Bitcoin

Bitcoin
IMF’s Silence Signals El Salvador Needs to Abandon Bitcoin to Secure $1.3B Loan
January 28, 2022

El Salvador is still asking the International Monetary Fund (IMF) for a $1.3 billion loan, and the IMF is still asking El Salvador to drop bitcoin as legal tender. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Bitcoin
Bitcoin Daily: BitWage Debuts New Bitcoin Payroll Functions; Bitcoin Millionaires See Double-Digit Percentage Drop In...
January 26, 2022

BitWage, which makes bitcoin payroll services, has debuted a new platform to help people get paid in bitcoin, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Bitcoin Daily: MicroStrategy to Keep Investing in Bitcoin; IMF Wants El Salvador to Undo Bitcoin...
January 25, 2022

Bitcoin-accumulating software company MicroStrategy plans to keep investing in the crypto, even as bitcoin’s value has taken some hits in the last few days, according to chief financial officer Phong Le. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Bitcoin
Bitcoin Daily: Crypto Market Loses $130B in a Day; Bitcoin Ends Day Up Slightly; Turkish...
January 24, 2022

According to CNBC, the crypto market has lost $130 billion over the last 24 hours. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Bitcoin
Bitcoin Daily: Crypto Prices Drop After Russia Calls for Ban; Bitcoin Drops Below $35,000
January 23, 2022

Bitcoin hit its lowest dollar value since last August as it fell below $37,000 on Friday (Jan. 21), The Wall Street Journal (WSJ) wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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El Salvador Turns to DeFi, Uses Bitcoin-Backed Microloans to Fight Loan Sharks
January 21, 2022

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Bitcoin
Bitcoin’s Slide Casts Doubt on Its Usefulness for Payments
January 21, 2022

Bitcoin has transformed from a cryptocurrency into a store of value on par with gold as an inflation hedge. So said Wall Street and institutional investors diving into BTC and the broader crypto market in 2021 — Gold 2.0. It’s a narrative many in the...

Bitcoin
Bitcoin Daily: SEC Rejects Scaramucci Bitcoin Investment Fund Idea
January 20, 2022

The Securities and Exchange Commission has shot down Anthony Scaramucci’s proposal for a bitcoin investment fund over the risk posed to investors, Politico reported Thursday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bitcoin
Bitcoin Daily: EU Regulator Thinks Crypto Mining Needs to Be Banned; US Hearing Will Look...
January 19, 2022

Erik Thedéen, a leading European Union financial regulator, thinks the EU should ban the system used to mine bitcoin due to energy use concerns, according to a Financial Times report Wednesday (Jan. 19). Get the Full Story Complete the form to unlock this article and...