Bitcoin

Bitcoin dip brings key $70,000 level into view

Bitcoin was on the cusp of breaking below the key $70,000 level on Thursday as a slide in the world's largest cryptocurrency showed no signs of stopping. Bitcoin fell 2%…

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Bitcoin drops below $90,000 in sign of souring mood

Bitcoin slipped below $90,000 for the first time in seven months on Tuesday in the latest sign that investor appetite for risk-taking is drying up across financial markets. The risk-sensitive…

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Bitcoin hits fresh record

Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the Federal Reserve added to tailwinds from recently announced financial reforms. The world's largest crypto-asset…

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Bitcoin tops $120,000 for the first time

Bitcoin crossed the $120,000 level for the first time on Monday, marking a major milestone for the world's largest cryptocurrency as investors bet on long-sought policy wins for the industry…

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Bitcoin jumps to record on institutional investor demand

Bitcoin rallied to an all-time high on Friday, powered by demand from institutional investors and friendly policies of U.S. President Donald Trump's administration. The world's largest cryptocurrency rose to a…

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Bitcoin surges over 20% after Trump announces cryptocurrency reserve

Bitcoin was trading up more than 20% from last week's lows on Monday and several other cryptocurrencies that U.S. President Donald Trump said would be included in a new U.S.…

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Bitcoin slides more than 5% to lowest level since November 11

Bitcoin fell to a 3-1/2-month low on Friday, dragged by uncertainty about U.S. President Donald Trump's tariff plans and crypto policy and flagging investor confidence after a $1.5 billion hack…

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Cryptocurrency prices dropped due to trade war fears and investor anxiety

Cryptocurrency prices slid on Feb 3 as the spectre of a global trade war put investors on edge and pushed them out of risky assets. Bitcoin, the world’s biggest and…

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Bitcoin hits new record high of more than $106,000

Bitcoin surged to a record high above $106,000 on Monday after President-elect Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve,…

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Bitcoin breaks $96,000 for first time on optimism over Trump crypto plans

Bitcoin's march toward $100,000 made further ground on Thursday as investors bet a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the…

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Bitcoin breaches $94,000 for the first time

Bitcoin rose to a record high above $94,000 as a report that Donald Trump's social media company was in talks to buy crypto trading firm Bakkt added to hopes of…

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Record-breaking bitcoin rally nears $90,000 on Trump boost

Bitcoin stood on the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto…

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Bitcoin breaks $81,000 as Trump’s election turbocharges cryptocurrencies

Bitcoin soared to a record high above $81,000 on Monday on expectations that cryptocurrencies will boom in a favourable regulatory environment following the election of Donald Trump as U.S. president…

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Dollar surges, bitcoin hits record high as ‘Trump trades’ soar

The dollar was set for its biggest one-day rise since March 2020 against major peers on Wednesday and bitcoin jumped to an all-time high as so-called "Trump trades" took off,…

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Bitcoin, ether sink to multi-month lows as recession worries take hold

Bitcoin and ether tumbled on Monday to multi-month lows as worries over a possible U.S. recession in the wake of soft data gripped financial markets and triggered a rush to…

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Bitcoin slides to four-month lows, ether sinks 8%

Bitcoin sank to a four-month low on Friday and was on course for its worst weekly performance in a year, hurt by uncertainty over whether Joe Biden will remain the…

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Bitcoin hits 2-month low on election uncertainty, Mt Gox flows

Bitcoin slid to a two-month low on Thursday, extending a month-long fall, as uncertainty over U.S. presidential elections and reports of bitcoin supply from a defunct Tokyo-based crypto exchange weighed.…

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Self-proclaimed bitcoin inventor is not ‘Satoshi Nakamoto’, UK judge rules

By Sam Tobin LONDON, (Reuters) - An Australian computer scientist who claims he invented bitcoin is not "Satoshi Nakamoto", the pseudonymous inventor of the cryptocurrency, a judge at London's High…

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Volatile bitcoin falls from record high as crypto frenzy hits pause

SINGAPORE, March 15 (Reuters) - Bitcoin eased to a one-week low in volatile trade on Friday, as investors took profit from its run to a record high and as another…

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Bitcoin hits record above $71,000 as demand frenzy intensifies

By Amanda Cooper and Harry Robertson LONDON, March 11 (Reuters) - Bitcoin hit a record high on Monday above $71,000, as the surge in the biggest cryptocurrency showed no signs…

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Bitcoin back on the rise after vaulting to new record

SINGAPORE, March 6 (Reuters) - Bitcoin rallied again on Wednesday after retreating briefly from an all-time high it set less than 24 hours earlier, as bulls showed few signs of…

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Soaring bitcoin set for biggest monthly jump since 2020

SINGAPORE, Feb 29 (Reuters) - Frenetic activity in bitcoin put it on course for its biggest monthly gain in more than three years on Thursday and it is within range…

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Bitcoin eyes $60,000 in biggest monthly rally since late 2020

LONDON, Feb 28 (Reuters) - Bitcoin surged for a fifth day on Wednesday to near $60,000, buoyed by flows into new U.S. spot bitcoin exchange traded products that have driven…

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Breezy bitcoin reclaims $1 trillion crown

Bitcoin is riding high. The world's largest cryptocurrency has leapt 22% this year to $52,005, pushing it past a market value of $1 trillion mark for the first time since…

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Short on cash, El Salvador doubles down on Bitcoin dream

By Sarah Kinosian and Nelson Renteria BERLIN, El Salvador (Reuters) - James and Nicki Malcolm moved to El Salvador from New Zealand to be part of a bitcoin dream sold…

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German police seizes $2.17 billion in bitcoin in ‘most extensive’ action ever

German police have confiscated 50,000 bitcoin worth $2.17 billion in the country's 'most extensive' cryptocurrency seizure ever, it said in a statement. "This is the most extensive seizure of bitcoins…

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BlackRock’s spot bitcoin ETF first to hit $1 bln in assets

Jan 19 (Reuters) - BlackRock's spot bitcoin exchange-traded fund (ETF) hit $1 billion in assets in the first four days of trading, the first to clinch the milestone among a…

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Bitcoin near 21-month high after US regulators approve ETFs

SINGAPORE/LONDON, Jan 11 (Reuters) - Bitcoin held steady on Thursday around its highest level since March 2022 after U.S. regulators approved the first U.S.-listed exchange traded funds (ETFs) to track…

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Bitcoin holds firm after regulators approve ETFs

SINGAPORE, Jan 11 (Reuters) - Bitcoin held steady on Thursday after regulators approved the first U.S.-listed exchange traded funds (ETFs) to track the world's largest cryptocurrency, seen as a landmark…

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Bitcoin climbs above $45,000 for first time since April 2022

Bitcoin rose above $45,000 on Tuesday for the first time since April 2022 as the world's biggest and best-known cryptocurrency started 2024 with a bang buoyed by optimism around possible…

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El Salvador offers citizenship to foreign bitcoin investors

By Gerardo Arbaiza SAN SALVADOR, (Reuters) - El Salvador's Congress has approved a migration law granting expedited citizenship to foreigners who make bitcoin "donations" to government social and economic development…

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UPDATED: Bitcoin breaks $40,000 as momentum builds

SINGAPORE, Dec 4 (Reuters) - Bitcoin has broken above $40,000 for the first time this year as it rides a wave of momentum on broad enthusiasm about U.S. interest rate…

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Bitcoin hits two-month high above $30,000 in volatile week

LONDON, Oct 20 (Reuters) - Bitcoin jumped on Friday above $30,000 for first time since July , taking gains for the week past 10%, against a backdrop of volatile trading…

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Bitcoin eyes third straight day of gains after touching two-month high

(Reuters) - Bitcoin rallied for a third straight day after hitting its highest level since mid-April, boosted by BlackRock's plan to create a bitcoin exchange-traded fund (ETF) even as the…

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Liechtenstein to allow payment for certain state services in Bitcoin

May 8 (Reuters) - Liechtenstein plans to allow Bitcoin payments for certain state services, Prime Minister Daniel Risch told the German business daily Handelsblatt in an interview. "A payment option…

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UPDATED: Binance resumes bitcoin withdrawals after second pause

Four hour block on bitcoin withdrawals across Sunday and Monday Pending transactions cleared with higher fees - Binance SINGAPORE, May 8 (Reuters) - Cryptocurrency exchange Binance halted bitcoin withdrawals for…

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Bitcoin could hit $100,000 by end-2024, Standard Chartered says

Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered STAN.L said on Monday, saying that the so-called "crypto winter" is over. Bitcoin could gain from factors…

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Despite industry headwinds, Bitcoin mining booms in Texas

By Evan Garcia and Dan Fastenberg MCCAMEY, Texas (Reuters) - Cryptocurrency bankruptcies and worries over electric power consumption have failed to dent the industry's growth in Texas, according to a…

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UPDATED: Bitcoin climbs to 9-month high as bank turmoil sparks rally

By Tom Wilson and Georgina Lee LONDON/HONG KONG, March 20 (Reuters) - Bitcoin climbed to a nine-month high on Monday as turmoil in the banking sector drives some investors to…

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Bitcoin, USDC stablecoin rally after US intervenes on SVB

SINGAPORE, March 13 (Reuters) - Bitcoin and other cryptocurrencies rallied on Monday after U.S. authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB) and…

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UPDATED: Crypto stocks slide after Silvergate decides to shut down

March 9 (Reuters) - Shares of crypto-focused companies fell on Thursday in premarket trading after Silvergate Capital Corp disclosed plans to wind down operations and voluntarily liquidate, as the aftermath…

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Cryptoverse: Hooked on growth, bitcoin investors turn to smart tokens

For investors living on the digital edge, bitcoin is starting to look a little old-fashioned. Hooked on high growth, some are turning away from the original cryptocurrency - designed as…

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Cryptoverse: Big investors edge back to bitcoin

Big investors are dipping their toes into crypto waters again after a bumper month for bitcoin. Digital asset investment products, often favored by institutional investors, saw inflows of over $117…

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Bitcoin climbs above $20,000 first time in over two months

Jan 13 (Reuters) - Bitcoin rose on Saturday above $20,000 for first time in over two months. Bitcoin, the world's biggest and best-known cryptocurrency, rose 4.6% to $20,853 at 01:01…

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Crypto contagion deepens: Coinbase to slash nearly 1,000 jobs

Coinbase Global Inc said on Tuesday it will reduce its workforce by about 950 employees as part of a restructuring plan, in a third round of layoffs for the cryptocurrency…

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Regulators propose first global rules before ‘crypto winter’ thaw

Cryptoasset companies should set aside capital like banks when undertaking similar activities, regulators proposed on Tuesday in their first global rules as a "crypto winter" wiped $2 trillion off the…

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Bitcoin-sterling volumes spike to record high as British currency flounders

LONDON, Sept 29 (Reuters) - Trading volumes between the British pound and the cryptocurrency bitcoin spiked to a record high after sterling dropped on Monday, according to market data firm…

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Cost of crypto: report says U.S. bitcoin as dirty as 6 million cars

LOS ANGELES, Sept 23 (Thomson Reuters Foundation) - The carbon footprint of the U.S. bitcoin industry is rising at breakneck speed, a report from environmental groups found on Friday, now…

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Bitcoin falls below $19,000 as cryptos creak under rate hike risk

SINGAPORE, Sept 19 (Reuters) - Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy on risky assets with interest rate rises looming around…

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Bitcoin once again slips below $20,000

Sept 18 (Reuters) - Bitcoin on Sunday dropped 1.54% to $19,804, slipping from the 20,000 mark after losing $310 from its previous close. The world's biggest and best-known cryptocurrency is…

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A year on, El Salvador’s bitcoin experiment is stumbling

CONCHAGUA, El Salvador, (Reuters) - A year after El Salvador adopted bitcoin as legal tender, the area where the world's first cryptocurrency city was meant to be built - a…

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Bitcoin claws back ground after falling to 2-1/2 month low

LONDON, Sept 7 (Reuters) - Bitcoin clawed back ground on Wednesday after falling to its lowest level since mid-June as risk appetite across major asset classes sagged. The world's biggest…

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Bitcoin recovers after falling on news Tesla sold 75% of its holdings

NEW YORK, (Reuters) - Bitcoin rebounded after a brief sell-off late on Wednesday sparked by news that electric carmaker Tesla Inc O had sold about 75% of its holdings of the virtual token. Tesla Chief Executive Elon Musk…

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Texas bitcoin miners back online after power surge caused curtailments

NEW YORK, (Reuters) - Large-scale bitcoin mining operations in Texas are back online after sweltering temperatures that caused electricity use to spike led to power curtailments earlier in the month, an industry…

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Bitcoin falls below $19,000, further shaking crypto markets

(Reuters) - Bitcoin dropped 6.1% to $18,866.77 at 2004 GMT on Thursday, putting the biggest and best-known cryptocurrency down $1,226.41 from its previous close and down 60.9% from the year's high of $48,234 on March 28.…

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UPDATED: Crypto industry fears contagion as bitcoin slips under $20,000

LONDON/HONG KONG, June 20 (Reuters) - The cryptocurrency industry was on edge on Monday as bitcoin struggled to stay above a key level, with investors fearing that problems at major crypto players could unleash a wider market shakeout.…

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UPDATED: Bitcoin drops below $20,000 to lowest since December 2020

June 18 (Reuters) - Bitcoin dropped below $20,000 on Saturday to its lowest level in 18 months, extending its slide as investors pull back from riskier assets amid rising interest rates. The…

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