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…
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…
(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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
(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.…
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.…
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…
LONDON, June 15 (Reuters) - Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week…
June 1 (Reuters) - Bitcoin, the world's biggest and best-known cryptocurrency, dropped 6.9% to $29,555.35 at 22:03 GMT on Wednesday, losing $2,262.81 from its previous closing price. It was down 38.9% from…
Nofe Isah, a 25-year old based in Nigeria, has been investing in crypto since January. Last week, she lost all of her $5,000 in savings as cryptocurrency luna went into…
HONG KONG, May 16 (Reuters) - Cryptocurrencies resumed their slide on Monday, giving up the gains they had eked out over the weekend, as regulators continued to circle. European officials reiterated warnings…
May 16 (Reuters) - Cryptocurrency exchange FTX's founder has said that bitcoin has no future as a payments network and criticized the digital currency for its inefficiency and high environmental costs, the…
HONG KONG / LONDON, May 12 (Reuters) - The meltdown in TerraUSD, one of the world's largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its dollar…
HONG KONG, May 12 (Reuters) - Bitcoin  fell to its lowest in 16 months on Thursday, leading a rush out of risk assets such as tech stocks, while the collapse of TerraUSD, a…
ZURICH, (Reuters) - The Swiss National Bank is against buying and holding bitcoin as a reserve currency, Chairman Thomas Jordan said at the central bank's annual general meeting this week. "Buying bitcoin…
More than 40 crypto business leaders have asked the European Union not to require crypto firms to disclose transaction details and dial down attempts to bring to heel rapidly growing decentralised finance…
The U.S. Treasury Department imposed sanctions on a prominent Russia-based darknet market site and a cryptocurrency exchange that it said operates primarily out of Moscow and St. Petersburg. The sanctions…
Bristling tensions and looming laws in Europe could offer clues to two questions: Can bitcoin be a safe-haven asset? And can Russia emerge as a crypto superpower? The answer to…
WASHINGTON/NEW YORK (Reuters) - The U.S. Justice Department said it has unraveled its biggest-ever cryptocurrency theft, seizing a record-shattering $3.6 billion in bitcoin tied to the 2016 hack of digital…
Feb 7 (Reuters) - Tesla Inc said on Monday the fair market value of the electric-vehicle maker's bitcoin holdings as of Dec. 31 was $1.99 billion. In its annual filing…
LONDON, Jan 24 (Reuters) - Bitcoin tumbled almost 9% on Monday to its lowest in six months as fears of a Russian attack on Ukraine saw riskier assets worldwide extend…
Bitcoin dropped again on Saturday and was last down around 4% for the day, hovering around the $35,000 level. Bitcoin, the world's biggest and best-known cryptocurrency, is now about half…
The global computing power of the bitcoin network has dropped sharply as the shutdown this week of Kazakhstan's internet during a deadly uprising hit the country's fast-growing cryptocurrency mining industry.…
LONDON, Jan 7 (Reuters) - Bitcoin on Friday slumped as much as 5% to its lowest since late September, tumbling under $41,000 amid a broader sell-off for cryptocurrencies. Bitcoin was…
LONDON, Jan 5 (Reuters) - Bitcoin will take market share away from gold in 2022 as digital assets become more widely adopted, Goldman Sachs analyst Zach Pandl said in a…
Dec 13 (Reuters) - As bitcoin, the world's largest cryptocurrency, struggles to recover after a massive crash, regulatory and private sector focus has turned to another part of the digital…
HONG KONG, Dec 6 - Bitcoin tumbled almost 5% on Monday as the start of the week offered little respite to the world's largest cryptocurrency after a bruising weekend where…
HONG KONG, Dec 6 - Bitcoin hovered around $49,000 on Monday, down 1.5% on the day, as traders nursed losses after a brutal weekend in which the price of the…
Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies. Bitcoin was 12%…
Bitcoin dived 12.14% to $47,176.09 on Saturday, losing $6,567.6 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is down 31.6% from the year's high of $69,000 reached…
LONDON, Nov 26 (Reuters) - Bitcoin tumbled almost 8% on Friday after the discovery of a new, potentially vaccine-resistant coronavirus variant saw investors dump riskier assets for the perceived safety…
El Salvador plans to build the world's first "Bitcoin City", funded initially by bitcoin-backed bonds, President Nayib Bukele said in the weekend, doubling down on his bet to harness the…
SYDNEY, Nov 19 (Reuters) - Bitcoin fell to a one-month low on Friday and was headed for its worst week in six months as traders have booked profits from a…
HONG KONG/SINGAPORE, Nov 17 (Reuters) - Bitcoin and ether, the world's two largest cryptocurrencies, stayed weak on Wednesday and near critical levels that analysts believe could spell further weakness if…
Bank of England Governor Andrew Bailey said that the rise of crypto assets was helping illegal activity. "I'm afraid that the advent of digital means of payment, and in particular…
New York Mayor-elect Eric Adams said he would take his first three paychecks in bitcoin and signaled his intention to make his city the "center of the cryptocurrency industry" after…
HONG KONG, Oct 21 (Reuters) - Bitcoin fell slightly in Asian hours on Thursday, a day after marking an all-time high on optimism around the launch of the first U.S.…
Bitcoin hovered below record levels on Wednesday, the day after the first U.S. bitcoin futures-based exchange-traded fund (ETF) began trading, a development that market participants say is likely to drive…
The United States has overtaken China to account for the largest share of the world's bitcoin mining, data published by the UK's Cambridge Centre for Alternative Finance showed. Chinese authorities…