BITCOIN

The price of a bitcoin has inched above $20,000 after the broader crypto selloff dragged it below the psychological threshold a day earlier.

The price of bitcoin has fallen below $20,000 for the first time since late 2020, in a fresh sign that the selloff in cryptocurrencies is deepening.

As cryptocurrency value took a major plunge this week, with Bitcoin and other cryptocurrencies losing value, Miami’s own cryptocurrency, MiamiCoin has seen its own declines.

Retirement giant Fidelity said Tuesday that it’s launched a way for workers to put some of their 401(k) savings and contributions directly in bitcoin.

Miami is now getting its very own charging bull statue, reminiscent of the iconic one in the heart of New York City's financial district.

President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded.

The International Monetary Fund says that El Salvador should dissolve the $150 million trust fund it created when it made the cryptocurrency Bitcoin legal tender and return any of those unused funds to its treasury.

In the cryptocurrency world, which gets likened to the Wild West of financial markets, one of the industry’s major players is asking for a sheriff.

As the biggest cryptocurrencies flirt with record highs in value, they are increasingly becoming bigger sources of revenue for charities.

Bitcoin stormed above $66,000 for the first time on Wednesday, riding a wave of excitement about how the financial establishment is increasingly accepting the digital currency’s rise.

Whether you love cryptocurrencies or hate the very idea of them, they’re becoming more mainstream by the day.

A bitcoin operation in central New York has taken over a power plant to find cheap energy for currency mining in a move that has alarmed environmentalists.

China’s central bank has declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money.

Cuba’s government says it will recognize — and regulate — cryptocurrencies for payments on the island.

What does Bitcoin have to do with roads and bridges.

The City of Miami will be debuting a cryptocurrency this summer to help raise additional funding for local projects.

Bitcoin’s price surged again Monday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking a “digital currency and blockchain product lead.”.

China’s biggest banks have promised to refuse to help customers trade Bitcoin and other cryptocurrencies after the central bank said executives were told to step up enforcement of a government ban.

El Salvador President Nayib Bukele has announced in a recorded message played at a Bitcoin conference in Miami that next week he will send proposed legislation to the country’s congress that would make the cryptocurrency legal tender in the Central American nation.

Bitcoin 2021 has officially kicked off on Friday, June 4, at Mana Wynwood with Twitter and Square co-founder and CEO Jack Dorsey, Nick Szabo, Michael Saylor, Senator Cynthia Lummis, and professional skateboarder Tony Hawk as headline speakers.

Shares are mixed in Asia after benchmarks closed broadly lower on Wall Street in a third day of retreat.

Electric car maker Tesla will stop accepting Bitcoin as a payment.

Trevor Lawrence, the likely No. 1 overall NFL draft pick, has signed an endorsement deal with cryptocurrency investment app Blockfolio.

Venmo will allow users to buy and sell cryptocurrencies on its app, the latest mainstream financial platform to wade into alternative currency like Bitcoin.

Coinbase has made a rousing debut on Wall Street.

E11even Miami, en el corazón del centro de la ciudad, es conocida por ser pionera en muchas "novedades" en la industria de la vida nocturna, incluido ser el primer club nocturno de Miami de su tamaño abierto las 24 horas, los 7 días de la semana. Ahora, el club tiene otra “novedad”, pues será el primer club nocturno mayor en los Estados Unidos en aceptar criptomonedas como forma de pago.

E11even Miami says that when customers pay for tables, drinks, or merchandise at the nightclub, they will have the option of using cryptocurrency, including Bitcoin.

MIAMI – AmericanAirlines Arena is about to be flying away for good. The Miami Heat’s home arena on Biscayne Bay will be renamed FTX Arena, pending approval of the Miami-Dade County Board of County Commissioners at a special meeting Friday. Miami-Dade County, which negotiated the agreement with FTX in coordination with the Heat, announced the agreement in principle of a 19-year partnership Tuesday. The county is expected to get about $90 million over the 19 years after deducting payments to the Heat and other expenses. Ad“The entire FTX family is thrilled to partner with Miami-Dade County and the Heat,” FTX CEO Sam Bankman-Fried said in a statement.

Powell said Monday, March 22, 2021, that the U.S. public needs to understand the risks behind Bitcoin and other crypto currencies, even as the central bank itself is studying the potential costs and benefits of a digital dollar. (AP Photo/Susan Walsh, Pool, File)WASHINGTON – Federal Reserve Chair Jerome Powell said Monday that the U.S. public needs to understand the risks behind Bitcoin and other cryptocurrencies, even as the central bank itself is studying the potential costs and benefits of a digital dollar. “They’re highly volatile, see Bitcoin, and therefore not really useful as a store of value,” Powell said in remarks to a virtual summit hosted by the Bank for International Settlements. There is also the risk that a digital currency could be held by individuals electronically and could therefore bypass banks. “Private stable coins are not going to be an appropriate substitute for a sound monetary system based in central bank money.”

– The seemingly unstoppable rise of Bitcoin continued Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time. Bitcoin is rallying as more companies signal the digital currency could eventually gain widespread acceptance as a means of payment. Some businesses also accept bitcoin, but its popularity has stalled out in recent years. Overstock.com appears to accept Bitcoin for most listings on its website, including cameras, vacuums and clothes. When this bubble bursts and at what price Bitcoin settles at is anyone’s guess,” Reiners said.

The Bitcoin logo appears on the display screen of a crypto currency ATM at the Smoker's Choice store, Tuesday, Feb. 9, 2021, in Salem, N.H. The price of Bitcoin has soared over the past months. – After a wild week in which Bitcoin soared to new heights, Bitcoin crossed the $50,000 mark early Tuesday. Bitcoin rallied throughout the as more companies signaled the volatile digital currency could eventually gain widespread acceptance as a means of payment for goods and services. Bitcoin has been mostly seen as a store of value, like gold, with very few places to spend it.

Tesla says it has invested more than $1 billion in Bitcoin and will accept the digital currency as payment for its electric vehicles. Electric automaker Tesla said Monday that it has invested around $1.5 billion in Bitcoin and it plans to begin accepting the digital currency as payment for its high-end vehicles soon. The price of Bitcoin soared 15.4% to around $44,500 Monday in reaction to Tesla's announcement, according to CoinBase. Bitcoin has drawn enthusiasts for its scarcity and security, but the volatile digital currency still is not widely used to pay for goods and services. It's mostly been a store of value, like gold, with some limited merchants like Overstock accepting bitcoin for payment.

Bitcoin has crossed the $40,000 mark, extending on a huge rally that started three months ago, Thursday, Jan. 7, 2021. Now only a few days into 2021, the price of bitcoin has crossed $40,000. Nothing's new with the digital currency in the month since it crossed $20,000 — there's been no major change in how it can be used. The digital currency made its big Wall Street debut in December 2017, when the major futures exchanges rolled out bitcoin futures. The currency's value plunged sharply in 2018, and by December of that year Bitcoin was worth less than $4,000 a coin.

Copyright 2019 CNN(CNN) - Bitcoin, which recently celebrated its eleventh anniversary, has surged this year. The prices of leading rival cryptocurrencies to bitcoin, such as ethereum, litecoin and EOS have all rallied this year as well. So is the bitcoin comeback for real? "The amount of new bitcoin issued ('mined') each day is hard-coded into the software of the bitcoin blockchain," Hougan wrote in a report earlier this month. There's also a specialty crypto trading firm named Coinbase that has emerged as a market leader.

Copyright 2019 CNN(CNN) - Bitcoin investors are concerned that lawmakers' pressure on Facebook's Libra could ripple throughout the cryptocurrency market. The price of Bitcoin had fallen more than 11%, to around $9,590, by the end of a Senate Banking Committee hearing on Libra Tuesday morning. Now, lawmakers in the United States are calling for increased or clarified regulations for the cryptocurrency market as a whole. "That's going to help the United States compete in the blockchain sector." Bitcoin's price may continue to falter this week as Libra faces another hearing before the House Financial Services Committee on Wednesday.