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Crypto has rapidly moved from the fringes of the financial world to the mainstream

Crypto stocks jump after Trump's pro-bitcoin speech

Shares of New York-listed cryptocurrency firms gained before the open today after Republican presidential candidate Donald Trump talked up bitcoin and promised friendlier regulation for the industry.

Business • 29 Jul 24

Ferrari to accept crypto-payments in Europe

Italian luxury carmaker Ferrari said today that its European dealers will start accepting cryptocurrency, following a similar move in the US.

Business • 24 Jul 24

Deutsche Bank said it will provide Bitpanda users in Germany with local bank account numbers

Deutsche Bank ties up with Bitpanda in 'cautious' move

Deutsche Bank will work with Bitpanda to process customer deposits and withdrawals for the Austrian crypto broker, the companies told Reuters.

Business • 04 Jun 24

Kabosu became recognisable as the face of Dogecoin, an alternative cryptocurrency that began as a satirical critique of the 2013 crypto frenzy

Kabosu, meme and face of Dogecoin cryptocurrency, dies

Kabosu, the Japanese dog that became a global meme and the face of alternative cryptocurrency Dogecoin has died at 18, her owner announced in a blog post today.

Business • 24 May 24

Bitcoin's spurt today extended last week's record-breaking run when the currency bulldozed its way past the previous November 2021 pinnacle of $68,991

Bitcoin zooms to new record high beyond $72,000

Bitcoin raced to an all-time peak above $72,000 today as the world's most popular cryptocurrency won further support on greater trading accessibility and dollar weakness.

Business • 11 Mar 24

The world's largest cryptocurrency hit a high of $69,202

Bitcoin hits record high on increased investor appetite

Bitcoin hit a record high today, fueled by investors pouring money into US spot exchange-traded crypto products and the prospect that global interest rates may fall.

Business • 05 Mar 24

Bitcoin's monthly gain is more than 47%, its largest since December 2020.

Bitcoin set for biggest monthly jump since 2020

Bitcoin was on track for its biggest monthly gain in more than three years today and within sight of a record high, propelled by cash rushing into exchange-traded funds.

Business • 29 Feb 24

Bitcoin touched a 21-month peak of $45,532.

Bitcoin above $45,000 for first time since April 2022

Bitcoin stormed above $45,000 today for the first time since April 2022 as the world's biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds.

Business • 02 Jan 24

The scam advertisements suggested Mr Martin was endorsing a cryptocurrency trading program and was making tens of thousands of euro every day (File image)

Google ordered to give details on Tánaiste scam

Google has been ordered by the High Court to hand over any details it has about the identity of people who paid for advertisements falsely linking Tánaiste Mícheál Martin to a cryptocurrency scam.

Ireland • 14 Dec 23

Bitcoin's gains lifted the shares of cryptocurrency-related companies, as well as exchange-traded funds (ETFs) listed in the United States.

Bitcoin reaches 20-month high, surpassing $42,000

Bitcoin rose today, briefly surpassing $42,000 to reach a 20-month high, in a new surge of momentum fueled by the possibility of US interest rate cuts and traders betting that the US will soon approve exchange-traded spot bitcoin funds.

Business • 04 Dec 23

The stunning rise of Sam Bankman-Fried and his FTX platform would be matched by an equally spectacular fall.

Sam Bankman-Fried, the fallen wonderboy of crypto

He was the face of cryptocurrency, and a young one at that - a media darling seemingly destined to unite the sector.

Business • 28 Mar 24

Coinbase has around 100 employees in Dublin where it has had an office since 2018

Coinbase to use Ireland as European operations base

Crypto platform Coinbase is to use Ireland as the main location for its operations and regulation in Europe.

Business • 19 Oct 23

Ferrari said its decision to accept cryptocurrencies came in response to requests from the market and dealers as many of its clients have invested in crypto

Ferrari to accept crypto as payment for cars in the US

Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in the US and will extend the scheme to Europe following requests from its wealthy customers, its marketing and commercial chief told Reuters.

Business • 16 Oct 23

Today is the fifth day of the former crypto mogul's trial on charges of stealing billions of dollars in FTX customer deposits

Ellison says she committed fraud with Bankman-Fried

Caroline Ellison, the former chief executive officer of Sam Bankman-Fried's hedge fund Alameda Research, testified today that she committed fraud together with the former crypto mogul.

Business • 10 Oct 23

FTX founder and former-CEO Sam Bankman-Fried is accused of embezzling $10 billion from unsuspecting customers.

FTX customers still grappling with platform's collapse

For Lee Rees, 43, FTX was one of a handful of exchanges on which the London-based cryptocurrency trader earned a good living, profiting off fleeting price differences across the crypto market.

Business • 05 Oct 23

Kraken is the latest crpto platform to use Irish regulatory approval as an access point into Europe

Kraken granted Central Bank e-money licence

US crypto platform, Kraken, has been granted an EU e-money licence by the Central Bank.

Business • 26 Sep 23

Last week, a string of executives also quit Binance

Binance lays off over 1,000 employees- WSJ

Crypto giant Binance has laid off more than 1,000 people in recent weeks in a continuing exercise that could result in the exchange losing more than a third of its staff, the Wall Street Journal reported today, citing a person familiar with the moves.

Business • 14 Jul 23

Bitcoin has recently found support due to plans by fund managers to launch a US-listed spot bitcoin exchange-traded fund (ETF).

Bitcoin hits highest level in 13 months, rising 3%

Bitcoin hit its highest level in 13 months today rising as much as 3.28% to $31,500.

Business • 06 Jul 23

The European Union last month adopted the world's first comprehensive set of rules for cryptoasset regulation

Instagram, YouTube, TikTok target of crypto complaint

Meta Platforms' Instagram, Alphabet's YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities that the online platforms allegedly facilitate the misleading promotion of crypto assets.

Business • 08 Jun 23

Coinbase has suffered about $1.28 billion of net customer outflows following the lawsuit

US tightens crackdown on crypto with Coinbase lawsuit

The top US securities regulator has sued cryptocurrency platform Coinbase, the second lawsuit in two days against a major crypto exchange.

Business • 07 Jun 23

Tuesday's lawsuit came one day after the SEC sued Binance

US SEC sues Coinbase, one day after suing Binance

The US Securities and Exchange Commission on Tuesday sued Coinbase, accusing the largest US cryptocurrency exchange of operating illegally without having first registered with the regulator.

Business • 06 Jun 23

Tyler and Cameron Winklevoss together with Leo Varadkar and Siobhán Hanley, Head of Fintech & Payments, IDA Ireland

Winklevoss twins crypto firm Gemini to grow Irish base

US cryptocurrency platform, Gemini, plans to build its presence in Ireland as it uses the country to grow its services across Europe, its founders Cameron and Tyler Winklevoss have indicated.

Business • 25 May 23

The European Parliament last month approved the world's first comprehensive rules covering crypto assets

EU backs tougher tax rules on crypto transactions

EU ministers have agreed stronger rules today to crack down on the use of cryptocurrencies in tax fraud, as Brussels bolsters its efforts to regulate the volatile sector.

Business • 16 May 23

Excluding pensions, one in three adults in Ireland have some form of investment

Younger people more likely to invest in cryptocurrency

Generational differences in investment behaviour among consumers in Ireland has been highlighted in a survey by Banking & Payments Federation Ireland.

Business • 12 May 23

Crypto firm Kraken registers with Central Bank

US based Bitcoin and cryptocurrency exchange, Kraken, has received a Virtual Asset Service Provider licence from the Central Bank for its Irish subsidiary.

Business • 18 Apr 23

Cryptocurrency