Currencies

MicroStrategy Inc. is raising cash to fund its purchase of more bitcoin, the company said Tuesday.

Bitcoin (BTC) reached a new record value of $50,000 on Tuesday before falling back below $49,000.

Miami Mayor Francis Suarez praised the city's governing commission for passing a resolution Thursday that will study the feasibility of paying employees in bitcoin, as well as allowing residents to pay fees and taxes in bitcoin. 

Bitcoin reached a new record-high value this week as major tech and financial companies eye virtual currencies.

 Mastercard Inc. on Wednesday said it is preparing to support cryptocurrencies directly on its network this year, as the company follows the rise of digital assets.

Tesla CEO Elon Musk on Wednesday said he bought Dogecoin for his baby "so he can be a toddler hodler."

Other large companies are unlikely to follow Tesla Inc. into the world of bitcoin investing, according to J.P. Morgan.

Tesla Inc.’s foray into bitcoin was an “unusual” way to spend its cash, according to some Wall Street investors.  

Tesla makes a $1.5B bet on bitcoin.

Bitcoin’s emergence as an investment thesis on Wall Street has tarnished some of gold’s allure.

In a tweet on Tuesday, billionaire Elon Musk announced that he would be taking some time off from the social media platform.

Musk said that bitcoin is "really on the verge of getting broad acceptance by conventional finance people" during an interview on audio chat app Club House.

Crypto-asset broker Voyager Digital is opening 100 accounts per minute and has become a ranked app in the Apple Store as a result of volatility from GameStop, according to its CEO.

Peter Coffey, an advertising copywriter, has used cash just once since the Covid-19 pandemic started — to buy a used car.

It has lost 11% so far this week, the biggest drop since a 12% fall in September

Early bitcoin investor Nikki Beesetti explains how a single transaction paid off in a big way.

The funds will invest only in cash-settled bitcoin futures traded on commodity exchanges registered with the Commodity Futures Trading Commission

Big-money managers say too many investors have piled into the red-hot cryptocurrency bitcoin at the start of 2021, according to a Bank of America survey conducted in January.

President Elect Joe Biden’s administration is set to take a more hands off approach to the value of the U.S. dollar than that of his outgoing predecessor, President Trump.

The mayor of Miami wants to make his city more appealing to the tech industry by embracing bitcoin.