Bitcoin has continued a trend of surprising price spikes, passing $57,400 for a brief time on Wednesday (Nov. 24), a report from Cointelgraph says. The data from Cointelgraph Markets Pro and TradingView shows BTC/USD moving erratically within familiar price ranges, reaching $57,875 on Bitstamp around...
Even bitcoin gets an upgrade from time to time. And as upgrades go, Taproot is a game-changer, Stephen Pair, CEO of BitPay, told PYMNTS’ Karen Webster. It will spur more people — particularly developers — to utilize features and capabilities that have always been there,...
MercadoPago will soon let Brazilian customers buy, sell and hold bitcoin, Bitcoin Magazine reported. MercadoPago is the digital payments app of MercadoLibre. MercadoPago Vice President and Country Manager Tulio Oliveira said per the report that the company has taken the time to study and learn...
U.S. football player Odell Beckham Jr. plans to accept his salary for the Los Angeles Rams in bitcoin, Bloomberg reported Monday (Nov. 22). In a tweet Monday, Beckham said the arrangement came about because of an agreement with Cash App, the Square-backed mobile payments service,...
Former Democratic presidential candidate Hillary Clinton has a skeptical view of bitcoin, saying there are worries that it could undermine the dollar, Bitcoin Magazine reported. “What looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with...
Speaking at the Bloomberg New Economy Forum on Wednesday (Nov. 17), Axel Weber, chairman of UBS Group AG, shared his skepticism around bitcoin and said the concept of anonymous payments won’t last. Weber’s comments are consistent with his past views on cryptocurrency. “I love the...
Decentralized finance (DeFi) platform ALEX announced on Monday (Nov. 15) new financing in the amount of $5.8 million, which will go toward the company goal of building its trustless, blockchain-based DeFi services. Per the release, ALEX will bring “full DeFi services” to bitcoin through its...
Bitcoin is being used more often for a wider variety of purchases, now including real estate as a commercial New York property is being put up for sale for digital assets, Yahoo reported Monday (Nov. 15). The property is being sold by Magnum Real Estate...
The family of a deceased man, David Kleiman, who claimed to have helped to create bitcoin, is undergoing a trial to try to get the fortune they say they deserve, The Wall Street Journal (WSJ) reported. The Florida trial might have the effect of unmasking...
