Facebook has changed the name of the digital wallet to be used with its new cryptocurrency, the latest in a number of changes to the digital currency and its ecosystem.
Browsing: Cryptocurrencies
Amid the coronavirus pandemic, another event has almost been missed: the birth of a new kind of fiat currency, which could forever reshape the relationship between money, economic power and geopolitical clout.
Naspers-backed cryptocurrency platform Luno is in talks about expanding in Kenya and Ghana to extend its African footprint, as bitcoin rallies 99% over the past two months amid the coronavirus pandemic.
Telegram has officially scrapped plans to build a digital ledger for transactions after it ran afoul of regulators.
The world’s biggest cryptocurrency rallied back above $10 000 ahead of a technical event seen by some as having driven the price higher recently.
It’s been left for dead more than once. Yet bitcoin is once again staging a comeback reminiscent of the token’s glory days, with evangelists pegging their hopes on a technical event as the new catalyst.
Excitement over bitcoin’s upcoming halving and an overall risk-on environment are pushing up cryptocurrencies, with the largest token reaching its highest level since before the coronavirus-induced crash.
As bitcoin’s “halving” approaches, the cryptocurrency’s supporters and sceptics are debating what kind of impact it may have on the coin’s value. What does it all mean?
Buoyed by an overall shift in risk sentiment, cryptocurrencies surged on Thursday, with bitcoin surpassing $7 500 for the first time since crashing in early March.
As risk assets regain their mojo amid optimism the coronavirus spread is beginning to level off, bitcoin’s back above $7 000 and may be headed higher still.