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Bitcoin devotees are rejoicing after the latest crypto thaw

Mar 1, 2024
The cryptocurrency's price is up about 40 percent this year, inching closer to its pandemic-era high of nearly $69,000 per coin, and vindicating those who held on through recent lows.
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Federal regulators warn banks on crypto: Be careful

Feb 24, 2023
Three agencies aim to keep traditional banks from getting too involved in cryptocurrency, which has lost value and seen corporate meltdowns.
Although the Federal Reserve and other agencies are not imposing new regulations on  cryptocurrency, their joint statement highlights liquidity risks.
Stefani Reynolds/AFP via Getty Images

Amid downfall of crypto exchange FTX, an absence of regulation and rescuers

Nov 14, 2022
FTX operated outside the confines of traditional regulations, and its customers are unlikely to recover their funds, says Semafor's Liz Hoffmann.
"Customers of FTX and a lot of these crypto companies that have gone bankrupt are realizing that they are the creditors," says Liz Hoffman of Semafor.
Leon Neal/Getty Images

Crypto asset meltdown prompts calls for regulation

May 13, 2022
The Securities and Exchange Commission isn't the only agency that could do it.
After a tumultuous week for cryptocurrency, the risk to investors is stirring concern.
Joe Raedle/Getty Images
While a 401(k) that includes cryptocurrency may pique the interest of younger investors, the volatility of bitcoin worries some financial advisors.
Marco Bello/Getty Images

Bitcoin fund hits the New York Stock Exchange

Oct 19, 2021
The debut of the cryptocurrency ETF is a first. But like bitcoin itself, the value of the asset could be volatile.
A banner ballyhooes the newly listed bitcoin ETF outside the New York Stock Exchange on Tuesday.
Spencer Platt via Getty Images

Are traders messing with the price of bitcoin? And why should you care?

The U.S. is reportedly investigating price manipulation in digital currencies.
JACK GUEZ/AFP/Getty Images

For public good, not for profit.

Even for cryptocurrency traders, the taxman cometh

Feb 15, 2018
As more people invest in cryptocurrency, will they report gains or losses to the IRS? One tax preparer says only a fraction of tax filers have reported cryptocurrency investments so far. How much money could the IRS be missing out on? And what should cryptocurrency traders be aware of when it comes to possible tax […]