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Bitcoin

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Bitcoin has ‘few redeeming features’: Top central bank flames cryptos

Bitcoin has ‘few redeeming features’: Top central bank flames cryptos

The Bank for International Settlements says cryptocurrencies like bitcoin are tools for criminals and a waste of energy.

  • by Shane Wright

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‘Choppy waters’: Bitcoin tumbles below key $US30,000 threshold before rebounding

‘Choppy waters’: Bitcoin tumbles below key $US30,000 threshold before rebounding

The cryptocurrency’s fall wiped out its 2021 gains as it briefly fell below a key psychological number.

  • by Vildana Hajric
Bitcoin forms ‘death cross’ as selloff shows no sign of reprieve

Bitcoin forms ‘death cross’ as selloff shows no sign of reprieve

After a slew of news related to renewed crackdowns from China triggered a bitcoin selloff, chartists and analysts are turning to a sinister-sounding technical signal.

  • by Vildana Hajric
Dirty funds: El Salvador’s bitcoin gamble has cybercrime experts worried

Dirty funds: El Salvador’s bitcoin gamble has cybercrime experts worried

Experts are concerned that criminals will be the big winners from El Salvador’s ground-breaking move.

  • by Io Dodds
Bitcoin put in highest risk category in bank capital plan; JPMorgan warns of bear market

Bitcoin put in highest risk category in bank capital plan; JPMorgan warns of bear market

Powerful group of global regulators propose tough new rules for banks holding bitcoin as it continues further on its road to becoming mainstream.

  • by Silla Brush, Eric Lam and Joanna Ossinger
Crypto cows: Farmers use manure to power cryptocurrency mines

Crypto cows: Farmers use manure to power cryptocurrency mines

Cryptocurrency mines are not normally associated with the British countryside but one farmer is working to change that.

  • by Sam Benstead
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El Salvador becomes first country to make bitcoin legal tender

El Salvador becomes first country to make bitcoin legal tender

President Nayib Bukele said that bitcoin will help counter El Salvador’s low banking penetration rate and cut the cost of transferring money.

  • by Sunil Jagtiani and Michael McDonald
‘Can’t get a break’: ransom recovery sends bitcoin tumbling towards key level

‘Can’t get a break’: ransom recovery sends bitcoin tumbling towards key level

Bitcoin slumped to a two-week low, with analysts pointing to a technical breakdown as well as the recovery of Colonial Pipeline’s ransom as evidence that crypto isn’t beyond government control.

  • by Vildana Hajric
‘A wild ride’: How does Bitcoin work?

‘A wild ride’: How does Bitcoin work?

Once a nerd’s hobby, Bitcoin is huge business. What does a story about pizzas have to do with it, and is it true if you forget your password, you do your dough?

  • by Dominic Powell
El Salvador set to become the first country to use bitcoin as legal tender

El Salvador set to become the first country to use bitcoin as legal tender

President Nayib Bukele will send proposed legislation to the country’s congress that would make the cryptocurrency legal tender in the Central American nation.

Losing its lustre: Bitcoin’s ‘digital gold’ status dealt a blow

Losing its lustre: Bitcoin’s ‘digital gold’ status dealt a blow

A rout for the digital coin has damaged its reputation as a safe haven from rising inflation.

  • by Sam Benstead