US, European equities fall ahead of US inflation data LONDON: US and European stock markets fell Monday as investors already fretting over a looming interest rate hike... Published 10 Jan, 2022 08:45pm
Markets Bitcoin falls under $40,000 to a 5-month low LONDON: Bitcoin fell over 5% on Monday to its lowest in over five months, tumbling under the $40,000 level. The... Published 10 Jan, 2022 08:08pm
Markets Whiplashed Wall Street struggles with mixed payrolls data BOSTON: U.S. stocks and Treasury were mixed in choppy trading on Friday as investors digested payroll data and its... Published 07 Jan, 2022 11:22pm
Business & Finance Record year for illegal cryptocurrency payments: study LONDON: Cryptocurrency-based crime hit a record high in 2021 as overall legal payments also reached an all-time ... Published 06 Jan, 2022 08:55pm
Markets Bitcoin network power slumps as Kazakhstan crackdown hits crypto miners LONDON: The global computing power of the bitcoin network has dropped sharply as the shutdown this week of... Published 06 Jan, 2022 08:41pm
Business & Finance Bitcoin, ether near multi-month lows following hawkish Fed minutes The token hit a record high of $69,000 in November Updated 06 Jan, 2022 11:53am
Markets Goldman Sachs says bitcoin will compete with gold as ‘store of value’ LONDON: Bitcoin will take market share away from gold in 2022 as digital assets become more widely adopted, Goldman... Published 05 Jan, 2022 07:47pm
Business & Finance Bitcoin faces uncertain 2022 after record year LONDON: The price of bitcoin hit record highs in 2021 thanks to support from traditional finance, but cryptocurrency... Published 03 Jan, 2022 06:42am
Markets The Year of the Doge? 2021, crypto's wildest year yet LONDON: Bitcoin close to $70,000, "memecoins" worth billions of dollars, a blockbuster Wall Street listing and a... Updated 30 Dec, 2021 03:52pm
World US to return $154mn stolen by Sony employee and converted to bitcoin WASHINGTON: The US Department of Justice said Monday it has taken action to return more than $154 million allegedly... Published 21 Dec, 2021 12:49pm
Markets Bitcoin below $50,000, at early October levels, after weekend's battering HONG KONG: Bitcoin hovered around $49,000 on Monday, down 1.5% on the day, as traders nursed losses after a brutal... Published 06 Dec, 2021 12:51pm
Print Bitcoin falls by a fifth, cryptos see $1bn worth liquidated BENGALURU: Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic... Published 05 Dec, 2021 04:26am
Markets Bitcoin falls by a fifth, cryptos see $1bn worth liquidated Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns ... Updated 04 Dec, 2021 02:56pm
Technology What Pakistan can learn as Dubai races to become cryptocurrency ‘hub’ KARACHI: Cryptocurrencies are gaining popularity the world over among both investors and governments. El Salvador... Updated 30 Nov, 2021 05:24pm
Print IMF urges El Salvador against using bitcoin as official currency SAN SALVADOR: The International Monetary Fund on Monday warned El Salvador against using bitcoin as official tender... Published 24 Nov, 2021 04:35am
Markets Dollar hits new high on yen as Powell reappointment firms hawkish Fed bets The greenback rose as much as 0.24% to 115.13 yen Updated 23 Nov, 2021 11:45am
Markets Crypto startup MoonPay valued at $3.4bn after latest funding round Cryptocurrency startup MoonPay has raised fresh capital from investors led by Tiger Global Management and hedge fund... Updated 22 Nov, 2021 08:22pm
Markets Bitcoin heads for worst week in months as Mt Gox payouts loom SYDNEY: Bitcoin fell to a one-month low on Friday and was headed for its worst week in six months as traders have... Published 19 Nov, 2021 11:22am
World Modi warns bitcoin could ‘spoil’ young Indians SYDNEY: Indian Prime Minister Narendra Modi on Thursday warned that bitcoin presents a risk to younger generations,... Published 19 Nov, 2021 04:35am
Markets Bitcoin falls more than 4% to near $60,000 SINGAPORE: Bitcoin, the world's biggest and best-known cryptocurrency, fell more than 4% on Tuesday as it extended a... Published 16 Nov, 2021 11:54am
Technology Coinbase falls short on revenue as trading volumes slump 30% US cryptocurrency exchange Coinbase Global Inc on Tuesday reported a nearly 30% fall in third-quarter trading ... Published 10 Nov, 2021 10:35am
Markets Crypto rally lifts ether to new record, bitcoin to near 3-week high SYDNEY: Bitcoin rose to a two-and-a-half-week peak on Monday and ether climbed to a fresh record as cryptocurrencies... Published 08 Nov, 2021 11:30am
Technology Ether scales $4,600 to record high, bitcoin trails SINGAPORE: Ether, the world's second-largest cryptocurrency, hit an all-time high on Wednesday, catching up with... Published 03 Nov, 2021 12:48pm
Markets Bitcoin slips on profit-taking but on track for biggest gain in 8 months LONDON: Bitcoin fell on Wednesday to its lowest level in 1-1/2 weeks, taking losses since hitting a record high last... Published 27 Oct, 2021 08:23pm
Business & Finance Walmart allowing some shoppers to buy bitcoin at Coinstar kiosks NEW YORK: Walmart Inc said on Thursday customers at some of its US stores will be able to purchase bitcoin using... Published 25 Oct, 2021 05:32am
Markets Dollar pares losses as Powell signals bond taper NEW YORK: The dollar pared losses on Friday after Federal Reserve Chairman Jerome Powell said the US central bank... Published 23 Oct, 2021 12:58am
Markets Asian markets swing but Evergrande payment report provides boost HONG KONG: Markets in Asia fluctuated Friday following a record-breaking lead from Wall Street, while a report that... Published 22 Oct, 2021 08:41am
Business & Finance Bitcoin hovers below peak, doubts linger over boost from US ETF LONDON/HONG KONG: Bitcoin hovered on Thursday below its all-time high struck a day earlier after the launch of the... Published 22 Oct, 2021 04:13am
Markets Stocks fall, bitcoin close to record high LONDON: Stock markets mostly fell Thursday as fresh concerns about fallout from the Evergrande saga hit sentiment.... Updated 21 Oct, 2021 05:51pm
Print Bitcoin hits record above $66,000 on Wall Street debut LONDON: Bitcoin surged Wednesday to a record above $66,000 after taking another step towards mainstream status as ... Published 21 Oct, 2021 03:21am