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5 mins read

Bitcoin's back on top, but it's not a boon for everyone in the space

In today's big story, we're looking at bitcoin's latest rally and what's driving it so high this ti…

Dan DeFrancesco   


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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 …

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2 mins read

Here's why experts say the crypto market will be just fine despite a possible Russian ban on everything from mining to trading

"There are bigger concerns right now in crypto," Chris Vecchio of DailyFX, said, citing a hawkish F…

Isabelle Lee   


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2 mins read

Cryptocurrencies tumble as China continues its crackdown against mining

The Chinese government is ramping up its crackdown on cryptocurrency. Authorities have called cry…

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1 min read

The US unseats China as world's biggest bitcoin miner, accounting for a third of the global hash rate after Beijing's crackdown

The increase in the share of the US came after China in September banned all cryptocurrency transac…

Isabelle Lee   


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Ray Dalio warns 'money as we know it is in jeopardy' and favors an inflation-linked cryptocurrency over bitcoin

The Bridgewater Associates founder also told CNBC that he sees China's yuan and digital renminbi ma…

Brian Evans   


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1 min read

China catches hundreds of banned crypto miners stealing electricity amid energy crisis

Banned crypto miners reportedly siphoned electricity from public agencies and universities during a…

Carla Mozée   


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1 min read

Binance processed nearly $350 million in bitcoin for Russian 'money laundering engine' Bitzlato, report says

Binance reportedly processed $346 million bitcoin for Bitzlato, the shuttered crypto exchange US au…

Jennifer Sor   


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1 min read

Marathon Digital and other crypto-linked stocks drop after China declares cryptocurrency transactions illegal

China says bitcoin and ether cannot be used as currency in the world's second-largest economy, send…

Carla Mozée   


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2 mins read

US stocks climb as investors look to continue momentum after best trading week of the year

Markets are looking for a new catalyst to drive fresh gains after a big week. Morgan Stanley and JP…

Phil Rosen   


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3 mins read

China has banned all crypto transactions in the country. Here is what it means and why experts say bitcoin will bounce back.

"A banning of crypto possession probably would have sent everything crypto 20% lower," an analyst s…

Carla Mozée   


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2 mins read

Cryptocurrency mining is causing power shutdowns in Kazakhstan, and China may be to blame

The electricity demand in the country has increased by eight percent so far this year as compare…

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2 mins read

A New York power plant that mines bitcoin faces big test in governor's office

Greenidge Generation in the third quarter of 2020 said it mined 729 bitcoins and had approximately …

Isabelle Lee   


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3 mins read

Russian lawmaker proposes accepting bitcoin for its oil and gas exports from 'friendly' countries like China and Turkey

Russia's head of the energy committee said the national currency of friendly buyer countries &mdash…

Shalini Nagarajan   


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2 mins read

Chinese crypto addresses have sent over $2 billion to scammers in the last 2 years, report says

Transactions, however, have since fallen due to the absence of large-scale Ponzi schemes like the P…

Isabelle Lee   


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2 mins read

Binance named as the top handler of bitcoin from crypto exchange charged in $700 million drug-dealer darkweb bust

Binance was the top receiver of bitcoin from Bitzlato, a crypto exchange shut down by the DOJ and a…

George Glover   


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2 mins read

China's crypto crackdown is shaking markets, but it's been trying to rein in the sector for years. Here's a timeline of Beijing's regulatory sweep.

China's hostility towards crypto stretches back to 2013, when the country banned banks from handlin…

Matthew Fox   


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2 mins read

Tesla's bitcoin holdings fell nearly $1.8 billion in value last year, as Elon Musk called crypto a 'sideshow'

A bloodbath for crypto in 2022 saw Tesla's $1.5 billion bet on bitcoin backfire, as Elon Musk's car…

Ryan Hogg   


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US stocks fall as traders assess rate outlook after key bond yield hits 5%

Cleveland Fed President Loretta Mester on Friday said the central bank is nearing the end of its po…

Phil Rosen   


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2 mins read

China isn't the only nation nixing crypto. 50 other countries have placed bans on digital currencies to date.

Algeria, Bangladesh, China, Egypt, Iraq, Morocco, Nepal, Qatar, and Tunisia have outlawed crypto, a…

Natasha Dailey