Bitcoin recovers ground to touch $40k after crypto crash May 20, 2021 Bitcoin today recovered some ground after sliding to a four-month low in the previous session. The cryptocurrency shot up 8.75 per cent to touch $40,000 after plummeting 14 per cent yesterday to its lowest since January. However, Bitcoin’s rebound was weighed down by concerns over tighter regulation in China. The decline came after a statement [...]
Crypto flash crash: Bitcoin gets Musk’ed with panic-selling across the board and Coinbase at record low May 19, 2021 How the tables have turned on Elon Musk and his Tesla’s Bitcoin investment. Bitcoin has now fallen over 50 per cent from record highs and erased away all the price gains that happened after the 8 February Tesla announcement that they would put Bitcoin on its balance sheet and accept it as a form of payment. [...]
Wild Wednesday: Crypto in full blown meltdown as inflation concerns roil global markets May 19, 2021 Crypto currencies have gone into full blown meltdown with Ethereum falling 40 per cent at one point today, while Bitcoin prices have slumped below $40k as the sell-off gains further traction, after Chinese regulators took steps to discourage the use of crypto. The Peoples Bank of China said earlier today that cryptocurrencies should not be used or accepted [...]
S&P Dow Jones Indices launches crypto indexes May 4, 2021 The S&P Dow Jones Indices, a division of financial data provider S&P Global, today said it had launched cryptocurrency indexes. The S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index will measure the performance of bitcoin, Ethereum and digital assets. The move to measure each space was originally announced in December last [...]
Ethiopia overhauls its education system with IOHK blockchain partnership April 27, 2021 Global blockchain specialist IOHK has partnered with the Ethiopian government to overhaul the nation's education system.
NatWest refuses to jump on the crypto bandwagon amid money laundering charges April 26, 2021 NatWest’s reluctance to enter the crypto market should be seen as out of step with the wider financial services ecosystem, according to a leading London lawyer. Earlier this week, the bank said it has ‘no appetite’ to serve business customers which accept cryptocurrency, as the bank is taking a ‘cautious approach’ following recent money laundering [...]
John McAfee on life in prison… and the price of Dogecoin April 26, 2021 Speaking from behind bars in a Spanish jail, computer legend John McAfee says he’s stunned by the price of Dogecoin.
Could Ethereum overtake Bitcoin as the world’s leading cryptocurrency? April 23, 2021 Ethereum has the potential to be bigger than Bitcoin and become the dominant crypto asset, according to a renowned market analyst.
High Court paves way to answer the question: Who invented Bitcoin? April 22, 2021 The High Court today paved the way for a case that could force the judges to take a view on who invented bitcoin, the world’s most popular cryptocurrency. The court has allowed Craig Wright, an Australian computer scientist who alleges he created bitcoin, to serve a copyright infringement lawsuit against the operator and publisher of [...]
ECB day and trouble in travel while Bitcoin is oversold April 22, 2021 European futures are trading higher as traders pick up momentum from Wall Street, where we saw the Dow Jones index posting some strong gains. It seems like traders are taking every retracement in the stock market as an opportunity to jump back in or double down on their riskier bets, and this is pushing the [...]