A fresh bout of selling on Friday drove Bitcoin down as much as 7.9 per cent to US$47,525 — below its 100-day moving average — as it continued to take out key technical levels. This week’s more than 20 per cent rout marks the worst period for Bitcoin since March 2020. investors in Bitcoin, which has […]
A fresh bout of selling on Friday drove Bitcoin down as much as 7.9 per cent to US$47,525 — below its 100-day moving average — as it continued to take out key technical levels. This week’s more than 20 per cent rout marks the worst period for Bitcoin since March 2020. investors in Bitcoin, which has […]
The number of units put up for sale, meanwhile, gained just 43 per cent. The data released Thursday show that the number of units leased in the first quarter rose about 82 per cent, while new rental listings increased 79 per cent. Rent for a one-bedroom unit declined 17 per cent to $1,820 a month, […]
to Bitcoin, ARK has a clear profit motive in promoting the green credentials of crypto and its view isn’t widely accepted by other researchers. Square Inc., which Wood cited in a Twitter post as collaborating on the research, has been buying Bitcoin and says crypto is a growing part of its business through the use […]
An employee wearing a protective face mask inspects mining rigs mining the Ethereum and Zilliqa cryptocurrencies at the Evobits crypto farm in Cluj-Napoca, Romania, on Wednesday, Jan. Late last year, Justice Department — which Marshals Service is a part of — seized nearly 70,000 Bitcoins valued at about $4 billion, based on current prices. “We […]
Bitriver, the largest data center in the former Soviet Union, was opened just a year ago, but has already won clients from all over the world, including the U.S., Japan and China. That could help a developer make money minting coins at a time when there’s lots of wind or sunshine, but not much electricity […]
to Bitcoin, ARK has a clear profit motive in promoting the green credentials of crypto and its view isn’t widely accepted by other researchers. Square Inc., which Wood cited in a Twitter post as collaborating on the research, has been buying Bitcoin and says crypto is a growing part of its business through the use […]
Green light illuminates server cables in the 5G lab at the Vodafone Kabel Deutschland GmbH campus in Duesseldorf, Germany, on Tuesday, Jan. Huobi Tech is rolling out four funds including ones that will virtually track Bitcoin and Ether prices, allowing investors to bet on the coins without actually holding any currency. The offerings also include […]
The intent of listing on the Nasdaq Dubai exchange is to get trading at all hours around the globe, said CEO Fred Pye. 3iQ was founded in 2012 and has about $1.5 billion in assets. strategists recently said if the largest cryptocurrency isn’t able to break back above $60,000 soon, momentum signals will collapse. …Read […]
On the heels of robust economic figures out of the U.S., data from China showed its gross domestic product climbed 18.3 per cent in the first quarter from a year prior as consumer spending beat forecasts. “The world’s two largest economies are starting to really shine, and despite difficulties in Europe, they’re starting to get […]
On the heels of robust economic figures out of the U.S., data from China showed its gross domestic product climbed 18.3 per cent in the first quarter from a year prior as consumer spending beat forecasts. “The world’s two largest economies are starting to really shine, and despite difficulties in Europe, they’re starting to get […]
Futures rose 4.9 per cent in New York, the most since late March, after trading in a US$5 range for weeks. “There’s always bearish factors in any market, but now that we’ve broke out to the upside, it likely means we’re going to retest the old highs, if not go through them,” said Bill O’Grady, […]
cryptocurrency exchange, is set to debut on Wednesday through a direct listing, an alternative to a traditional initial public offering that has only been deployed a handful of times. — Coinbase Global Inc.’s trading debut ushered in a new era for cryptocurrencies on Wall Street, bringing the oft-mocked asset class closer to mainstream acceptance. For […]
in New York and spiked as high as US$429 in the first 10 minutes of trading before turning lower. The listing is seen pushing crypto even more into the mainstream of investing, exposing legions of potential buyers to the digital asset class that have grown into a US$2 trillion industry in little more than a […]
It is racing with the likes of Fidelity Investments for first-mover advantage as conviction grows that the SEC will relent after years of rejected applications. Bitcoin rose for a seventh straight day on Wednesday morning, hitting the highest on record and trading at about US$63,900 as of 6:12 a.m. Whether Gary Gensler, the nominee to […]
Illuminated mining rigs operate inside racks at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia, on Thursday, March 18, 2021. — Bitcoin mining is consuming 66 times more electricity than it did back in late 2015, and the carbon emissions associated with it will likely face increasing scrutiny, according to a Citigroup Inc. Carbon emissions […]
