Bitcoin


Markets

Bitcoin Jumps Most in 2 Weeks to $36K After El Salvador Passes Currency Law

The cryptocurrency is up from a low price of about $31,000.

Bitcoin chart

Markets

It's Official: El Salvador's Legislature Votes to Adopt Bitcoin as Legal Tender

A supermajority of the El Salvadoran legislature voted to adopt bitcoin as legal tender early Wednesday morning.

El Salvador President Nayib Bukele

Policy

El Salvador Residents Are Split on Bitcoin Adoption Bill

Some Salvadoran residents are excited by the thought of bitcoin being treated as legal tender, while others are concerned it may just be a tool for corrupt officials.

nayib bukele

Markets

Market Wrap: Possible Stimulus Tapering, China Continue Fueling Big Bitcoin, Crypto Dump

Ether is providing some with hope as its momentum, in the form of volume, continues to beat bitcoin for the 10th straight day.

CoinDesk XBX Index

Markets

Bitcoin Futures Market in Capitulation Mode as Traders Turn Bearish

The declining futures premium indicates uncertainty about bitcoin following a 35% correction in May and another 12% drop already this month.

(Shutterstock)

Markets

MicroStrategy Boosts Note Offering to $500M as It Seeks to Buy Yet More Bitcoin: Report

The business intelligence firm originally planned to offer $400 million in senior secured notes.

MicroStrategy CEO Michael Saylor

Markets

Crypto Exchanges See Biggest Bitcoin Outflow in 7 Months. A Reason to Cheer?

"This traditionally bullish signal should be interpreted with caution and in the context of other indicators," one analyst said.

Blockchain data shows a sudden surge in outflows from big cryptocurrency exchanges, possibly a bullish sign.

Markets

Bitcoin Correction Phase Deepens; Support Around $27K-$30K

BTC will need to remain above $30,000 to avoid entering bear market territory.

Bitcoin daily chart

Markets

CEO of Colonial Pipeline to Face Congress Grilling Over Bitcoin Ransom

The CEO will face the Senate Homeland Security Committee to explain the reasoning behind his decision to pay a $4.4M bitcoin ransom.

oil pipeline

Markets

Top White House Adviser Tim Wu Holds Millions in Bitcoin: Report

White House antitrust adviser Tim Wu holds bitcoin and filecoin, according to a recent financial disclosure.

Tim_Wu,_Campaign_Event,_Summer_2014