Page 18 - Latest Updates on Bitcoin
El Salvador tells bitcoin-wary US senators to stay out of internal affairs
Senators asked the State Department to submit a report on the implementation of bitcoin in El Salvador with the purpose of assessing the risks it poses to the US economy
 "El Salvador tells bitcoin-wary US senators to stay out of internal affairs")
Criminals had $11 billion worth illicit cryptocurrencies in 2021
As of the end of 2021, stolen funds account for 93 per cent of all criminal balances, at $9.8 billion.
 "Criminals had $11 billion worth illicit cryptocurrencies in 2021")
Triple digit rewards of staking offer respite to cryptocurrency investors
The recent guidance by the US on transaction reporting by crypto companies is shining some light on staking - one of the least understood but hottest corners of the digital-asset world.
 "Triple digit rewards of staking offer respite to cryptocurrency investors")
US accuses couple of laundering $4.5 bn in bitcoin tied to 2016 hack
The pair is accused of conspiring to launder 119,754 bitcoin stolen after a hacker broke into Bitfinex and initiated more than 2,000 unauthorized transactions
 "US accuses couple of laundering $4.5 bn in bitcoin tied to 2016 hack")
Bitcoin mimics stocks rally, hits two-week high
The world's largest cryptocurrency hit $41,983, taking gains from Thursday's lows to nearly 16%, and marking a 27% rise from the year's low of $32,950.72 on Jan. 24
Bitcoin, Ether advance as Amazon share surge buoys tech stocks
Bitcoin rose as much as 3.4% to $38,221, while Ether rallied as much as 7.1% to $2,850.
 "Bitcoin, Ether advance as Amazon share surge buoys tech stocks")
Pune cop kidnapped crypto trader for $40 million Bitcoin ransom
A police constable accused of kidnapping a local cryptocurrency trader and demanding Bitcoin ransom worth $40 million has been arrested along with seven accomplices
 "Pune cop kidnapped crypto trader for $40 million Bitcoin ransom")
Bitcoin January loss is worst start to year since 2018 'crypto winter'
The largest cryptocurrency by market value has notched only about a dozen up days this month
 "Bitcoin January loss is worst start to year since 2018 'crypto winter'")
US lawmakers begin probe into Bitcoin miners' high energy use
US lawmakers have come forward to push Bitcoin mining companies into revealing how much electricity they use for crypto mining
International Monetary Fund urges El Salvador to scale back Bitcoin push
The International Monetary Fund said El Salvador should dissolve the $150 million trust fund it created when it made the cryptocurrency Bitcoin legal tender
IMF urges El Salvador to ditch Bitcoin as legal tender citing risks
IMF also said the Covid-19 pandemic interrupted ten years of growth, but El Salvador is rebounding quickly
 "IMF urges El Salvador to ditch Bitcoin as legal tender citing risks")
Hedge against inflation? Bitcoin turns 13, throws interest rate tantrums
The cryptocurrency, born in 2009, was still on the fringes of finance during the Fed's previous tightening cycle, from 2016 to 2019, and was barely correlated with the stock market
 "Hedge against inflation? Bitcoin turns 13, throws interest rate tantrums")
Bitcoin bounces off six month lows as buyers step in
The largest cryptocurrency was last up 2.5% at $37,250 after earlier dropping to $32,951, its lowest price since July 23
Bitcoin skids to six-month low as fears of Ukraine conflict shake markets
Wall Street stocks, too, opened down sharply, after last week posting their worst week since 2
Bitcoin tumbles to six-month low as Ukraine conflict fears shake markets
The largest cryptocurrency trading down 7.4% at $33,650, its lowest since July 24, taking losses from its all-time high of $69,000 hit in November past 50%.
Bitcoin, Ether, memecoins steady after tumbling in crypto rout
Bitcoin, the largest cryptocurrency by market value, traded at about $35,350 as of 12:05 p.m. in Singapore.
 "Bitcoin, Ether, memecoins steady after tumbling in crypto rout")
Cryptos pause after weekend battering, other currencies wait for Fed
Attempts to predict when and how quickly central banks will raise interest rates and conclude stimulus programmes launched when COVID-19 hit are a major factor driving currency markets at present.
Crypto carnage: Bitcoin collapse wipes off $1 trn in the blink of an eye
Bitcoin was last hovering around $35K mark, after falling as low as $34,000
Global crypto market suffers $1-trillion loss as Bitcoin crashes
The crypto crash came as the US Federal Reserve raised the possibility of boosting interest rates as soon as March and withdrawing stimulus from the market
Bitcoin falls 9.3% to $36,955, Ether declines by 12.3% to $2,631
Bitcoin is the world's biggest and best-known cryptocurrency
