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By Jihoon Lee and Jaspreet Kalra SEOUL/MUMBAI (Reuters) - Bitcoin's runaway rally is being driven by investors in Asia. Traders in South Korea, China and other Asian countries are responsible for roughly 70% of bitcoin trading volumes, much like they were

By Laila Kearney NEW YORK (Reuters) - The U.S. Department of Energy's statistical arm may seek a new survey of bitcoin mining electricity use, which will include a longer approval process, after cancelling its emergency data request following a lawsuit brought

By Tom Westbrook and Harry Robertson SINGAPORE/LONDON (Reuters) - Bitcoin was on track for its biggest monthly gain in more than three years on Thursday and within sight of a record high, propelled by cash rushing into exchange-traded funds. The approval and

By Hannah Lang and Elizabeth Howcroft WASHINGTON/LONDON (Reuters) - Bitcoin hit the $50,000 level for the first time in more than two years as the world's largest cryptocurrency was buoyed by expectations of interest rate cuts later this year and last

By Suzanne McGee and Hannah Lang (Reuters) - Options on new U.S. spot bitcoin exchange-traded funds (ETFs) could take months to gain regulatory approval, potentially dampening the appeal of the underlying products, multiple industry sources said. The Securities and Exchange Commission (SEC)

By Vidya Ranganathan and Summer Zhen Bitcoin: SHANGHAI/HONG KONG (Reuters) - Dylan Run, a Shanghai-based finance sector executive, started moving a bit of his money into cryptocurrencies in early 2023, when he realized that the Chinese economy and its stock markets

By Lisa Pauline Mattackal and Medha Singh (Reuters) - Bitcoin celebrated its 15th birthday this month by bursting onto Wall Street with an ebullient bang. Now the adolescent asset may have to grow up fast. Investors have embraced 11 U.S. exchange traded

By Manya Saini and Niket Nishant (Reuters) - Several exchange-traded funds (ETFs) tied to the spot price of bitcoin will start trading in the U.S. on Thursday before the bell in a landmark moment for the cryptocurrency industry that has been

By Suzanne McGee (Reuters) - Crypto enthusiasts hailed the approval of U.S. bitcoin exchange-traded funds as the birth of a new asset class, but broadening acceptance of the famously turbulent cryptocurrency beyond its true believers could prove challenging. A decade in the

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