NewsBite

Cryptocurrency

A cryptocurrency is a digital currency used to buy goods and services. Find out how it works, market worth, as well as news & updates on the world’s most popular crypto including Bitcoin, Ethereum and Dogecoin and the richest and most influential investors.

(FILES) In this file photo Tesla CEO Elon Musk talks to media as he arrives to visit the construction site of the future US electric car giant Tesla, on September 3, 2020 in Gruenheide near Berlin. - Whether the topic is transforming the automobile or conquering the next frontier of space, Elon Musk has shown a knack for captivating an audience beyond investors and science geeks. The brash Tesla CEO, now the world's wealthiest person following the electric automaker's meteoric rise, was the quintessential Silicon Valley disruptor -- except he no longer lives in California.On January 7, 2021, Musk surpassed Amazon Chief Executive Jeff Bezos as the world's wealthiest person. (Photo by Odd ANDERSEN / AFP)

Elon Musk pumps dogecoin with ‘CEO’ tweet

Enigmatic Tesla CEO Elon Musk’s remarks have a big impact on crypto markets — and the market closely watches his statements.

0

Real reason China banned bitcoin

China’s cracking down on cryptocurrency. But it’s not because it doesn’t like the idea of an all-digital economy.

Vitalik Buterin co-founder of Ethereum. Source: Supplied

Crypto founder’s grim ‘bubble’ warning

The world is going crazy over crypto, but the man behind one of the biggest currencies has issued a stark warning about the future.

(FILES) In this file photo taken on January 26, 2020 The photo shows a physical imitation of a Bitcoin in Dortmund, western Germany, on January 27, 2020. - The value of leading cryptocurrency bitcoin fell on January 11, 2021 by 20%, wiping out some of the huge gains racked up in recent weeks, as financial markets became more cautious. The virtual currency fell to $21,061.83 according to the Bloomberg financial news service, a level last seen in March 2020 as the coronavirus pandemic sparked panic around the world. (Photo by INA FASSBENDER / AFP)

Bitcoin bounces back above $40k

An expert has claimed that there is hostility from countries and institutions when it comes to crypto, because it is giving people power they never had.

(FILES) In this file photo Elon Musk, founder of SpaceX, speaks during the Satellite 2020 at the Washington Convention Center on March 9, 2020, in Washington, DC. - Tesla began officially accepting bitcoin as currency to purchase electric autos, Chief Executive Elon Musk said on March 24, 2021 a with bitcoin," Musk said on Twitter, implementing a plan announced in February to accept the cryptocurrency as a form of payment. (Photo by Brendan Smialowski / AFP)

Weird Musk tweet sends markets wild

For cryptocurrency investors, the past week has been a wild ride. Now a bizarre Elon Musk tweet has added yet another twist.

0

(FILES) File photo taken on September 24, 2020 showing a physical imitation of a Bitcoin at a crypto currency "Bitcoin Change" shop, near the Grand Bazaar, in Istanbul. - The market of crypto currency in Argentina, even if small, grows by leaps and bounds launched by economic difficulties, the shortage of dollars and the high inflation, which average surpassed 45% since February, 2021. (Photo by Ozan KOSE / AFP)

Aussie workers getting paid in bitcoin

A young rich lister has predicted that more people will be paid in cryptocurrency sooner then you think, as tech companies lead the way.

(FILES) This file photo taken on June 17, 2014 in Washington, DC, shows bitcoin medals which use peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. - Cryptocurrency fans have counted Tesla boss Elon Musk as among their champions, but this week he rocked their world by questioning the future of the digital assets and singling out carbon emissions from bitcoin mining for particular criticism. "Energy usage trend over past few months is insane," Musk tweeted on May 13, 2021, sharing a chart from the Cambridge Bitcoin Electricity Consumption Index (CBECI), his latest missive in a salvo that's caused bitcoin's price to drop. (Photo by KAREN BLEIER / AFP)

Bitcoin plunges after China’s tough move

Bitcoin and other major cryptocurrencies have taken a major hit this morning, after China made a brutal call on the digital tokens.

0

(FILES) File photo taken on September 24, 2020 showing a physical imitation of a Bitcoin at a crypto currency "Bitcoin Change" shop, near the Grand Bazaar, in Istanbul. - The market of crypto currency in Argentina, even if small, grows by leaps and bounds launched by economic difficulties, the shortage of dollars and the high inflation, which average surpassed 45% since February, 2021. (Photo by Ozan KOSE / AFP)

The new ‘green’ crypto making waves

When billionaire Elon Musk pulled the plug on bitcoin due to climate change concerns, a new player stepped up claiming it’s better for the environment.

Vitalik Buterin, co-founder of Ethereum Foundation and Bitcoin Magazine, speaks during the TechCrunch Disrupt 2017 in San Francisco, California, U.S., on Monday, Sept. 18, 2017. TechCrunch Disrupt, the world's leading authority in debuting revolutionary startups, gathers the brightest entrepreneurs, investors, hackers, and tech fans for on-stage interviews. Photographer: David Paul Morris/Bloomberg

Crypto billionaire destroys $7 trillion

The world’s youngest known crypto billionaire, Ethereum co-founder Vitalik Buterin, has destroyed $7 trillion worth of the Shiba Inu coin.

0

Kelly Slater and Elon Musk.

Kelly Slater savages bitcoin villain Musk

American surfing icon Kelly Slater has blasted Elon Musk after the billionaire Tesla owner rocked the cryptocurrency market last week.

0

(FILES) In this file photo Elon Musk, founder of SpaceX, speaks during the Satellite 2020 at the Washington Convention Center on March 9, 2020, in Washington, DC. - Tesla began officially accepting bitcoin as currency to purchase electric autos, Chief Executive Elon Musk said on March 24, 2021 a with bitcoin," Musk said on Twitter, implementing a plan announced in February to accept the cryptocurrency as a form of payment. (Photo by Brendan Smialowski / AFP)

Elon Musk goes to war with bitcoin

Elon Musk has hit back at critics as he continues to ramp up his rhetoric against bitcoin and defends his move to suspend Tesla payments.

0

Digital currency physical metal dogecoin coin. Yellow phone communication concept. Picture: istock

$1b of shiba inu coin donated to India

One billion dollars worth of shiba inu coin, a dogecoin spin-off, has been donated to India’s COVID-19 relief fund, as the country’s situation worsens.

(FILES) File photo taken on September 24, 2020 showing a physical imitation of a Bitcoin at a crypto currency "Bitcoin Change" shop, near the Grand Bazaar, in Istanbul. - The market of crypto currency in Argentina, even if small, grows by leaps and bounds launched by economic difficulties, the shortage of dollars and the high inflation, which average surpassed 45% since February, 2021. (Photo by Ozan KOSE / AFP)

Crypto market falls $473b after tweet

Elon Musk shocked the cryptocurrency world market on Thursday – announcing that Tesla will no longer accept bitcoin as payment.

0

(FILES) In this file photo Elon Musk, founder of SpaceX, speaks during the Satellite 2020 at the Washington Convention Center on March 9, 2020, in Washington, DC. - Tesla began officially accepting bitcoin as currency to purchase electric autos, Chief Executive Elon Musk said on March 24, 2021 a with bitcoin," Musk said on Twitter, implementing a plan announced in February to accept the cryptocurrency as a form of payment. (Photo by Brendan Smialowski / AFP)

Bitcoin plunges after Elon Musk tweet

Tesla has abruptly suspended vehicle purchases using bitcoin over fossil fuel and climate change concerns, Elon Musk has announced.

0

Digital currency physical metal dogecoin coin. Yellow phone communication concept. Picture: istock

Rival to Musk’s ‘joke’ crypto skyrockets

A new cryptocurrency, said to be a rival to dogecoin, has hit the market and risen in value by a massive 130 per cent in 24 hours.

Elon Musk appeared in a skit as a financial advisor talking about Dogecoin. Picture: Twitter Saturday Night Live

Key question Musk couldn’t answer on SNL

When billionaire Elon Musk appeared on popular US sketch show SNL, he was happy to spruik cryptocurrency. But couldn’t nail one answer.

Carole Baskin announces Big Cat Coin cryptocurrency.

Now cryptocurrency is just getting weird

After the incredible hype generated by Elon Musk about Dogecoin, Tiger King star Carole Baskin has launched her own cryptocurrency.

0

LONDON, ENGLAND - DECEMBER 07: A visual representation of the digital Cryptocurrency, Bitcoin on December 07, 2017 in London, England. Cryptocurrencies including Bitcoin, Ethereum, and Lightcoin have seen unprecedented growth in 2017, despite remaining extremely volatile. While digital currencies across the board have divided opinion between financial institutions, and now have a market cap of around 175 Billion USD, the crypto sector coninues to grow, as it continues to see wider mainstreem adoption. The price of one Bitcoin passed 15,000 USD across many exchanges today taking it higher than previous all time highs. (Photo by Dan Kitwood/Getty Images)

‘Lose all your money’: Crypto warning

A high-profile bank boss has gone for the jugular against the latest cryptocurrency boom, warning investors to prepare for the worst.

Scott Pape, known as the Barefoot Investor, warns against investing in Dogecoin.

Barefoot Investor’s extreme crypto caution

The best-selling Aussie financial guru is deadset against investing in the cryptocurrency that’s soaring on the back of Elon Musk’s profile.

Montreal, Canada - 28 February 2018: Stacked cryptocurrency coins (Bitcoin, Ethereum, Litecoins) istock image

Joke crypto’s massive rise due to Elon Musk

It is now valued higher than Twitter and Ford and soared in the past week, despite the fact the digital currency was started as a parody in 2013.

(FILES) In this file photo taken on January 26, 2020 a physical imitation of a Bitcoin is pictured in Dortmund, western Germany. - The arrival of cryptocurrency exchange Coinbase on Nasdaq is one of the most anticipated events of the year on Wall Street, where enthusiasm for bitcoin is in full swing, despite questions about the sustainability of the market. The first company devoted entirely to cryptocurrency to enter the US stock exchange, Coinbase -- which will be listed under the symbol COIN -- is already a heavyweight. (Photo by INA FASSBENDER / AFP)

Mystery new crypto in drastic plunge

New digital currency SafeMoon has lost an astounding amount of value in just an hour as it is impacted by wild swings in volatility.

1
…
4
5
6

Original URL: https://www.news.com.au/topics/cryptocurrency/page/6