Bitcoin's drop of around 10% in the last 24 hours was dwarfed by ethereum and smaller, top ten cryptocurrencies that crashed back by between 15% and

President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers?

Bitcoin prices climbed to an all-new high during the week through Friday, December 20, as multiple developments, including some notable government announcements,

President-elect Donald Trump has been promoting the idea of creating a ‘Strategic National Bitcoin Stockpile,’ but the purpose of such an institution remains unclear.

The Federal Reserve cut rates by 25 basis points as expected, but Fed Chair Jerome Powell's hawkish press conference

Bitcoin dropped after Federal Reserve Chair Jerome Powell said the central bank would cut interest rates at a slower pace in the new year.

US Federal Reserve Chair Jerome Powell has said that the US central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.

This would represent about 5% of the total global supply of bitcoin of around 21 million. The Treasury would fund the purchases with profits on Federal Reserve banks' deposits and gold holdings. The bitcoin reserve would subsequently be maintained for a ...

Bitcoin surged early in the week before retracting below US$100,000, dampened by a hawkish rate cut from the US Federal Reserve that led to significant drops in both the crypto and stock markets. Meanwhile,

Some may have seen Powell's comments as handing the market a lump of coal for Christmas. But the Fed's new projections should not have been surprising.

Bitcoin, riding record highs following Donald Trump's embrace of the digital cryptocurrency, came back down to earth after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold it.