Bitcoin’s recent wobbles have given fresh urgency to a question that’s gripped market observers for much of the past year: will the cryptocurrency go down as one of history’s most infamous bubbles, alongside tulip mania
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There’s a growing debate over how much power will be sucked up by the world’s growing ranks of cryptocurrency miners. Last week, Morgan Stanley analysts said miners of Bitcoin could use as much as 140 terawatt-hours of electricity
Bitcoin slumped to the lowest level since December in Asia trading hours as cryptocurrencies continued a January selloff amid rising scrutiny from global regulators. Bitcoin fell 6.3% to US$13 040 at 10.32am in Hong Kong, the lowest
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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
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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