Bitcoin

Investment management firm Invesco has unveiled a new physical backed bitcoin ETP, tracking CoinShares Bitcoin Hourly Reference Rate index. The Invesco Physical Bitcoin ETP has a fixed 0.99% annual fee. The BTC will be held by Zodia Custody, a...

The entire capitalization of the cryptocurrency market increased by $130 billion in a single day as the original cryptocurrency bitcoin skyrocketed to $58,000. Following a few consecutive days of price slides, bitcoin finally bounced off by adding $4,000 of...

The governor of the Bank of England has voiced concerns about the Central American country El Salvador choosing bitcoin as a national currency. Citing a recent warning by the International Monetary Fund (IMF) against bitcoin's use as legal tender,...

All cryptocurrencies dropped massively yesterday amid the fears of a new strain of COVID-19 that had speculators and analysts brainstorming scenarios of a possible new lockdown. Recently, scientists discovered the B.1.1.529 variant of the coronavirus. It has a high...

Bitcoin prices suffered some weakness today, dropping to their lowest since mid-October, as market observers cited several factors as potentially triggering these declines. The world's leading cryptocurrency depreciated to as low as $55,460.96 today, according to CoinMarketCap. In addition,...

El Salvador should not use bitcoin as legal tender due to the financial and consumer risks it poses, the International Monetary Fund (IMF) staff wrote in a concluding statement related to a mission in the Central American country. El Salvador had...

According to the Reuters report, El Salvador is planning to build the world's first "Bitcoin City," funded initially by bitcoin-backed bonds, President Nayib Bukele said on Saturday. He doubled down on his bet to harness the cryptocurrency to fuel...

The infamous BitCoinnect Ponzi scheme allegedly cheated many people across the U.S. out of more than $2 billion worth of Bitcoin. The U.S. Justice Department is selling the $56 million USD worth of cryptocurrency it seized in the elaborate...

Australian Baseball League team, the Perth Heat, say they will become the first club in professional sport to pay its players in Bitcoin as part of a new sponsorship agreement. The baseball team will pay players and staff in...

A CoinShares weekly report shows that institutional traders have locked in a record sum of capital into bitcoin investment products. A total of $97.5 million flowed into bitcoin last week, while the total inflow for cryptocurrencies totaled $150.9 million. This is...