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Bitcoin jumps after Musk says Tesla could use it again

Reuters
Posted at Jun 14 02:58 PM

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 and said Tesla sold bitcoin but may resume transactions using it. Read more »

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

Reuters
Posted at Jun 14 07:33 AM

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. Read more »

Bitcoin is now legal tender in El Salvador

Agence France-Presse
Posted at Jun 09 03:37 PM

The Congress of El Salvador has approved a law that will classify Bitcoin as legal tender in the Central American country, its president said, making it the world's first nation to adopt a cryptocurrency. Read more »

Bitcoin sinks and approaches $30,000

Agence France-Presse
Posted at Jun 09 07:34 AM

The price of bitcoin fell sharply on Tuesday, approaching a symbolic $30,000 threshold it has not crossed since January and dragging other cryptocurrencies in its wake. Read more »

Bitcoin plunges: A bust or a buy?

Tommy Wilkes, Sujata Rao and Gertrude Chavez-Dreyfuss, Reuters
Posted at May 20 07:14 AM

Cryptocurrencies that seemed to be defying gravity just weeks ago came back down to earth with a bump on Wednesday after a roller-coaster ride which could undermine their potential as mainstream investments.   Read more »

Bitcoin tumbles below $40,000 after China issues warning

Agence France-Presse
Posted at May 19 02:08 PM

Bitcoin plunged below $40,000 for the first time in more than three months Wednesday after China said cryptocurrencies would not be allowed in transactions and warned investors against speculative trading in them.   Read more »

US gov't, industry push bitcoin regulation to fight ransomware scourge

Joseph Menn and John Shiffman, Reuters
Posted at Apr 29 08:57 AM

Government and industry officials confronting an epidemic of ransomware, where hackers freeze the computers of a target and demand a payoff, are zeroing in on cryptocurrency regulation as the key to combating the scourge, sources familiar with the work of a public-private task force said. Read more »

Bitcoin on your balance sheet? Here's what you need to know

Tom Wilson, Anna Irrera and Jessica DiNapoli, Reuters
Updated as of Mar 08 03:11 PM

Large companies from carmaker Tesla Inc to business intelligence firm MicroStrategy Inc have swapped billions of dollars in cash for bitcoin in recent months.   Read more »

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 »