Tag: Bitcoin
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Crypto prices rally after Trump names Bitcoin and others for US strategic reserve | Money News
Read Latest News Cryptocurrency prices have jumped after Donald Trump revealed he would like Bitcoin and other lesser-traded tokens to be in a new US strategic crypto reserve. He said his January executive order on digital assets would create a stockpile of currencies including Bitcoin, Ethereum, XRP, Solana and Cardano (ADA). The names had not…
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Man who lost £600m Bitcoin fortune considers buying landfill site to search for it | UK News
Read Latest News A man who believes he accidentally lost a Bitcoin fortune in a council rubbish tip is exploring the possibility of buying the landfill site before it is shut. James Howells, from Newport in South Wales, claimed his ex-girlfriend mistakenly threw out a hard drive containing thousands of Bitcoins in 2013. According to…
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Melania Trump launches her own cryptocurrency amid all-time high for Bitcoin | Science, Climate & Tech News
Read Latest News Melania and Donald Trump have just launched their own cryptocurrencies, as Bitcoin hit a record high. The incoming first lady announced the “Official Melania Meme” on Sunday in a post on X. X This content is provided by X, which may be using cookies and other technologies. To show you this content,…
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Bitcoin miner’s claim to recover £600m in Newport tip thrown out
Read Latest News During the hearing in December the court heard how Mr Howells had been an early adopter of Bitcoin and had successfully mined the cryptocurrency. As the value of his missing digital wallet soared, Mr Howells organised a team of experts to attempt to locate, recover and access the hard drive. He had…
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IT expert convicted for repeatedly lying about inventing Bitcoin
Read Latest News Getty Images Craig Wright attending the London High Court in February 2024 A computer scientist has been found to have committed contempt of court for falsely and persistently claiming to be the mysterious inventor of Bitcoin, Satoshi Nakamoto. In March, the High Court ruled Craig Wright was not Satoshi, and ordered him…
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El Salvador gets IMF $1.4bn deal after scaling back bitcoin bet
Read Latest News El Salvador has struck a $1.4bn (£1.1bn) loan deal with the International Monetary Fund (IMF) after agreeing to scale back its controversial bitcoin policies. The IMF said risks related to the adoption of the world’s largest cryptocurrency had eased now that businesses will be allowed to decide whether or not to accept…
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Bitcoin jumps to new record high of more than $106,000
Read Latest News Bitcoin has surged to a new record high, extending a rally that has seen the cryptocurrency’s price rise by more than 50% since Donald Trump’s victory in the 5 November election. The world’s largest cryptocurrency briefly passed $106,000 (£83,890) and was trading at more than $105,000 in Asia trade on Monday morning.…
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Bitcoin hits $100,000 as investors bet on Trump crypto rally
Read Latest News Getty Images Bitcoin’s price has blasted through a much-anticipated threshold, reaching more than $100,000 for the first time in the early hours of Thursday morning. The world’s largest cryptocurrency rose to around $103,400 shortly after 04:00 GMT on Thursday, before falling slightly. Its value has been making gains throughout 2024 – surpassing…
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Bitcoin hits $100,000 as Trump picks cryptocurrency fan to head financial watchdog | Money News
Read Latest News The world’s biggest cryptocurrency, Bitcoin, has been valued at more than $100,000 for the first time, spurred on by Donald Trump’s latest nomination for his presidential team. The cryptocurrency was valued at $103,280 (£81,160) as of 4.10am UK time, leaping in value by 7.9% in the previous 24 hours, according to currency…
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Bitcoin man sues Newport council over ‘£600m fortune lost in tip’
Read Latest News BBC James Howells addressed the press outside court on Tuesday A man trying to recover a Bitcoin hard drive in a landfill site which he says is now worth about £600m is “seeking to bribe the council”, it has been claimed in court. Newport council has asked a High Court judge to…
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UK pension scheme called ‘deeply irresponsible’ for investing in Bitcoin | Money News
Read Latest News A UK pension scheme has been branded “deeply irresponsible” after investing in Bitcoin. The unnamed defined-benefit scheme became the first in the UK to make the plunge, using 3% of its assets to buy into the cryptocurrency last month. Pension specialist Cartwright acted as an adviser to the scheme and said the…
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Bitcoin hacker sentenced to five years in prison
Read Latest News A hacker has been sentenced to five years in a US prison for laundering the proceeds of one of the biggest ever cryptocurrency thefts. Ilya Lichtenstein pleaded guilty last year to hacking into the Bitfinex cryptocurrency exchange in 2016 and stealing almost 20,000 bitcoin. He laundered the stolen cryptocurrency with the help…
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Bitcoin tops record $80,000 as Trump nears sweep of US Congress
Read Latest News The price of bitcoin has risen above $80,000 (£62,000) for the first time ever, after Donald Trump’s decisive victory in the US election last week. It comes as the Republicans are edging closer to overall control of Congress after having already secured the presidency and a majority in the Senate. On the…
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Bitcoin creator hunt hits another dead-end
Read Latest News BBC Stephen Mollah is the latest person to claim to be the mysterious inventor of Bitcoin Bitcoin underpins a two trillion-dollar cryptocurrency industry, is now traded by the world’s biggest investment houses and is even an official currency in one country. But despite its meteoric rise, a deep mystery remains at its…