Twitter and Square CEO Jack Dorsey has come out in favor of bitcoin, saying Square would always work to boost the cryptocurrency, Bloomberg says. Dorsey said bitcoin “changes everything for the better.” He made the tweet in what seemed to be a response to a...
Argentinian tax authorities are looking at scrutinizing operations involving cryptocurrency, Cointelegraph writes. Argentina’s Federal Administration of Public Income (AFIP) has told domestic crypto exchanges to put out monthly reports on the way users are using their platforms. The authority wants local crypto firms to keep up...
Bitcoin tumbled some 15 percent on news that Elon Musk will no longer take the cryptocurrency for Tesla payments due to environmental concerns, CNBC and other news outlets reported. The entire cryptocurrency market lost more than $365 billion after the Tesla CEO tweeted that the...
Tesla no longer will accept Bitcoin payments for cars, company founder and cryptocurrency cheerleader Elon Musk announced on Twitter Monday (May 12). Bitcoin’s value on the Coinbase exchange fell sharply in the immediate aftermath of Musk’s tweet, dropping to $46,033 per Bitcoin from $54,605 in...
SpaceX, the company helmed by Elon Musk, is launching its “DOGE-1 Mission to the Moon” campaign, which “will obtain lunar-spatial intelligence from sensors and cameras on board with integrated communications and computational systems” and fly to the actual moon, CNBC writes. CNBC reports that the...
It seems long ago and far away. Bitcoin’s debut in 2008 was shrouded in mystery (and still is), as Satoshi Nakamoto’s identity has not been revealed. Its initial price was fractions of a penny; by 2011, the crypto was trading at $1. Today, its price,...
The cryptocurrency market took a $260 billion dive on Friday (April 23), with bitcoin trading below $50,000 for the first time in weeks and other coins tumbling to new lows, CNBC reported. Bitcoin lost about 10 percent in value, trading at $49,281.40 at around 2...
The price of bitcoin fell this weekend, down as much as 19.5 percent from the record highs from the past week, CNBC writes. Bitcoin was as low as $52,148 as of Sunday (April 18) morning. That comes after the cryptocurrency rose to as much as...
The Commodity Futures Trading Commission has issued a judgment against a Ponzi scheme operator, David Gilbert Saffron, and a Nevada corporation, Circle Society, a press release says, to pay together the amount of $14,841,280 to defrauded pool participants, disgorgement of $15,815,967, and a civil monetary...
