How to buy Bitcoin with PayPal
You can buy Bitcoin with almost everything right now, but if you want to use Paypal, it's not so straightforward. Here's how to do it......»»
Bitcoin Miners Will See 29% Rate Hike On Hydroelectric Power In Washington
A 29% rate hike for hydroelectric power in Chelan County, created specifically for cryptocurrency miners, went into effect on June 1. Decrypt reports: The miners used to pay a lower, high-density load rate for their electricity. Now they'll pay a new.....»»
How One Paper Just Blew Up Bitcoin"s Claim To Anonymity
An anonymous reader quotes a report from ZDNet: Lead researcher Alyssa Blackburn of Baylor and Rice, along with team-mates Christoph Huber, Yossi Eliaz, Muhammad S. Shamim, David Weisz, Goutham Seshadri, Kevin Kim, Shengqi Hang, and Erez Lieberman Ai.....»»
PayPal Lets Users Transfer Bitcoin and Ethereum To External Wallets
PayPal announced on Tuesday that the service now "supports the native transfer of cryptocurrencies between PayPal and other wallets and exchanges." Decrypt reports: The ability to conduct external transfers on PayPal's crypto platform, an image of wh.....»»
Crypto 101: The difference between hot and cold wallets
There are different kinds of cryptocurrency wallets, and the four terms to keep in mind when purchasing one are hot, cold, custodial, and non-custodial. Here's what they all mean.Bitcoin transfer on iPhoneA cryptocurrency wallet is an app or device u.....»»
New York Passes a Bill To Limit Bitcoin Mining
New York lawmakers have passed a bill that would temporarily ban new bitcoin mining operations. Early on Friday, state senators voted 36-27 to pass the legislation. It's now bound for the desk of Governor Kathy Hochul, who will sign it into law or ve.....»»
China Makes a Comeback in Bitcoin Mining Despite Government Ban
While the US extended its leading position as the dominant location for Bitcoin mining, China has reemerged as the second-largest locale despite a government ban on the activity last year. From a report: The US accounted for 37.84% of global hashrate.....»»
Bitcoin a safe haven during national economic crises, but not during COVID-19 pandemic, research finds
Research by a Kingston University economist provides fresh evidence for Bitcoin being a safe haven for finance during a nation's economic crisis. The cryptocurrency proves volatile during a global crisis, however, as seen during the COVID-19 pandemic.....»»
Bitcoin Has No Future as a Payments Network, Says FTX Chief
Bitcoin has no future as a payments network because of its inefficiency and high environmental costs, according to one of crypto's most influential chief executives. From a report: Sam Bankman-Fried, founder of the digital asset exchange FTX, said th.....»»
Germany Affirms Crypto Sold After One Year Is Tax-free
Crypto investors in Germany won't pay tax on sales of digital assets such as bitcoin and ether -- as long as they're held for more than one year. From a report: Germany's Federal Ministry of Finance shared the ruling in a 24-page document, which form.....»»
Bitcoin plunges to lowest price since 2020 amid broader sell-off
The "stablecoin" Tether briefly lost its peg to the dollar on Thursday morning. Enlarge (credit: R.Tsubin / Getty) The price of one Bitcoin briefly fell below $27,000 on Thursday morning, the lowest price for the cryptocurrenc.....»»
El Salvador"s Bitcoin Losses Swell To 28% As Bukele Buys More
An anonymous reader quotes a report from Bloomberg: President Nayib Bukele's Bitcoin gambit is becoming onerous for cash-strapped El Salvador but that isn't stopping him from adding to his stockpile. Bukele's bought 2,301 Bitcoins for the government.....»»
El Salvador buys more bitcoin after ratings agency downgrades its debt
Meanwhile, the leading algorithmic "stablecoin" has broken its peg to the dollar. Enlarge / Nayib Bukele, president of El Salvador. (credit: Kellys Portillo/APHOTOGRAFIA/Getty Images) Bitcoin's price has plunged in recent days.....»»
Layoffs and a Silicon Valley Sell-Off Create Shaky Low-Valued "Unicorn Zombies"
"After years of sky-high valuations, Silicon Valley is engulfed in its worst sell-off since the 2008 stock market crash," reports NBC News. On Twitter, VC David Sacks (a former PayPal executive) even says investor sentiment in Silicon Valley is the w.....»»
Bitcoin value drops by 50% since November peak
The slide in the value of cryptocurrencies comes as stock markets around the world have also fallen......»»
Cryptocurrency Markets Drop $200B, Bitcoin Down 50% Since November
40 days ago Bitcoin sold for $47,454. It's price now is $34,007 — a drop of 28%. About a third of that drop happened this week, as "Bitcoin, ethereum and other major cryptocurrencies have fallen sharply," Forbes reports, "wiping around $200 bi.....»»
Bitcoin Is Coming to Your 401(k). But Your Employer Probably Won’t Let You Invest in It
Fidelity opened the door for a future of crypto retirement savings. But the decision has been met with pushback, including from the U.S. Department of Labor A version of this article was published in TIME’s newsletter Into the Metav.....»»
New York Closes In On Bitcoin Mining Crackdown
A New York bill that would ban new bitcoin mining operations is "swiftly making its way through the state capitol in Albany," reports CNBC. Some industry insiders fear that the bill, which calls for a two-year moratorium on certain cryptocurrency min.....»»
PayPal Helped Spur EU Antitrust Complaint Against Apple Payments
PayPal helped spur a formal antitrust complaint against Apple and its iPhone payments system by raising concerns with the European Commission, Bloomberg reported, citing people with knowledge of the matter. From the report: European regulators hit Ap.....»»
Warren Buffett wouldn"t pay $25 for all the Bitcoin in the world, but he does like Activision Blizzard
Berkshire Hathaway CEO/Chairman Buffett has made his feelings toward crypto clear in the past; he once called Bitcoin "rat poison squared." At his company's annual shareholder meeting on Saturday, Buffett once again rallied against digital currencies.....»»
EU antitrust complaint against Apple Pay was supported by PayPal
The European Union shared a Statement of Objections earlier today in which it criticizes how Apple restricts the NFC technology on the iPhone to its own payments platform. Now a report from Bloomberg reveals that PayPal was one of the companies that.....»»