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

Tesla has sold $272 million worth of bitcoin, amounting to 10% of its previous $1.5 billion bitcoin purchase announced in February. This leaves the car manufacturer with $1.331 billion worth of bitcoin on its balance sheet, according to the firm's Q1 shareholder update. The sale had

By banning its customers from buying and holding MicroStrategy and Coinbase stock due to their indirect connection to "virtual currency products," HSBC made clear last week that it has no interest in participating in the accelerated demand for Bitcoin — and by extension, neither can the customers of Europe&

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

Industry insiders are calling it "Bloody Sunday". Over the weekend, the price of bitcoin lost 12% of its value, dropping from $61,300 to a low of just over $53,800 within 24 hours, and many are speculating about the causes behind such a selloff. Among the theories

China's unclear stance on Bitcoin has dictated the last few years for local Bitcoin firms and holders, but now the country's central bank seems to be shifting its tone. At a CNBC-hosted panel at the Boao Forum for Asia in Beijing on Sunday, Li Bo, deputy

On Friday, the Turkish central bank introduced a ban on performing payments with cryptocurrencies, citing several concerns such as their possible use for illegal activities. The ban will go into effect on April 30th. The Turkish lira has hit record lows in purchasing power over the past months, putting pressure

It happened. After weeks filled with headlines and anticipation ahead of Coinbase’s direct listing on NASDAQ, the stock is now live — although the launch didn’t prove quite as successful as many had expected. About two weeks after the initial announcement, Coinbase gave its long-awaited stock market debut on