Another bad week for bitcoin could be a precursor of more pain to come, according to strategists watching the selloff in cryptocurrencies.
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El Salvador’s president, Nayib Bukele, will send a bill to congress next week to make bitcoin legal tender in the Central American nation.
Bitcoin slipped 4% on Friday after Tesla CEO Elon Musk was at it again — this time firing off a few tweets that appeared to lament a breakup with the cryptocurrency.
The only reasonable course of action is to be proactive, and those taxpayers who are at risk of being “found out” should take the cue and rectify their affairs before it is too late. By Thomas Lobban.
A Standard Chartered unit intends to establish a cryptocurrency brokerage and exchange platform in Britain and Europe, targeting institutional clients, the bank said on Wednesday.
South Africa’s three largest cryptocurrency exchanges say they have been approached by the South African Revenue Service as part of a tax risk assessment exercise on residents.
Dogecoin may not be the funniest joke of all time, but it’s probably the one with the largest market valuation.
Bitcoin slumped on Friday to its lowest this week, taking losses sparked by a growing crackdown in China and environmental concerns to almost 40% so far this month.
Iran has banned the power-intensive mining of cryptocurrencies like bitcoin ahead of its peak electricity demand season, after soaring consumption contributed to blackouts in major cities.
As bitcoin attempts its latest price rebound after a 40% slump in three days, its long-term potential as an investable asset is becoming linked inextricably to its cost for the rest of society.