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Topic

cryptocurrency market

Bitcoin jumps 9% to touch 12-day high

Bitcoin jumps 9% to touch 12-day high

Published 01 Oct, 2021 04:26pm
LONDON: Bitcoin extended gains on Friday, climbing over 9% in late morning trade to $47,800, its highest level in 12...
Binance ditches 'stock tokens' as global crackdown widens

Binance ditches 'stock tokens' as global crackdown widens

Published 16 Jul, 2021 08:52pm
  • Major exchange Binance stops selling stock tokens
  • Hong Kong latest regulator to target exchange
  • Lithuania c. bank also warns Binance over unlicensed services
  • Global scrutiny on platform is unprecedented.
Iran seizes 7,000 cryptocurrency computer miners, largest haul to date

Iran seizes 7,000 cryptocurrency computer miners, largest haul to date

Published 22 Jun, 2021 06:46pm
  • Tehran police chief General Hossein Rahimi said the 7,000 computer miners were seized in an abandoned factory in the west of the capital.
  • Bitcoin and other cryptocurrencies are created through a process known as mining, where powerful computers compete with each other to solve complex mathematical problems.
Spain's BBVA opens Bitcoin trading service to clients in Switzerland

Spain's BBVA opens Bitcoin trading service to clients in Switzerland

Published 18 Jun, 2021 05:20pm
  • BBVA said that during a gradual roll-out it had detected a "significant desire" among investors for crypto-assets or digital assets to diversify their portfolios despite their volatility and high risk.
  • BBVA said it was limiting this new cryptocurrency service to Switzerland because the country has clear regulation and widespread adoption of digital assets.
Ethereum rises 8pc; bitcoin firms

Ethereum rises 8pc; bitcoin firms

Published 01 Jun, 2021 04:59am
LONDON: Cryptocurrency Ethereum extended gains to rise more than 8% on Monday to $2,587 but remained 40% below a...
Bitcoin climbs above $40,000

Bitcoin climbs above $40,000

Published 27 May, 2021 03:40am
NEW YORK: Bitcoin climbed back above $40,000 on Wednesday for the first time this week, before edging off its highs,...
Digital coin ether hits record high as 2021 gains near 500pc

Digital coin ether hits record high as 2021 gains near 500pc

Published 12 May, 2021 05:08pm
  • Ether, the second-biggest cryptocurrency by market capitalisation after bitcoin, climbed to $4,372.35, eclipsing its previous record hit on Monday, and was last up 2%. Bitcoin was down a touch at $56,240.
  • US bank J.P. Morgan on Wednesday said the pace of evolution in the ethereum market has "remained rapid" and that there was still room for growth.
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