Browsing: Bitcoin

World
Bitcoin nears record $8 000

Bitcoin has picked up right where it left off, hitting another record high to close in on US$8 000 just days after a plunge of as much as 29% tested the confidence of advocates of the cryptocurrency. Bitcoin climbed as much as 1.3% to touch

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Bitcoin surges in Zimbabwe amid coup reports

Bitcoin climbed as much as 10% on Zimbabwe’s Golix exchange on Wednesday after the country’s armed forces seized power. The price of the cryptocurrency in the Southern African nation jumped as high as US$13 499, almost

World
Bitcoin tumbles as rivals gain

Bitcoin plunged as the cancellation of a technology upgrade prompted some users to switch out of the cryptocurrency, spooking speculators who had profited from a more than 800% surge this

World
Bitcoin hits new record after hard fork averted

Bitcoin has soared to a record after a technology upgrade that was threatening to disrupt the biggest cryptocurrency was called off, removing another concern for mainstream investors captivated by this year’s more-than-seven-fold

World
Bitcoin the ‘very definition of a bubble’

The speculation around bitcoin is the “very definition of a bubble”, Credit Suisse Group CEO Tidjane Thiam said as the currency exceeded US$7 000 for the first time. “From what we can identify, the only reason today to buy or sell bitcoin

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Bitcoin smashes through $7 000

Bitcoin climbed past $7 000 for the first time, breaching another milestone less than one month after it tore through the $5 000 mark. Spot pricing for bitcoin climbed as much as 7.1% to a high of $7 045.46 before pulling back slightly

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Bitcoin tops R100 000 for the first time

Bitcoin is changing hands at over R100 000 on some trading platforms as of Wednesday morning. The price touched a new all-time high of R103 999 on local platform Luno and was last quoted at R100 001. Local

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