Bitcoin climbs near $40,000 after Musk says Tesla could use it again
Bitcoin climbed to shy of $40,000 on Monday, after yet another weekend of price swings following tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and said Tesla sold bitcoin but may resume transactions using it.
Stocks scale another peak as markets await Fed signal
World stocks climbed another peak on Monday, while U.S. bond yields were near three-month lows as worries of rising inflation abated and investors anticipated the U.S. Federal Reserve sticking to its dovish course this week.
Musk says Tesla will accept bitcoins when miners use more clean energy
Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy.
Bitcoin law is only latest head-turner by El Salvador’s ‘millennial’ president
The young president of small Central American nation El Salvador leapt to worldwide fame this week after his country became the first in the world to adopt bitcoin as legal tender, but Nayib Bukele is no stranger to controversy.
Analysis: Remittance firms slow to add bitcoin, despite El Salvador move
El Salvador may be touting bitcoin’s use to help its citizens living abroad send funds back home, but the biggest remittance firms are cautious about offering cryptocurrency services.
Analysis: Remittance firms slow to add bitcoin, despite El Salvador move
El Salvador may be touting bitcoin’s use to help its citizens living abroad send funds back home, but the biggest remittance firms are cautious about offering cryptocurrency services.
More Chinese provinces issue bans on cryptomining
Authorities in China’s northwestern province of Qinghai and a district in neighbouring Xinjiang ordered cryptocurrency mining projects to close this week, as local governments put into practice Beijing’s call to crack down on the industry.
Does money grow on volcanoes? El Salvador explores bitcoin mining
El Salvador’s President Nayib Bukele said on Wednesday that he has instructed state-owned geothermal electric firm LaGeo to develop a plan to offer bitcoin mining facilities using renewable energy from the country’s volcanoes.
Bitcoin falls to 3-week low as IRS seeks approval for reporting rules
Bitcoin fell to a three-week low on Tuesday amid signs of institutional investor caution, while the head of the U.S. Internal Revenue Service called for lawmakers to provide authority for tighter reporting rules on crypto transfers.
One password allowed hackers to disrupt Colonial Pipeline, CEO tells senators
The head of Colonial Pipeline told U.S. senators on Tuesday that hackers who launched last month’s cyber attack against the company and disrupted fuel supplies to the U.S. Southeast were able to get into the system by stealing a single password.
