A US probe into tether is homing in on whether executives behind the digital token committed bank fraud, a potential criminal case that would have broad implications for the cryptocurrency market.
Browsing: Cryptocurrencies
Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week.
It’s time for bitcoin’s corporate champions to account for a brutal selloff in the cryptocurrency.
Tesla will most likely restart accepting bitcoin as payments once it conducts due diligence on the amount of renewable energy used to mine the currency, CEO Elon Musk said.
Promoted | Week-long looting decimated the R/$ rate and caused Citibank to cut exposure to foreign exchange completely. But buying cryptocurrency offers investors a solution to the weakened currency.
The European Union is proposing to prohibit anonymous cryptocurrency transactions as part of a broader plan to combat money laundering and terrorism financing.
Bitcoin has fallen below $30 000. The world’s largest cryptocurrency is now 54% below the high of $64 870 reached on 14 April.
Bitcoin’s selloff accelerated on Monday, pushing it closer to $30 000 once again. The world’s largest digital coin, down as much as 3.3% at one point during the session, continues to slip lower.
The South African Revenue Service has made it more difficult for taxpayers to get approval on crypto arbitrage trades using their R10-million/year foreign investment allowance.
Tesla’s shares have become less correlated with those of large US technology companies ahead of the electric vehicle maker’s earnings report and bitcoin may be the reason why.