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cryptocurrencies

China Decrees All Cryptocurrencies, Including Bitcoin, Illegal

China’s central bank declared all transactions involving Bitcoin and other virtual currencies illegal on Friday, stepping up a campaign to block use of unofficial digital money. Chinese banks were banned from handling cryptocurrencies in 2013, but the government issued...

The Disastrous Environmental Impact of Bitcoin and Cryptocurrency

While the benefits and disadvantages of bitcoin and other cryptocurrencies have long been debated, their impact on the environment has only just begun to be discussed. Some argue that they are shady and untraceable, and others dismiss them as a...

Donald Trump Calls Bitcoin a “Disaster Waiting to Happen”

Former President Donald Trump argued that bitcoin and other cryptocurrencies are  "potentially a disaster waiting to happen" during an appearance on Fox Business. When asked if he himself has invested in Bitcoin, Trump stated that he "likes the currency of...

Price of Bitcoin Shoots Above $50,000 for First Time Since May

The value of Bitcoin has shot above $50,000, taking it to its highest level since May of this year. The cryptocurrency reached $50,419 on Monday morning, according to CoinMarketCap’s price index, amid a market-wide resurgence. Ethereum (ether), Cardano (ada) and...

Missouri Mayor Wants to Give Every Resident $1,000 in Bitcoin

The mayor of Cool Valley, a city in the U.S. state of Missouri, is raising funds in order to give up to $1,000 in bitcoin to all residents in his city. However, Jayson Stewart says he does not want them...

Tesla Might Accept Bitcoin Again, Says Elon Musk

Tesla founder Elon Musk tweeted on Sunday that the company would resume acceptance of Bitcoin when mining can done using clean energy. The electric car maker will allow bitcoin transactions again “when there’s confirmation of reasonable (~50 per cent) clean...

Bitcoin and Cryptocurrency ATMs Coming to Greece

ATMs through which one can buy and sell cryptocurrencies such as bitcoin, ethereum, litecoin, and dash, are set to multiply in Greece over the next few months. Until now there are four such ATM's in Athens and one in Thessaloniki. Reports...