Bitcoin crash wipes out nearly all its 2021 gains
The digital currency has tumbled since being valued at more than $63,000 earlier this year.
Bitcoin
Bitcoin miners eyeing move to U.S.
Bitcoin miners in China are looking to relocate their operations to U.S. states like Texas, South Dakota and Tennessee, according to The Washington Post. It's in response to China taking a tighter stance on cryptocurrency as the country looks to meet its climate goals. Gerry Shih, a China reporter for The Washington Post, joins CBSN's Lana Zak with a deeper dive into this potential migration.
Cryptocurrency investment scams soar 1,000% since fall
Scammers are posing as celebrities to poach bitcoin and other cryptocurrencies from investors, the FTC said.
El Salvador becomes first country to adopt Bitcoin as legal tender
"It will bring financial inclusion, investment, tourism, innovation and economic development for our country," El Salvador's president said.
WorldView: El Chapo's wife set to plead guilty
A London police officer pleaded guilty to kidnapping and rape in the high-profile disappearance of Sarah Everard, and El Chapo's wife is set to plead guilty this week. El Salvador approved Bitcoin as legal tender. Ian Lee joins CBSN AM from London with these and other headlines from around the world.
U.S. recovers some money in Colonial Pipeline ransom
The U.S. government has recovered $2.3 million in cryptocurrency paid in ransom to Colonial Pipeline hackers. The ransomware attack last month led to gas shortages after it shut down the country's largest fuel pipeline. Jeff Pegues has the latest.
Feds recover some ransom from hackers
The federal government has recovered millions of dollars in cryptocurrency paid in ransom to cybercriminals whose attack prompted the shutdown of the country's largest fuel pipeline, causing gas shortages across the southeastern U.S. last month, according to the Department of Justice. CBSN's Elaine Quijano has the details.
Wall Street, Main Street firms embraced bitcoin. Now it's crashing.
A sudden downdraft in the price of bitcoin is casting doubts about the future of cryptocurrencies.
Why has the price of bitcoin dropped like a stone?
Digital currencies have slumped after Chinese banking authorities moved to clamp down on their usage.
Tracking the wild swings of bitcoin
The price of cryptocurrencies took a dive recently, with bitcoin leading the declines. Its value dropped below $30,000 earlier this week after surging to $63,000 in April. CBS MoneyWatch senior reporter Stephen Gandel joined CBSN to discuss the future of digital money.
Why Musk's bitcoin U-turn caused a crypto crash
Prices of bitcoin and other cryptos plunged after Tesla CEO reversed decision to accept digital currency as payment.
How cryptocurrency impacts the environment
Customers will no longer be able to buy their Teslas in Bitcoin after Elon Musk announced Wednesday the company will stop accepting the cryptocurrency because of its environmental toll. Errol Barnett explains.
Tesla will no longer accept Bitcoin payments, citing environment
A 2019 study concluded that the entire Bitcoin network was responsible for up to 22.9 million tons of CO2 per year.
Atlanta cyberattack
The FBI is investigating a cyberattack targeting municipal computers in Atlanta. A ransom note is demanding bitcoin in exchange for access. CBS News justice and homeland security correspondent Jeff Pegues reports.
Regulating the cryptocurrency industry
A battle is brewing in Washington over how to regulate the cryptocurrency industry, and industry leaders want to make sure they have a say. According to a report in the New York Times, some digital currency companies have hired lobbyists, lawyers and consultants in an effort to gain greater influence over how much, or how little the industry is regulated. Eric Lipton, an investigative reporter for the Times, joined CBSN's Elaine Quijano to discuss.
Crypto crash?
Bitcoin and nearly all cryptocurrency markets declined significantly this week, with the price of bitcoin dropping below $10,000 for the first time since last November. Yahoo Finance senior writer Daniel Roberts joins CBSN to discuss what caused the crash and what we can expect from the markets going forward.
Cryptocurrency risks
From extreme volatility to hackers, here's a look at some of the risks when it comes to investing in bitcoin and other cryptocurrencies.
Bitcoin bubble?
According to the Wall Street Journal, Silicon Valley entrepreneur Peter Thiel has invested millions in bitcoin, helping to ease some concerns about a potential cryptocurrency bubble. Coin Center's director of research, Peter Van Valkenburg, joined CBSN with more on the future of digital currency.
Bitcoin bubble?
Bitcoin's meteoric rise has prompted both wild speculation and words of caution. In recent weeks, the price of the cryptocurrency has fluctuated wildly, leaving investors and regulators wondering about the future of the digital currency. Lido Isle Advisors' Managing Partner Jason Rotman joins CBSN to discuss this burgeoning market.
Nov. jobs report
The Department of Labor announced that the U.S. added 228,000 jobs in the month of November. Unemployment and wage growth remained steady however. Co-Founder of MarketSnacks, Nick Martell joins CBSN to discuss the latest market news and what it means for the economy.
Bitcoin bubble?
Bitcoin powered to a new record high Tuesday. The cryptocurrency has soared nearly 1500 percent in the last 12 months -- but business leaders and economists are warning the popularity could be a bubble about to burst. Scott Gamm, a correspondent with TheStreet TV, joins CBSN to discuss.
12/05/17: CBSN Evening News
Wildfires roar through southern California; Behind the lens with Harry Benson
Bitcoin boom
The hottest currency in the world right now is Bitcoin. In the past 12 months, investors have driven the value up nearly 1,500 percent. There are true believers, and others who warn the Bitcoin bubble could burst. Bianna Golodryga reports.
Bitcoin billionaires
In 2011, the Winklevoss twins, known for suing Mark Zuckerberg over the idea of Facebook, invested $11 million into bitcoin. That's now valued at more than $1 billion.
Bitcoin's huge energy usage
As the digital currency bitcoin surges in value, so does the energy devoted to generating it. Computers engaged in bitcoin "mining" consume more electricity than many entire countries, a new report finds.
Trump says government shutdown ends when Democrats give in
President Trump offered no plan for health care costs, which have been a sticking point in ending a government shutdown, and says it will end when Democrats give in.
Live
Government shutdown nears record for longest ever as Senate returns
The government shutdown stretches into Day 34 on Monday as the Senate is set to reconvene. Follow live updates here.
Trump: "Hard for me" to give money to NYC if "communist" Mamdani is mayor
Days before Election Day, the president told correspondent Norah O'Donnell that he would potentially withhold federal funds if front-runner Zohran Mamdani wins the election for NYC mayor.
2025 elections in NYC, New Jersey, Virginia to test Democrats, Trump
Election Day 2025 is almost here, with consequential races in New York City, New Jersey, Virginia and a redistricting ballot measure in California.
Trump administration will use contingency fund to pay partial SNAP benefits
The U.S. Department of Agriculture told a federal court that it will tap into a contingency fund to allow states to issue partial SNAP benefits.
Exclusive
Latino voters cite affordability, economy as top concerns in new poll
According to the Unidos Bipartisan Poll of Hispanic Voters: The Road to 2026, 53% of Latino voters cite the cost of living and inflation as their leading concern.
Is COVID-19 during pregnancy linked to autism? New study offers clues
A large study from Massachusetts found that babies whose mothers had COVID-19 while pregnant were slightly more likely to have a range of neurodevelopmental diagnoses by age 3.
Avalanche in Nepal kills 5 foreign climbers, 2 guides
An Armed Police Force spokesperson said five other people were hurt at the base camp.
King Charles wants brother Andrew stripped of his final military title
The former Prince Andrew is set to lose his final military title, as King Charles continues shunning his younger brother over historic ties to Jeffrey Epstein.