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.

SEC’s Request Suggests that Opposition to Bitcoin ETF May Be Fading
SEC’s Request Suggests that Opposition to Bitcoin ETF May Be Fading
February 07, 2022  |  Cryptocurrency

In what might be a sign that is loosening its opposition, the Securities and Exchange Commission (SEC) has requested public comments on a spot Bitcoin...

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US House Resubmits Legislation to Simplify Tax Burdens on Crypto Users
US House Resubmits Legislation to Simplify Tax Burdens on Crypto Users
February 07, 2022  |  Cryptocurrency

The two largest cryptocurrencies, bitcoin and ethereum, surged last week as prices increased following a stronger-than-expected U.S. jobs report, Forbes reported Saturday (Feb. 5). While economists...

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Crypto Products See High Outflows in January as Investors Head for Less Risk
Crypto Products See High Outflows in January as Investors Head for Less Risk
February 06, 2022  |  Cryptocurrency

Cryptocurrency investment products were hit with record outflows in January, a report Saturday (Feb. 5) says. Investors pulled an average of $61 million from digital...

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Crypto Sector Expected to Spend Over $160M on Sports Sponsorships in ’22
Crypto Sector Expected to Spend Over $160M on Sports Sponsorships in ’22
February 06, 2022  |  Cryptocurrency

At this week’s Super Bowl, expect to see a lot of ads for cryptocurrency. As The Wall Street Journal reported Sunday (Feb. 6), numerous crypto...

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Today in Crypto: La Haus Sells Colombian House for Bitcoin; JPMorgan’s Asset Management Chief Decries Crypto, NFTs
Today in Crypto: La Haus Sells Colombian House for Bitcoin; JPMorgan’s Asset Management Chief Decries...
February 06, 2022  |  Cryptocurrency

Michael Cembalest, J.P. Morgan Asset Management chairman of market and investment strategy, said bitcoin’s valuations are “the stuff that dreams are made of” — and...

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Bitcoin-as-Currency Experiment Costs El Salvador 1% of Its GDP, IMF Reports
Bitcoin-as-Currency Experiment Costs El Salvador 1% of Its GDP, IMF Reports
February 04, 2022  |  Bitcoin

The International Monetary Fund (IMF) is still on the offensive when it comes to El Salvador’s use of bitcoin as a legal tender, estimating the...

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Bitcoin’s 10-Minute Block Time Batches and Fluctuating Transaction Fees Give RTP a Leg Up
Bitcoin’s 10-Minute Block Time Batches and Fluctuating Transaction Fees Give RTP a Leg Up
February 04, 2022  |  Bitcoin

ACH transactions get a lot of criticism for batching transactions into a few bundles a day, slowing down the time it takes for transactions to...

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Today in Crypto: Russian Finance Minister Eyes Legalizing Crypto Trading Through Banks; TurboTax to Allow Refunds in Crypto
Today in Crypto: Russian Finance Minister Eyes Legalizing Crypto Trading Through Banks; TurboTax to Allow...
February 03, 2022  |  Cryptocurrency

During January’s intense cryptocurrency selloff, volumes also fell, which is an ill omen for exchanges trading the digital currencies, Bloomberg reported Thursday (Feb. 3). Total...

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PYMNTS Crime Series: Another Day, Another Nine-Figure Crypto Hack
PYMNTS Crime Series: Another Day, Another Nine-Figure Crypto Hack
February 03, 2022  |  Security & Fraud

Welcome to PYMNTS’ series on crypto crime. In it, we’ll be looking at the crimes that have not only been committed in the cryptocurrency industry...

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