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.

Super Bowl Curse Comes for Crypto as Layoffs Mount
Super Bowl Curse Comes for Crypto as Layoffs Mount
June 14, 2022  |  Cryptocurrency

The NFL’s 2000 championship game was named the “Dot-Com Super Bowl” when some 20 of its hugely expensive ads were bought up by tech companies...

READ MORE >
PYMNTS AM Radar: Pay Up; Moving On; No Surprises; Forecasting Innovation; ICYMI
PYMNTS AM Radar: Pay Up; Moving On; No Surprises; Forecasting Innovation; ICYMI
June 14, 2022  |  Economy

Today is Tuesday, June 14 and margin calls are adding up amid the crypto market’s freefall, while bitcoin’s price is about two-thirds what it was...

READ MORE >
Bitcoin Plummet Triggers $1B in Margin Calls 
Bitcoin Plummet Triggers $1B in Margin Calls 
June 14, 2022  |  Cryptocurrency

About $1 billion guaranteed by some 260,000 market investors was liquidated due to margin calls in the past 24 hours, according to data from CoinGlass,...

READ MORE >
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. The plaintiff...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >