It’s time for bitcoin’s corporate champions to account for a brutal selloff in the cryptocurrency.
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Promoted | Cryptocurrency investment firm Revix unpacks some of the facts – and myths – around the exciting new investment opportunity presented by crypto savings vaults.
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.
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.
Promoted | You may have heard of stablecoins like USD coin, but what are they exactly and why are they seen a great hedge against the depreciation of the rand versus major currencies like the dollar? Revix explains.
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.
Promoted | Investment firm Revix unpacks some of the common misconceptions about bitcoin and other cryptocurrencies.
Regulators have been struggling to get a grip on the burgeoning world of cryptocurrencies. It’s increasingly important that they succeed, and soon.
Billions – real billions – are getting pilfered annually through a variety of cryptocurrency scams. The way things are going, this will only get worse.