Bitcoin has leapt since Russia’s invasion of Ukraine, bolstered by people in those countries looking to store and move money in anonymous and decentralised crypto.
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Bitcoin tumbled to its lowest in a month on Thursday after Russian forces fired missiles at several cities in Ukraine.
Bitcoin miners are feeling the heat – and the pain’s rippling downstream to pressure prices.
Bitcoin dropped to a more than two-week low, tumbling along with equities as escalating tensions between Russia and Ukraine weighed on risk appetite.
Uber Technologies will one day join the likes of Microsoft by accepting bitcoin as a payment option on its app.
The crypto market has been in recovery mode in recent sessions, posting institutional inflows of $85-million last week.
Promoted | Names like ethereum, solana and polkadot are becoming more recognisable. But what do they really do, what sets them apart from bitcoin?
There are few things scarier for investors than a bear market – unless you’re involved in crypto, in which case a winter is worse.
The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature financial asset – but watch out for the teenage tantrums.
The risk-off selling pressure across the global crypto market showed no sign of abating at the weekend, after an already brutal week.