Currencies

Billionaire investor Ray Dalio revealed Monday that he has some skin in the game on bitcoin — and said he’d rather invest in cryptocurrencies than buy bonds.

In May 2010, California student Jeremy Sturdivant, then 19, noticed a bizarre request on a cryptocurrency Internet forum: He could receive 10,000 Bitcoins, at the time reportedly valued at $41, in exchange for the delivery of two large pizzas to Florida resident Laszlo Hanyecz, 28.

Tesla CEO Elon Musk participated in a meeting with Bitcoin miners over the weekend, following concerns he raised publicly about the environmental impact of the cryptocurrency that sent prices tumbling.

Bitcoin’s corporate holders, such as Tesla, Square and Microstrategy, may be in for the long haul despite the sharp downturn hitting cryptos.

INX Limited CEO Douglas Borthwick, while discussing Bitcoin losing half its value, argued that the "little guy" is getting "squeezed out" while the "big guys continue to build large positions," on FOX Business' "Varney & Co."

Europe's largest bank's stance on cryptocurrencies comes as the world's biggest and best-known, Bitcoin, has tumbled nearly 50% from the year's high, after China cracked down on mining the currency and prominent advocate Elon Musk tempered his support.

When Elon Musk speaks, bitcoin investors listen.

According to prices tracked by Coindesk, Bitcoin has fallen about 12% in the last 24 hours as of Sunday afternoon, trading near $33,000 per coin. Meanwhile, Dogecoin is down about 15% trading near 28 cents per coin and Ethereum is down about 14% trading around $1,900 per coin.

Kansas City Chiefs tight end Sean Culkin, who recently announced to the world he’s converting his 2021 salary into Bitcoin, is now leading the NFL as the expert on cryptocurrency.

China poked bitcoin and the cryptocurrency market for a second time this week.

Could Bitcoin pick up the slack if Social Security benefits fall short?

Bitcoin and other cryptocurrencies are gaining despite the U.S. Federal Reserve and the IRS making comments about digital currencies.

On Wednesday China echoed previous announcements, making clear in no uncertain terms that financial institutions and payment companies should not participate in any cryptocurrency-related transactions or services. The comments helped send the price of Bitcoin plummeting to its lowest price since January – $30,066,-- before recovering Thursday at around $41,000.

Bitcoin and other cryptocurrencies stabilized after a beat-down that erased billions from the market.

Wednesday was a rough day for Bitcoin investors as the cryptocurrency plunged by as much as 30% from the prior day to a low of $30,201 by late afternoon.

Cryptocurrency exchange Coinbase has resumed service after experiencing an outage amid a massive sell-off Wednesday.

Big-money managers say too many investors have piled into bitcoin, according to a Bank of America survey.

As Bitcoin and other cryptocurrencies take a beat down, Elon Musk sends a message to his haters.

Russell Okung – the first NFL player to get a portion of his salary paid in Bitcoin – reacted Wednesday to the cryptocurrency’s dip over the last two days.

Bitcoin is trading below $40,000 down from a record $64,000 just weeks ago.