Grayscale Bitcoin Trust (GBTC), the world's biggest closed-end bitcoin fund, saw its trading price fall twice as much as the drop in the price of bitcoin. Market data from YCharts shows that shares of GBTC are now trading nearly 10% lower than the value of its underlying bitcoin.

Turkey residents flee to Bitcoin as a change in the leadership of the local central bank spurs fears of inflation. Al Jazeera reported on March 20 that Turkey's President Recep Tayyip Erdogan issued a decree firing the central bank governor Naci Agbal. Agbal had held this position for

After hinting at it in February, Tesla has now added Bitcoin as a payment option to its online store. When the firm revealed early last month that it had purchased $1.5 billion worth of bitcoin to provide "more flexibility to further diversify and maximize returns on our cash,

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most