Turmoil engulfed cryptocurrency markets again on Tuesday, with every major coin extending a rout that’s rocking confidence in the nascent asset class.
Browsing: Bitcoin
The slide in cryptocurrencies accelerated on Monday, with bitcoin piercing below the $5 000 mark for the first time since October 2017.
Bitcoin continued its slump after losing 12% on Wednesday and triggering the biggest cryptocurrency sell-off since February.
Bitcoin has tumbled below $6 000 for the first time since August and reached the lowest level in over a year, breaking the recent stretch of tranquility.
Ripple Labs is gaining new customers because financial firms are seeking faster, more up-to-date technology than the Swift banking network, CEO Brad Garlinghouse said.
In this episode of the podcast, Duncan McLeod interviews Luno South Africa country manager Marius Reitz. The conversation touches on everything from investing in cryptocurrencies to where Luno is going next.
New research commissioned by Luno shows there is a great deal of interest among South Africans in owning at least one cryptocurrency.
In the next 10 years, it remains possible that the technology underlying bitcoin will transform global money.
The cryptocurrency industry is plagued by scandal. Stock exchange operator Nasdaq says it can solve the problem.
Bitcoin’s going through a serious quiet spell. The world’s largest digital currency is seeing fewer major price swings and low volatility, signs that the coin may be nearing a bottom.