Bitcoin

Players can partake in games on a virtual platform using the cryptocurrency

The very first Bitcoins were created in 2009, mined by the pseudonymous Satoshi Nakamoto on his personal computer.

The arrival of the ETF comes six months after cryptomoney exchange platform Coinbase premiered on the Nasdaq.

The US Federal Reserve is expected to begin paring its stimulus before the end of the year.

Bitcoin is criticized by regulators for its potential for illegal use -- notably in laundering money from criminal activities and financing terrorism.

Bitcoin won another shot in the arm on Monday from last week's news that Coinbase was ploughing cash into the unit.

As of the end of April, cryptocurrency thefts, hacks and fraud so far this year totaled $432 million

The tighter tax compliance on the sector could bring in $28 billion over 10 years, according to recent estimates.

Cryptocurrency values climbed on speculation that it might be accepted for Amazon purchases.

Bitcoin briefly climbed above $40,000 after Tesla expressed fresh support for the world's most popular cryptocurrency

Musk said he loses money when the value of bitcoin or other cryptocurrencies declines but that he has not been selling despite the volatility.

Authorities in the province of Sichuan ordered the closure of 26 mines last week, according to a notice widely circulated on Chinese social media and confirmed by a former bitcoin miner.

Investors were rattled last week when the Fed moved up its forecasts for raising interest rates, while still arguing that consumer price increases were transient.

Bukele has promoted the move as a way to revitalize the nation's economy, and extend access to banking to more of El Salvador's people.

This week's calendar is dominated by the Federal Reserve's two-day policy meeting, which is expected to show central bankers raising their inflation forecasts.

Musk's tweet sent bitcoin into wild swings. As of 11:38 a.m. ET, bitcoin was trading at about $38,300.00

Bitcoin jumped close to $36,500, having tanked on Sunday towards $30,000.

Mining cryptocurrency is a hugely energy-intensive process requiring large amounts of electricity in giant data centers.

Bloomberg predicts that it will take until 2060 before China can meet its cryptocurrency industry's needs through renewable energy.

In March, Tesla began officially accepting bitcoin as currency to purchase electric autos, further boosting the digital money.

As a result of this craze, Coinbase's revenue has increased almost tenfold in the course of a year to $1.8 billion in the first quarter, according to company estimates.

Before its spectacular rise in recent months, bitcoin had experienced setbacks, particularly in 2018 when the currency kept falling.

The company did not say whether the new titles, which are effective immediately, would bring with them any additional duties.

Bitcoin topped $50,000 for the first time amid increased support from corporate heavyweights.

Bitcoin struck a fresh high of $48,663.05 as the cryptocurrency gained further mainstream support.

Bitcoin briefly pushed to a record-high of $48,215.83 after winning a huge boost Monday from news that Elon Musk's electric carmaker Tesla had invested $1.5 billion in the cryptocurrency.

All three major US stock indices streaked to fresh records, extending last week's rally on optimism that additional US fiscal stimulus is coming soon, along with an expected economic recovery.

The German prosecutor surmised that the fraudster does not know his password, rendering 1,700 bitcoins in his wallet inaccessible.

According to analysts at JP Morgan, bitcoin may be highly volatile but could go as high as $146,000 per unit.

The bad news included data showing spiking Covid-19 cases led in December to the first job losses since April.