SEC Rejects Valkyrie, Kryptoin Bitcoin Trusts
The U.S. Securities and Exchange Commission vetoed two proposals to offer bitcoin exchange-traded funds, dealing a blow to market participants who had hoped the agency would green light the effort after approving futures-backed bitcoin funds in Octob.....»»
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.....»»
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.....»»
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.....»»
Why Argentina is embracing cryptocurrency
The nation that has seen economic trauma is open to the possibility of alternative money like Bitcoin......»»
Bitcoin becomes official currency in Central African Republic
The Central Africa Republic is one of the world's poorest countries, and is a close Russian ally......»»
The First US City Government to Mine Bitcoin? Fort Worth, Texas
"Fort Worth, Texas, is now the first city government in the United States to mine bitcoin," reports CNBC. "[A]nd in an almost poetic devotion to the initiative, Mayor Mattie Parker oversaw the construction of a small mining farm in City Hall." Thr.....»»
Why Warren Buffett Still Won"t Invest in Bitcoin
Investor Warren Buffett addressed the annual shareholder meeting today for his multinational holding company Berkshire Hathaway — and said he still wouldn't buy bitcoin. But this time he gave a detailed explanation why. CNBC reports: "Whether.....»»
Judge rejects Musk’s claim that limits on his tweets violate First Amendment
Musk loses bid to terminate SEC settlement over false "funding secured" tweets. Enlarge / Elon Musk talks to members of the media while leaving federal court in New York on Thursday, April 4, 2019. A federal judge has reject.....»»
Bitcoin Becomes Official Currency In Central African Republic
The Central African Republic (CAR) has approved Bitcoin as legal tender -- just the second country to do so. The BBC reports: CAR is one of the world's poorest countries, but is rich in diamonds, gold and uranium. It has been wracked by conflict for.....»»
Fidelity Will Allow Investors Access To Bitcoin In Their 401(k)s
In a first-of-its-kind move -- and the latest sign that crypto-investing has gone mainstream -- Fidelity Investments announced Tuesday that 401(k) plan participants will soon be able to invest in Bitcoin via their retirement plan. Reader BeerFartMoro.....»»
Seized Silk Road Bitcoin To Clear Ross Ulbricht"s $183M Debt
Silk Road creator Ross Ulbricht will see his $183 million debt wiped out following the seizure of $3 billion in bitcoin connected to an unnamed Silk Road hacker, according to a court filing. From a report: In 2015, Ulbricht was sentenced to life in p.....»»
Watch out for this Pixel 6 bug that rejects calls without your knowledge
It seems that another Google Pixel 6 bug has surfaced, and this time this bug seems to be quite inconvenient as apparently it rejects calls without the user’s knowledge. The post Watch out for this Pixel 6 bug that rejects calls without your knowle.....»»
Wikipedia community votes to stop accepting cryptocurrency donations [Updated]
Critics argue the bitcoin and ethereum networks consume too much energy. Enlarge (credit: iStock / Getty Images Plus) More than 200 long-time Wikipedia editors have requested that the Wikimedia Foundation stop accepting crypto.....»»
Wikipedia community votes to stop accepting cryptocurrency donations
Critics argue the bitcoin and ethereum networks consume too much energy. Enlarge (credit: iStock / Getty Images Plus) More than 200 long-time Wikipedia editors have requested that the Wikimedia Foundation stop accepting crypto.....»»