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Topic

crypto market

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...
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.
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