Almost $1-billion (R16.2-billion) worth of bitcoin that likely originated from Silk Road is on the move, according to blockchain tracker Elliptic.
Browsing: Cryptocurrencies
As the bitcoin price surged past $13 400 over the last week, an old debate has resurfaced: Is it a bubble and will it burst?
Bitcoin advocates say this time will be different as the virtual coin surges back to price levels last seen in the wake of the collapse of the cryptocurrency market bubble almost three years ago.
Bitcoin is approaching levels not seen since just after the burst of the cryptocurrency market bubble almost three years ago.
PayPal Holdings joined the cryptocurrency market on Wednesday, allowing customers to buy, sell and hold bitcoin and other virtual coins using the US digital payments company’s online wallets.
Cryptocurrency exchange Luno, previously backed by Naspers but now owned by Digital Currency Group, has launched a savings wallet, offering customers interest of up to 4%/year on their bitcoin holdings.
Bitcoin’s biggest rally in more than a week has pushed it to the brink of $12 000, a key level watched by chartists and technicians.
Deal value in the cryptocurrency world surpassed the total from 2019 in the first six months of the year as tie-ups became less frequent but bigger, according to PwC.
Financial leaders of the world’s seven biggest economies will say on Tuesday that they oppose the launch of Facebook’s planned libra stablecoin until it is properly regulated, their draft statement showed.
Having built a customer base of five million in more than 40 countries since launching in Cape Town in 2013, Luno came to dominate the cryptocurrency market in South Africa and other countries.