Tag: BITCOIN

It wasn’t Bitcoin mining! All 3,800 PlayStation played FIFA to get prizes and resell them

The investigation revealed that the 3,800 PlayStation 4s, which they initially thought were used for Bitcoin mining, were actually programmed to automatically play FIFA and...

Small Businesses Should Have No Business with Cryptocurrency

Stick to your plan. Don’t bite at bitcoin. July 13, 2021 4 min read Opinions expressed by Entrepreneur contributors are their own. I launched my...

3 Popular Myths About Cryptocurrency (and the 1 Truth That Matters Most)

June 25, 2021 5 min read Opinions expressed by Entrepreneur contributors are their own. If you’ve been following investment news during the last few years,...

Income earned via cryptocurrency must be disclosed

Cryptocurrencies have been in the spotlight in the recent past owing to factors such as the dramatic rise and fall of prices, views of certain...

What is it and how will it impact investors?

Bitcoin’s Taproot upgrade, which is the first upgrade to the crypto asset in four years, was recently approved by miners around the world. The upgrade...

Central bank digital cash will complement cryptos: Analysts

Central bank digital currencies will complement cryptocurrencies rather than competing with them despite not being structurally different from their country’s fiat currencies, strategists and fund...

Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green

Prices of the world’s No. 1 crypto on Sunday were trading sharply higher, as digital-asset bull Elon Musk said Tesla would resume allowing transactions at...

bitcoin: Bitcoin ruling roils crypto world seeking regulatory clarity

By Vildana Hajric and Yakob Peterseil International banking regulators’ decision to classify Bitcoin as the riskiest of assets dragged cryptocurrencies further into the mainstream financial...

El Salvador Makes History as the First Country to Accept Bitcoin as Currency

The Bitcoin Law was passed by a “supermajority” in a 62-22 vote by the country’s congress. Grow Your Business, Not Your Inbox Stay informed and...

Elon Musk breaks up with bitcoin? Cryptic tweet has some crypto bulls fearing the worst

Crypto bull Elon Musk on Thursday evening issued a cryptic tweet that many in the world of digital assets were interpreting as the billionaire’s breakup...

bitcoin price: Bitcoin’s easing volatility sends bullish signal for some

A lull in Bitcoin’s wild swings in recent days has been taken by some as a tentative sign the fragile digital currency could recover. The...

OnePlus May Be Working on Introducing Its Cryptocurrency Wallet, Survey Suggests

OnePlus could be the next big name in the growing market of cryptocurrencies led by Bitcoin as the Chinese company is found to be conducting...

A ‘bloody crypto’ Memorial Day weekend? Some bitcoin bulls are dreading the long U.S. holiday break

Bullish investors in bitcoin aren’t all jazzed about the long U.S. Memorial Day holiday weekend ahead. The sun, the fresh air, barbecues, the first major...

Should You Take a Chance on the Meme Crypto?

May 28, 2021 4 min read Opinions expressed by Entrepreneur contributors are their own. In February, Elon Musk and other celebrities tweeted about Dogecoin — and...

Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he’s wagering it all in one final push to $3 million

Don’t invest like Andrew Dawood — you may never be as lucky. The Egyptian-born resident of Dubai turned roughly $50,000 in savings into $1.7 million...

Here are five problems with bitcoin that will cause it to fail eventually

I’m not saying that cryptocurrencies will fail. In fact, it is quite obvious that the future of currencies is digital and crypto is simply a...

Crypto investor-protection talk heats up but lawmakers hope to allow buyers to ‘dogecoin to their heart’s content’

A bout of volatility in the past month in the crypto market has helped to reignite a push for increased scrutiny of the nascent digital-asset...

‘Where the crypto market goes from here is completely dependent on the stock market,’ says digital-asset tycoon Barry Silbert

Want to know where the crypto market goes from here? Barry Silbert, a power player in the digital-asset sector, says that investors ought to look...

Bitcoin prices tumble 50% from peak and Mark Cuban calls the crypto crash the ‘great unwind’

Bitcoin prices on Sunday afternoon were in free fall anew, with the world’s No.1 crypto spiraling down more than 50% from a peak in around...

Samsung Blockchain Wallet Now Supports Third-Party Hardware Wallets

Samsung Blockchain Wallet will now be able to manage and trade cryptocurrencies from third-party hardware wallets through an update on compatible Galaxy smartphones. Galaxy smartphone...

Bitcoiners waving eco-friendly bona fides bet on green premium

By Olga Kharif and Josh Saul Bitcoin’s environmental dark side has been glossed over for years. Elon Musk changed that with a tweet. And with...

The billionaire creator of Ethereum already expected the collapse of cryptocurrencies

At 27 years old, Vitalik Buterin became the billionaire thanks to his creation: the cryptocurrency Ethereum. But he is aware that the bubble will burst...

What turbocharged this week’s crazy cryptocurrency meltdown?

By Joanna Ossinger Liquidations and leverage appear to have turbocharged this week’s cryptocurrency meltdown. Bitcoin dropped as much as 31% Wednesday to near $30,000, and...

Opinion: Why bitcoin’s bust and the ‘crypto cult’ threaten all investors

Traders who have been coordinating on social media to promote stratospheric prices in meme stocks, such as GameStop GME, -7.93%, and cryptocurrencies such as bitcoin...

Second-biggest cryptocurrency ethereum breaks $4,000 to hit record high

LONDON/SINGAPORE: Cryptocurrency ethereum broke $4,000 for the first time on Monday, climbing to a new peak for a third day in a row on bets...