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Bitcoin slides in worst weekly drop since march amid selloff

Whether or not his biggest fans can internalize this let alone sustain the hits to their wallets remains to be seen. Feb Reality Check.

• Should you invest in Bitcoins? Bill Gates says yes but only if you are Elon Musk - Technology News.
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• Bitcoin slides in worst weekly drop since March amid selloff.

Repeat after me: Elon Musk is a mega-billionaire; we are not the same. Share This Article. Clubhouse: What is it and how do you get invited?

Bitcoin consumes 'more electricity than Argentina'. Related Topics. Bill Gates Bitcoin.

More on this story. It could go anywhere. Bitcoin could become more widely adopted as trust in the financial and political establishment continues to erode.

In turn, payment processing companies such as PayPal and Square have responded to the demand that customers have for bitcoin by announcing they will accept it as payment. And investment banks like Fidelity and Goldman Sachs are adding to their own exposure and also making it easier for clients to jump on the crypto bandwagon.

Only time will tell.

And its popularity could be proof of an irrational frenzy, or a real sign of its ever-increasing international prevalence — and value. Cryptocurrencies and virtual assets used for illicit purposes are a growing problem, US treasury secretary says. New research shows that criminals are using a small group of crypto brokers to launder hundreds of millions of dollars.

Ben Piven. Is bitcoin trying to dethrone the dollar?

Bitcoin slides in worst weekly drop since march amid selloff

Iran crypto miners cry foul over electricity backlash. Cryptocurrency miners in Iran say they are being scapegoated for power outages and pollution. From: Inside Story Should the world embrace cryptocurrencies?