Bitcoin

IMF chief Kristalina Georgieva on Monday said anything not backed by a sovereign guarantee can be an asset class but not a currency, as she asserted that Bitcoin cannot be 'money' just because it has got 'coin' in its name.

A free bitcoin pizza stall and a "Liquidity Lounge" were among the treats on offer for attendees at this year's meeting in Davos

Swiss luxury watchmaker Tag Heuer has decided to sell its high-end watches for payments in cryptocurrencies. Watches costing as high as $10,000 will be eligible for purchase via cryptocurrencies. Earlier this month, luxury fashion house Gucci started accepting crypto payments in the US

Bitcoin moved beyond the $30,000 (roughly Rs. 23.5 lakh) mark on Sunday, but the largest cryptocurrency is still behind by roughly 4 percent in order to put an end to the record-breaking bearish streak on a week-on-week scale.

The crypto price charts are reflecting recoveries for Bitcoin and majority other altcoins. Along with Ether, Binance Coin, and Ripple, even Dogecoin and Shiba Inu saw profits today. A few cryptocurrencies such as USD Coin and Binance USD saw gains, but very minor.

The legalisation of Bitcoin and other cryptocurrencies as a means of payment in Russia is only a matter of time, according to the Russian minister of industry and trade, Denis Manturov.

El Salvador's big bet on Bitcoin, which the Central American nation has been buying since September, has soured in recent weeks as a cryptocurrency rout shaved over a third of the value of the government's holdings.

Jack Dorsey continues to rely on the potential of Bitcoin, despite the ongoing rough days for the crypto asset. He aims to integrate more Bitcoin-focussed services to his fintech platform ‘Block’ as he predicts BTC to become the native currency of the Internet in the coming days.

After crashing severely in early May and throughout April 2022, Bitcoin did show some hope to investors last week by consolidating around $30,000 (roughly Rs. 23.5 lakh) levels. However, on Wednesday, May 18, Bitcoin prices once again slipped under $29,000 (roughly Rs. 22.5 lakh) following a strong correction in the US equity market.

El Salvador's big bet on bitcoin has soured as a crypto rout shaved over a third of the value of the government's holdings, Reuters calculations show.

Bitcoin and other cryptocurrency assets are notoriously volatile, routinely suffering large drops of 50% or more.

President Nayib Bukele wants to lure developing countries into adopting Bitcoin via a three-day conference that will be held in El Salvador this week.

The cryptocurrency sector is showing small, but significant signs of recovery. While major cryptocurrencies like BTC, ETH, Binance Coin, Solana, and Polkadot have seen more losses than gains in recent times, stablecoins such as Tether and USD Coin have shown minor, but significant growths.

China has re-emerged as a major bitcoin mining hub, despite the country’s complete ban on the practice a year ago, according to data from the Cambridge Centre for Alternative Finance (CCAF).

Luna Foundation Guard, a fund set up by Terra creator Do Kwon, has revealed it spent almost all of the Bitcoin in its reserve last week in a futile attempt to save its UST stablecoin.

IMF chief Kristalina Georgieva on Monday said anything not backed by a sovereign guarantee can be an asset class but not a currency, as she asserted that Bitcoin cannot be 'money' just because it has got 'coin' in its name.

A free bitcoin pizza stall and a "Liquidity Lounge" were among the treats on offer for attendees at this year's meeting in Davos

Swiss luxury watchmaker Tag Heuer has decided to sell its high-end watches for payments in cryptocurrencies. Watches costing as high as $10,000 will be eligible for purchase via cryptocurrencies. Earlier this month, luxury fashion house Gucci started accepting crypto payments in the US

Bitcoin moved beyond the $30,000 (roughly Rs. 23.5 lakh) mark on Sunday, but the largest cryptocurrency is still behind by roughly 4 percent in order to put an end to the record-breaking bearish streak on a week-on-week scale.

The crypto price charts are reflecting recoveries for Bitcoin and majority other altcoins. Along with Ether, Binance Coin, and Ripple, even Dogecoin and Shiba Inu saw profits today. A few cryptocurrencies such as USD Coin and Binance USD saw gains, but very minor.

The legalisation of Bitcoin and other cryptocurrencies as a means of payment in Russia is only a matter of time, according to the Russian minister of industry and trade, Denis Manturov.

El Salvador's big bet on Bitcoin, which the Central American nation has been buying since September, has soured in recent weeks as a cryptocurrency rout shaved over a third of the value of the government's holdings.

Jack Dorsey continues to rely on the potential of Bitcoin, despite the ongoing rough days for the crypto asset. He aims to integrate more Bitcoin-focussed services to his fintech platform ‘Block’ as he predicts BTC to become the native currency of the Internet in the coming days.

After crashing severely in early May and throughout April 2022, Bitcoin did show some hope to investors last week by consolidating around $30,000 (roughly Rs. 23.5 lakh) levels. However, on Wednesday, May 18, Bitcoin prices once again slipped under $29,000 (roughly Rs. 22.5 lakh) following a strong correction in the US equity market.

El Salvador's big bet on bitcoin has soured as a crypto rout shaved over a third of the value of the government's holdings, Reuters calculations show.

Bitcoin and other cryptocurrency assets are notoriously volatile, routinely suffering large drops of 50% or more.

President Nayib Bukele wants to lure developing countries into adopting Bitcoin via a three-day conference that will be held in El Salvador this week.

The cryptocurrency sector is showing small, but significant signs of recovery. While major cryptocurrencies like BTC, ETH, Binance Coin, Solana, and Polkadot have seen more losses than gains in recent times, stablecoins such as Tether and USD Coin have shown minor, but significant growths.

China has re-emerged as a major bitcoin mining hub, despite the country’s complete ban on the practice a year ago, according to data from the Cambridge Centre for Alternative Finance (CCAF).

Luna Foundation Guard, a fund set up by Terra creator Do Kwon, has revealed it spent almost all of the Bitcoin in its reserve last week in a futile attempt to save its UST stablecoin.