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.

Smaller Investors Creep Back Toward Crypto
Smaller Investors Creep Back Toward Crypto
February 18, 2024  |  Cryptocurrency

Everyday investors are returning to cryptocurrency, though with less enthusiasm than before. That’s according to a Sunday (Feb. 18) report by Bloomberg News, which notes...

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Velmie Launches Customizable Business Banking Platform
Velmie Launches Customizable Business Banking Platform
February 16, 2024  |  Banking

Velmie launched its Business Banking Platform designed to help financial services providers and FinTechs broaden their product offerings. The platform enables these companies to cater...

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Stablecoins, Unstable Crypto Market Propel Coinbase Profits
Stablecoins, Unstable Crypto Market Propel Coinbase Profits
February 16, 2024  |  Earnings

Renewed investor enthusiasm for crypto has been good news for U.S. cryptocurrency exchange Coinbase. And while 2023 wasn’t the greatest year for crypto, it was no...

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Bitcoin Reaches $50,000 for First Time in 26 Months
Bitcoin Reaches $50,000 for First Time in 26 Months
February 12, 2024  |  Cryptocurrency

Bitcoin’s comeback continues, as the most popular cryptocurrency’s price reached $50,000 Monday (Feb. 12). It was the first time that bitcoin hit that price since...

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Metaco CEO and Product Head Leave Ripple-Owned Crypto Firm
Metaco CEO and Product Head Leave Ripple-Owned Crypto Firm
February 12, 2024  |  Personnel

Metaco CEO Adrien Treccani and Chief Product Officer Peter DeMeo reportedly resigned from the Ripple-owned cryptocurrency custody firm. “We appreciate the strong and industry-leading custody...

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AI Took Over This Year’s Super Bowl Ads; It’s Coming for Daily Life Next
AI Took Over This Year’s Super Bowl Ads; It’s Coming for Daily Life Next
February 12, 2024  |  Artificial Intelligence

The Super Bowl, which was broadcast in 190 countries around the world Sunday (Feb. 11), was more than just an overtime battle between the Kansas...

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‘Cryptofinance’ Might Be Replacing ‘Cryptocurrency,’ but Bitcoin Is Still Unreliable
‘Cryptofinance’ Might Be Replacing ‘Cryptocurrency,’ but Bitcoin Is Still Unreliable
February 07, 2024  |  Cryptocurrency

Compared to the events of 2023, the cryptocurrency sector in 2024 could be considered relatively boring. U.S. regulators at the start of the year approved...

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Large-Scale Crypto Mining Consumes 2% of US Electricity
Large-Scale Crypto Mining Consumes 2% of US Electricity
February 04, 2024  |  Cryptocurrency

How much energy does cryptocurrency mining consume in the U.S.? A recent analysis by the Energy Information Agency (EIA) estimates that large-scale cryptocurrency operations consume more...

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Bitpay Climbs Two Spots in PYMNTS Provider Ranking of Crypto Wallet Apps
Bitpay Climbs Two Spots in PYMNTS Provider Ranking of Crypto Wallet Apps
February 01, 2024  |  Crypto Wallet

If you’re looking for a place to store your crypto, PYMNTS’ Provider Ranking of Cryptocurrency Wallets can help. Each month, PYMNTS uses metrics such as...

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