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.
Browsing: Cryptocurrencies
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.
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Bitcoin bulls beware: Wall Street expects the cryptocurrency’s crash to get a whole lot worse.
The Central African Republic, which adopted bitcoin as legal tender in April, is poised to roll out its own digital currency.
Despite the recent price crash, bitcoin’s fundamentals are arguably stronger now than any time in its history.