Bitcoin declined after reaching the highest levels since mid-June on Saturday amid optimism that the market may have recovered from its worst levels.
Browsing: Cryptocurrencies
One of the most common criticisms of cryptocurrency is that it is just a way to get around financial rules and regulations. That’s a feature, not a bug.
The sale of Central African Republic’s first digital coin got off to a slow start, with just over 5% of the target bought in the hours after its launch.
Venture capitalists are pouring money into digital currency and blockchain start-ups at a pace that’s set to outstrip last year’s record.
Bitcoin rebounded after a brief selloff late on Wednesday, sparked by news that Tesla had sold about 75% of its holdings of the virtual token.
Bitcoin has rallied, trading above $22 000 for the first time since 8 June. Ether and other cryptocurrencies also spiking higher.
The relative stabilisation in the prices of cryptocurrencies is fuelling hopes that the contagion of 2022 may have run its course.
Cryptocurrency trading volumes have plummeted amid a dreadful first half of the year for the industry.
Crypto lender Celsius Network has filed for bankruptcy in the US, a month after it froze customer withdrawals.
The South African Reserve Bank is set to bring cryptocurrencies into the regulatory oversight of the Financial Sector Conduct Authority.