Bitcoin

British investment firm Hargreaves Lansdown has reversed its previous stance to roll out bitcoin and crypto exchange-traded notes for retail investors, despite earlier warnings labeling the cryptocurrency as high-risk and volatile.

Hardware wallet maker Trezor revealed that a data breach involving third-party vendor ShipMonk is significantly larger than first estimated, exposing personal details for an additional 67,000 U.S. customers.

According to the IMF, El Salvador has not used public funds for its bitcoin reserves since its last loan review, acquiring the cryptocurrency entirely through private donations instead.

Bitcoin fell below $80,000 following an unexpectedly strong U.S. jobs report, which heightened concerns about potential Federal Reserve interest rate hikes and impacted the cryptocurrency market.

Fidelity warns that despite recent upward momentum and a nearly 30% gain, the bitcoin bear market may still persist, with a potential market bottom materializing in November or later according to a fresh analysis.

Bitcoin Magazine Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount Bitcoin is trading with gold — something it does when investors lose confidence in the dollar. This post Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.