Latest Bitcoin News

The bitcoin bounce: what comes next?

Mar. 17, 2023 14:54 PM EDT

Markets this year are roiling, uncertainty abounds and the U.S. government has had to step in to rescue two large American banks in recent days. So why is bitcoin, considered among the riskiest bets of them all, rising so fast? Just months ago, all forms of cryptocurrency appeared...

Crypto firms acted like banks, then collapsed like dominoes

Jan. 24, 2023 00:02 AM EST

NEW YORK (AP) — Over the past few years, a number of companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets. In a span of less than 12 months, nearly all of the...