The motion won't mean the city is investing or accepting payment in cryptocurrency any time soon, but will instead direct staff to look into those possibilities. 

The motion would direct city staff to look into how to integrate the cryptocurrency into the city's financial strategies, including potentially accepting taxes and fees in Bitcoin.

Bitcoin has topped the $100,000 mark as a massive rally in the world's most popular cryptocurrency sparked by the election of Donald Trump rolls on.

Police are investigating if a suspected case of arson in Calgary is related to Bitcoin extortion notes left on the steps of neighbouring homes.

Crypto short trades looked set for a further hammering on Monday as most cryptocurrency-related stocks jumped in U.S. premarket trading.

Donald Trump was previously a crypto skeptic but changed his mind and took a favorable view of cryptocurrencies ahead of the election.

An Alabama man is accused of helping to break into the SEC's account on X, allowing hackers to prematurely announce the approval of long-awaited bitcoin exchange-traded funds.

Priya Badesha, co-owner of the Red Rooster Food Store, said she noticed an older gentleman walk into the store and head towards the back where the Bitcoin machine is located.

Investing in cryptocurrencies is picking up steam, according to a new survey, even in the face of potential volatility and massive fraud that has been uncovered.

The halving event comes after bitcoin hit an all-time high of US$73,803.25 in March.