The Latest Breaking News from Bitcoin

What happened: An anonymous Bitcoin (CRYPTO: BTC) whale just transferred $106,828,911 worth of Bitcoin off Binance, and the investor then sent these funds to Coinbase.

What happened: An anonymous cryptocurrency wallet holding $384,857,910 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Gemini. The bitcoin wallet address tied to this transfer has been identified as: 38UmuUqPCrFmQo4khkomQwZ4VbY2nZMJ67

CNBC

According to the International Monetary Fund, the Central African Republic’s adoption of Bitcoin as legal tender poses several issues for the country and the region, reported Bloomberg. Related: A Second Country Adopts Bitcoin As Legal Tender The decision to adopt the cryptocurrency drew criticism from opposition parties and was made without consulting the…

Ethereum Classic (CRYPTO: ETC) shot up nearly 17.3% to $31.67 over 24 hours leading up to early Thursday morning. ETC rose alongside other major coins as the global cryptocurrency market cap rose 5.1% to $1.8 trillion.

Luxury retail brand Gucci has reportedly embraced payments in the form of cryptocurrencies in some stores operated in North America.

The world's first cryptocurrency Bitcoin (CRYPTO: BTC) is on its way to decreasing its inflation rate once again, with many in the cryptocurrency community believing that it will lead to another parabolic price increase.

Bitcoin traded higher and hovered just under the psychologically important $40,000 mark on Wednesday evening as the global cryptocurrency market cap shot up 5.5% to $1.8 trillion.

We are used to thinking of money as notes and coins, the kind most of us hold in our wallets. But most money – in Australia it’s 96.3% – is digital, held by financial institutions and moved around via bank transfers, debit cards and credit cards.