Bitcoin continued its recent decline, falling below $39,000 on Tuesday. This marks the world’s largest cryptocurrency’s lowest level since December and comes after a 2.5% drop to $39,163.22, CNBC reported Tuesday (Jan. 23). The cryptocurrency had already experienced a 4% loss the previous day when it briefly...
Japanese eCommerce giant Mercari will reportedly begin accepting bitcoin payments on its platform in June. While prices for products listed on Mercari’s flea market app will be displayed in Japanese yen, users will have the option to purchase them with bitcoin, Cointelegraph reported Monday (Jan. 8), citing...
The Securities and Exchange Commission (SEC) should approve all applications for spot bitcoin exchange-traded funds (ETFs) simultaneously, Grayscale Investments CEO Michael Sonnenshein said Monday (Dec. 18). In an interview with Bloomberg TV, Sonnenshein said that this approach would create an even playing field for investors and prevent any disadvantage to the...
Bitcoin technology and financial services company River launched a feature that enables global bitcoin payments via text message. With the new River Link, users can send a link via text, email or messaging app, and recipients can claim the bitcoin sent to any wallet, anywhere...
Block has launched its self-custody bitcoin wallet Bitkey in 95 countries. The new wallet, announced Thursday (Dec. 7) is designed to widen access to self-custody and comes amid a resurgence in the price of bitcoin. “Today, the vast majority of the millions of bitcoin owners keep their bitcoin in the...
America’s largest bank is apparently skeptical about recent cryptocurrency market enthusiasm. As Coindesk reported Monday (Nov. 13), a recent research report by JPMorgan Chase calls into question the excitement about the possible approval of spot bitcoin exchange-traded-funds (ETFs) that has led to a bull market for crypto. This sentiment...
Bitcoin experienced a brief surge to a fresh 17-month high Wednesday (Nov. 1) before retreating from the $35,000 mark. The cryptocurrency jumped around 1.5% to $35,185 early Wednesday in New York, surpassing the most recent high set last week and reaching its highest price since...
Investor optimism about the future of exchange-traded funds (ETFs) has apparently been good for bitcoin. As Bloomberg News reported Tuesday (Oct. 24), the world’s largest cryptocurrency reached $35,000 for the first time since last year, driven by the possible approval of the first U.S. spot Bitcoin...
Grayscale Investments, a prominent crypto asset manager, has won a court ruling that requires the Securities and Exchange Commission (SEC) to reconsider its application for the first bitcoin exchange-traded fund (ETF). This ruling is seen as a setback for SEC Chair Gary Gensler’s efforts to regulate the...
