the least understood but hottest corners of the digital-asset world.
US accuses couple of laundering $4.5 bn in bitcoin tied to 2016 hack
The pair is accused of conspiring to launder 119,754 bitcoin stolen after a hacker broke into Bitfinex and initiated more than 2,000 unauthorized transactions
Bitcoin mimics stocks rally, hits two-week high
The world's largest cryptocurrency hit $41,983, taking gains from Thursday's lows to nearly 16%, and marking a 27% rise from the year's low of $32,950.72 on Jan. 24
Bitcoin, Ether advance as Amazon share surge buoys tech stocks
Bitcoin rose as much as 3.4% to $38,221, while Ether rallied as much as 7.1% to $2,850.
 "Bitcoin, Ether advance as Amazon share surge buoys tech stocks")
