bitcoin

As Bitcoin goes mainstream, Wall Street looks to cash in

Cryptocurrencies have surged so much that their total value has reached nearly $2.5 trillion, rivaling the size of G7 economies like Canada’s and Italy’s, with more than 200 million users.

published on : 19th October 2021

Bitcoin tops $60,000 for the first time since April as US mulls exchange-traded fund

The digital currency was up 40 percent from a month ago, reaching $60,126 according to Bloomberg News data.

published on : 15th October 2021

EXPLAINER | Is crypto a threat to fiat currency? Or future of money?

There would never be more than 21 million Bitcoins, the mythical Nakamoto had vouched.

published on : 3rd October 2021

Far-right cryptocurrency follows ideology across borders

Banned by traditional financial institutions, right provocateurs have taken refuge in digital currencies, which they are using in ever more secretive ways.

published on : 28th September 2021

Hungary: Bronze statue honouring mysterious Bitcoin founder unveiled

Erected in a business park near the Danube River in Budapest, the bust sits atop a stone plinth engraved with the name of Satoshi Nakamoto, the pseudonym of the mysterious developer of Bitcoin.

published on : 17th September 2021

Early stumble as El Salvador starts Bitcoin as currency

Meanwhile, the value of Bitcoin plummeted early Tuesday, dropping from more than $52,000 per coin to $42,000, before recovering about half the loss — an example of the volatility that worries many.

published on : 8th September 2021

Pioneering adoption of bitcoin as legal tender brings hopes, doubts for Salvadorans sending money

A fervent proponent of the cryptocurrency, President Nayib Bukele has asked the more than 2 million Salvadorans who live overseas to send their remittances in Bitcoin.

published on : 7th September 2021

Gold vs cryptocurrency: The great investment debate of 21st century

India, among the world’s biggest holders of gold, saw investments in crypto grow from about $200 million to nearly $40 billion in the past year

published on : 6th September 2021

Challenges of ‘accounting' for cryptocurrency gains

Cryptocurrencies in India are selling like hotcakes with scores of start-ups launching crypto exchanges, giving investors easy access to this asset class.

published on : 30th August 2021

Bitcoin jumps above $50,000 for first time since May

PayPal has announced that it will this week begin to allow users in Britain to buy, hold and sell cryptocurrency through the online payment platform for the first time.

published on : 23rd August 2021

PayPal to let UK users buy, hold and sell cryptocurrency

The US firm said its new service would allow UK-based customers to choose from four types of cryptocurrency: Bitcoin, Ethereum, Litecoin and Bitcoin Cash.

published on : 23rd August 2021

Bitcoin jumps above $50,000 for first time since May

The electric car giant has since indicated its support for bitcoin, while several other high-profile investors including Twitter founder Jack Dorsey have also flagged their interest.

published on : 23rd August 2021

Chinese pressure pushes bitcoin below USD 30,000 losing five-month growth

Bitcoin faces a green backlash because so-called mining often uses electricity produced from fossil fuels, especially coal.

published on : 22nd June 2021

Bitcoin tumbles by more than 10 per cent as China broadens crackdown on crypto mining

According to a notice widely circulated on Chinese social media and confirmed by a former bitcoin miner, authorities in the province of Sichuan ordered the closure of 26 mines last week.

published on : 21st June 2021

After El Salvador, India may move to classify Bitcoin as an asset class

Top sources tracking the industry told this publication that the government has moved away from its earlier hostile stance towards virtual currencies.

published on : 10th June 2021
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