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8 mins read
Bitcoin miners got kicked out of China. Now they're sucking America dry.
Chinese-owned bitcoin mines are popping up in rural towns across the US. And they require massive a…
Taylor Dorrell
1 min read
China's stock rout has spurred a mad dash into banned bitcoin
China's crypto volumes have outpaced those in Hong Kong as investors shy away from domestic stocks.
Filip De Mott
2 mins read
Former Chinese takeaway worker jailed for money laundering after police seized 61,000 bitcoins — currently worth $4 billion
Authorities were alerted when the British-Chinese woman attempted to buy London properties valued a…
Nathan Rennolds
2 mins read
Residents in rural Texas are suing their noisy neighbor: a humming bitcoin mining facility
Residents want a permanent injunction, alleging the bitcoin mining facility's loud hum and vibratio…
Geoff Weiss
2 mins read
Bitcoin and gold are both on fire right now — but for very different reasons
The leading cryptocurrency and the precious metal are both on winning streaks, but analysts say the…
George Glover
1 min read
Stock market today: Bitcoin flirts with record highs as traders await clues on the Fed's next move
Bitcoin slipped in premarket trading Tuesday, and US stock futures dropped as investors waited for …
George Glover
2 mins read
A Chinese takeaway worker who had 61,000 bitcoin worth $1.8 billion seized by police found guilty of money laundering
Jian Wen was convicted of money laundering in a London court on Wednesday after police seized 61,00…
George Glover
2 mins read
Stock market today: Indexes rally on China stimulus, promising labor-market data
Indexes rallied Thursday amid a surprise fall in jobless claims and promises from China to further …
Kelly Cloonan
3 mins read
Mark Cuban says Silicon Valley's bet on Trump is a 'bitcoin play'
Cuban said that tech executives aren't drawn to Trump because he is a "far stronger proponent of cr…
Kwan Wei Kevin Tan
3 mins read
3 reasons the dollar can't be dethroned as the world's dominant currency, according to Morgan Stanley
The US dollar won't be displaced by any of its rivals anytime soon, Morgan Stanley said.
Jennifer Sor
2 mins read
A lawsuit filed against a bitcoin mine in Texas has shed light on a growing trend: US crypto mines backed by millions of dollars from Chinese investors
A rise in cryptocurrency-mining facilities in Texas and other states has come under scrutiny for th…
Kiera Fields
3 mins read
China is still getting its hands on US chips — and striking back too
The US has tried to slow China's AI rollout with tough export controls, but China is managing to sk…
Hasan Chowdhury
1 min read
Stock market today: S&P 500 notches fresh record on labor-market data and China stimulus pledge
Indexes rose Thursday on a surprise fall in jobless claims and pledges of further stimulus in China…
Kelly Cloonan
2 mins read
Jamie Dimon warns the world order is being challenged and bashes crypto once more
JPMorgan's CEO warned of sticky inflation, rising interest rates, a recession, and global turmoil, …
Theron Mohamed
2 mins read
US officials say they're worried a Chinese-owned bitcoin mine in Wyoming will pose a national security threat, NYT reports
Microsoft relayed concerns to the US government that a Cheyenne, Wyoming, Bitcoin mining operation …
Hannah Getahun
1 min read
Tesla boss Elon Musk holds on to Dogecoin after the company sells 75% of its Bitcoin capital
In the second-quarter (Q2) earnings call with analysts, Tesla Ceo Elon Musk said that the reason th…
3 mins read
Elon Musk dumped 75% of Tesla's bitcoin last quarter, and wants out of his deal to buy Twitter. Plunging asset prices and recession fears may explain why
Musk may be having second thoughts as Tesla, Twitter, and bitcoin have plunged in value this year, …
Theron Mohamed
2 mins read
The era of US dollar dominance is 'finished,' says Wall Street veteran who just retired after 54 years
Dick Bove, who retired this month after more than half a century as an analyst, said the dollar's p…
Theron Mohamed
1 min read
Bitcoin, gold, and silver should jump as the Fed pivots, but China's yuan faces structural problems, Mike Novogratz says
"Gold, silver, bitcoin really all should do well if the Fed is finished hiking rates and starting t…
Filip De Mott
2 mins read
Environmental impact of Bitcoin mining has gotten worse since China’s ban, according to a new study
Bitcoin industry groups have often claimed that green mining is gaining prominence. However, a new …