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UPDATE 5-Musk's Tesla electrifies bitcoin with $1.5 bln bet, car…

By Subrat Patnaik, Anna Irrera and David Randall Feb 8 (Reuters) – Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk’s electric vehicle company Tesla Inc revealed it had purchased $1.5 billion of the cryptocurrency … Continue reading

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Bitcoin plunges 14 per cent from record highs amid China blackout

Bitcoin fell by as much as 14 per cent to $51,541 on Sunday amid unconfirmed Twitter speculation that the US Treasury may crack down on money laundering that’s carried out through cryptocurrency. The selloff meant the cryptocurrency reversed most of the … Continue reading

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Cryptocurrency traders are still struggling to profit from bitcoin’s recent record run as their funds continued to be frozen inside the most popular cryptocurrency exchange for as long as five weeks

Cryptocurrency traders are still struggling to profit from bitcoin’s recent record run as their funds continued to be frozen inside the most popular cryptocurrency exchange for as long as five weeks. Some customers of Coinbase, which lets users buy, sell … Continue reading

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Cryptocurrency ethereum is flourishing but risks linger

By Gertrude Chavez-Dreyfuss NEW YORK, May 7 (Reuters) – Ethereum has outperformed major digital currency rivals this year, bolstered by the surge in decentralized finance (DeFi) and the anticipation of a technical adjustment this summer, but it faces hurdles that … Continue reading

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Cryptocurrency ethereum is flourishing but risks linger

By Gertrude Chavez-Dreyfuss NEW YORK, May 7 (Reuters) – Ethereum has outperformed major digital currency rivals this year, bolstered by the surge in decentralized finance (DeFi) and the anticipation of a technical adjustment this summer, but it faces hurdles that … Continue reading

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FOREX-Dollar rally pauses as Fed plays calm hand on inflation surprise

By Hideyuki Sano TOKYO, May 14 (Reuters) – The dollar took a breather on Friday but looks set to post weekly gains against a basket of currencies as investors weighed the risk of U.S. inflation rising faster than expected and … Continue reading

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UPDATE 5-Musk's Tesla electrifies bitcoin with $1.5 bln bet, car…

By Subrat Patnaik, Anna Irrera and David Randall Feb 8 (Reuters) – Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk’s electric vehicle company Tesla Inc revealed it had purchased $1.5 billion of the cryptocurrency … Continue reading

Posted in Uncategorized | Comments Off on UPDATE 5-Musk's Tesla electrifies bitcoin with $1.5 bln bet, car…

Bitcoin has rallied after plunging below the $40,000 mark for the first time in more than three months, as Tesla boss Elon Musk insists the company will not sell any of its holdings in the cryptocurrency

Bitcoin has rallied after plunging below the $40,000 mark for the first time in more than three months, as Tesla boss Elon Musk insists the company will not sell any of its holdings in the cryptocurrency. Despite the turbulence, celebrities … Continue reading

Posted in Uncategorized | Comments Off on Bitcoin has rallied after plunging below the $40,000 mark for the first time in more than three months, as Tesla boss Elon Musk insists the company will not sell any of its holdings in the cryptocurrency