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Bitcoin extends retreat from record high to hit lowest in 20 days

Reuters
Posted at Mar 01 08:33 AM

Bitcoin fell to its lowest since Feb. 8 in thin trade on Sunday, down 3.7 percent from Friday's close as the pullback from a record high near $60,000 continued. Read more »

Record-breaking Bitcoin tumbles on US treasury chief's warning

Agence France-Presse
Posted at Feb 24 12:03 PM

At about 1500 GMT, the digital currency slid 12.57 percent to $47,946, while rival ethereum declined 15 percent to $1,539.   Read more »

Bitcoin battles for support at $50,000

Reuters
Posted at Feb 23 03:20 PM

Bitcoin dropped below $50,000 on Tuesday, as investors began to get a little nervous about the digital currency's lofty valuation and some leveraged players took profit.   Read more »

Bitcoin steams to new record and nears $1 trillion market cap

Tom Wilson and Stanley White, Reuters
Posted at Feb 19 10:19 PM

LONDON/TOKYO - Bitcoin hit yet another record high on Friday, and moved within sight of a market capitalization of $1 trillion, blithely shrugging off analyst warnings that it is an "economic side show" and a poor hedge against a fall in stock prices. Read more »

Bitcoin smashes through $50,000 as it wins more mainstream acceptance

Thyagaraju Adinarayan and Tom Wilson, Reuters
Posted at Feb 17 06:31 AM

Bitcoin soared above $50,000 on Tuesday for the first time, adding steam to a rally fueled by signs that the world's biggest cryptocurrency is gaining acceptance among mainstream investors and companies. Read more »

FACTBOX: Bitcoin's famous backers

Reuters
Posted at Feb 16 09:19 PM

Bitcoin rose above $50,000 on Tuesday for the first time, continuing a rally that has seen it rise nearly 900% since March last year.   Read more »

After dizzying gyrations, what's bitcoin really worth?

Joseph Sotinel, Agence France-Presse
Posted at Jan 17 02:06 PM

After the latest wild ride took the poster child of cryptocurrencies above $40,000 before a stomach-churning plunge, the million dollar question won't go away: how much is bitcoin actually worth? Read more »

Cancel your weekends! Bitcoin doesn't rest, and neither can you

Tom Wilson and Anna Irrera, Reuters
Posted at Jan 11 03:17 PM

Trading volumes across six major cryptocurrency exchanges have been 10% higher at weekends than weekdays in that period, data from researcher CryptoCompare shows. Read more »

Bitcoin: why the price has exploded – and where it goes from here

Reuters
Posted at Jan 07 11:34 PM

 From a year-low on the daily charts of US$4,748 (£3,490) in the middle of March as pandemic fears took hold, bitcoin rose to just below US$30,000 by the end of the year. Read more »

Bitcoin emergence as 'digital gold' could lift price to $146,000, says JPMorgan

Reuters
Posted at Jan 05 10:55 PM

LONDON - Digital currency bitcoin has emerged as a rival to gold and could trade as high as $146,000 if it becomes established as a safe-haven asset, investment bank JPMorgan (JPM) said on Tuesday.   Read more »

Bitcoin hits new record, this time with less talk of a bubble

Nathaniel Popper, The New York Times
Posted at Dec 01 04:29 AM

Bitcoin is back. Again. Read more »

Crypto exchange Coinbase hit by connection, latency problems as bitcoin plummets

Tom Wilson, Reuters
Posted at Nov 27 02:24 AM

LONDON - Cryptocurrency exchange Coinbase said on Thursday its retail and professional-focused platforms were hit by tech problems, with users reporting difficulty trading as bitcoin plunged towards its biggest one-day drop since September. Read more »

Bitcoin at $100,000 in 2021? Outrageous to some, a no-brainer for backers

Gertrude Chavez-Dreyfuss, Reuters
Posted at Nov 24 11:32 PM

Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100,000 in a year.   Read more »

Which central bank will launch world’s first digital currency?

Amanda Lee, South China Morning Press
Posted at Oct 14 11:43 PM

Sovereign digital currencies are traditional money, but in digital form, that will be issued and governed by the world’s regional central banks   Read more »

G-7 finance chiefs meet online to discuss digital currency challenges

Kyodo News
Posted at Oct 13 09:31 PM

They are expected to agree on the need to appropriately regulate payment services using virtual currencies to prevent money laundering and other fraudulent transactions, according to the sources.   Read more »

Xi's pep talk on blockchain lifts Chinese tech shares

Agence France-Presse
Posted at Oct 28 04:26 PM

Dozens of tech shares seen as benefitting from a blockchain boom soared by the 10 percent daily limit allowed on China's main exchanges after Xi made the comments in a meeting of top Communist Party leaders focused on the sector.   Read more »

Libra partners reconsider as governments grumble: report

Agence France-Presse
Posted at Oct 02 09:16 AM

Mastercard, Visa and other financial partners being enlisted to oversee Facebook-backed cryptocurrency Libra are having second thoughts as regulators unleash ire on the project, according to a report Tuesday. Read more »

Cagayan ecozone authority temporarily suspends 3 virtual currency exchanges

Angel Movido, ABS-CBN News
Posted at Sep 17 12:00 PM

The Cagayan Economic Zone Authority ordered the temporary suspension of its virtual currency exchange licensees pending their move to Cagayan, its spokesperson said Tuesday. Read more »

Manny Pacquiao launches his own 'Pac' crypto tokens

Neil Jerome Morales and Ronn Bautista, Reuters
Updated as of Sep 02 01:43 PM

The 40-year-old boxer, who defeated Keith Thurman to win the WBA Welterweight Super Championship in July and is also a Philippine senator, hopes to cash in on his "Pac" tokens, which will allow fans to buy his merchandise and interact with him via social media. Read more »

Facebook's cryptocurrency faces privacy concerns, political backlash

Katie Paul and Anna Irrera, Reuters
Posted at Jun 19 10:11 AM

The social networking giant has linked with 28 partners including Mastercard, PayPal and Uber to form Libra Association, a Geneva-based entity governing the new digital coin, according to marketing materials and interviews with executives. No banks are yet part of the group. Read more »