Cryptocurrencies News

British fintech Revolut has paid for its largest office space in the United States with Bitcoin as it believes cryptocurrencies are the future.

NEW YORK (Reuters) – El Salvador bond spreads to U.S. Treasuries hit a record high on Thursday on growing investor fears the Central American nation will not reach a potential $1 billion loan agreement with the International Monetary Fund and faces negative credit implications linked to its use of bitcoin.

Following a mixed Wednesday, a Bitcoin return to $49,000 levels would support the broader crypto market.

The Solana network is finally back online after being in the dark for nearly 24 hours, affecting the transactions of thousands of users on the blockchain.

Litecoin’s price rose by 30% and reversed the gains yesterday after fake news of a partnership between the Litecoin Foundation and retail giant Walmart.

FRANKFURT (Reuters) – A digital euro, currently under design by the European Central Bank, should have a limited role initially as it could disrupt the bank sector and overly extend the role of central banking, Bundesbank President Jens Weidmann said on Tuesday.

NEW YORK (Reuters) – Interactive Brokers Group on Monday said it launched low-fee cryptocurrency trading on its platform, making it the latest online retail brokerage to add digital assets to its offerings.

Following Bitcoin’s return to $46,000 levels, a move back through to $47,500 would support the broader market on the day.

Following a bullish Saturday for the majors, a Bitcoin move back through to $46,000 levels would be needed to provide further support to the broader market.

Following a bearish Friday, it’s been a mixed start to the day. A Bitcoin move back through to $47,000 levels would support a broad-based crypto rally, however.

SAN SALVADOR (Reuters) – For a fourth day in a row technical glitches have beset the Salvadoran government’s bitcoin digital wallet Chivo, a setback that could discourage residents from signing up to the app promoted by President Nayib Bukele.

It was a mixed day for Bitcoin and the broader market. A Bitcoin move back through to $48,000 levels would deliver support, however.

The United States SEC had threatened to sue Coinbase for its Crypto Yield Program, tagging it as a security, but the crypto exchange said the regulator didn’t give guidelines to help it navigate its offerings.

Following Tuesday’s sell-off, Bitcoin would need to return to $50,000 levels to restore confidence. A return to sub-$45,000 would test investor resilience…

NEW YORK (Reuters) -The price of cryptocurrencies plunged and crypto trading was delayed on Tuesday, a day in which El Salvador ran into snags as the first country to adopt bitcoin as legal tender.

SAN SALVADOR (Reuters) – El Salvador rushed to iron out snags on Tuesday after becoming the first country to adopt bitcoin as legal tender, unplugging the digital wallet to cope with demand and pushing for popular app stores to carry the government-backed app.

MUMBAI (Reuters) – U.S.-headquartered digital currency exchange CrossTower has set up a local unit in India and launched a trading platform to capture the growing domestic crypto market even though the fate of cryptocurrency in India is still unclear.

After a bullish week for Bitcoin and the broader crypto market, the Bitcoin bulls will be eyeing $55,000 levels… Avoiding a return to sub-$51,000 will be key, however.

(Reuters) – Bitcoin rose 0.49% to $50,188.4 on Sunday, adding $245.24 to its previous close.

After a mixed day for Bitcoin and the crypto majors on Saturday. A Bitcoin move back through to $51,000 levels would be needed to deliver market support.