Page 20 - Bitcoin

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

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

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

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.

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.

Pune cop kidnapped crypto trader for $40 million Bitcoin ransom

A police constable accused of kidnapping a local cryptocurrency trader and demanding Bitcoin ransom worth $40 million has been arrested along with seven accomplices

Bitcoin January loss is worst start to year since 2018 'crypto winter'

The largest cryptocurrency by market value has notched only about a dozen up days this month

US lawmakers begin probe into Bitcoin miners' high energy use

US lawmakers have come forward to push Bitcoin mining companies into revealing how much electricity they use for crypto mining

International Monetary Fund urges El Salvador to scale back Bitcoin push

The International Monetary Fund said El Salvador should dissolve the $150 million trust fund it created when it made the cryptocurrency Bitcoin legal tender

IMF urges El Salvador to ditch Bitcoin as legal tender citing risks

IMF also said the Covid-19 pandemic interrupted ten years of growth, but El Salvador is rebounding quickly

Hedge against inflation? Bitcoin turns 13, throws interest rate tantrums

The cryptocurrency, born in 2009, was still on the fringes of finance during the Fed's previous tightening cycle, from 2016 to 2019, and was barely correlated with the stock market

Bitcoin bounces off six month lows as buyers step in

The largest cryptocurrency was last up 2.5% at $37,250 after earlier dropping to $32,951, its lowest price since July 23

Bitcoin skids to six-month low as fears of Ukraine conflict shake markets

Wall Street stocks, too, opened down sharply, after last week posting their worst week since 2

Bitcoin tumbles to six-month low as Ukraine conflict fears shake markets

The largest cryptocurrency trading down 7.4% at $33,650, its lowest since July 24, taking losses from its all-time high of $69,000 hit in November past 50%.

Bitcoin, Ether, memecoins steady after tumbling in crypto rout

Bitcoin, the largest cryptocurrency by market value, traded at about $35,350 as of 12:05 p.m. in Singapore.

Cryptos pause after weekend battering, other currencies wait for Fed

Attempts to predict when and how quickly central banks will raise interest rates and conclude stimulus programmes launched when COVID-19 hit are a major factor driving currency markets at present.

Crypto carnage: Bitcoin collapse wipes off $1 trn in the blink of an eye

Bitcoin was last hovering around $35K mark, after falling as low as $34,000