Browsing: Ethereum

World
Bitcoin hovers near year’s lows

Bitcoin traded above $6 000 on Monday morning after dropping below that level for the first time since February over the weekend, with the digital currency heading for a second straight quarterly decline

World
Cryptocurrencies fall after yet another heist

Cryptocurrencies dropped after the second South Korean exchange in as many weeks said it was the victim of a theft, renewing concerns about the safety of digital-asset trading venues. Bithumb, ranked by Coinmarketcap

News
Cryptos are tokens, not currency: SA Reserve Bank

South Africa’s central bank chooses to call digital currencies such as bitcoin “cyber-tokens” because they don’t meet the requirements to be classified as money. “We don’t use the term ‘cryptocurrency’ because it doesn’t

World
Bitcoin slumps to below $7 500: this is why

Bitcoin fell to a six-week low, as selloff that began in early May dropped the cryptocurrency’s price below $7 500 for the first time since mid-April. Bitcoin slumped 7.3% to $7 495 as of 1.57pm in New York

News
How Sars plans to tax your bitcoin

The South African Revenue Service will continue to apply “normal income tax rules” to cryptocurrencies such as bitcoin and has urged taxpayers to declare cryptocurrency gains or losses as part of their

World
Cryptocurrency markets: a history of heists

The US$500m heist of digital tokens from Japanese exchange Coincheck on Friday is remarkable for its sheer size, but thefts in the lightly regulated world of cryptocurrencies are woefully frequent. In less than a

In-depth
Cryptocurrency markets aren’t all the same

There’s a compelling reason to consider what’s going on with cryptocurrencies a purely speculative boom-and-bust roller-coaster: over a three-month period, the prices of all the top coins and tokens are rather strongly correlated