Page 4 - Latest Updates on Bitcoin
US lawmakers begin probe into Bitcoin miners' high energy use
US lawmakers have come forward to push Bitcoin mining companies into revealing how much electricity they use for crypto mining
 "US lawmakers begin probe into Bitcoin miners' high energy use")
International Monetary Fund urges El Salvador to scale back Bitcoin push
The International Monetary Fund said El Salvador should dissolve the $150 million trust fund it created when it made the cryptocurrency Bitcoin legal tender
IMF urges El Salvador to ditch Bitcoin as legal tender citing risks
IMF also said the Covid-19 pandemic interrupted ten years of growth, but El Salvador is rebounding quickly
 "IMF urges El Salvador to ditch Bitcoin as legal tender citing risks")
Hedge against inflation? Bitcoin turns 13, throws interest rate tantrums
The cryptocurrency, born in 2009, was still on the fringes of finance during the Fed's previous tightening cycle, from 2016 to 2019, and was barely correlated with the stock market
 "Hedge against inflation? Bitcoin turns 13, throws interest rate tantrums")
Bitcoin bounces off six month lows as buyers step in
The largest cryptocurrency was last up 2.5% at $37,250 after earlier dropping to $32,951, its lowest price since July 23
Bitcoin skids to six-month low as fears of Ukraine conflict shake markets
Wall Street stocks, too, opened down sharply, after last week posting their worst week since 2
Bitcoin tumbles to six-month low as Ukraine conflict fears shake markets
The largest cryptocurrency trading down 7.4% at $33,650, its lowest since July 24, taking losses from its all-time high of $69,000 hit in November past 50%.
Bitcoin, Ether, memecoins steady after tumbling in crypto rout
Bitcoin, the largest cryptocurrency by market value, traded at about $35,350 as of 12:05 p.m. in Singapore.
 "Bitcoin, Ether, memecoins steady after tumbling in crypto rout")
Cryptos pause after weekend battering, other currencies wait for Fed
Attempts to predict when and how quickly central banks will raise interest rates and conclude stimulus programmes launched when COVID-19 hit are a major factor driving currency markets at present.
Crypto carnage: Bitcoin collapse wipes off $1 trn in the blink of an eye
Bitcoin was last hovering around $35K mark, after falling as low as $34,000
Global crypto market suffers $1-trillion loss as Bitcoin crashes
The crypto crash came as the US Federal Reserve raised the possibility of boosting interest rates as soon as March and withdrawing stimulus from the market
Bitcoin falls 9.3% to $36,955, Ether declines by 12.3% to $2,631
Bitcoin is the world's biggest and best-known cryptocurrency
Bitcoin slips below $40,000 amid regulatory threats
Other cryptocurrencies were similarly in the red as investors offloaded risky bets in a volatile week for global markets
 "US dollar holds its ground as selloff drags down Aussie, Bitcoin")
Amid risk aversion in equities, Bitcoin plunges to lowest level since Aug
The largest cryptocurrency dropped as much as 7.4% to $38,261, while second-ranked Ether slid below $3,000.
 "Amid risk aversion in equities, Bitcoin plunges to lowest level since Aug")
Bitcoin options shift has some bulls calling $40,000 the bottom
The world's largest cryptocurrency rebounded this week after falling below $40,000 for the first time since September on Monday
 "Bitcoin options shift has some bulls calling $40,000 the bottom")
Bitcoin's rising correlation with tech weighs on hedge appeal
The world's largest digital token was up 0.6% to $43,080 on Friday as of 3:46 p.m. New York-time.
 "Bitcoin's rising correlation with tech weighs on hedge appeal")
Cryptocurrencies post record outflows in first week of 2022: Report
Cryptocurrency investment products and funds had net outflows last week totaling a record $207 million, a report said
 "Cryptocurrencies post record outflows in first week of 2022: Report")
Crypto bloodbath: Bitcoin ETF goes from boom to bust after record US debut
With a 30% drop, the ProShares Bitcoin Strategy exchange-traded fund, ticker BITO, is now one of many 10 worst performers
Bitcoin drops to 3 month-low after US Fed signals interest rate hike
Bitcoin declined to three-month lows on Friday as minutes of the latest US Federal Reserve meeting raised possibility the central bank could boost interest rates as soon as March, Barrons reported.
