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
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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
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Vakhtang Gogokhia’s plan to extract cryptocurrencies from the netherworld of cyberspace relies on a strategy familiar to many old-school manufacturers who use a lot of energy – the cheaper the fuel, the better. That’s
For bitcoin investors, these are the times that try one’s soul. After surging to almost US$20 000 in December following the introduction of regulated futures contracts in the US, the world’s largest cryptocurrency
Bitcoin fell below $8 000 for the first time since November as a miserable 2018 continued for cryptocurrencies, with investors confronting a mounting list of concerns about the future of the industry. Since reaching a record high
The deepening selloff in cryptocurrencies has just claimed another victim: bitcoin’s “kimchi” premium. Prices for the cryptocurrency in South Korea have tumbled back in line with those on overseas exchanges for the first time in
Bitcoin is proving that cryptocurrencies can erase wealth as fast as they create it. Its January slide knocked $44.2bn off the $200bn in market value generated in all of last year, the biggest one-month loss in dollar
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