Cryptocurrencies

Many news reports said Monday that the FCA had banned Binance Holdings, the world's largest cryptocurrency exchange when, in fact, the regulator had simply reminded the company about dealing in derivatives. S&P Global expects the economy to grow at 6.7% this year and 3.7% in 2022, up from the initial estimate of 6.5% and 3.1%.

Newsweek speaks to DNP3, the founder of new cryptocurrency CluCoin which claims its "dividends will go to charities all over the world."

The dollar's already rising inflation rates will ostensibly render the argument for bitcoin increasingly obvious and intuitive to people across the globe, causing them to look more critically at government-issued currency.

The alleged hack took place in the early hours of Monday morning and resulted in the loss of nearly $250,000 worth of tokens.

"On-chain signals indicate that strong hands are aggressively buying the Bitcoin dip," Alexandra Clark, a trader at London-based GlobalBlock, said in a research note. And marijuana-related stocks are getting a close look from investors as more states legalize the drug or decriminalize possession of small amounts for personal use.

"Whether you love him or hate him...you can't deny he is forever a part of Dogecoin history," one fan of the cryptocurrency wrote to celebrate the Tesla and SpaceX CEO turning 50.

The President of El Salvador has a deal for the nation's citizens: sign up for an e-wallet and receive free Bitcoin valued at $30.

While Dorsey is known for backing Bitcoin, the crypto has fallen out of favor with Musk recently.

"Despite the near-term volatility and recent headlines from China, we think ultimately the changes leave Bitcoin in a healthier and more resilient place," Greg Cipolaro, head of research at New York Digital Investment Group, said in a report.

The notorious software expert, who has died aged 75, was accused by U.S. authorities of illegally pumping cryptocurrencies and tax evasion.

It's unclear exactly what Tesla paid for Bitcoin when it invested $1.5 billion in the crypto last February, but it's almost certainly higher than the current price. On Tuesday, Bitcoin fell below $30,000 for the first time since late January.

After the cryptocurrency market took a drastic plunge, co-creator of Dogecoin Billy Markus reportedly invested in crypto for the first time in eight years. Experts believe the plunge in market prices can be attributed to China's crackdown on cryptocurrency bans.

China's continued crackdown on Bitcoin mining sent the value of the world's leading cryptocurrency below $30,000 for the first time since late January. The U.S. remaining the top destination for overseas money in 2021 and 2022, the United Nations said in a report.

According to CoinDesk, the price of Bitcoin was trading at around $29,811 earlier on Tuesday but reached $30,536 as of publication time. Bitcoin hit a 24-hour low price of $28,814, according to CoinDesk.

The meme cryptocurrency token has dipped under $0.20 over the past 24 hours, and is down more than 70 percent from its all-time-high in May.

Bitcoin fell about 7% Monday, dipping below $33,000 for the first time since June 8. Employment for workers earning less than $27,000 a year fell 23.6% in the first four months of 2020, while employment for workers earning $27,000 to $60,000 fell just 4.5%.

When Newsweek spoke with Chris Williamson on Monday, he had $167 trillion in cryptocurrency to his name.

Fans of the cryptocurrency are pushing the hashtag online in the hopes the token will take off. It comes amid a crypto price bloodbath on the morning of June 21.

The producers of the film The Underground Sistine Chapel hope to cover all expenses and perhaps get seed money for their next project by selling NFTs based on their feature film. Put your GPS away: Rand McNally Large Scale Road Atlas was on the Publishers Weekly bestseller list for 45 weeks.

Members of the Dogecoin Reddit community were wondering about the results of the sweepstake on Thursday.

Sadly for Chris Williamson, he is unable to withdraw his $1.4-trillion fortune. He believes his newfound wealth was due to a glitch in the Coinbase system.

The billionaire investor told Newsweek how he got caught up in this week's crypto crash that saw a token virtually wiped off the market.

"While the government did approach us for assistance on Bitcoin, this is not something the World Bank can support given the environmental and transparency shortcomings," a World Bank spokesperson told Newsweek.

Between October 2020 and May 2021, almost 7,000 people in the U.S. lost $80 million to cryptocurrency scammers.

The token, linked to the Iron Finance stablecoin project, plummeted on Wednesday in what one investor said was a panic sell.

A hardware wallet for your various cryptocurrencies is a solid way to add more security to your digital assets. Here are 5 options to get started.

Nearly 90% of the world's central banks are developing digital currencies, apparently pressured by the rise of Bitcoin and other crypto currencies. Retail sales dipped in May, but spending at bars and restaurants surged as COVID-19 vaccination rates rose.

The Shiba Inu, Chiliz, and Keep Network tokens all rose in value after Coinbase Pro announced it would list them.

The crypto's developers say the wallet platform will allow people to store and trade their SafeMoon tokens.

Intertrust, a publicly traded international trust and corporate management firm based in the Netherlands, surveyed 100 hedge fund managers worldwide and found that some firms plan to allocate as much as 10% or more of their portfolios to cryptocurrencies.