Bitcoin rallies 17% after dropping below $30,000

Bitcoin has rebounded after a volatile session in which it fell below $30,000, recovering losses sparked a day earlier when China’s central bank deepened a crackdown on cryptocurrencies. On Wednesday morning, Bitcoin rose as much as 17 percent, to $34,818, surging a day after hitting its lowest level since January. Bitcoin supporters said that the correction was … Read more

PayPal will allow customers to withdraw Bitcoin to third-party wallets

PayPal will allow customers to withdraw cryptocurrencies used to buy and sell goods to third-party wallets PayPal has let users buy and sell cryptocurrencies since October and will soon allow them to move their digital assets to third party wallets  Jose Fernandez da Ponte, who leads PayPal’s blockchain unit, made the announcement on Wednesday during Coindesk’s Consensus … Read more

Bitcoin blow as HSBC vows to steer clear of the cryptocurrency

Bitcoin blow as HSBC vows to steer clear: Bank boss cites its volatility and lack of transparency By Mark Shapland For The Daily Mail Published: 21:51 BST, 24 May 2021 | Updated: 21:51 BST, 24 May 2021 Bitcoin was dealt a fresh blow after HSBC’s chief executive declared the bank would not touch it. Noel … Read more

Bitcoin regains some ground after falling to 50% below its record high

Bitcoin regains some ground after falling to 50% below its record high as weekend volatility rocks crypto investors Bitcoin slides to 52% below its mid-April record high of $64,829 Volatile weekend trading also saw ethereum slide as crypto rout continued  By Simon Lambert For This Is Money Published: 09:25 BST, 24 May 2021 | Updated: … Read more

Bitcoin recovers from day’s worst losses as Elon Musk says Tesla will NOT sell its holdings

Bitcoin has rallied after plunging below the $40,000 mark for the first time in more than three months, as Tesla boss Elon Musk insists the company will not sell any of its holdings in the cryptocurrency. Bitcoin rebounded on Wednesday afternoon, hitting $40,400 after sinking as low as $30,201.96 in a panicked sell-off spurred by a … Read more

Bitcoin plunges in value as China starts cryptocurrency crackdown days after Elon Musk warning

Bitcoin plunges in value as China starts cryptocurrency crackdown just days after Elon Musk said Tesla would not accept digital currency China announced bitcoin will not be allowed in transactions due to fluctuations Financial institutions also warned investors against trading in cryptocurrency Elon Musk announced last week Tesla would not accept bitcoin as payment He … Read more

Elon Musk’s net worth takes a $20 Billion dive after SNL appearance as bitcoin is still down

Elon Musk’s net worth takes a $20 BILLION nosedive after a one-two punch: Tesla no longer taking Bitcoin and the SNL appearance when he called dogecoin a ‘hustle’ The Tesla CEO is $20 billion poorer since hosting SNL last weekend Musk was worth $166 billion prior to his May 8 appearance, since then shares of … Read more

Elon Musk makes screeching bitcoin U-turn sending the price plummeting

Elon Musk makes screeching bitcoin U-turn: Tesla boss says you can’t buy cars with cryptocurrency sending the price plummeting By Matt Oliver For The Daily Mail Published: 22:00 BST, 13 May 2021 | Updated: 22:00 BST, 13 May 2021 The price of bitcoin plummeted after top backer Elon Musk renounced the digital currency. In a … Read more

TikToker Charli D’Amelio thanks Gemini for her Bitcoin birthday gift after celebrating her 17th

TikToker Charli D’Amelio thanks Gemini for her Bitcoin birthday gift… following star-packed party for her 17th with Addison Rae and Lil Nas X By Kelby Vera For Dailymail.com Published: 22:58 BST, 5 May 2021 | Updated: 22:58 BST, 5 May 2021 TikToker Charli D’Amelio just celebrated her 17th birthday with a VIP bash at one … Read more

Fund giant Ruffer slashes Bitcoin stake after Elon Musk tweets

Fund giant slashes Bitcoin stake after Elon Musk tweets trigger a frenzy: Ruffer cashes in on price surge with huge sale – so is bubble set to burst? By Emma Dunkley, Financial Mail On Sunday Published: 21:50 BST, 1 May 2021 | Updated: 21:50 BST, 1 May 2021 Fund manager Ruffer has sold the majority … Read more