Bank of England Governor Andrew Bailey said on Monday that Bitcoin has little intrinsic value, and that he sees no use for the cryptocurrency as a means of payment or a fiat alternative. “I have to be honest, it is hard to see that Bitcoin has what we tend to

Spanish crypto investors may soon be required by law to disclose their holdings along with any profit gained following newly passed regulation. According to Maria Jesus Montero, the Spanish minister of finance who unveiled the news on Tuesday, crypto disclosure comes as part of a larger legislative package trained at

For Bitcoin enthusiasts who don't get seasick, a new unconventional living concept is hitting the high seas: a cruise ship whose inhabitants can pay for their homes, services, and goods in bitcoin. According to the boating publication Maritime Executive, Ocean Builders, a company previously focused on building seasteading

Within an open letter to global tech companies, the governments of seven countries demanded a paradoxical request: to put a stop to end-to-end encryption while upholding user privacy. The pleas, emerging from the UK, the U.S., New Zealand, Canada, India, Japan, and Australia, came in an apparent effort to

While it's unclear if Tesla is looking to get involved in Bitcoin at a corporate level, Tesla employees can apparently dollar-cost average into the leading cryptocurrency at Bitcoin automated teller machines (ATM) inside its first Gigafactory.  Will Reeves, CEO of payments app Fold, noted on October 10th that

The number of bitcoin on cryptocurrency exchanges has been rapidly declining, indicating a significant drop in selling pressure. Bitcoin reserves of exchanges often indicate whether there is selling pressure as bitcoin holders typically deposit to exchanges to sell their holdings. When Bitcoin exchange reserves substantially drop over an extended period

Samuel Reed, the former Chief Technology Officer and co-founder of Bitcoin derivatives exchange BitMEX, was released after a $5 million appearance bond had been approved by U.S. courts last week, according to court documents. Reed was required to pay a $500,000 security on the unsecured bond, the document

According to data from the on-chain market analysis firm Glassnode, whales appear to be actively accumulating Bitcoin. Bitcoin addresses holding over 1,000 bitcoin. Source: Glassnode Since the March 13th crash, when the Bitcoin price briefly dropped below $3,600, the number of Bitcoin addresses holding over 1,000 bitcoin