US President Donald Trump has recently signed an executive order to establish a strategic bitcoin reserve, using cryptocurrencies already owned by the US government.
Regulators have long warned that cryptocurrencies like bitcoin are high-risk assets, with limited uses in the real world. High volatility has been another barrier to wide adoption as a means of payment.
Bitcoin , the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded up 3.2 percent to $104,462
Donald Trump won the US election promising to make the country the "bitcoin and cryptocurrency capital of the world":
The digital unit has advanced more than 50 percent since the tycoon's poll win -- and around 134 percent since the turn of the year
Trump’s team has met with industry executives to discuss creating a White House job focused on cryptocurrency policy.
Bitcoin's value has soared to a record high of above $95,040, as excitement builds around a potentially supportive approach to cryptocurrencies under President-elect Donald Trump.
It was last at $92,104 in Asian hours on Wednesday, having touched a record high $94,078 just toward the end of the previous session.
Trump's impending presidency has spurred an enthusiastic market response, with bitcoin surging more than 25 percent in a week and breaking through the $90,000 mark for the first time
Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US approval of broader trading in the unit will ramp up demand
Bitcoin dropped below the $20,000 level on Saturday to its lowest point in 18 months, extending its slide as investors showed they were unnerved by growing troubles in the industry and as the general pull-back from riskier assets continued.
The unpredictable rise and fall of Bitcoin makes it a risky investment for many, and the recent crash in the cryptocurrency market means many dedicated crypto owners are going back to cash.
If Bitcoin is indeed a commodity, why does the Bangladesh Bank have overlying regulations on how it can be managed?
October 31, 2008 marked the birth of bitcoin. Ten years on, the world's first cryptocurrency is at the forefront of a complex financial system viewed warily by markets and investors.
Bitcoin is a cryptocurrency invented in 2009 by a software developer allegedly named Satoshi Nakamoto with a goal to create “a new electronic cash system” that was “completely decentralised with no server or central authority.
Cryptocurrency was first introduced to the masses as a form of digital money; emphasising on the point that the future is cash-free.
The head of the Bank of International Settlements, the central bank for central banks, on Tuesday lambasted bitcoin as a speculative
Cryptocurrencies plunged on Friday, with bitcoin at one point sliding below $8,000 and headed for its biggest weekly loss since
Bitcoin is a trending topic today due to the surge in its value in comparison to traditional currencies. The peak value
