THE CRYPTOVERSE-Teenage bitcoin throws an interest rate tantrum
Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature financial asset – but watch out for the teenage tantrums.
Bitcoin skids to six-month low as fears of Ukraine conflict shake markets
Bitcoin tumbled almost 9% on Monday to its lowest in six months as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their sell-off.
Britain to crack down on ‘misleading’ cryptocurrency adverts
Britain is to crack down on “misleading” advertisements for crypto assets which could harm consumers, the finance ministry said on Monday.
Costa Rica hydro plant gets new lease on life from crypto mining
A small river in the middle of coffee plantations, sugar cane fields and a forest provides energy to a hydroelectric power plant in Costa Rica that feeds hundreds of computers wired up to the cryptocurrency mining business.
EXCLUSIVE Turkey’s cryptocurrency trades top 1 million a day amid lira woes
reuters.com/markets/us/exclusive-turkeys-cryptocurrency-trades-top-1-million-day-amid-lira-woes-2021-12-21/
Bitcoin below $50,000, at early October levels, after weekend’s battering
Bitcoin hovered around $49,000 on Monday, down 1.5% on the day, as traders nursed losses after a brutal weekend in which the price of the world’s largest digital asset at one point lost over one fifth of its value.
Refunds for cryptocurrency US constitution bidders are being hit by high fees
The people behind a botched attempt to buy a rare original copy of the United States constitution are facing a deluge of refunds, totaling up to $40 million for 17,000 donors. The people behind a botched attempt to buy a rare original copy of the United States constitution are facing a deluge of refunds, totaling […]
Citigroup to create 100 roles in digital asset push
Citigroup (C.N) is looking to create 100 roles focused on digital assets including blockchain and digital currencies at its institutional division, the U.S. bank said on Tuesday.
Bitcoin falls more than 4% to near $60,000
Bitcoin, the world’s biggest and best-known cryptocurrency, fell more than 4% on Tuesday as it extended a decline through a week that also included an upgrade to its blockchain.
Marketmind: Melt up?
As confidence grows that the world’s biggest central banks are in no hurry for raising interest rates despite progress on the jobs and post-COVID reopening fronts, stock markets have powered to new record highs. A stronger S&P 500 close on Tuesday would see it notching its longest winning streak since 2004.
