Without a fairly sharp jump, bitcoin is going to end the year below the $51,000 level at which El Salvador bought its first 200 BTC, a somber note for the largest cryptocurrency’s turn as an official national currency. But then, El Salvador’s President Nayib Bukele...
The Central Bank of Bahrain has granted Binance in-principle approval to become a crypto-asset service provider in the kingdom, Binance announced Monday (Dec. 27). Binance says this came after the company applied for a CBB license to become a fully-regulated, centralized crypto exchange. Meanwhile, digital...
Investors in bitcoin are seeing a two-week high, with the popular coin hitting $51,144.62 on Dec. 26, a report says. This comes after a difficult few weeks where the coin saw a 33% drop. That came after bitcoin hit an all-time record on Nov. 10,...
Cryptocurrency in the South American nation of Paraguay could be facing new rules in the new year. The measure was approved by Paraguay’s Chamber of Senators last summer. Under the legislation, virtual assets are defined, and a license would be required to mine cryptocurrencies. It...
Idaho Central Credit Union, the biggest credit union in the state, will offer bitcoin services, a report from Bitcoin Magazine says. This will allow clients to buy, sell and hold BTC within their accounts. The feature was made possible from a partnership between the credit...
TeraWulf, which has seen investments from Gwyneth Paltrow, has seen falling shares during its public Nasdaq debut on Tuesday (Dec. 14), Bloomberg reported. TeraWulf’s objective is to offer more environmentally-conscious ways to process crypto transactions. The firm went public after a merger with Ikonics, an...
Bitcoin has seen its price fall again, down over 20% from its high, with this being potentially the fourth straight week of declines, Yahoo Finance writes. There have been crypto analysts looking at the risks, including that selling in a highly leveraged asset like bitcoin...
Bitcoin and other cryptocurrency prices continued seesawing on Sunday (Dec. 5), with overall values near all-time lows and the world’s most popular eCurrency — bitcoin — holding below $50,000. After an all-time high of $68,990.90 on Nov. 10, prices hovered below $60,000 and stayed there,...
Bitcoin lost over 17 percent overnight from Friday (Dec. 3) to Saturday morning, plunging to a low near $42,000 and inching back to $49,000 around midday EST. The decline was even more dramatic for some offshore platforms, where bitcoin dipped as low as $28,800. The...
