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Bitcoin devotees are rejoicing after the latest crypto thaw

Mar 1, 2024
The cryptocurrency's price is up about 40 percent this year, inching closer to its pandemic-era high of nearly $69,000 per coin, and vindicating those who held on through recent lows.
Chesnot/Getty Images

The federal government wants to know how much electricity crypto uses. Crypto firms aren't happy.

Feb 5, 2024
The feds want data from crypto miners. The miners may file suit to block the request.
Crypto mining consumes as much as 2% of all electricity in the U.S., according to the Energy Information Administration. Above, a bitcoin mining operation in Rockdale, Texas.
Mark Felix/AFP via Getty Images

What financial advisers are saying about the new bitcoin ETFs

Jan 17, 2024
Exchange-traded funds are basically an easy way to invest in bitcoin from one's brokerage account. The SEC approved the bitcoin EFTs last week.
The new ETF will make investing in bitcoin easier. But financial advisers aren't sold on the risk factor.
Photo illustration by Chesnot/Getty Images

Has El Salvador’s bitcoin gamble paid off?

Nov 8, 2023
Two years after El Salvador approved bitcoin as legal tender, only 1% of remittances are in bitcoin and many people don’t use it.
Coffee shop owner Gabe Gutierrez said bitcoin accounts for 5% to 10% of his sales.
BBC

For some bitcoiners, "a second passport is the ultimate hedge"

Aug 3, 2023
Instead of buying a new Porsche or a private jet rental, the mega-rich can drop $100,000 on a new citizenship — and the benefits that go with it.
Dominica offers two routes to citizenship: a one-time donation of $100,000 or a real estate investment of $200,000.
Robyn Beck/AFP via Getty Images

In "Easy Money," crypto's central premise is put to the test

Jul 18, 2023
The cryptocurrency industry seeks to create a decentralized, peer-to-peer means of exchange, but is it really just a speculative bubble?
"Cryptocurrencies are not currencies, economically speaking, because they don't do what money does," says actor and author Ben McKenzie.
Alberto E. Rodriguez/Getty Images

At bitcoin's annual convention, few feel the chill of crypto winter

May 31, 2023
Attendance was down from last year at Bitcoin 2023 in Miami, but faith in the cryptocurrency held on strong.
The Bitcoin Bazaar at Bitcoin 2023 in Miami Beach, where true believers in the cryptocurrency and critics of "centralized anything" gathered.
Matt Levin/Marketplace

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How a mathematician and an entrepreneur took a bite out of crypto crime

Apr 24, 2023
The blockchain has a secret: It contains all the clues needed to connect underground purchases to people in the real world.
Some people are using the blockchain to track criminals who deal in cryptocurrency.
Geoffroy van der Hasselt

Despite a recent rough stretch for crypto, Wyoming still wants its business

Apr 7, 2023
Wyoming is continuing its efforts to bring cryptocurrency into the mainstream, but some are questioning whether that’s a good idea.
Caitlin Long, CEO of Custodia Bank, said that crypto has helped Wyoming diversify its economy.
Stefani Reynolds/AFP via Getty Images

Has the banking crisis been a boon for crypto?

Apr 3, 2023
Bitcoin and other digital currencies are riding a wave of momentum that started last month after tumult in the banking industry.
Bitcoin came into being after the Great Recession. Its price rallied after recent bank turmoil.
Mario Tama/Getty Images