Bitcoin

Economy & Business

CRYPTOCURRENCY

Bitcoin hits lowest level in half a year as crypto downturn continues

The Nomad Today/dpa 1/26/22

Rising interest rates are toxic for particularly risky investments such as digital currencies because they tend to increase the attractiveness of investments perceived as safe

Economy & Business

CRYPTOCURRENCY

IMF urges El Salvador to abandon Bitcoin as a means of payment

The Nomad Today/dpa 1/26/22

About 70% of El Salvador's approximately 6 million residents have no access to traditional financial services. Many depend on remittances from relatives in the United States

Economy & Business

CRYPTOCURRENCY

Bitcoin falls below 40,000 dollars for the first time since September

The Nomad Today/dpa 1/10/22

Other important digital currencies also came under pressure

Spain

CRIME

Thieves take millions in bitcoin in attack on Tuenti founder in Madrid

The Nomad Today/dpa 11/3/21

The criminals are suspected to have come from Eastern Europe

World

CRYPTOCURRENCY

Bitcoin becomes legal tender in El Salvador

The Nomad Today/dpa 9/7/21

The law means every merchant must accept Bitcoin as a payment if they have the technical capacity to do so

Economy & Business

'ENVIRONMENTAL REASONS'

Bitcoin price plummets after Tesla stops accepting it

The Nomad Today/dpa 5/13/21

Bitcoin's annualized carbon footprint is roughly equivalent to that of Singapore and its electrical energy consumption is comparable to the power consumption of the Netherlands.