Currencies

Soaring assets and stocks in the past year have in some cases handed midlevel workers huge windfalls.

A California man who admitted to operating an unlicensed virtual currency business and laundering millions in Bitcoin and cash, has been sentenced to two years in federal prison, according to a report.

Bitcoin and other cryptocurrencies, while popular among investors, don't carry the same trading protections in place for U.S. stocks.

Bitcoin was trading nearly 5% lower on Friday morning.

Tampa Bay Buccaneers superstar Tom Brady revealed Thursday that he is a “big believer” in the long-term prospects of cryptocurrencies.

Bitcoin was trading around $38,000 per coin Thursday morning, while rivals Ethereum and Dogecoin were trading around $2,700 and 33 cents per coin, respectively, according to Coindesk,

Paypal's general manager of blockchain, crypto and digital currencies, Jose Fernandez da Ponte, said during Coindesk's Consensus 2021 Conference on Wednesday that the payment company is currently developing a withdrawal function.

Cryptocurrencies were on the rise early Wednesday morning.

New York Yankees manager Aaron Boone revealed in an appearance on ‘Varney & Co.’ Tuesday that, while cryptocurrency hasn't been an acceptable form of payment right off the bat within Major League Baseball, it is certainly being discussed for future possible transactions.

Some Twitter users called the council "an attack on Bitcoin" while others claimed the group would drive the currency's mining and transaction costs higher, amount to a bigger waste of energy and make it less viable for payments

Bitcoin gained more than 4% overnight, and as of 6 a.m. ET is trading at close to $38,000.

Billionaire investor Ray Dalio revealed Monday that he has some skin in the game on bitcoin — and said he’d rather invest in cryptocurrencies than buy bonds.

In May 2010, California student Jeremy Sturdivant, then 19, noticed a bizarre request on a cryptocurrency Internet forum: He could receive 10,000 Bitcoins, at the time reportedly valued at $41, in exchange for the delivery of two large pizzas to Florida resident Laszlo Hanyecz, 28.

Tesla CEO Elon Musk participated in a meeting with Bitcoin miners over the weekend, following concerns he raised publicly about the environmental impact of the cryptocurrency that sent prices tumbling.

Bitcoin’s corporate holders, such as Tesla, Square and Microstrategy, may be in for the long haul despite the sharp downturn hitting cryptos.

INX Limited CEO Douglas Borthwick, while discussing Bitcoin losing half its value, argued that the "little guy" is getting "squeezed out" while the "big guys continue to build large positions," on FOX Business' "Varney & Co."

Europe's largest bank's stance on cryptocurrencies comes as the world's biggest and best-known, Bitcoin, has tumbled nearly 50% from the year's high, after China cracked down on mining the currency and prominent advocate Elon Musk tempered his support.

When Elon Musk speaks, bitcoin investors listen.

According to prices tracked by Coindesk, Bitcoin has fallen about 12% in the last 24 hours as of Sunday afternoon, trading near $33,000 per coin. Meanwhile, Dogecoin is down about 15% trading near 28 cents per coin and Ethereum is down about 14% trading around $1,900 per coin.

Kansas City Chiefs tight end Sean Culkin, who recently announced to the world he’s converting his 2021 salary into Bitcoin, is now leading the NFL as the expert on cryptocurrency.