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Bitcoin plunges over 20 pct in another indication of global market nerves Bitcoin plunges over 20 pct in another indication of global market nerves
Bitcoin plunged along with other cryptocurrencies on Saturday, in another indication of the risk aversion sweeping across financial markets.The largest digital token fell as low as $42,296 before ...
Technology 2 days ago
 El Salvador plans first ‘Bitcoin City,’ backed by bitcoin bonds: President Bukele El Salvador plans first ‘Bitcoin City,’ backed by bitcoin bonds: President Bukele
El Salvador plans to build the world’s first “Bitcoin City” which will be funded initially by bitcoin bonds, President Nayib Bukele said on Saturday, doubling down on the Central American country’s ...
Economy 21 November ,2021
Bitcoin drops toward $60,000, Ether falls lowest this month amid broad crypto dip Bitcoin drops toward $60,000, Ether falls lowest this month amid broad crypto dip
Cryptocurrencies fell on Tuesday, with Bitcoin sliding toward the $60,000 level and Ether touching one of its lowest levels this month.Bitcoin, the largest digital token, was down 4 percent at about ...
Economy 16 November ,2021
India planning to take progressive, forward-looking steps on digital currency India planning to take progressive, forward-looking steps on digital currency
India is planning progressive and forward-looking measures on issues related to cryptocurrencies, a move that could be a departure from its earlier attempts to restrict the use of virtual coins, ...
Technology 14 November ,2021
Former Citigroup CEO Vikram Pandit says all banks will think about crypto trading Former Citigroup CEO Vikram Pandit says all banks will think about crypto trading
All major financial institutions will soon be thinking about trading cryptocurrencies, according to Vikram Pandit, chairman of The Orogen Group and former chief executive officer of Citigroup Inc.In ...
Economy 08 November ,2021
Nigeria to launch digital currency on Monday: Central bank Nigeria to launch digital currency on Monday: Central bank
Nigeria will on Monday launch a digital currency, the eNaira, the central bank said, months after it barred banks and financial institutions from dealing in or facilitating transactions in ...
Economy 24 October ,2021
Bitcoin to hit all-time high ahead of futures ETF listing Bitcoin to hit all-time high ahead of futures ETF listing
Bitcoin hit a six-month high and was within striking distance of its all-time peak on Tuesday as traders bet an anticipated listing of a futures-based US exchange-traded fund could herald investment ...
Financial Markets 19 October ,2021
Iran power company warns of cuts due to illegal cryptocurrency mining Iran power company warns of cuts due to illegal cryptocurrency mining
Illegal cryptocurrency mining in Iran risks causing new power cuts this winter, the state electricity company warned Sunday.Iranian officials regularly accuse unlicensed cryptocurrency miners of using ...
Technology 10 October ,2021
China to add cryptocurrency mining to ‘negative list’ of industries China to add cryptocurrency mining to ‘negative list’ of industries
China has added cryptocurrency mining to a draft list of industries in which investment is restricted or prohibited, although it reduced the number of sectors on the list overall, a document released ...
Technology 09 October ,2021
Bitcoin hits strongest level since May, breaching $50,000 mark Bitcoin hits strongest level since May, breaching $50,000 mark
Bitcoin hit its highest level since mid-May on Wednesday as bulls bid up the cryptocurrency after it breached the $50,000 mark in the previous session. The world’s largest cryptocurrency ...
Technology 06 October ,2021
Dubai-based music company buys ‘side-eyeing Chloe’ meme as NFT for $74,000 Dubai-based music company buys ‘side-eyeing Chloe’ meme as NFT for $74,000
Famous internet meme ‘side-eyeing Chloe’ has been sold as a non-fungible token (NFT) for around $74,000, the BBC reported on Saturday.The meme features a two-year-old girl, Chloe Clem, giving a ...
World News 26 September ,2021
Bitcoin slips after China central bank declares cryptocurrencies illegal Bitcoin slips after China central bank declares cryptocurrencies illegal
Bitcoin fell nearly 5 percent on Friday after China’s central bank said it would crack down on cryptocurrency trading, banning overseas exchanges from providing services to mainland investors.In ...
Economy 24 September ,2021
E-waste generated by one bitcoin transaction equivalent to ‘binning two iPhones’ E-waste generated by one bitcoin transaction equivalent to ‘binning two iPhones’
A single bitcoin transaction can generate the same amount of electronic waste as binning two iPhones, a new analysis revealed. Economists from the Dutch central bank and the Massachusetts Institute of ...
Technology 20 September ,2021
Bitcoin rises above $50,000 for first time in three months Bitcoin rises above $50,000 for first time in three months
Bitcoin broke back above $50,000 on Monday for the first time in three months as investors piled back into the cryptocurrency on bargain-buying.The unit climbed around two percent to $50,249.15, its ...
Economy 23 August ,2021
Dutch family hides bitcoin fortune in secret vaults across four different countries Dutch family hides bitcoin fortune in secret vaults across four different countries
A Dutch family who liquidated all its assets to buy bitcoin in 2017 when it was trading at $900 is now hiding their crypto fortune in secret vaults across four countries, CNBC news reported on ...
World News 15 August ,2021
Bitcoin leaps 12 percent to six-week high Bitcoin leaps 12 percent to six-week high
Cryptocurrencies jumped on Monday, sending bitcoin as much as 12.5% higher to its strongest since mid-June.Bitcoin was last up 7.3% at $37,983 and rival cryptocurrency ether rose 4.5% to stand at a ...
Technology 26 July ,2021
Bitcoin slumps in wake of China crackdown on cryptocurrency mining Bitcoin slumps in wake of China crackdown on cryptocurrency mining
Bitcoin tumbled as much as 9 percent on Monday as recent volatility in the cryptocurrency market showed no signs of dampening down, with market players citing thin liquidity and China’s expanding ...
Economy 21 June ,2021
Basel panel of bank regulators plan ‘conservative’ capital rule for bitcoin Basel panel of bank regulators plan ‘conservative’ capital rule for bitcoin
Banks must set aside enough capital to cover losses on any bitcoin holdings in full, global banking regulators proposed on Thursday, in a “conservative” step that could prevent widescale use of the ...
Economy 10 June ,2021
Bitcoin rebound loses steam, hovers around $40,000  on rising regulatory concerns Bitcoin rebound loses steam, hovers around $40,000 on rising regulatory concerns
Beset by rising regulatory pressure, bitcoin hovered around $40,000 on Friday, pausing its attempt to recover from this week’s massive plunge. Bitcoin was little changed on the day at $40 ...
Technology 21 May ,2021