Bitcoin fell below $30 000 for the first time in nearly five months as China’s latest crackdown on cryptocurrencies weighed.
Author: Agency Staff
Cryptocurrencies have become a tool for Venezuelans to send remittances, protect wages from inflation and help businesses manage cash flow in a quickly depreciating currency.
Bitcoin’s slide towards $30 000 amid China’s continued cryptocurrency crackdown is stoking fears of a deeper sell-off, with one researcher warning a break lower could bring a world of pain.
Researchers warn that the novel coronavirus is apt to be circulating among us forever, although it’s likely to become a less potent foe.
The brain inflammation and impaired “brain circuitry” seen in people who die of Covid-19 look a lot like what doctors see in the brains of people who die of neurodegenerative conditions, researchers said.
China’s central bank said on Monday it had urged some banks and payment firms to crack down harder on cryptocurrency trading, in the latest move by Chinese authorities to stem the use of digital coins.
Starlink, the satellite Internet unit of Elon Musk’s SpaceX, expects to be able to provide continuous global coverage by around September but will then need to seek regulatory approvals.
Prosus said its e-commerce business grew revenues and shrank trading losses for the year that ended 31 March, even as its overall profit continued to be dominated by its investment in Chinese technology giant Tencent.
Bitcoin slid on Monday amid a fraying appetite for riskier investments and an intensifying cryptocurrency crackdown in China.
Naspers reported a 24% rise in profit for the year that ended 31 March, boosted primarily by the performance of its investment in China’s Tencent Holdings, the company said on Monday.