Currencies

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.

The Russian ransomware group responsible for the Colonial Pipeline hack, Darkside, reaped just over $90 million in Bitcoin ransom payments from 47 victims before announcing it would cease operations, according to blockchain analytics firm Elliptic.

MicroStrategy CEO confirms the purchased $10 million in Bitcoin as the cryptocurrency tumbled below the $50,000 level after Elon Musk bashed it.

Cryptocurrency scammers posing as Elon Musk have stolen over $2 million using investment scams since October 2020, according to the Federal Trade Commission.

This is Musk's latest in a string of recent comments regarding Bitcoin, impacting the market price of the cryptocurrency.

Mark Cuban said Saturday that Dogecoin, the meme coin promoted by Elon Musk and originally created as a joke, could "grow as a valid payment mechanism" in the future.

This ETF offers exposure to cryptocurrencies through public companies that operate in the space giving investors a slice of assets that are challenging to access.

FOX Business' Stuart Varney weighs in on Elon Musk tweeting about bitcoin and dismissal of dogecoin during his appearance on "SNL."

Elon Musk may have gotten a lot of publicity from his appearance on last weekend’s "Saturday Night Live", but it didn't help his net worth.

Elon Musk turned his back on bitcoin sending a chill through the cryptocurrency world.

Tesla CEO Elon Musk said Wednesday the electric car maker will no longer accept bitcoin for vehicle purchases amid concerns regarding the environmental impact of cryptocurrency mining.

Ethereum is surging to a new record, Dogecoin is also moving higher after Tesla and SpaceX CEO Elon Musk's "SNL" appearance roiled cryptocurrencies.