Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

Today in Crypto: TerraUSD Investors Sue Binance.US Over Losses; BlockFi to Lay Off 20% of Staff

Today in Crypto: TerraUSD Investors Sue Binance.US Over Losses; BlockFi to Lay Off 20% of Staff
Today in Crypto: TerraUSD Investors Sue Binance.US Over Losses; BlockFi to Lay Off 20% of...
June 13, 2022  |  Cryptocurrency

An investor in the doomed Terra blockchain ecosystem filed a federal lawsuit seeking class action status and naming, among defendants, Binance.US, Bloomberg reports. Get the...

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Software Company MicroStrategy’s Bitcoin Losses Almost $1B
Software Company MicroStrategy’s Bitcoin Losses Almost $1B
June 13, 2022  |  Cryptocurrency

MicroStrategy Inc.’s purchase of nearly 130,000 bitcoins at a cost of about $3.97 billion over the past two years is taking a toll on the...

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Latest Crypto Turmoil Could Signal the End of Sky-High DeFi Returns
Latest Crypto Turmoil Could Signal the End of Sky-High DeFi Returns
June 13, 2022  |  Cryptocurrency

With most major cryptocurrencies down 15% to 20% over the past 24 hours and the idea that bitcoin is a hedge against inflation on par...

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Bitcoin’s Potential as ‘Digital Gold’ Loses Luster as Price Plummets
Bitcoin’s Potential as ‘Digital Gold’ Loses Luster as Price Plummets
June 13, 2022  |  Cryptocurrency

As bitcoin collapsed over the weekend, dropping nearly 14% in just 24 hours to below $24,000 in the morning Monday (June 13), it’s impossible to...

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PYMNTS AM Radar: Walmart SuperCenters Get More Super; Credit Suisse on Unenviable Watch List in UK; Crypto’s $150M Plunge; Restaurants Add More Marketing and Ordering Tech to Their Menus; ICYMI
PYMNTS AM Radar: Walmart SuperCenters Get More Super; Credit Suisse on Unenviable Watch List in...
June 13, 2022  |  Retail

Today is Monday (June 13), and bitcoin and other cryptocurrencies are feeling the heat from the ongoing inflation and expected interest rate hike. Plus, Walmart...

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Crypto Nosedives Following Celsius Collapse
Crypto Nosedives Following Celsius Collapse
June 13, 2022  |  Cryptocurrency

Bitcoin has lost more than 10% of its value in the past 24 hours, dropping to its lowest level since December 2020 at less than...

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Crypto Cuts Losses Sparked by Inflation Data
Crypto Cuts Losses Sparked by Inflation Data
June 12, 2022  |  Cryptocurrency

Bitcoin and ether have pared losses after they fell on Sunday (June 12), as a bigger retreat was happening in reaction to the 40-year-record inflation,...

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El Salvador Weekly: Bitcoin Experiment Is Failing Badly One Year In
El Salvador Weekly: Bitcoin Experiment Is Failing Badly One Year In
June 10, 2022  |  Bitcoin

Almost year ago Sunday (June 5), President Nayib Bukele announced El Salvador would make bitcoin a legal tender, on par with the U.S. dollar. Get...

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PayPal Opens Door to Outside Crypto Wallets
PayPal Opens Door to Outside Crypto Wallets
June 07, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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