Browsing: Bitcoin

Bitcoin slumped as South Korea’s justice ministry reiterated a proposed ban on cryptocurrency venues, fuelling concern that a government crackdown will erode one of the world’s biggest sources of demand for digital currencies

China plans to limit power use by some bitcoin miners, people familiar with the matter said, a potential challenge to an industry whose energy-intensive computer networks enable transactions in the cryptocurrency. The People’s Bank

Facilitators of bets on volatility could be among the biggest winners of the bitcoin bonanza. Shares in Plus500 soared on Wednesday after the online trading platform provider said demand for digital currency-linked products saw

Bitcoin is losing its lustre with some of its earliest and most avid fans — criminals — giving rise to a new breed of virtual currency. Privacy coins such as monero, designed to avoid tracking, have climbed faster over the past two months

Bitcoin appeared to find a bottom on Friday, rebounding above US$14 000 after moves by South Korea to curb speculation and protect retail customers sent the cryptocurrency sliding yesterday. Bitcoin climbed as much as 8.3% in

Bitcoin’s plunge extended to more than 25% on Friday as the frenzy surrounding digital currencies faced one of its biggest tests yet. The world’s largest cryptocurrency approached $10 000 as this week’s selloff entered a fourth

When will cryptocurrencies live up to the second part of their name? Now that bitcoin is a mainstream asset, with futures contracts traded at the world’s largest exchange, becoming actual money should be the logical next step. But if