Bitcoin recoups some losses after Musk-triggered tumble
Bitcoin popped back above $50,000 in Asian trade on Thursday, clawing back some of the 17% plunge that followed Elon Musk’s tweet that Tesla Inc (TSLA.O) would stop accepting the digital tokens as payment for its cars. The price of the world’s largest cryptocurrency dropped from around $54,819 to $45,700, its lowest since March 1, in just under two […]
Ethereum breaks past $3,000 to quadruple in value in 2021
Cryptocurrency ether broke past $3,000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin, as investors bet that ether will be of ever greater use in a decentralised future financial system. Ether , the token transacted on the ethereum blockchain, rose 3% on the Bitstamp exchange […]
Coinbase listing marks latest step in crypto’s march to the mainstream
LONDON (Reuters) – Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, will list on the Nasdaq on Wednesday, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset.
Bitcoin falls after weekend record high as India considers a ban
TOKYO/LONDON/NEW YORK (Reuters) – Bitcoin dropped on Monday, falling from a record high above $60,000 over the weekend, as investors digested a potential ban from India on cryptocurrencies.
Bitcoin falls back sharply after weekend record
TOKYO/LONDON (Reuters) – Bitcoin fell back sharply on Monday after hitting a record high of $61,781.83 over the weekend after U.S. President Joe Biden signed off on his $1.9 trillion fiscal stimulus and ordered an acceleration in vaccinations.
Recovery bets support stocks as Fed comes in focus
MILAN/TOKYO (Reuters) – World shares inched higher while U.S. bond yields hovered near a 13-month peak on Monday on bets economic growth would accelerate even though investors became wary of the Federal Reserve and other key central bank meetings in the days ahead.
Enterprise Blockchain Solutions: What Can They Do For Your Business?
Despite the popular conviction that blockchain technology is only designed to perform cryptocurrency transactions and earn bitcoins, blockchain continues its entry into many areas of life: social media, gaming, healthcare, real estate, and others. The technology intends to enhance work efficiency, cut costs for businesses and improve customer experience. Blockchain can be explained as a […]
