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Topic

crypto coin

The phenomenon of cryptoassets

The phenomenon of cryptoassets

Published 27 Apr, 2022 05:19am
Cryptoassets are the most noteworthy technology the world has witnessed over the last two decades. Bitcoin was first...
Bitcoin slips below $40,000 as recovery fades

Bitcoin slips below $40,000 as recovery fades

Published 21 May, 2021 02:16pm
  • But Societe Generale questioned the comparison on Thursday: "Bitcoin has clearly 'outshone' gold both to the upside and now also to the downside. But with such a gap in volatility and amplitude, does it make sense to compare the two assets at all?"
Bank of Canada says cryptoassets' volatility is obstacle to payment acceptance

Bank of Canada says cryptoassets' volatility is obstacle to payment acceptance

Published 20 May, 2021 09:07pm
  • "Price volatility stemming from speculative demand remains an important obstacle to the wide acceptance of cryptoassets as a means of payment," it said.
  • Bitcoin, the biggest and most popular cryptocurrency rose nearly 14% on Thursday to $42,000, after plunging 14% a day earlier to its lowest since late January.
Bitcoin, ethereum plunge; crypto market cap losses nearly $1 trillion

Bitcoin, ethereum plunge; crypto market cap losses nearly $1 trillion

Published 19 May, 2021 08:12pm
  • The sharp declines came after China banned financial and payment institutions from providing cryptocurrency services.
  • Bitcoin dropped to $30,066, the lowest since late January. It was last down 22% at $33,502. The most popular cryptocurrency posted its largest one-day loss since March 2020.
Bitcoin falls 1.8pc to $50,270

Bitcoin falls 1.8pc to $50,270

Published 25 Apr, 2021 03:13am
BENGALURU: Bitcoin dropped 1.77% to $50,269.9 on Saturday, losing $906.75 from its previous close. Bitcoin, the...
Visa moves to allow payment settlements using cryptocurrency

Visa moves to allow payment settlements using cryptocurrency

Published 29 Mar, 2021 06:20pm
  • Bitcoin, the most popular crypto coin, jumped to a one-week high on the news, rising as much as 4.5% to $58,300 and heading back toward a record-high above $61,000 hit earlier this month.
  • The USD Coin (USDC) is a stablecoin cryptocurrency whose value is pegged directly to the US dollar.
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