Bitcoin

Vitalij Sova Bitcoin (BTC-USD) on Friday was on track for marginal weekly gains of about 0.2%, with the world's largest cryptocurrency by market capitalization stabilizing somewhat after a steep fall last week. With no specific positive news to drive sentiment, the token's weekly advance appeared to be mostly a correction after its more than…

Democratic presidential candidate Robert F. Kennedy Jr. (RFK) will be the first presidential candidate in United States history to accept campaign donations with Bitcoin, making his first appearance as a presidential candidate at the crypto conference. He praised the cryptocurrency as a "symbol of democracy and freedom" during the event. "Today…

Robert Kiyosaki.Courtesy of Robert KiyosakiRobert Kiyosaki warned that the US economy is heading for a severe downturn.The "Rich Dad Poor Dad" author touted bitcoin, silver and gold as good investments.Kiyosaki is a frequent economic doomsayer, and previously predicted the worst market crash in world history in 2021.Robert Kiyosaki warned the US…

Cryptocurrency trading platform Coin Cafe has been ordered to repay $4.3 million to its users after allegedly charging “exorbitant and undisclosed fees" for storing Bitcoin on the platform — leading to some accounts being drained entirely of its funds.Based in Brooklyn, Coin Cafe initially filed an application for a virtual currency license…

A trio of speakers in attendance at Industry Day, May 18, during the Bitcoin 2023 event in Miami held a discussion on government regulation and how the cryptocurrency industry should fight back against the “anti-crypto army.” Moderated by David Zell, cofounder of the Bitcoin Policy Institute, the panel featured Perianne Boring, Founder and CEO…

Less than a year after proof-of-stake (PoS) became the consensus mechanism for the Ethereum blockchain — the industry’s largest blockchain network — researchers have found that PoS can complement Bitcoin. Stanford University professor David Tsè spoke to Cointelegraph at the 2023 Bitcoin Builders conference in Miami, Florida, about his team’s…

The City of Miami's quest to become a world-class finance and tech hub continues, but industry leaders say it appears the focus is shifting away from cryptocurrency In April 2022 at the Bitcoin conference, Mayor Francis Suarez unveiled the Miami Bull, a 3,000-pound crypto-inspired statue. "We are redefining Miami as the…

How are you celebrating Bitcoin Pizza Day 2023? Bitcoin enthusiasts around the world are gearing up to celebrate the 13th anniversary of Bitcoin Pizza Day on May 22, 2023. The annual event commemorates the historic transaction where Laszlo Hanyecz famously used 10,000 bitcoins to purchase two Papa John’s pizzas. This year, leading cryptocurrency…

India's government and central bank have received proposals asking to restore access of the Unified Payments Interface (UPI), a widely popular real-time payment system, to the crypto industry, several sources familiar with the matter have told CoinDesk.Two proposals have already been made. A third proposal will be made "in the coming few weeks"…

Investing in unbacked digital assets like bitcoin (BTC) and ether (ETH) resembles gambling and should be regulated as such, a cross-party lawmaker group in the U.K. has said. But the government is sticking by its plans to regulate them as financial services.The Treasury Committee is worried the government’s proposal “will create a 'halo' effect,…