Bitcoin soared to a new all-time high of over $66,000 on Wednesday, a day after the launch of the first bitcoin-focused exchange-traded fund in the US. The cryptocurrency surged as high as $66,100,according to Coindesk. The coin’s previous record priceof $64,889 was set in April, but it plummeted below $30,000 in July. The recent rally has been driven by the trading debut of the ETF on the New York Stock Exchange....

The crypto market plummeted again over the weekend, amid concerns over a crackdown on bitcoin mining in China and a policy tilt at the US Federal Reserve. Bitcoin dived by as much as 9% on Monday, dropping to $32,288 — its lowest price in almost two weeks. Ether, meanwhile, slid by as much as 12%, dipping below $2,000 for the first time in nearly a month. At the time of writing, Coindesk lists their prices as$32,448and$1,959respectively....

Bitcoin isn’t getting greener — 4 environmental myths about cryptocurrency debunked Myth one: Bitcoin mining is becoming more efficient Bitcoin’s carbon emissions are not the network’s only dirty secret. In 2011, competing miners could win the bitcoin bingo with an average laptop. Today, viable operations require investing in warehouses filled with specialized hardware known as Application Specific Integrated Circuits (ASIC). As the majority of mining costs come from energy to run these units, bitcoin miners are always careful to use the cheapest....

Nayib Bukele, president of El Salvador, has got himself a pair of laser eyes – on his Twitter profile at least. Laser eyes are something social media users give themselves to show they love cryptocurrency – and Bukele proved his crypto-enthusiasm last week by having El Salvador become the world’s first nation to make Bitcoin legal tender. El Salvador’s parliament passed Bukele’s proposed legislation on June 9, after he announced his plan just a few days earlier....

If you have invested in the virtual currency Bitcoin, the chances are that you want to be able to send and receive Bitcoin payments on your smartphone device. Whilst there are a number of options available to Bitcoin investors, a dedicated Android app that could facilitate the sending and receiving of Bitcoins and support additional Bitcoin features had not been forthcoming – until today. Bitcoin for Androidis a new application which operates as a fully functional Bitcoin wallet....