It might be hard to believe. But after the 1 400% rally of 2017, with wild swings along the way, the great crypto craze has cooled, at least for now. For the past month, bitcoin’s price has stalled between $8 500 and
Browsing: Bitcoin
Earlier this year, when bitcoin’s price fell by more than 60% from its record close, a less-noticed bitcoin figure also plunged: the number of daily transactions. There are many explanations for the fall-off in trading, from
Last spring, as cryptocurrencies seemed on the brink of a linkage with the traditional financial system, there were predictions of a price explosion along with institutional, regulatory and mainstream acceptance of the currencies
Bitcoin has quietly reached a major milestone in its quest to reach the masses. Segregated Witness, or SegWit, the software upgrade designed to speed up bitcoin transactions, is gaining traction. The number of transactions
The South African Reserve Bank said on Tuesday that it will complete a review into cryptocurrencies, including bitcoin, before the end of 2018. The objective is to “inform an appropriate policy framework and regulatory regime
Right now, it’s bitcoin. But in the past, we’ve had dot-com stocks, the 1929 crash, 19th century railways and the South Sea Bubble of 1720. All these were compared by contemporaries to “tulip mania”, the Dutch financial
What’s supposed to be the most volatile asset in the universe is proving to be a bastion of stability compared with wild swings and carnage in global equities this past week. Bitcoin clawed its way back from the four-month low
Cryptocurrencies continued their 2018 swoon as worries over escalating government scrutiny combined with a broader flight from riskier assets to send bitcoin to its lowest level since November. The biggest virtual currency sank as much as 16% to
Bitcoin declined for a fifth day, breaking below $7 000 for the first time since November and leading other digital tokens lower, as Lloyds Banking Group joined a growing number of big credit card issuers halting purchases
View the latest contribution from TechCentral cartoonist Jerm.