Bitcoin sinks over 10%
Bitcoin slid Monday, pausing its stunning rally after Elon Musk said prices “seem high”, CNBC reports. The world’s most valuable cryptocurrency sank over 10% to a price of $51,993 Monday morning, …
Bitcoin is increasingly 'cultist' and supported by 'magical thinking', says Barclays wealth investment chief
Bitcoin sounds "increasingly cultist" and could prove to be a "flightless bird" if interest rates rise, the chief investment officer of a major wealth manager has said.Will Hobbs, the CIO Barclays Wealth & Investments, …
Bitcoin hits historical maximum surpassing $57,000
The price of bitcoin increased by 2.02% to $57,110, Coindesk reported on Saturday. Thus, the price of the cryptocurrency has renewed its historical maximum. As of 15:42 Moscow time, bitcoin grew by 2.52% and reached …
Bitcoin surpasses $55,000 for the first time
Bitcoin crossed through the $55,000 mark for the first time, Coindesk reported on Friday. Thus, the price of the cryptocurrency has renewed its historical maximum. As of 22:53 Moscow time, bitcoin accelerated growth to 7% and …
Bitcoin soars to new high above $52,000
Bitcoin surged to yet another record high on Wednesday, a day after the virtual currency vaulted to the $50,000 hurdle, even as analysts warned against the sustainability of such prices amid elevated volatility. The world's …
Russia recognizes cryptocurrency as property and introduces taxes
Russia’s State Duma adopted in the first reading the bill envisaging that cryptocurrencies are to be recognized as property and regulating taxation in the sphere of circulation of digital currencies to the lower house of …
Bitcoin surpasses $50,000 for first time ever
Bitcoin’s price broke above $50,000 for the first time in history Tuesday, continuing its blistering rally as major companies appear to be warming to cryptocurrencies. The world’s largest digital currency by market …
Bitcoin extends its rally to all-time high close to $50 000
Bitcoin reached another record, coming ever closer to $50 000, as the world’s largest cryptocurrency extends its breathtaking rally. The token climbed as much as 3.6% to $49,913 in Asian trading Tuesday, according to a composite …
Bitcoin continues to soar with new all-time high
The price of Bitcoin gained 3.7% during the trading session reaching the highest level of $48,168, a fresh all-time high, according to the trading data. As of 11:11 am, the Bitcoin price equaled $47,800 (+2.91%). Tesla’s …
Bitcoin tops $40,000
Bitcoin smashed through $40,000 to hit a new record high on Thursday helping to lift the total value of the entire cryptocurrency market above $1 trillion for the first time, CNBC reports. The digital coin hit an all-time high of …
Bitcoin prices break through $36,000
Bitcoin prices rallied again today, surpassing the $36,000 price level as the cryptocurrency benefited from sustained momentum. The world’s most prominent digital currency climbed to as much as $36,461.69 at roughly 4 p.m. EST, …
Bitcoin hits record high as it soars past $28,500
Bitcoin continued to break new ground on Wednesday, soaring over $28,500. Bitcoin rose over 5% against the dollar to hit a record high of $28,506.46 (BTC-USD) in early trade in London. The all-time high means bitcoin has …
Central Bank proposes legal framework for tokenization
And labels crypto transactions 'suspicious'
France calls for EU rules on virtual currencies
France's Finance Minister Bruno Le Maire said on Friday the European Union should introduce a common set of rules to govern virtual currencies, which are at the moment mostly regulated at national level, Reuters reported. Arriving …
Crypto mining now official activity in Iran
Cryptocurrency mining is now an official industrial activity in Iran after winning approval from the country’s cabinet. In a session on Sunday, chaired by President Hassan Rouhani, cabinet …
Iran to launch its own cryptocurrency
Iran's Peyman cryptocurrency is about to start operating and will soon be launched, CEO of Bank Melli Iran Mohammad Reza Hosseinzadeh said, adding that the cryptocurrency is gold-backed. Hosseinzadeh noted that …
The Middle East Becomes Significant As A ‘Cryptocurrency Capital’
Dubai is counted among the few places who have readily embraced crypto transactions, surpassing the US and the UK
Riyadh and Abu Dhabi collaborate on new cryptocurrency
Saudi Arabia and the United Arab Emirates have announced an agreement to cooperate on the creation of a cryptocurrency, Emirate News Agency reported. The Executive Committee of the Saudi-Emirati Coordination Council has held a meeting …
Energy giants, banks launch new blockchain platform for oil and gas deals
Fifteen multinationals announced the launch of a new blockchain platform
Russia and Iran to develop own cryptos to reduce USD dependence
This way they can avoid US sanctions
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