Page 4 - Bitcoin Falls News Today

To improve the performance of our website, show the most relevant news products and targeted advertising, we collect technical impersonal information about you, including through the tools of our partners. You can find a detailed description of how we use your data in our Privacy Policy. For a detailed description of the technologies, please see the Cookie and Automatic Logging Policy. By clicking on the "Accept & Close" button, you provide your explicit consent to the processing of your data t...

Venmo, the peer-to-peer payment service owned by PayPal Holdings Inc, said on Tuesday it has started allowing users to buy, hold and sell cryptocurrencies on its app, a step that could inspire more mainstream adoption of the asset class. Venmo users will be able to buy bitcoin, ethereum, litecoin and bitcoin cash for as little as $1 and publish transactions on the apps feed, the company said. With more than 70 million customers, Venmo is one of the most popular payment apps in the United Sta...

For a cryptocurrency created as a joke, Dogecoin now has some serious company. After a 400% rally in the past week, the total value of all circulating Dogecoins in the world is about $50 billion, according to data provider CoinMarketCap.com. That makes it bigger than the market cap of Ford Motor Co. and Kraft Heinz Co. -- and nearly equal to Twitter Inc., the platform where Elon Musk and Mark Cuban have promoted the Shiba Inu-themed meme coin. No one thinks these blue-chip stocks are all th...

British authorities are exploring the possibility of creating a new digital currency that Treasury chief Rishi Sunak indicated could be known as Britcoin". The Bank of England and the Treasury said Monday that they will work together to assess the benefits of a central bank digital currency, at a time when cash payments are generally on the decline, partly as a result of the coronavirus pandemic. The bank said the new currency, if it comes to pass, would be a new form of digital money for us...

Bitcoin tumbled more than 4% on Friday after Turkeys central bank banned the use of cryptocurrencies and crypto assets for purchases citing possible "irreparable" damage and transaction risks. In legislation published in the Official Gazette, the central bank said cryptocurrencies and other such digital assets based on distributed ledger technology could not be used, directly or indirectly, to pay for goods and services. The decision could stall Turkeys crypto market, which has gained momentu...

Bitcoin Falls as Bond Volatility Saps Demand for Cryptocurrencies TheStreet 3/5/2021 © TheStreet Bitcoin Falls as Bond Volatility Saps Demand for Cryptocurrencies Bitcoin fell for a second day Friday as comments from Federal Reserve Chairman Jerome Powell sparked another increase in bond yields, in turn prompting investors to turn toward assets perceived as less risky. Popular Searches Bitocoin was down about 3% at $48,308 in Friday trading, according to CoinDesk. The largest cryptocurrenc...

Cryptocurrency trading volumes soared by 17% last month in the wake of Teslas $1.5 billion bitcoin bet, with larger exchanges taking a growing share of the overall volumes, data showed on Friday. Trading volumes jumped to $2.7 trillion in February, with volumes at major exchanges jumping over 35% to $2.4 trillion, researcher CryptoCompare said. Smaller exchanges saw volumes slump by 36% to $381 billion, suggesting growing consolidation of trading at larger venues. Volumes hit an all-time high...

Bitcoin fell as much as 6% on Friday to its lowest in two weeks, as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets. The worlds biggest cryptocurrency slumped as low as $44,451 before recovering some of its losses. It was last trading down 1.3% at $46,588. The sell-off echoed that in equity markets, where European stocks tumbled as much as 1.5%, with concerns over lofty valuations also hammering demand. Asian stocks fell by the most in nine months. Bi...

Read more about Coinbase reveals healthy revenue growth, profit in listing application on Business Standard. The firm said in December that it had confidentially applied with the US Securities and Exchange Commission (SEC) to go public

Read more about Bitcoin tumbles 17% as doubts grow over starry valuations on Business Standard. The worlds biggest cryptocurrency suffered its biggest daily drop in a month