Bitcoin (BTC) Crashes After Stocks Fall, Focus on Fed CryptoBlog

Bitcoin, Ethereum and other major coins crashed Wednesday night, as the global cryptocurrency market capitalization shed more than 6.4% to $1.2 trillion as of press time. Price performance of major coins Piece of money 24 hours 7 days Price Bitcoin BTC/USD -5.5% -0.1% $28,747.98 Ethereum ETH/USD -8.2% -7.6% $1,919.34 Dogecoin DOGE/USD -7.2% -1% $0.08 Top … Read more

Jack Dorsey’s block wants to create economic empowerment with Bitcoin

Block’s overarching goal is to drive economic empowerment around the world and Bitcoin plays a central role in that mission, its chief executives said Wednesday at the company’s first Investor Day since 2017. “We believe Bitcoin is going to have a profound impact on financial services, particularly as a tool for economic empowerment and as … Read more

7 Big Moments From Bitcoin and Crypto’s Craziest Week – Decipher

Where to start? In a decade of crypto coverage, I’ve seen a lot of crazy things, but never a week like this. In the past, there have certainly been one-off incidents that shook up the industry – like the Mt. Gox hack in 2014, or Tesla buying $1.5 billion worth of Bitcoin, or Elon Musk … Read more

Bitcoin Tumbles, Stablecoin Plunges in Crazy Crypto Week

NEW YORK (AP) — It’s been a crazy week in crypto, even by crypto standards. Bitcoin plummeted, stablecoins were anything but stable, and one of the most prominent companies in the crypto industry lost a third of its market value. Here is a look at some major developments in cryptocurrencies this week: Bitcoin The price … Read more

$3.5 billion bet on bitcoin becoming a “reserve currency” for crypto is put to the test

Pedestrians walk past a Bitcoin cryptocurrency exhibit on February 15, 2022 in Hong Kong, China. Anthony Kuan | Getty Images A multi-billion dollar bet that bitcoin can act as a “reserve currency” for the crypto-economy is already being tested as controversial stablecoin UST struggles to maintain its peg at $1. UST fell nearly 99 cents … Read more

What to expect after President Biden’s executive order on Bitcoin

Joseph Stafford is a partner at the law firm Wilson Elser and provides advice to clients in the practice areas of Intellectual Property, Regulatory Compliance, and Enterprise/D&O Risk Management. By signing an Executive Order (EO) on cryptocurrencies, President Biden signaled an openness to the potentially positive impacts of technology. This is an important and encouraging … Read more

What to expect after President Biden’s executive order on Bitcoin

Joseph Stafford is a partner at the law firm Wilson Elser and provides advice to clients in the practice areas of Intellectual Property, Regulatory Compliance, and Enterprise/D&O Risk Management. By signing an Executive Order (EO) on cryptocurrencies, President Biden signaled an openness to the potentially positive impacts of technology. This is an important and encouraging … Read more

What Bitcoin could be worth to Fidelity. You will be surprised.

Text size Fidelity’s push to Bitcoin is controversial but could be lucrative for the company. Dreamstime.com Fidelity Investments shocked the retirement industry last month by deciding to make Bitcoin available in 401(k) plans. Add up the earnings that could pay off, and it starts to be less of a surprise. Fidelity is the nation’s largest … Read more

This Week in Pieces: Markets Slip for Fifth Straight Week, Argentina’s Largest Private Bank Offers Bitcoin Cryptocurrency

This week in parts. Illustration by Mitchell Preffer for Decrypt. For the fifth consecutive weekmajor cryptocurrencies such as Bitcoin and Ethereum have fallen, even as signs of wide-scale adoption continue to emerge: US customers of Gucci will be able to pay with bitcoin in select stores later this summer. Still, prices are a good indicator … Read more