Now playing Next Money Bitcoin rebounds after Elon Musk confirms Tesla may accept it again Accused again of market manipulation, Bitcoin bounced nearly 10 per cent in value after Elon Musk tweeted Tesla could once again accept it as payment. 14/06/2021
Now playing Next Money China's Bitcoin crackdown targets miners for 'misusing electricity' Authorities in Yunnan - China's fourth-biggest Bitcoin hub - are targeting cryptocurrency miners and traders for 'misappropriating' electricity. 12/06/2021
Now playing Next Money Why is Bitcoin booming in Latin America? El Salvador’s decision to make Bitcoin an official currency is a watershed for crypto - and it’s setting off a chain reaction in Latin America. 12/06/2021
Now playing Next Money Cryptocurrency accounts blocked on Chinese social network Weibo Several influential Bitcoin accounts on Weibo have been blocked in recent days as Beijing escalates its crackdown on cryptocurrency trading. 09/06/2021
Now playing Next Money What are cryptocurrencies and how do you use them? We're seeing a lot of growth in the use of cryptocurrencies. What are they and how do they work? 08/06/2021
Now playing Next Biztech news US recovers most of Colonial Pipeline Bitcoin ransom The operation to seize cryptocurrency paid to a Russia-based hacker group is the first of its kind to be undertaken by a specialised ransomware task force. 08/06/2021
Now playing Next Money The jury is still out on 'Britcoin,' says Bank of England chief The Bank of England says 'stablecoin' payments need the same regulation as banks as it publishes a new discussion paper on digital currencies. 07/06/2021
Now playing Next Money El Salvador has made Bitcoin legal tender. What does it mean? El Salvador president Nayib Bukele said history had been made with Bitcoin now due to become legal tender within 90 days. 06/06/2021
Now playing Next Partner content How Dubai is embracing Cryptocurrencies People around the world have heard of cryptocurrencies, but they are still poorly understood. Dubai plans to remedy that at the AIBC summit. 04/06/2021
Now playing Next Money Elon Musk wants Bitcoin to turn green. Could it work? Bitcoin's annual carbon footprint is the same as a small European country such as Norway or Ukraine. But can Elon Musk turn it around? 27/05/2021
Now playing Next Money Bitcoin's recovery is in question as miners search for the exits Bitcoin has slumped to pre-February levels after investors became spooked by China's crypto crackdown. How much damage is it likely to suffer? 24/05/2021
Now playing Next Biztech news Explained: What is Bitcoin and how does it work? Bitcoin is constantly making headlines but unless you're a crypto investor, you're unlikely to know what the fuss is about. So, what is it? 21/05/2021
Now playing Next Money Crypto traders are facing a tax crackdown by the US Treasury A new report could have major implications for US crypto users as authorities seek to modernise outdated tax infrastructure. 21/05/2021
Now playing Next Money Cryptocurrency crash: What just happened and what lies ahead? Bitcoin, Ethereum and Dogecoin all plunged in value following a crackdown in China. But what does that mean for investors? 20/05/2021
Now playing Next Money Tesla will stop accepting Bitcoin over environmental concerns "We are concerned about rapid increasing use of fossil fuels for Bitcoin mining and transactions," Tesla CEO Elon Musk said. 13/05/2021
Now playing Next Money Just how eco-friendly is Chia, the new 'green' cryptocurrency? Using less energy than other cryptos, Chia has been hailed as the "green" alternative to Bitcoin. But is it all that it seems? 12/05/2021
Now playing Next Money Hungary is set to cut taxes on cryptocurrencies by half from 2022 Hungary is cutting tax on cryptocurrency earnings by half as interest in the crypto market drives it to all-time highs. 12/05/2021
Now playing Next Biztech news Second-biggest cryptocurrency Ethereum soars above record $4,000 mark In a week where other altcoins, including Dogecoin, took a hit, Ethereum's value has soared to record highs. 10/05/2021
Now playing Next Money Dogecoin's value tumbles after Elon Musk called it 'a hustle' on SNL Dogecoin, which is often seen as a joke, soared in value this week after it was listed on investing apps. Elon Musk's appearance on SNL has changed all that. 09/05/2021
Now playing Next Biztech news Bitcoin and Ethereum will be accepted in Sotheby's Banksy auction While NFTs are growing in popularity, physical artworks have yet to be swept up in the world of cryptocurrencies. Until now, that is. 04/05/2021